Russia, South Korea welcome continued nuclear dialogue on Korea peninsula

Following an official visit to Russia by South Korea's Minister of Foreign Affairs and Trade Yun Yong-kwan over November 16-18, the Russian foreign ministry has issued a relevant statement. Russia and South Korea welcome prospects for continued nuclear dialogue on the Korea peninsula, voting for a peaceful settlement, the peninsula's nuclear-free status and security guarantees for all the states here. The negotiators dwelt at length on Russian-Korean relations, the situation on the Korea peninsula and international problems of mutual interest.

The participants noted the intensive development of bilateral political dialogue and expressed readiness to continue policies consolidating constructive partnership between the two countries.

Regarding economic cooperation, encouragement was given to major joint projects, including the gas one, the reconstruction of the trans-Korea railway and its linking with the trans-Siberian railway.

Moscow is also banking on Korea's wider investment in Russia who, for its part, "is ready to take further steps to impart a long-term wide-scale scope to economic bonds with the Republic of Korea", says the document.