SEOUL (Reuters) – Progress in speaks to get rid of North Korea’s nuclear programs can help a south state that is korean exploit vast mineral deposits in North Korea that would be well worth significantly more than $2 trillion, a high official stated on Tuesday.
Impoverished North Korea is mineral rich. It, nevertheless, does not have the technology, gear and infrastructure to exploit its vast reserves of minerals such as for example iron ore, magnesite and copper.
“I think that mineral development into the DPRK (North Korea) will again be on the table soon, but we cannot state just what conditions will likely be attached with inter-Korean cooperation that is economic how quickly we’re able to develop those jobs,” Lee Han-ho, president for the state-funded Korea Resources Corporation, stated.