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Energy bridge to South Korea through the DPRK: prospects for the project
Alexander Galushka, Minister of the Russian Federation for the Development of the Far East, held a business meeting with the General Director of the South Korean corporation K-Water Choi Ge-Woon and the General Director of JSC RusHydro Evgeny Dod.
At the meeting, prospects for international cooperation in the field of energy were discussed.
One of the outcomes of the talks was an agreement between the parties to start work on a feasibility study for an "energy bridge" project to South Korea through the DPRK. Alexander Galushka is convinced that "The development of mutually beneficial economic cooperation between the three countries will contribute, inter alia, to the strengthening of peace, security and stability on the Korean Peninsula", - the official website of the Ministry for the Development of the Far East.
As the Minister noted, with the mediation of Russia, direct participation in the project of North Korea is also expected: "The North Korean partners supported the fact that the Russian side, including RusHydro, will negotiate with South Korean partners on the implementation of trilateral projects.".
Interfax reports with reference to the Minister's words that the timing of the start of the construction of the "energy bridge" is still unknown, since South Korea has not yet made its decision. “This is a trilateral project. And when it is tripartite, it can be realized only when there is interest, economic benefit and goodwill of the three parties. Not just two", - said Alexander Galushka.