Pyongyang has just received more than $ 920 million in economic loans, a well-known North Korean fugitive defector who was recently elected to the National Assembly said on Tuesday. From Seoul, citing official government data.
Thae Yong-ho, a former North Korean diplomat who flew from the North Korean embassy in London in 2016, said Seoul began lending to North Korea after 2000 when the South Korean president Kim Dae-jung met with North Korean leader Kim Jong Il.
According to a report published by the South Korean newspaper Yonhap, the former North Korean diplomat said South Korea must demand a debt relief. For example, North Korea owed debt in 2008 alone, when Pyongyang owed $ 2.3 million in steel goods.