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The Spaniard with the hotline to Kim

The Spaniard with the hotline to Kim

If you want to do business in Pyongyang, Alejandro Cao de Benós can help you explore mining interests or report back on Kim Jong-un's health.

Alejandro Cao de Benós is the man investment bankers and entrepreneurs contact when they want to do business in North Korea. Bloomberg

The message from Dubai in late 2018 wasn’t unusual. It’s just part of the day for Alejandro Cao de Benós to open his email and find some intrepid capitalist who wants to do a little business in North Korea.

Recently, there was the one from a guy in Hawaii who wanted to open a McDonald’s in Pyongyang. That’s an easy no. Privately owned businesses are forbidden in the Democratic People’s Republic of Korea. “No McDonald’s, no Kentucky Fried Chicken, no Burger King,” Cao de Benós says.

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Original URL: https://www.afr.com/world/asia/north-korea-s-spaniard-in-the-works-20200511-p54rsn