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| China-Japan-Koreas |
| Russian-North Korea projects foundering because of missile tests |
| 2017-09-06 |
| [Rooters] Commercial ventures planned between Russia and North Korea three years ago are not being implemented because of Pyongyang’s missile testing program, the Minister for the Development of the Russian Far East, Alexander Galushka, said. Russia has been under international scrutiny over North Korea because it has taken a more doveish approach to Pyongyang than Washington, and Russian trade with North Korea increased sharply at the start of this year. The United States government earlier this month imposed new North Korea-related sanctions that targeted Russian firms and individuals for, it alleged, supporting Pyongyang’s weapons programs and providing oil. However Galushka, in an interview with Reuters, said Moscow was faithfully implementing the international sanctions regime on North Korea, and held up the stalled bilateral projects as an indication that Pyongyang was paying an economic price for its weapons program. “Russia has not violated, does not violate and will not work outside the framework (of the resolution) that was accepted by the U.N. Security Council,” said Galushka, who also heads a Russia-North Korean Intergovernmental Commission. Russian businesses discussed a number of projects with North Korea in 2014. But then North Korea conducted military tests, including some involving nuclear weapons, and the projects became difficult to implement, Galushka said. One such project, called “Pobeda”, or “Victory,” would have involved Russian investments and supplies that could be exchanged for access to Korean natural resources. |
| Posted by:Pappy |
| #3 Vlad just doesn't feel the investment is worth it to save a Chinese puppet state... Sanctions, We don't worry about no steenking sanctions!--Vlad (paraphrasing the old movie line) |
| Posted by: magpie 2017-09-06 14:54 |
| #2 It started three years ago. The sanctions didn't happen until recently. Who was President three years ago? As far as "washing money", that makes no sense. |
| Posted by: Pappy 2017-09-06 11:52 |
| #1 Great note Pappy, thanks. Seems the US is washing money thru NKor to Russia. |
| Posted by: Skidmark 2017-09-06 01:21 |