Analysis Train to Pyongyang: why Russian investment in inter-Korean rail remains unlikelySanctions, regional instability, and financial risk suggest the project is a long way from fruition In recent months there has been a great deal of talk about the coming improvement of the situation in and around Korean peninsula, and these talks have led to an upsurge of interest in long-discussed infrastructure projects. Among these projects are a plan to connect South Korea’s railway network with the continental Eurasian railway network (in particular, the Trans-Siberian Railway, TSR) via North Korea. This project is merely one of three oft-discussed projects of a similar nature – all projects which envision the use of the North Korean territory to link South Korean and Eurasian/Russian transportation © Korea Risk Group. All rights reserved. |