By the CNN Wire Staff
June 7, 2010 5:17 a.m. EDT
(CNN) -- North Korea named Choe Yong Rim as its new premier Monday, replacing Kim Yong Il at a session of the Supreme People's Assembly, the state-run Korean Central News Agency reported.
It was not immediately known why Kim, elected to the post in 2007, was removed in favor of Choe.
A North Korean premier oversees economic policy and appoints ministers who are then confirmed by parliament.
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