Price: 0.50 euro
Stamp from North Korea, 1995, stamped, in very good condition.
The General Association of Korean Residents, also known as Chongryon is one of two main organisations for long term Korean residents in Japan. It has close ties to North Korea. As there are no diplomatic relations between the two states, it has functioned as North Korea’s embassy in Japan.
However, the organization has run into severe financial trouble, with debts of over US$750 million, and has been ordered by court in 2012 to dispose of most of its assets, including its Tokyo headquarters.