Copyright © 2021 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

Russia supplying North Korea with ever more coal and oil, Moscow business paper says

Kim Jong Un, the "Supreme Leader" of North Korea, supervises the April 22 test-launch of a missile from a submerged platform. (Image source: KCNA)
Kim Jong Un, the “Supreme Leader” of North Korea, supervises the April 22 test-launch of a missile from a submerged platform. (Image source: KCNA)
Edited by: A. N.

In the face of Western efforts to isolate North Korea, Russia has almost doubled its sales of coal and oil to Pyongyang during the first quarter of this year compared to the last quarter of 2016, delivering 26.7 million US dollars’ worth of coal and 1.2 million dollars’ worth of oil, according to Moscow’s Birzhevoy lider.

The business paper points out that, media claims notwithstanding, these sales do not violate the international sanctions regime because oil is not on the list of goods not to be sold to North Korea but does say that Pyongyang is not able to pay for these deliveries out of current accounts.

During the first quarter of this year, the paper continues, North Korea sold Russia goods totaling only 420,000 US dollars. Most of these were either musical instruments or chemical products.

Last week, Russia began direct cargo and passenger shipping between Vladivostok and a North Korean port (for more info see “Russia opens shipping route between Vladivostok and North Korea.”).


 

Edited by: A. N.
You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!
Total
0
Shares
Related Posts