Russia and North Korea keep getting closer.

Russia Found A New Business Friend

BY ELENA HOLODNY

The two nations will set up a bilateral business council, which will "improve the interaction of North Korean and Russian business communities," the vice president of the Russian Chamber of Commerce and Industry Vladimir Strashko said at a conference chaired by the head of Russia's Ministry for the Development of the Far East, according to RIA Novosti.

They "will create the Business Council for the most comfortable collaboration and cooperation of the North Korean and Russian business communities as early as next week," Strashko said.

North Korea and Russia reportedly "achieved results in extremely complicated bilateral issues": North Korea has begun to issue multi-entry visas to Russian citizens, the first round of ruble settlements have been done, and negotiations are underway on the North Korean government's formation of a special body to supervise joint projects with Russia, according to RIA Novosti.

The big takeaway here is that Russia and North Korea are increasingly strengthening their relationship.

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