Speaker Chechenov Anour Akhmatovich of the parliament of the Kabardino-Balkaria Republic, a federal subject of Russia, visited FKI on July 10, and discussed ways to promote economic cooperation with Korea. The parliamentary leader arrived in Korea on July 5 for a week-long stay in Seoul.
The visiting speaker asked Korean enterprises to join his country's ambitious economic development projects. "Being rich in strategic minerals like molybdenum, tungsten, oil and natural gas, the Kabardino-Balkaria Republic has recently been bent on fostering its manufacturing including chemical and petroleum industries. There would be sufficient room for mutual business cooperation between Korea and the Russian republic," FKI Secretary General Chan Ho Park responded.