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(2nd LD) N. Korea, Russia sign economic cooperation agreement

All Headlines 22:58 April 28, 2014

(ATTN: CORRECTS typo in 5th para)

SEOUL, April 28 (Yonhap) -- North Korea and Russia signed an economic cooperation agreement on Monday, Pyongyang's state news agency reported, as part of the two countries' recent moves to strengthen bilateral relations.

"An agreement on trade and economic cooperation was signed between the DPRK ministry of Foreign Trade and the Amur Regional Government of the Russian Federation," said the Korean Central News Agency (KCNA).

The KCNA did not give any further details on the pact.

The DPRK stands for the Democratic People's Republic of Korea, the official name of North Korea.

The bilateral agreement came after Russian Deputy Prime Minister Yuri Trutnev visited Pyongyang in a series of exchange visits of high-level officials between the two countries.

Trutnev, who is also President Vladimir Putin's envoy to Russia's Far East, met with Ro Tu-chol, vice-premier of the DPRK cabinet, according to the KCNA in a separate report.

"At the talks both sides exchanged views on the issue of boosting the economic and cooperative relations between the two countries and other issues of mutual concern," said the KCNA.

In September, a 54-kilometer, double-track rail link reopened between Rason, in North Korea's northern tip, and the nearby Russian town of Khasan after several years of renovation.

In February, North Korea's octogenarian ceremonial head of state, Kim Yong-nam, attended the opening ceremony of the Sochi Winter Olympics.


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