Russia Negotiating Deals to Provide
Electricity to Both Koreas
Nov 13, 2006 - BBC Monitoring, Choson Ilbo website,
Seoul
Russia has been negotiating deals to provide electricity
to South and North Korea. According to a Russian official,
the two energy projects are being proposed by the
Far Eastern department of Russia's electricity monopoly
Unified Energy Systems (UES).
The projects are to help meet the North's demand
for much-needed electricity to bolster its sagging
economy while at the same time provide South Korea
with power for its bustling economy.
The UES believes the project may also introduce a
certain amount of stability on the Korean Peninsula
as it brings the two Koreas together under a same
goal.
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Updated: 2007/09/25
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