June 17, 2021

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Russia signs economic development protocol with North Korea

Moscow also says future trade with North Korea will also be conducted in Rubles

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 Ryong Nam following a five day Russian delegation visit to the Rason Sonbong area.