Pyongyang will host an international wrestling event this summer that's being organized jointly by none other than lawmaker Antonio Inoki, official North Korean media reported Monday.

The Pyongyang International Pro-Wrestling Contest, scheduled for late August, will see wrestlers from several countries enter the ring, including those from Japan and the United States, the Korean Central News Agency said.

Inoki, who has since retired from professional wrestling and is now a member of the House of Councilors with Nippon Ishin no Kai (Japan Restoration Party), is co-chairing the event's organizing committee, KCNA said.

Inoki has visited North Korea several times to promote sports exchanges, and helped organize a similar wrestling event in Pyongyang in 1995.

KCNA said the new competition is being planned "in the idea of independence, peace and friendship."