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Sunday, December 10, 2017

Belarus open to trade with North Korea

Belarus First Vice Premier Vasily Matyushevsky

Belarus First Vice Premier Vasily Matyushevsky discussed export possibilities during a meeting Monday with North Korea Foreign Minister Ri Su-yong.

Matyushevsky said products that Belarus could export include petrochemicals and engineering products. The ties between North Korea and Belarus have potential, Matyushevsky said.

“One of Belarus’ traditional priorities is the development of mutually beneficial trade and economic cooperation,” Matyushevsky said.

A delegation from the Democratic People's Republic of Korea is scheduled to visit Belarus enterprises that include the mechanical engineering firm Amkodor, the Minsk Automobile Plant and the Minsk Tractor Works.

Matyushevsky said the visit by the North Korean delegation opens the impetus for bilateral relations development.

The United Nations and the U.S. have active sanctions against North Korea in regard to the development of the nuclear arms programs. The sanctions prohibit the export of equipment and technology that could be utilized in nuclear weapons development and luxury goods to the country.

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