Hundreds of foreign companies attend North Korea trade fair despite sanctions

  • 📰 Reuters
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

An international trade fair in North Korea this week may be the largest such eve...

SEOUL - An international trade fair in North Korea this week may be the largest such event on record, analysts said on Tuesday, with hundreds of Chinese and other foreign vendors taking part despite sanctions pressure.

More than 450 companies from North Korea, China, Russia, Pakistan, Poland and “other countries and regions” showcased a range of products at the fair, KCNA said. North Korean officials opened the event by saying it was a chance to expedite trade, economic cooperation, and science and technology exchanges with the participating countries, state media reported.Sanctions imposed over North Korea’s nuclear weapons and missile programs would prohibit all joint ventures and most business with North Korea, analysts said, while some foreign business operations have previously said they were only preparing the ground for when sanctions are lifted.

Since last year, leader Kim Jong Un has embarked on a diplomatic campaign to try to get the sanctions lifted and allow him to jumpstart the economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

US sanctions incoming.

I hope Ivanka was able to send a representative.

New speakers and a bigger capacitor and a better antenna. Great latitude under innovation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines