On Monday in St. Petersburg Korea’s Finance Minister Yoon Jeung-hyun reached a temporary agreement with his Russian counterpart which will ease immigration restrictions on Korean
entrepreneurs working in Russia. The agreement will reportedly shorten the number of days it takes for Russia to issue a working visa as well as change the current rule that requires even short-term visitors to register a home address.
The understanding was reached during the Korean minister’s 12-day five-country tour of G20 member countries to fine-tune Korea’s plans for the November G20 summit.