Wonsan Evolving into a Central Hub for Trade with Russia ― February 12, 2025

Wonsan Port is emerging as a central hub for trade with Russia, surpassing Chongjin, North Korea’s largest eastern port, due to a surge in cargo ship and oil tanker traffic. This rise coincides with local development efforts, including pier expansions and the construction of large-scale buildings at the port. However, this development carries the risk of Wonsan being exploited as a means to circumvent international sanctions, potentially facilitating the smuggling of illicit goods. Furthermore, future plans to link the port with the Kalma Coastal Tourist Zone suggest a focus on attracting Russian tourists, aiming to stimulate the economy through trade and tourism.

Wonsan Evolving into a Central Hub for Trade with Russia ― February 12, 2025

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