North Korea's first and only law firm, Hay, Kalb & Associates, will suspend operations, the firm's principal said in a statement on Monday, as the country grows increasingly isolated.
The firm is a joint venture between the North Korean state and British-French citizen Michael Hay, who has represented foreign clients in the capital, Pyongyang, for 12 years.Hay said he had made the decision based on "business and geopolitical principles".
"This decision has been taken only after lengthy and thorough deliberation and an examination of the continuing deterioration of inter-regional relations pertaining to the Korean peninsula," Hay said in a statement.
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