Choson Exchange

Choson Exchange was founded by Geoffrey See, a Yale University and Wharton School graduate and MIT Researcher, who began negotiations over educational exchange with North Koreans in 2007.[1] The organization focuses on providing “training and advisory in topics related to business, economics, finance and law” in North Korea.[7]

Choson Exchange brings volunteers to train DPR Koreans in Pyongyang, Pyongsong, Wonsan and Rason in economics, entrepreneurship and business and also conducts training programs overseas to provide Koreans with greater exposure to the world. Workshop leaders volunteer in their private capacity, and previous trainings have featured the ex-Finance Minister of Singapore, ex-Chairman of Singapore International Airlines, bankers from Goldman Sachs and Bank of America Merrill Lynch as well as big-four consultancies, major tech companies and startups.[8] Choson Exchange workshop fall into two main tracks, one focused on business and management skills, the other on broader economic management issues. Major programs in these fields include the Women in Business program, aimed at supporting female entrepreneurs and managers and the Provincial Development Program, focused on the governance of DPRK Special Economic Zones.[9][10] The organization also supports young North Koreans with internships and scholarships for longer, master's-level study programs.[11]

Choson Exchange compiles and distributes economic and business materials in various formats for audiences in North Korea.[12] The non-profit is also working on establishing an incubator in North Korea.[13] The founder is a member of the Kauffman Fellows Program, a leadership program for venture capitalists and those involved in building out entrepreneurial ecosystems.

In 2018, the Washington Post cited Choson Exchange's work bringing North Koreans to Singapore as one among a number of reasons why Singapore was chosen as the site of the 2018 North Korea–United States summit between the leaders of the United States and DPRK, Donald J. Trump and Kim Jong Un.[14] The Washington Post also noted that Kim Jong Un's tour around Singapore's Marina Bay, during which he praised Singapore's development, was exactly the same route in which more than 100 of Choson Exchange's North Korean participants had taken in the past when they visit Singapore.[15]

In 2018, Seoul Mayor Park Won-soon visited Singapore and expressed appreciation for Choson Exchange's work introducing economic policy, business and entrepreneurship to DPR Koreans.[16] After the meeting, Mayor Park told South Korean media that Seoul should initiate startup exchanges with North Korea, with the work of Choson Exchange as a reference for what is possible and should be done.[17] Later that year, Choson Exchange was represented at the State Dinner between President Halimah Yacob and President Moon Jae-in during a State Visit to Singapore.

Choson Exchange studies and reports on changes in North Korea's economic policy and investment laws for an international audience.[18][19][20] Choson Exchange staff also provide analysis on political or social events, particularly as they relate to the economic life of the DPRK.[21][22][23]

The organization is also regularly cited by international news organizations on political and economic developments in North Korea, having appeared in The New York Times, The Washington Post, the Guardian, The Economist, Reuters, the Associated Press, China Daily and others.[24][25][26][27][28][29][30]

• Official website