Should inter-Korean cooperation result in the re-joining of North and South Korea's railways, it could connect the peninsula through China and Russia to a rail network that spans Eurasia. However, such connections will require a long and costly modernization process to fully integrate the systems in a commercially viable way, complicating the future of these potentially transformative links.
North and South Korea are pushing railway cooperation as an engine for advancing inter-Korean relations. Railway connections could integrate the peninsula into a network that spans the continent, marking a significant diplomatic and geopolitical accomplishment. However, significant obstacles still remain.
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Due to highly anticipated infrastructure development and manufacturing potential in North Korea, South Korean banks are rushing to hire experts on North Korea.
Warming ties between North and South Korea have raised hopes for investment in North Korean and inter-Korean railways. South Korea has begun tentative preparations for the construction and modernization of railway connections along the North Korean Coast, paving the way for future economic cooperation between the two Koreas.