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. Last Updated: 07/27/2016

Russia to Put Korean Into Space

BUSAN, South Korea -- President Vladimir Putin and South Korean President Roh Moo-hyun pledged Saturday to deepen cooperation between their nations in everything from trade to putting a South Korean into space.

Roh said after the adoption of an action plan outlining deeper ties between the countries that Seoul had recognized Russia as a market economy.

The two leaders met after the conclusion of the APEC summit in the port city of Busan.

Putin said Russia, which shares a border with North Korea and has diplomatic relations with the communist nation, could help bring together the two Koreas through joint projects in energy and transportation.

Russia is also taking part in six-nation talks, which also include China, Japan and the United States, seeking to convince the North to abandon its nuclear weapons programs.

"We support the continuation of the six-party format of negotiations, and consider that it's the most rational means for a peaceful resolution of the issue," Putin said.

Putin said he did not specifically discuss with Roh the possibility of Seoul's participation in a Russian oil pipeline project pumping Siberian oil across Russia's Far East to a Pacific port for transport to Japanese markets. But he said that South Korean firms could participate in the project by bankrolling it.