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| Descrição Cédula |
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| The Democratic Peoples Republic of Korea, situated in northeastern Asia on the northern half of the Korean peninsula between the Peoples Republic of China and the Republic of Korea, has an area of 46,540 sq. mi. (120,538 sq. km.) and an estimated population approaching 25 million. Capital: Pyongyang. The economy is based heavily on industry. Coal briquettes are proportionally one of the largest exports followed by iron ore and concentrates. Japan replaced China as the predominant foreign influence in Korea in 1895 and annxed the peninsular country in 1910. Defeat in World War II brought an end to Japanese rule. U.S. troops entered Korea from the south and Soviet forces entered from the north. The Cairo conference (1943) had established that Korea should be “free and independent.” The Potsdam conference (1945) set the 38th parallel as the line dividing the occupation forces of the United States and Russia. When Russia refused to permit a U.N. commission designated to supevise reunification elections to enter North Korea, an election was held in South Korea which established the Republic of Korea on Aug. 15, 1948. North Korea held an unsupervised election on Aug. 25, 1948, and on the following day proclaimed the establishment of the Democratic Peoples Republic of Korea. MONETARY SYSTEM: 1 Won = 100 Chon |
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