April 20, 2024
News

Seoul, Russia propose economic cooperation with North Korea in Far East

Pyongyang says it is "not opposed" to the idea, but insists timing is not appropriate

South Korea's Ministry of Unification (MOU) on Friday said that it will be pursuing trilateral economic cooperation with Moscow and Pyongyang in Russia's Far East, while stressing that any project would not impune on international sanctions against the DPRK.

“[The new policy] is a project that can contribute to the realizing a new economy map of the Korean peninsula,  aims to expand the territory of our economy by connecting the continent, South and North Korea, and to create an economic cooperation community in northeast Asia," Lee Eugene, deputy spokesperson for the unification ministry, told media during a regular news briefing.

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