Russia may reduce presence on EU energy markets in next 20 yearsBusiness & Economy June 29, 8:48
Top military brass baffled by UK defense chief’s remarks about Russian warshipRussian Politics & Diplomacy June 29, 8:20
FIFA president lauds Confederations Cup semi-final match as incredibleSport June 29, 7:38
Chile edges Portugal with 3-0 penalty shootout win for 2017 FIFA Confederations Cup finalSport June 29, 1:38
Telegram included in register of Internet information distributorsBusiness & Economy June 28, 20:56
Putin points to growing activities of foreign secret services against RussiaRussian Politics & Diplomacy June 28, 20:36
FIFA chief Infantino to attend Chile-Portugal 2017 Confederations Cup semis match in KazanSport June 28, 20:27
Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
Top diplomat says Germany willing to open new chapter in relations with RussiaWorld June 28, 19:28
MOSCOW, November 15. /TASS/. The North Korean diplomacy is getting increasingly active on the Russian track again. For a third time this year, the Democratic People's Republic of Korea is sending a senior envoy to Moscow. A member of the Politburo Presidium and Secretariat of the Workers’ Party of Korea Choe Ryong-hae is beginning a seven-day visit to Russia on Monday.
Last February, Russia welcomed the Chairman of the Presidium of the Supreme People’s Assembly Kim Yong-nam and last October (after a four-year-old pause), Foreign Minister Ri Su-yong.
Russia’s Deputy Foreign Minister Sergey Ryabkov has specified the details of Choe’s visit to Russia.
“There will be three sets of issues on the agenda, as far as I understand,” he said. “Firstly, the nuclear program. To be more precise, the outlook for denuclearization of the Korean Peninsula. Secondly, security in the north-east of Asia in the broader context, because there are quite a few problems. Besides, there is the topic of bilateral relations between Moscow and Pyongyang, which, as far as I understand, have gained certain momentum of late.”
Russian-North Korean relations, in particular, their trading and economic segment, acquired a new dimension over the past few months. Russia has written off North Korea’s debt and there are plans for building up bilateral trade to a level of $1 billion by 2020. This figure may look overstated at first sight, but the expected value of Russian companies’ projects in North Korea is several-fold greater. The Pobeda (Victory) project for the upgrade of North Korean railways by a group of investors from Russia in exchange for access to that country’s natural resources is estimated at $25 billion. Also on the agenda are specific joint plans for projects in energy and agriculture.
Also, two parties have begun mutual settlements in the Russian ruble. A Business Council will be established within the framework of the inter-government commission.
However, as the Russian Foreign Ministry said, the unsettled nuclear problem of North Korea remains a brake on cooperation.
The outlook for a resumption of six-party talks on this topic is an acute issue requiring a frank discussion, Moscow believes.