Current:Home > InvestNorth Korea and Russia may both benefit by striking trade deal: ANALYSIS -VitalWealth Strategies
North Korea and Russia may both benefit by striking trade deal: ANALYSIS
View
Date:2025-04-19 07:23:46
SEOUL -- As North Korea's Kim Jong Un arrives in Russia for a summit with President Vladimir Putin, the two appear ready to strike a deal that's cut clear and urgent for both sides.
North Korea needs Russian expertise in new weapons development, and Russia is in dire need of ammunition and military supplies to be delivered as soon as possible.
North Korea is well-equipped -- if not overloaded -- with self-propelled artillery and anti-tank missiles used in conventional warfare.
Delivery could be quick and fast through land using the Najin-Hasan Railway which connects the two countries.
MORE: Train carrying Kim Jong Un enters Russia en route to meeting with Vladimir Putin
North Korea and Russia also have similar weapons systems so they could be put to use right away. North Korea’s weapons development has been based on the former Soviet Union's weapons systems. For example, the two countries use same sized shells, which means the delivery could go directly to front lines.
As for Kim's North Korea, the wish list is long. It includes food, energy and fertilizers, which are all among Russia’s major export items. North Korea, which is in the middle of a food crisis, stands to benefit if those exports are part of a deal.
MORE: Top US general describes Putin with 'tin cup in hand' asking North Korea for munitions
North Korea also wants to send laborers to Russia since tens of thousands of workers abroad had to return home due to United Nations sanctions. Income from these laborers abroad was a considerable source of cash for Pyongyang. Such a trade would also works well for the Kremlin, as many young men have been drafted to the war leaving a huge sinkhole for laborers to support economic activities.
Top off North Korea’s wish list with Russian satellite technology, advanced weapons and nuclear-related technologies, all of which would drive a deal for the country.
But such a deal would certainly amount to alarming news for the outside world. With Russia potentially boosting North Korea, the level of threat and danger the region faces from intercontinental ballistic and other missiles would dramatically increase.
North Korea most of all wants the core strategic nuclear technology that Russia has, but experts believe that is unlikely to happen.
However, Russia could transfer technology so that North Korea could finally succeed in launching reconnaissance satellites.
North Korea’s attempts in May and August, two attempts that amounted to international embarrassment.
veryGood! (152)
Related
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- Russia’s foreign minister rejects a US proposal to resume talks on nuclear arms control
- Kentucky lawmaker says proposal to remove first cousins from incest law was 'inadvertent change'
- Powerball winning numbers for for Jan. 17 drawing, as jackpot grows to $102 million
- Drones warned New York City residents about storm flooding. The Spanish translation was no bueno
- Senegal presidential candidate renounces French nationality to run for office
- Usher's Vogue cover sparks backlash: He deserves 'his own cover,' fans argue
- Stock market today: Asian shares trade mixed after Wall Street dips amid dimming rate cut hopes
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Minnesota election officials express confidence about security on eve of Super Tuesday early voting
Ranking
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Fundraising off to slow start in fight over Missouri abortion amendment
- Patriots coach Jerod Mayo lays out vision for new era: 'I'm not trying to be Bill' Belichick
- Fan’s racist abuse of match official leads to 1-point deduction for French soccer club Bastia
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- Taylor Swift leads 2024 iHeartRadio Music Award Noms, followed by Jelly Roll, 21 Savage and SZA
- The Best Vegan Boots for Comfort & Style, Backed by Glowing Reviews
- 'Freud's Last Session' star Anthony Hopkins analyzes himself: 'How did my life happen?'
Recommendation
Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
A man is acquitted in a 2021 fatal shooting outside a basketball game at a Virginia high school
It's the 40th edition of Sundance — but the festival is looking forward, not back
Usher’s Promise for His 2024 Super Bowl Halftime Performance Will Have You Saying OMG
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Stick To Your 2024 Fitness Goals With Plus-Size Activewear From Spanx, Amazon, Adidas, and More
6 alleged gang members convicted of killing Chicago rapper FBG Duck in 2020
Maryland Black Caucus’s legislative agenda includes criminal justice reform and health