calendar>>August 27. 2012 Juch 101
Rason Economic, Trade Zone Attracts Foreign Businesses
Pyongyang, August 27 (KCNA) -- The 2nd Rason International Trade Fair was closed on Thursday.

The fair served as an occasion to invigorate economic and trade activities among countries and regions.

A wide range of trade consultations were held during the fair, covering joint venture and investment.

A forum on investment in the Rason Economic and Trade Zone took place on the sidelines of the fair.

Businessmen from China, Russia, the Czech Republic, Sweden and other countries expressed understandings of feasibility of investment in the zone, which is turning into a hub of international transit trade, processed goods export, tourism and financial service.

A legal foundation was set to guarantee the development and infrastructure has mainly been provided in the zone.

The zone, which is of high economic and strategic significance, will turn to be a free economic zone conducive to developing the economy in various countries.

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