Coca-Cola, KFC to Begin Business in N. Korea
By wchung | 04 Jul, 2026
North Korea has agreed to let Coca-Cola and Kentucky Fried Chicken (KFC) to open branches in Pyongyang after 10 company officials visited Pyongyang from July 5-9, according to various news reports.
The visit came at the invitation of the North’s Korea Taepung International Investment Group, an official government channel created to attract foreign investment.
The U.S. firms will open branches as early as September, according to sources at the companies.
North Korea’s effort to bring in symbols of capitalism and American culture is seen as part of its recent move to revitalize its failed economy by opening to the outside world.
Pyongyang has also agreed to let Associated Press open a permanent bureau in the capital and has signed a video supply agreement with Thomson Reuters.
© 2026 by Asian Media Group Inc.
Recent Articles
- US-EU Trade Hits Record High Despite Tariff Tensions, Study Shows
- Chinese Independent Refiners Snap up Discounted Mideast Oil as Supplies Rise
- US Oil Companies See Big Profit Jump, Faces Pressure to Cut Pump Prices
- Drug Gangs Use Social Media to Recruit Thai Air Crew as Couriers
- Ghonhee Lee's Katalyst Launches Orbital Rescue Mission for NASA Satellite
- Zuckerberg Says Meta AI Agent Tech Progressing Slower Than Expected
- Japan's Services Activity Returned to Growth in June
- Air Force to Investigate Officer Who Called for Trump Impeachment
- How Americans Plan to Celebrate July 4th 250
- Tesla's China-Made EV Sales Jumped 24.4% on Year in June