260 companies attend Pyongyang Trade Fair

UPDATE: According to Xinhua:

Chinese enterprises did plenty of business at the 13th Pyongyang Spring International Trader Fair, which ended Thursday.

More than 130 Chinese enterprises were represented at the fair, including Aucma of Qingdao, Frestech of Henan, and carmaker Yuan Group of Chongqing.

The Chinese products, especially those of the industrial machine and home appliances, attracted great attention from clients in the Democratic People’s Republic of Korea.

Chinese enterprises signed up 240 new clients at the fair, including 123 potential clients, with deals totalling 4.46 million U.S. dollars, according to Luo Lei, deputy director of the Exhibition Department of the China Council for the Promotion of International Trade.

The fair was a good opportunity to promote trade and cooperation between the two countries, Luo said.

The 13th Pyongyang Spring International Trader Fair opened Monday, attacting 278 firms from 15 countries, including the DPRK, China, Russia, Vietnam and Thailand.

The spring fair and the Autumn International Trader Fair are held each year in Pyongyang.

ORIGINAL POST: According to Kyodo News:

North Korea opened a four-day international trade fair in Pyongyang on Monday, bringing together about 60 domestic firms and 200 companies from abroad.

Participants were seen looking at medical products, foodstuffs and electronic products, and holding business talks at the site. Computer-controlled numerical machine tools that North Korea manufactured for the first time last year drew particular attention.

The 13th Pyongyang Spring International Trade Fair features products from Australia, Austria, China, Cuba, Germany, Indonesia, Italy, Mongolia, North Korea, Poland, Russia, Singapore, Switzerland and Taiwan, according to the North’s Korean Central News Agency.

North Korean Vice Premier O Su Yong, Foreign Trade Minister Ri Ryong Nam, foreign company delegations and diplomatic missions in Pyongyang took part in the opening ceremony.

Read the full story here:
N. Korea opens int’l trade fair, 260 companies attending
Kyodo News


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