Market Commentary and Intraday News
NKoreans talk shop with foreigners at trade fair
277 days ago
(AP:RASON, North Korea) Fleets of shiny minivans, Chinese-made bulldozers and dump trucks festooned with red ribbons fill the plaza while toys, clothes and even probiotics digestive capsules are on display inside an exhibition hall.
Walking past the booths and examining the goods are Chinese, North Koreans and even some Europeans, who are exchanging business cards and sharing lively conversations -- North Korea is once again hosting an international trade fair, which opened Monday in Rason in the far northeast, a city seeking to sell itself as a potential hub for international trade.
The trade fair is an indication of how keen the insular nation is to attract foreign investment needed to reform its listless economy. Rason is one of North Korea's special economic zones, governed by a separate set of laws and rules.
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