Russia proposes to link Seoul to Europe by rail

During his official visit to Seoul, Russian president Vladimir Putin introduced the idea of linking South Korean capital to Europe by train. This project would involve going through North Korea.

The president proposed the creation of an intergovernmental company held by Russia (36%), South-Korea (34%) and North-Korea (30%). POSCO, Korail and Hyundai Merchant Marine could possibly take part, despite the current trade ban with North-Korea.

Russia intends to expand the ’’Silk Road’’ across Korea. Since the end of September, Russia has connected the Transiberian train to the North Korean harbour of Rason.

Source Article from http://www.voltairenet.org/article181072.html

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