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Seoul closely watching N. Korea's opening of port to China: officials
By Byun Duk-kun SEOUL, March 9 (Yonhap) -- South Korea is keeping a close watch over North Korea's efforts to draw greater foreign investment to one of its ports, as the move might indicate Pyongyang is opening up to the outside world and signal its return to stalled international nuclear talks, officials said Tuesday.
The North has agreed to give a 50-year lease on its Rajin port to Russia, and the country is also in talks with a Chinese company on extending its 10-year lease by another decade, according to an official from China's Jilian Province, currently in Beijing for the National People's Congress.
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