October 31, 2020

Russia and North Korea deepen ties

DPRK and Russia announce a raft of new of measures to facilitate investment projects

North Korea and Russia announced a set of measures to facilitate trade and cooperation following an intergovernmental commission held near Vladivostok on Thursday, according to Interfax News Agency.

Russia's Far East Development Minister Alexander Galushka said that the two countries had agreed to switch settlements in roubles and that Russian investors working on DPRK projects would benefit from exclusive terms.