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South Korea speaks for trilateral projects with Russia, North Korea

Economy

The Republic of Korea speaks in favor of promoting trilateral projects involving Russia and North Korea, Russian Deputy Prime Minister Yury Trutnev said on Tuesday at a business forum underway in Seoul.
“Problems of trilateral relations are raised at virtually every meeting,” he said. “South Korean representatives say they will be grateful if the Russian Federation helps organize trilateral projects, helps establish cooperation embracing the DPRK and the Republic of Korea because it’s not only the economy, it also means of stability in this part of the planet.”
He stressed the expansive interest in cooperation with Russia shown by South Korean businesses, recalling the presence of more than 600 South Korean companies on the Russian market at present.
“People have genuine interests in the prospects for our cooperation,” Trutnev said. “It’s important for them to know the Russian government has made development of the Far East a national priority and the areas of sped-up development are being created there.”"Also, we attach significance to trilateral cooperation with the Democratic People's Republic of Korea," Trutnev said. He recalled in this context that development of Far-Eastern areas was a priority for the Russian government.

He said South Koreans are eager to know where these areas will be located.
Apart from Trutnev, who is also the Russian President's plenipotentiary representative in the Far Eastern Federal District of Russia, the forum titled 'Invest in the Far East' is attended by governors of Far-Eastern territories and regions and more than a hundred business executives.
According to the organizers, the goal of the gathering is to tap promising areas for Russian-South Korean cooperation.

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