5th Rason International Trade Exhibition (RITE, August, 2015) 1/10

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• published: 05 May 2016
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Learn more at http://paektuculturalexchange.org ▻ Find out what it's like to participate in a North Korean (DPRK) trade exhibition. KOREAN / ENGLISH WRITING TRANSLATION OF VIDEO CONTENT: 체력증진회사 / Physical Fitness Company 정향복합균 발효음료 / Fermented beverage derived from complex dried Clove Bacteria 영양가 / Nutritious 칼시음 키크기 최고 / Calcium is the best for Growing Taller! ===================== ABOUT THIS VIDEO This is a series of 10 video clips recorded at the 5th Rason International Trade Exhibition (RITE), which was held in the Rason Special Economic Zone (SEZ) from August 17th to 21st 2015. Despite being a trade fair many exhibitors from China and overseas use this opportunity to sell products and merchandise directly to the local North Korean people. This operates very similar to a local market or ’Jangmadang’ (장마당) where goods are bought, sold and bargained for. About The Rason International Trade Exhibition (RITE) This annual trade and investment event allows both North Korean and international businesses to promote and sell various products such as medicine, medicinal products & equipment, electronics, services, light industry products, housewares, processed seafood, agricultural products, and locally produced food, beverages and traditional alcohols. About the Rason Special Economic Zone The Rason Special Economic Zone, earlier called the Rajin-Sonbong Economic Special Zone, was established in the early 1990s by the North Korean government near Rason to promote economic growth through foreign investment and trade. The concept similar to the Special Economic Zones set up by the People's Republic of China in the late 1970’s and 1980’s to pilot market economics business and investment projects in a designated controlled area. It is located in the Northeast corner of Korea bordering both China and Russia and acts as an ice-free port for all three countries. The Rason SEZ offers tax and business incentives to attract foreign investment and promote trade. ===================== LEARN MORE ABOUT PAEKTU CULTURAL EXCHANGE: Follow us on Twitter https://twitter.com/mpspavor Like us on Facebook: https://www.facebook.com/PaektuCulturalExchange PCE in the NEWS: http://paektuculturalexchange.org/dprk-analysis/ About PCE: http://paektuculturalexchange.org/about-pce/ Google +: https://plus.google.com/+PaektuculturalexchangeOrgAgency Join us on a delegation or exchange to North Korea (DPRK): http://paektuculturalexchange.org/dprk-2016-delegations/# ===================== QUESTIONS, IDEAS OR MEDIA INQUIRES: mailto:contact@paektuculturalexchange.org ===================== Thank you for watching! If you liked this video click "I like it" or subscribe for upcoming videos on DPRK culture, business, and entertainment. :)