As the talks toward a truce between Russia and Ukraine are gaining momentum, major Korean companies are accelerating their feasibility studies on resuming business in Russia. The move comes as Russia is seen as a critical market for diversifying business interests, especially amid growing tariff pressures from the United States.
  • freagle@lemmygrad.mlEnglish
    8·
    6 days ago

    I wonder if this could be a path to Korean unification. If Russia and China both have trade relations with both Korea and occupied Korea, maybe there’s a path to peaceful reunification

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      91·
      6 days ago

      It’s possible, if the economy becomes increasingly dependent on China and Russia economically then that will necessarily drive domestic politics as well. I can see a Hong Kong style arrangement where the south has autonomy for the most part.

  • eldavi@lemmy.mlEnglish
    2·
    6 days ago

    i remember reading or watching from something else you shared stating that the russians have been doubling down on their own production capability since the first set of sanctions hit them and i wonder if they’ll let the koreans come back in since they’re both foreign and will exit again when the next round of sanctions inevitably hit.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      51·
      6 days ago

      Yeah that’s going to be interesting to see. Putin already stated that Russia will not allow foreign companies to operate in Russia the way they’ve done previously. So, it’s likely to be a much more limited arrangement this time around with Russian companies owning majority share in any joint projects.

      • cfgaussian@lemmygrad.ml
        3·
        3 days ago

        with Russian companies owning majority share in any joint projects.

        So they are taking a page out of China’s playbook? If that is really the case that’s a very positive development for Russia. It would be good to see them finally come to their senses on economic policies.