Pyongyang's cash-strapped totalitarian regime has offered to settle part of its debt to the Czech Republic with a large consignment of ginseng rather than eat into its limited funds.
With the domestic economy crumbling, North Korea is feeling the impact of tighter international sanctions and is struggling to access global capital markets because of its outstanding debts of about $12bn, two-thirds owed to former communist states.
Czech officials confirmed that Pyongyang had offered to settle 5 per cent of its Kc186m ($10m) debt in ginseng, an invigorating root that is supposed to improve memory, stamina and libido.
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