Report: Russia to reduce economic ties with North Korea in 2018 - Politics & Economy - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: Russia to reduce economic ties with North Korea in 2018

MOSCOW, Feb 8 (PRIME) -- Moscow will continue scaling down its economic ties with Pyongyang in 2018, Russian ambassador to North Korea Alexander Matsegora said in an interview with Rossiya 24 television channel on Thursday.

УUnfortunately, there is a process of contraction of our contacts in most economic spheres. I am afraid that the process may continue this year,Ф he said.

Matsegora also said that Russia sells only goods permitted by U.N. resolutions to North Korea.

УThe sanctions of the U.N. Security Council do not prohibit trade with North Korea. They have of course limited the product range and restricted legal payment possibilities, but trade is not prohibited,Ф he said.

In August 2017, the U.N. Security Council expanded sanctions against North Korea in response to new ballistic missile tests. The resolution bans exports of iron, iron ore, lead, coal and seafood from the country, and freezes its Foreign Trade BankТs accounts.

End

08.02.2018 13:11
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.2325 -1.4194 15 aug
USD 66.7535 -1.4699 15 aug
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1077.42 +1.67 16:19 14 aug
micex 2278.33 -0.32 16:19 14 aug
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 140.62 -1.60 16:03 14 aug
lkoh 4481.50 -1.31 16:02 14 aug
rosn 433.00 -0.96 16:03 14 aug
sber 192.00 +1.05 16:03 14 aug
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.8750 -1.5000 14:59 14 aug
USDTD 67.7050 +0.5150 17:44 14 aug