Present at the signing ceremony from the DPRK side were Kim Yong Nam, Presidium member of the Political Bureau of the Central Committee of the Workers' Party of Korea and president of the Presidium of the DPRK Supreme People's Assembly, Kim Yong Il, alternate Politburo member and secretary of the C.C., WPK, Ju Yong Sik, chief secretary of the Jagang Provincial Committee of the WPK, Kim Song Nam, vice department director of the C.C., the WPK, Kim Song Gi, vice-minister of Foreign Affairs, Ku Pon Thae, vice-minister of Foreign Trade, and officials concerned.

Present from the Chinese side were Zhou Yongkang, member of the Standing Committee of the Political Bureau of the Central Committee and secretary of the Central Commission of Politics and Law of the Communist Party of China, Wang Jiarui, head of the International Liaison Department of the C.C., the CPC, Sun Zhengcai, secretary of the Jilin Provincial Committee of the CPC, Liu Hongcai, Chinese ambassador to the DPRK, Liu Jieyi, deputy head of the International Liaison Department of the C.C., the CPC, Qiu Yuanping, deputy director of the Foreign Affairs Office of the C..C. the CPC, Zhang Zhijun, vice-minister of Foreign Affairs, Chen Jian, vice-minister of Commerce, Chen Xi, deputy secretary of the Liaoning Provincial Committee of the CPC, and Du Yuxin, deputy secretary of the Heilongjiang Provincial Committee of the CPC.

The agreement was inked by Ku Pon Thae and Chen Jian.