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Russia and South Korea is expected to open gas pipeline in 2017

Russian President Dmitry Medvedev 2,, in st. Petersburg met with visiting South Korean President Lee Myung-bak, both sides mainly discusseed the two countries in strengthening economic, trade and military technology and the nuclear cooperation. After the meeting , Russia announced that Russia is expected to begin from 2017 through the pipes to the South Korea natural gas exports.
Medvedev and President lee is focused on the Korean peninsula and the situation as soon as possible to restart the six-party talks. Russian President assistant PuLiHuoJiKe previously to the media, said this August north Korean leader Kim jong-il visited Russia said during the unconditional return to the six-party talks, and the parties shall take the opportunity to restart the six-party talks as soon as possible.
Both South Korea and the President also discussed how to strengthen bilateral economic and trade cooperation, especially push Russia, South Korea and north Korea 3 nations involved in the project development. Both sides thought three countries can work involved in the project will include the Korean peninsula and across Siberia big railway railway link, laid to South Korea from Russia transit north Korea natural gas pipeline from Russia and north Korea to South Korea export transit electricity, etc.
This is Lee Myung-bak was elected President in 2007 after a third visit to Russia. Both South Korea and Russia are in investment, trade, energy, military technical cooperation, spaceflight field kept close cooperation. Between the two countries in recent years of investment and economic and trade cooperation maintained rapid growth. Last year  South Korea investmentin Russia's $2.6  billion , up to 30%. This first 8 months of this year both trade amounted to us $16 billion, than last year the corresponding period grows nearly 50%.



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