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S. Korea reaffirms commitment to Eurasia Initiative

All News 16:29 March 10, 2016

SEOUL, March 10 (Yonhap) -- South Korea said Thursday it remains committed to expanding infrastructure links across Asia and Europe under its Eurasia Initiative even though it has suspended a key logistics project involving North Korea and Russia.

The Eurasia Initiative is a key part of President Park Geun-hye's foreign policy agenda under which countries in Asia and Europe would draw closer together through increased rail and other infrastructure links.

Skepticism over the initiative has grown since South Korea halted a trilateral logistics project involving the North and Russia as part of unilateral sanctions punishing Pyongyang for its recent nuclear and missile tests.

"The Eurasia Initiative aims to increase connectivity across Eurasia over the mid- to long-term, and promote regional economic development and peace," Cho June-hyuck, a spokesman of the Foreign Ministry, said during a regular press briefing. "We are steadily moving toward that goal through various relevant projects."

Such projects include last year's Eurasia Express train expedition, which took participants from South Korea to Berlin via Russia and other countries, as well as various culture and transport forums scheduled for later this year, Cho said.

Many leaders of countries in the region, including China, Russia and the Central Asian states, have expressed their support for the initiative, he added.


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