N. Korea opens annual trade fair amid sanctions

North Korea inaugurated its 18th Pyongyang Autumn International Trade Fair in the capital Pyongyang on Monday, according to state media. The event, themed 'Common development and prosperity', aimed to generate foreign revenue despite ongoing international sanctions. Over 130 companies from North Korea, China, Mongolia, Bangladesh and Thailand participated, exhibiting more than 10,000 products ranging from electronics and machinery to medicines, building materials and foodstuffs, reported the Korean Central News Agency (KCNA).

External Economic Relations Minister Yun Jong-ho inaugurated the fair along with other officials and exhibitors. In his opening address, Yun emphasized the country's commitment to expanding external economic ties with global partners, advocating for 'complete equality and reciprocity'. North Korea traditionally holds trade fairs in both spring and autumn to solicit foreign investment and stimulate trade, despite the economic pressures from sanctions.