SEOUL, Aug. 13 (Yonhap) -- North Korea announced Friday that it has enacted new laws to facilitate trade with other countries, improve labor rights and protect the interests of economic entities under state supervision.
"The adoption of the laws provides a definite legal guarantee for improving the labor protection work, developing economic cooperation and exchange with other countries," the official Korean Central News Agency said in a report monitored in Seoul.
| Oh, they shot all the communists? |
The report did not go into further specifics, but added that the laws seek to protect "the economic interests of the industrial establishments, organizations, individuals and foreign investment companies belonging" to the chamber of commerce.
| That could have been written by the Democratic National Committee ... |
The laws were "recently adopted" by the Presidium of the Supreme People's Assembly, the North's rubber-stamp parliament, the report said, adding that "principles" concerning labor matters were also set. |