Hello, I'm Manuel Salagossa. Welcome to Business Daily from the BBC.

Coming up, imagining North Korea as an open economy. It's the long view, the very long view.

Unless they reform the economy, as China did in 1970s.

North Korea's potential for economic growth will be limited.

We'll hear what it takes to become a so-called frontier market for investment.

It's all about getting out of your comfort zone.

Nothing prepared me for the scariness of my first solo flight.

Taking off all by myself in the knowledge that me and only me was going to be able to get myself down again safely.

That's all here in Business Daily from the BBC.

Who would want to invest in North Korea?

Well, you'd be hard pressed to find anyone right now. It is,

after all, a closed society where all economic activity is controlled by the state. Plus,

it's, of course, subject to international sanctions at the moment. But at last week's summit

between President Trump and North Korean leader Kim Jong-un, Mr. Trump expressed a long-term interest.

As an example, they have great beaches. You see that whenever they're exploding their cannons

into the ocean, right? I said, boy, look at that brief. Wouldn't that make a great condo

behind? And I explained, I said, you know, instead of doing that, you could have the best hotels

in the world right there. Think of it from a real estate perspective.

You have South Korea, you have China, and they own the land in the middle.

How bad is that, right? It's great.

Well, it's fair to say that vision of a private condo on a North Korean beach is probably a very long way off.

But if, and it is a huge if, North Korea does see those sanctions lifted, it could

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