Pyongyang, June 24 (KCNA) — There were exhibition and opening ceremony of the Pothonggang Joint Exchange Market on June 23.
The market will be jointly managed by the Central Company for the Exchange of Imports under the DPRK Ministry of Foreign Trade and Chinese companies including the Liaoning Taixing International Trading Co. Ltd. It will sell by wholesale and retail products needed to economic construction of the DPRK to institutions and enterprises.
Congratulatory speeches were made at the opening ceremony.
Ri Ryong Nam, vice-minister of Foreign Trade of the DPRK, noted that the exchange market was opening through cooperation between the governments of the DPRK and China. It will be conducive to the further development of cooperation and exchange between the two countries and to the work for their common interests and prosperity, he added.
Yu Huaile, deputy mayor of the People’s government and president of the Committee for Promoting Foreign Trade of Dandong City, China, said China and the DPRK had traditional friendly ties. The Korean people are achieving successes in economic construction, overcoming difficulties, under the wise leadership of Kim Jong Il, he noted.
He wished the fraternal Korean people greater achievements in socialist construction.
Kim Chang Nam, deputy director of the Central Company for the Exchange of Imports, and Jiang Xiguo, general manager of the Liaoning Taixing International Trading Co. Ltd., in their speeches expressed belief that the market would help toward developing many-sided exchange and cooperation and deepening the friendly relations between the two countries.
After the red tape was cut to declare the opening of the market, the participants went round the exhibition hall.
Among those present were Ri Hak Gwon, vice-chairman of the DPRK Committee for the Promotion of International Trade, officials and employees of the Central Company for the Exchange of Imports, officials concerned, Gu Jinsheng, economic and commercial counselor of the Chinese embassy here, and Chinese guests.
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