Identifier
Created
Classification
Origin
09STATE37323
2009-04-15 20:41:00
SECRET//NOFORN
Secretary of State
Cable title:  

(S/NF) KUDOS - REPORTING ON NORTH KOREAN FINANCE

Tags:  PINR CH 
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R 152041Z APR 09
FM SECSTATE WASHDC
TO AMCONSUL SHENYANG 
INFO AMEMBASSY BEIJING
S E C R E T STATE 037323 


NOFORN

E.O. 12958: DECL: 04/15/2034
TAGS: PINR CH
SUBJECT: (S/NF) KUDOS - REPORTING ON NORTH KOREAN FINANCE
(C-TN9-00118)

REF: A. 2008 SHENYANG 000189 (DECEMBER 2008)

B. 2007 SHENYANG 000178 (SEPTEMBER 2007)

C. 2007 SHENYANG 00019 (JANUARY 2007)

D. 2006 SHENYANG 001086 (OCTOBER 2006)

Classified By: SUZANNE MCCORMICK, DIR., INR/OPS. REASON: 1.4(C).

S E C R E T STATE 037323


NOFORN

E.O. 12958: DECL: 04/15/2034
TAGS: PINR CH
SUBJECT: (S/NF) KUDOS - REPORTING ON NORTH KOREAN FINANCE
(C-TN9-00118)

REF: A. 2008 SHENYANG 000189 (DECEMBER 2008)

B. 2007 SHENYANG 000178 (SEPTEMBER 2007)

C. 2007 SHENYANG 00019 (JANUARY 2007)

D. 2006 SHENYANG 001086 (OCTOBER 2006)

Classified By: SUZANNE MCCORMICK, DIR., INR/OPS. REASON: 1.4(C).


1. (S/NF) WASHINGTON ANALYSTS WOULD LIKE TO CONVEY THEIR
GREAT APPRECIATION FOR REPORTING ON NORTH KOREAN FINANCE.
ANALYSTS GREATLY VALUE REPORTING ON FINANCIAL FLOWS ACROSS
THE CHINESE/NORTH KOREAN BORDER, THE STATUS OF SPECIFIC
CHINESE BANKS' RELATIONS WITH NORTH KOREAN CUSTOMERS, AND
PAYMENT METHODS BETWEEN IMPORTERS AND EXPORTERS ALONG THE
BORDER. ADDITIONALLY, REPORTING ON THE USE OF THE US DOLLAR,
RENMINBI, OR OTHER CURRENCIES IN TRADE TRANSACTIONS, AS WELL
AS FORMAL AND INFORMAL CURRENCY EXCHANGE, INFORMS OUR
ANALYSIS OF NORTH KOREAN FINANCIAL NETWORKS. REFERENCED
REPORTS HAVE BEEN PARTICULARLY INFORMATIVE ON THIS IMPORTANT
TOPIC. MANY THANKS, AND REGARDS FROM WASHINGTON.


CLINTON