Present at the opening ceremony were Vice-Premier Ro Tu Chol, Minister of External Economic Relations Ri Ryong Nam, Vice-Chairman of the Pyongyang City People's Committee Kim In Chol, officials in the field of economy and trade, delegations of different countries and regions, foreign diplomatic envoys and staff members of their embassies here.

Pak Ung Sik, director of the Korean International Exhibition Corporation, made an opening address which was followed by a congratulatory speech by O Ryong Chol, vice-minister of External Economic Relations.

Speakers said the trade fair would offer a good opportunity for promoting friendship and cooperation among countries and boosting the economic development and scientific and technological exchange.

They noted that the participants will witness achievements made by the Korean people in the struggle for building a socialist economic power and improving the people's living standard under the leadership of Marshal Kim Jong Un.

They expressed the will to expand the economic relations with different countries of the world and steadily develop bilateral and multilateral cooperation in various fields including trade, investment and finance.

At the end of the ceremony the participants looked round products presented by companies of the DPRK, Germany, Romania, Malaysia, Mongolia, Switzerland, Singapore, China, Italy, Indonesia, Vietnam, Poland and Taipei of China.

The fair will last until Thursday.