N.Korea, Russia to Cooperate in Large-Scale Projects

      February 18, 2014 12:14

      North Korea and Russia agreed to expand economic cooperation in large-scale projects such as coal, railroad, and transportation. North Korean Ambassador to Russia Kim Yong-jae made the announcement to Russia's ITAR-TASS news agency.

      The North plans to expand joint ventures with Russia in the ongoing modernization drive in the Rajin-Sonbong region and other large-scale projects, it quoted Kim as saying last Friday.

      Currently, Russian engineers are refitting facilities at Rajin Port as a container terminal. Russia is also reportedly considering exporting refined crude oil produced in its Far Eastern region through the port.

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