Felix Abt is a Swiss serial entrepreneur and expert on doing business in North Korea. He has lived in 9 countries on 3 continents.

From 2002 to 2009, he worked as one of the few Western businessmen in North Korea. He was co-founder and first president of the European Business Association in Pyongyang, a de facto European Chamber of Commerce and the first foreign chamber of commerce. He also co-founded the Pyongyang Business School, imparting market skills in the next generation of leaders.

Previously, Abt worked in Europe, Africa and Asia as a senior executive for multinationals such as F. Hoffmann-La Roche, a global healthcare leader, and the global engineering giant, ABB Group as well as small and medium-sized enterprises. In 2002, ABB appointed him first as resident country director in North Korea. He went on to become a point man for Western investments in the country, representing several multinational corporations and even founding a business of his own.

He was a shareholder at several legitimate Joint Venture companies in North Korea which are now being driven into bankruptcy by the U.S. instigated strangulating U.N. trade embargo ("sanctions").

Felix Abt is a politically neutral businessman and, therefore, does not share partisan views about North Korea. He is, however, critical of unfair North Korea reporting and does what he can to contribute to a more objective view of a country he knows much better than the journalists and bloggers writing about it. For this reason he wrote two books on North Korea: "A Capitalist in North Korea: My Seven Years in the Hermit Kingdom" and "North Korea behind the veil".

What does the press have to say about Felix Abt?

"Point man for Western investments in – of all places – North Korea." TIME magazine, USA

"Doing business on the most difficult ground despite nuclear crisis, economic sanctions and payment transfer obstacles." Frankfurter Allgemeine Zeitung, Germany

"Well-known North Korea affairs specialist." Yonhap News Agency, South Korea

"His long experience in business is key to know about the North Korean economy. There are no other people who have experience with North Korea as much as he does." NHK Television, Japan

"Amazing business pioneer in North Korea."


His full profile can be found here:


New free e-book NORTH KOREA BEHIND THE VEIL. Inside stories & pictures you can't find anywhere else

The newly released book NORTH KOREA BEHIND THE VEIL is Felix Abt's second North Korea book which is a collection of an insider’s short stories, articles and uncensored images, providing a unique insight and a different perspective on the so-called Hermit Kingdom.

And this is what motivated the author, who lived and worked for seven years in North Korea, to publish it: “North Korea has been portrayed for decades as a monolithic gulag network filled with slaves and a hellhole by the mass media. The socio-economic changes North Korea has undergone over the last decade or more have been almost entirely unreported. Indeed, by the beginning of 2017, mass starvation had long ceased, while more and better-assorted markets emerged throughout the country (and yet you’re still reading that ‘North Korea’s regime is starving its population’). Fewer people are punished for political crimes than in the past (but you still read that three generations of a family are sent to the gulag for the slightest political crime). The rising middle class has been transforming the rigid old political class system since marketization has enabled people from lower classes to build their own business, with some becoming rich and even more influential than many party and government officials from the privileged ‘core class,’ something prohibited two decades ago. Yet, you’re still told by the media that a North Korean’s fate is solely defined by the social ‘caste’ he belongs to and so on. Business people around the world have had no access to any news of positive progress, while any stories of ‘normal’ development are generally considered not to be newsworthy by the media.

Alas, the strangulating economic embargo which was imposed later in 2017, a de facto collective punishment, is bound to reverse this progress, causing enormous and unnecessary suffering to the North Korean people.”

Free download here