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Kim Jong-un builds bond with Putin: $250M Russia-backed addition to key port opens

Kim Jong-un and Russian Vladimir Putin strengthened economic ties Friday by opening a $250 million Russian-funded addition to the port of Rajin in northeast North Korean.

“The successful reconstruction of the Rajin-Khasan railway section and the completion of Wharf No. 3 of Rajin Port are precious products of the vitality of the Moscow Declaration signed by leader Kim Jong Il and President V. [Putin]”, said Jon Kil Su, minister of Railways for North Korea, during the opening ceremony, the North Korean watchdog NKnews.org reported Thursday.

The port is important to Russia because it is the furthest northern ice free port in the region, the website reported. It also is capable of transferring 5 million tons of freight per year.

 

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