POST Online Media Lite Edition


Russia sets up Business Council for North Korea Cooperation

Staff writer |
Russia has set up a Business Council for Cooperation with North Korea to ensure interaction between the business communities, Russian Commerce and Industry Chamber Vice-President Vladimir Strashko said at the council's founding meeting.

Article continues below

The Business Council will assist Russian companies in searching for business partners in North Korea and elaborate specific trade and investment projects and arrange exhibition events, business meetings and congresses, he said.

"This is undoubtedly a new stage of business cooperation between Russia and North Korea, which will significantly strengthen trade and economic relations between the two countries," Strashko said.

The Business Council was established with the active participation of the Russian Chamber of Commerce and industry, the Foreign Ministry, the Economic Development Ministry, the Ministry for Far East Development and Russia's embassy in North Korea.

What to read next

Russia, North Korea sign labor immigration accord
Russia suspends joint projects with North Korea
Moscow rejects cutting off North Korea from Russian oil supplies