North Korea to cooperate with Fujian shoe enterprise

22/11/2004

Following visits organised between a Fujian shoe enterprise delegation and North Korean companies, an agreement has been signed that will lead the way to more cooperation between the shoe industries of the two countries. 

 

Fujian’s shoe enterprise delegation first visited North Korea in August this year, to evaluate and gain an insight into the market. This was deemed a great success as it created interest from North Korean companies.

 

According to the China Leather Industry Association (CLIA), as a result of this visit, three representatives from North Korean companies visited Fujian in October and began conducting business with a local shoe factory. An initial agreement was also signed, setting out plans to build a factory in Fujian to produce EVA sandals.

 

According to officials this is only the beginning, as further cooperation is envisaged. In fact, according to the local government, North Korea has already agreed to cooperate on a further two projects in the province.