“Who” Is Behind The Biggest Auto Theft In History?!

North Korea has not paid for a thousand Volvo vehicles it bought from Sweden for nearly forty years, and it doesn’t care at all.

We all often do what someone does on social media and on television. car theft We see the news. While some of them are on the agenda due to the fact that theft is done in different ways, others are on the agenda due to the expensiveness of the cars.

The biggest car theft in history is today. Between North Korea and Sweden still remains a problem.

After the Korean War, North Korea rebuilt its economy.

After the Korean War, which started between North Korea and South Korea and then affected many regions with the participation of countries such as the USA and China, North Korea made various efforts to develop its country. Firstly fix the country’s economy North Korea has become an industrial state over the years, but it still needed help from other countries.

In the 1970s, Swedish automobile company Volvo entered the North Korean market.

Volvo Emblem

Years after the war, the Swedish brand Volvo, unlike all its other competitors, decided to expand into the North Korean market. Because, according to Volvo, in North Korea’s emerging economy there was a lot of money to be made. For this reason, it entered this market by signing contracts immediately.

After the contracts, exactly one thousand Volvo 144 model cars were sent to North Korea.

Volvo 144

In addition, in order to assist industrialization with these contracts, iron casting machines also sent.

After Volvo, so many Swedish companies invested in North Korea that Sweden became the first western country to open an embassy in North Korea.

North Korea Consulate in Sweden

Swedish firms shipped millions of dollars of products to North Korea. For this reason, Swedish firms and politicians encouraged the Swedish Ministry of Foreign Affairs to send a diplomat to North Korea, encouraging Sweden’s involvement in North Korea. first western country to establish an embassy made it happen.

Volvo sent his vehicles and machines to send, but he could not get paid for it.

volvo

North Korea last made some of the payment for Volvo brand vehicles it bought in the 1970s, in the 1980s. Since then, nearly forty years have passed and Sweden has Although reminders are made twice a year North Korea is not paying its debt.

Moreover, he still continues to use these tools today. North Korea’s debt, according to current data $322 million It ranks first among the countries with the highest debt to Sweden.

RELATED NEWS

The Meanings of the Letters and Numbers Behind “Volvos” That Make You Say “These Are Too Easy”

RELATED NEWS

The Hero Behind Volvo’s Robust Reputation, What Makes “Swedish Steel” So Tough?

RELATED NEWS

Why Are Korean Surnames Usually Kim, Park, and Lee? (Makes Almost Half the Population!)


source site-33