South Korea's Chosun Ilbo reported on Friday, 20 May 2011 (KST), North Korea and China are poised to start development work on two joint projects in the border areas. A construction project of developing an island called Hwanggumpyong, located a little less than 10 miles east of Dandong, China, on the Yalu River, will start on May 28, and construction of roads connecting Hunchun in China and Rajin-Sonbong in North Korea on May 30. High-ranking officials from both countries will visit Dandong and Rajin-Sonbong to launch the projects. According to a North Korean source, Chinese Commerce Minister Chen Deming and Jang Song-taek, the brother-in-law of North Korean leader Kim Jong-il and vice chairman of the National Defense Commission, are likely to attend both events. There is even speculation that Chinese Vice President Xi Jinping, widely tipped as the next president, and Vice Premier Wang Qishan will also attend.
I've posted a background paper on the Tuman Area Economic Development Project on this blog in January of 2010, and you can read the full paper here.
Here are also some of the latest news articles on this subject:
N.Korea, China to Launch Joint Economic Projects
N.Korea to Develop Special Economic Zone on Chinese Border
Chinese Businesses Pour into N.Korea's Rajin-Songbong
N.Korea's Cross-Border Business with China Picking Up
On a separate but related news, apparently, according to an Interfax News Agency report, a delegation of Russian officials has agreed to send 50,000 tons of grain to North Korea following wide-ranging discussion on relations between the two countries (I have not been able to locate the actual Interfax report. The Chosun Ilbo is the source of my information here). The Russian delegation, led by Mikhail Fradkov, the director of Russia's intelligence agency, the Foreign Intelligence Service, apparently held a meeting with Kim Jong-il recently during which they discussed not only aid, but also economic projects and North Korea's nuclear weapons. Apparently, the report cites a Russian diplomatic source as saying that the conversation dealt with economic development in the far north of North Korea, notable a train connection (which has been discussed in the past as a part of the Tuman Area Economic Development Project) and the issue of a long-mooted gas pipeline connecting Russia with South Korea.
Showing posts with label Rason. Show all posts
Showing posts with label Rason. Show all posts
Friday, May 20, 2011
Wednesday, June 23, 2010
The Greater Tumen Area Economic Project on the Move
It seems China and North Korea has moved forward on one of their economic venture. Japan's Kyodo World Service reported today China has completed the repair of the bridge in Hunchun at the Sino-North Korean border over the Tuman River, giving China a safer access to North Korea to reach Rajin Port. The report also says the Chinese government has approved a plan to transport coal and other items produced in Jilin, China, to Shanghai via Rajin, North Korea, in April this year.
Despite the Cheonan incident and continued North Korean temper tantrums, it appears the Sino-North Korean Tumen area project continues to roll.
Here's the entire Kyodo World Service report:
Yanji, China - China has repaired a bridge in Hunchun at the Chinese and North Korean border, giving it a safer access to North Korea for use of Rajin port to ship coal to Shanghai, according to Jilin Province officials.
China paid 3.6 million yuan ($528,526) to repair the bridge over the TUmen River, a project jointly pursued with North Korea, the officials said Tuesday.
Work was completed June 14.
The bridge serves as a gateway to Pier No. 1 at Rajin port, which a Chinese company has obtained the right to use for 10 years.
In April, the Chinese government approved a plan to transport coal and other items produced in Jilin to Shanghai via Rajin in northeastern North Korea.
China and North Korea have been in talks about financing of a plan to build a 50-kilometer road leading to the port, the officials said.
Despite the Cheonan incident and continued North Korean temper tantrums, it appears the Sino-North Korean Tumen area project continues to roll.
Here's the entire Kyodo World Service report:
Yanji, China - China has repaired a bridge in Hunchun at the Chinese and North Korean border, giving it a safer access to North Korea for use of Rajin port to ship coal to Shanghai, according to Jilin Province officials.
China paid 3.6 million yuan ($528,526) to repair the bridge over the TUmen River, a project jointly pursued with North Korea, the officials said Tuesday.
Work was completed June 14.
The bridge serves as a gateway to Pier No. 1 at Rajin port, which a Chinese company has obtained the right to use for 10 years.
In April, the Chinese government approved a plan to transport coal and other items produced in Jilin to Shanghai via Rajin in northeastern North Korea.
China and North Korea have been in talks about financing of a plan to build a 50-kilometer road leading to the port, the officials said.
Thursday, March 18, 2010
Comparison of Law on Rason Economic Trade Zone Before and After Revision
Yonhap News Agency originally ran this on March 14 on its Korean website.
Click on the images below for a larger view of the comparison table.
Click on the images below for a larger view of the comparison table.
Subscribe to:
Posts (Atom)