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Russian delegation to look to energy cooperation with North Korea

December 10, 2015, 5:40 UTC+3 PYONGYANG
The two countries plan to sign an agreement on electric power during the two-day visit
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PYONGYANG, December 10. /TASS/. A Russian delegation headed by Deputy Energy Minister Anton Inyutsyn arrives in North Korea’s capital on Thursday to look to collaboration in energy between Russia and North Korea.

The two countries plan to sign an agreement on electric power during the two-day visit, TASS was told at Russia’s embassy in Pyongyang.

The Russian government approved the document and a relevant resolution signed by Prime Minister Dmitry Medvedev was put on the governmental website.

"In compliance with Item 1 of Article 11 of the federal law ‘On International Treaties of the Russian Federation,’ a draft agreement on cooperation in electric power between the governments of the Russian Federation and Democratic People’s Republic of Korea (DPRK), which was submitted by Russia’s Energy Ministry and agreed with Foreign Ministry and other federal governmental agencies concerned, should be approved," the resolution said.

Medvedev has ordered the Energy Ministry to hold negotiations with North Korea and sign the draft agreement.

Energy has been in the focus of North Korea for long but it still remains ‘the weakest link’ in the country’s economy as fields of crude oil, coal or natural gas were not found there.

In 2015 the partnership of the two countries has been developing in many spheres as the year was announced the Year of Friendship. In particular, parliamentary, governmental and other official delegations exchanged visits along with contacts among cultural, sport, youth and public organisations.

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