Stock Market Training for Koreans

South Korea helped North Korean officials and trade experts receive updated market economy training last year, a government source said Friday.

The source at the Ministry of Strategy and Finance said 40 North Korean officials were taught about the stock market, supply of consumer goods, light industrial policies, international trade and intellectual property right protection at China’s Dalian University in October and November.

A research institute under the state-run Seoul National University provided the education program, which cost the South 220 million won (US$ 194,000).

The official, who declined to be identified, said that the research institute selected training courses with input given by North Korean officials and a similar amount of money has been reserved in the 2010 budget to conduct similar programs this year.

The ministry, however, said that South Korean officials were not directly involved in the training program.

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