April 24, 2015 12:32
Russia is interested in participating in the joint Korean Kaesong Industrial Complex, said Russian ambassador to Seoul Alexander Timonin on Thursday.
He said "many possible projects in Kaesong are under discussion, one of which is a food production project proposed by ethnic Koreans living in Russia."
This was the first time a Russian official has officially expressed interest in the Kaesong industrial park, home to 124 South Korean businesses.
Since the Park Geun-hye administration's inauguration, the Unification Ministry has been focusing on luring foreign investors to the Kaesong industrial park, believing it would prevent North Korea from taking unilateral actions thus creating some stability there.
For Russia to participate in the Kaesong complex, South Korea needs to partially lift sanctions it placed on the North after it sank the Navy corvette Cheonan in 2010. It is still unclear whether Seoul will do so or not.
Meanwhile, Timonin said North Korean leader Kim Jong-un will likely have a summit with President Vladimir Putin on the sidelines of the World War II victory celebrations in Moscow on May 9.
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