The recently announced economic cooperation between Belarus and North Korea is likely to focus on the agricultural sector, a source within the Belarusian government told NK News.
“They are interested in our agricultural products,” the source said, referring to foodstuffs produced within Belarus.
The source’s comments followed a visit by North Korean Foreign Minister Ri Su Yong to Minsk, where he met with his Belarusian counterpart Vladimir Makei.
Ri also met with Belarusian Premier Andrei Kobyakov, Deputy Prime Minister Vasily Matyushevski as well as with Trade Minister Valentin Chekanov, information from the Belarusian Foreign Ministry noted.
Representatives from each side also agreed to expand their political and economic cooperation as well as trade, reports stated.
North Korea has also expressed interest in Belarus’ vehicle sector, and Ri visited auto as well as tractor factories in the country, the government official added.
Visits occurred at the Minsk Automobile Plant, Minsk Tractor Works and mechanical engineering company Amkodor, a March 9 report from the state-owned Belarusian Telegraph Agency stated.
Neither side signed any sort of agreements on the delivery of any materials or supplies, however, and the government official noted that Ri’s visit was more political in nature than economic.
The visiting delegation also did not express any interest in Belarus’ potash sector and did not visit any assets connected with that sector, sources told NK News.
Potash plays a major role in Belarus’ economy, and the company’s main asset is the Belaruskali plant at Soligorsk, about 65 kilometers south of Minsk.
The dissolution of a joint venture in 2013 between Belaruskali and Russia’s Uralkali for the sale and distribution of potash has also prompted the Belarusian company to start developing its own client base.
Potash serves as feedstock for fertilizer production, from which North Korea has experienced shortages.
Featured image: Ray Cunningham
Join the influential community of members who rely on NK News original news and in-depth reporting.
Subscribe to read the remaining 302 words of this article.