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Russia, North Korea Strike Deal: Improved Railway for Mineral Resources

A senior Russian official said Russia and North Korea are expanding economic ties through a rare joint project that would overhaul the North’s railway system. Recently, the two countries reached a deal that calls for Russia to improve North Korea’s railway network in return for access to the North’s mineral resources. According to press reports, Moscow plans to put $25 billion into modernizing more than 3,000 kilometers of the North’s railroads over 20 years. “The railway...

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