Benjamin Katzeff Silberstein
China has decided to invest 600 million yuan (about $88.4 million) in infrastructure such as roads in North Korea around a bridge connecting the two countries, bilateral sources said Friday, raising concerns that Beijing may violate U.N. resolutions.
Chinese President Xi Jinping’s leadership is scheduled to start the infrastructure investment by the end of this year, the sources said, as Beijing and Pyongyang have been strengthening their economic cooperation recently.
The effective economic aid would be regarded as a violation of U.N. resolutions aimed at preventing North Korea from producing nuclear weapons and ballistic missiles, U.N. diplomats said.
While preparing to dispense the aid, China is expected to begin negotiations with U.N. Security Council member states with an eye on easing economic sanctions against North Korea, now that Pyongyang has pledged to work toward denuclearization, the sources added.
The new bridge over the Yalu River from the Chinese border city of Dandong, Liaoning Province, to the North Korean county of Ryongchon was completed in 2014 after four years of construction.
But roads connecting to the bridge have yet to be developed on the North Korean side, preventing it from going into operation.
Earlier this month, Liaoning authorities decided to set up a project to support the construction of the roads and the Chinese central government has already approved it, the sources said.
Since March, relations between Beijing and Pyongyang have been markedly improving, with North Korean leader Kim Jong Un visiting China for summit talks with Xi no less than three times.
The two leaders apparently exchanged views on denuclearization on the Korean Peninsula and economic aid, with Kim vowing to build a “powerful socialist economy.” The North Korean leader has often visited the border near China recently.
Full article:
China to invest in infrastructure in N. Korea, may violate sanctions
Kyodo News
2018-07-20
Tags: Sanctions
