Russia signs economic development protocol with North Korea

Moscow also says future trade with North Korea will also be conducted in Rubles
April 3rd, 2014
3

North Korea and Russia on Friday strengthened ties by signing an economic development protocol agreement with the aim of increasing annual bilateral trade to $1 billion by the year 2020.

The protocol was co-signed by the Minister for Development of the Russian Far East Alexander Galushka and the North Korean Minister of Foreign Trade Ri

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About the Author

Kang Tae-jun

Tae-jun Kang is the NK News East Asia Correspondent and is based in Hong Kong. Prior to writing, he worked as a riot police officer in South Korea for two years. He can be reached at [email protected] or @taejun_kang on twitter.

Join the discussion

  • Truman Golden

    Good for russia

  • evader2014

    “contempt to international laws”

    That’s the US, Petrov, you CIA flunkey.

    • Xavier

      look, one thing you have to realize is that most powerful states ignore international laws when it’s in their self-interest to do so. The US does it, and so do Russia and China. But Russia and China are both more egregious offenders of international laws, as Russia’s recent annexation of Ukraine and China’s conduct in the South China Sea and contempt of human rights norms show.