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N.Korea offers uranium to Russia
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PostSun Dec 03, 2006 4:58 am    N.Korea offers uranium to Russia

Quote:
North Korea has offered Russia exclusive rights to its natural uranium deposits in exchange for support at the stalled talks on Pyongyang's nuclear ambitions, a newspaper reported Sunday.

The two countries have been in talks since 2002 on a deal for Russia to import uranium, which it wants to enrich and sell as nuclear fuel to China and Vietnam, according to a report in the regional daily, Tokyo Shimbun, citing unnamed Russian officials.

North Korea recently offered Russia exclusive rights to the uranium in exchange for open support at the six-party talks on the North's nuclear program, which have stalled since last year, the report stated.

Russia, which already exports natural gas and oil, hopes to become a major exporter of nuclear fuel, according to the report. Negotiations between Russia and North Korea were set to continue, the report added.


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