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A Volvo 144 imported from Sweden to North Korea, 2010. In the 1970s, Sweden began to see North Korea as a lucrative market. [2] Swedish companies like Volvo, ASEA, Kockums, Atlas Copco, and Alfa Laval wanted to export their products to the country and held an industrial exhibition in Pyongyang. [3]
North Korea owes the government and other private businesses over 30 million Euros that date back to the 1970s. In April 2017 government officials reassured YLE news reporters that they have not forgotten about the debt, and will work to find a solution to their debts. [337] France: See France–North Korea relations
Sweden: 1962–present: Second Volvo Car plant: Manufacturing: XC60, V60, V60 Cross Country, V90, V90 Cross Country, XC90: Worldwide Debut model: Volvo Amazon: Dartmouth Plant: Dartmouth, Nova Scotia, Canada: 1963–1967 [2] First Volvo Car plant outside Sweden [3] Assembly [2] Canada Third non-domestic automobile plant in North America Debut ...
North Korea was a party to the Nuclear Non-Proliferation Treaty, but announced a withdrawal on 10 January 2003, after the United States accused it of having a secret uranium enrichment program and cut off energy assistance under the 1994 Agreed Framework. In February 2005, North Korea claimed to possess functional nuclear weapons, though their ...
The new 50-gigawatt-hour (GWh) plant will create up to 3,000 jobs and make battery cells specifically developed for use in pure electric Volvo and Polestar cars, the Sweden-based companies said.
2010 - South Korea breaks off all trade with the North after a naval ship is sunk by a North Korean torpedo. 2012 - South Korea elects its first female president, Park Geun-hye.
The Swedish Embassy in Pyongyang is Sweden's diplomatic mission in North Korea, which is located in the country's capital Pyongyang. The Swedish Embassy was one of the first embassies in North Korea, opening in 1975. The ambassador since July 2021 is Andreas Bengtsson. Until 2001, Sweden was the only Western country with uninterrupted ...
SEOUL (Reuters) -North Korea blew up sections of inter-Korean roads and rail lines on its side of the heavily fortified border between the two Koreas on Tuesday, prompting South Korea's military ...