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South Korean to participate in the modernization of Kazakhstan’s railways

South Korean President Park Geun-hye plans to open a new future for Eurasian cooperation through her visits to three Central Asian nations this week, Uzbekistan, Kazakhstan and Turkmenistan.

The trip comes as Park seeks to lay the groundwork for the “Eurasia initiative” she proposed in October last year. The initiative calls for infrastructure construction and the freeing up of trade between Eurasian nations to create what could become a large single market rivaling the European Union.

In Kazakhstan, the visit includes summit talks with Kazakh President Nursultan Nazarbayev. The two sides will also sign a memorandum of understanding on rail cooperation, which calls for South Korean participation in the modernization of Kazakhstan’s railways. That project is expected to provide a basis for Park’s vision for a “Silk Road Express” that connects South Korea to Europe via North Korea, Russia and China.

Source* Yonhap News Agency

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