Is it funny how the BFEE and Moon can do SO much bidness with the commie madmen? Freepers on Moon & Hyundai:
The Story You Won't Read in the Washington Times: Sun Myung Moon Does Business With Axis of Evil
Moon agent whitewashes North Korea: "There's a nine-hole golf course in the city, as well as a driving range."
Setting Up Shop in N. Korea: Car Firm Plunges In
Asia: Company linked to Sun Myung Moon's church is to open an assembly plant in April.
By BARBARA DEMICK
TIMES STAFF WRITERMarch 28 2002
SEOUL --At first glance, there couldn't be a more improbable business proposition than opening an automobile factory in North Korea, where hardly anybody owns a car or knows how to drive. Even more surprising is that the company making this investment is an affiliate of the Unification Church, headed by the thumpingly anti-communist Rev. Sun Myung Moon.
Against all odds, Pyonghwa Motors next month is opening a $55-million auto assembly plant where there once were rice paddies in the western coastal city of Nampo. It is one of the largest private ventures in North Korea, a bastion of militant communism that only recently has cracked open its doors to foreign investment in a desperate quest for hard currency.
"This country was so closed that nobody, not God, not Buddha, could get in the last 50 years without a visa," Park Sang Kwon, the president of Pyonghwa Motors, said at a news conference Friday in Seoul, the South Korean capital, where the company is headquartered. "Nobody, even in my own company, believed it was possible to build an automobile in North Korea. Only I believed." Initially, the assembly line will turn out Fiat Sienas, a compact model, but Pyonghwa Motors hopes to develop its own model for the North Koreans.
The communist government, which also owns a stake in the company, has contracted to buy 1,000 cars in the first year. After that, the company hopes to sell vehicles in China, Russia and, if the political situation allows, South Korea. The plant has the potential to turn out 20,000 cars a year.
The communist government, which also owns a stake in the company, has contracted to buy 1,000 cars in the first year. After that, the company hopes to sell vehicles in China, Russia and, if the political situation allows, South Korea. The plant has the potential to turn out 20,000 cars a year.
http://www.usasurvival.org/moon-cars.shtml