Navigating rough seas

North Korea is seeking foreign investment to fund a $20 million casino cruise ship aimed at boosting tourism in the region. But international sanctions and cultural differences mean the initiative may never set sail. When considering vacation options, most holidaymakers don’t place North Korea high on their list of choices. Strict visa requirements, a lack of luxury accommodations and a trigger-happy dictatorial leader are enough to deter even the most intrepid explorers. But this is something the Hermit Kingdom is trying to change, inviting foreign investors to fund an international casino cruise program run out of its Mount Kumgang tourist zone in a bid to boost visitation to the country. The region, a special development zone and port close to the country’s border with South Korea, is calling on overseas entities to invest $20 million in a 30,000-tonne casino-equipped cruise ship, which will operate routes between South East Asia and Russia. A statement...

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