Current:Home > FinanceNorth Korea and Russia may both benefit by striking trade deal: ANALYSIS -Excel Wealth Summit
North Korea and Russia may both benefit by striking trade deal: ANALYSIS
View
Date:2025-04-17 17:46:28
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! (1)
Related
- Could your smelly farts help science?
- Jack Antonoff Has Pitch Perfect Response to Rumor He Put in Earplugs During Katy Perry’s VMAs Performance
- AP Week in Pictures: Global
- Man convicted of killing 4 at a Missouri motel in 2014
- Travis Hunter, the 2
- Why Billie Eilish Skipped the 2024 MTV VMAs
- Colorado mass shooting survivor testifies the gunman repeated ‘This is fun’ during the attack
- Schools reopen with bolstered security in Kentucky county near the site of weekend I-75 shooting
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- 'Bachelorette' Jenn Tran shares her celebrity crush on podcast. Hint: He's an NBA player.
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- An Alaska Airlines plane aborts takeoff to avoid hitting a Southwest Airlines aircraft
- All the songs Gracie Abrams sings on her Secret of Us tour: Setlist
- Harvey Weinstein indicted in New York on additional charges
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Francis Ford Coppola sues Variety over story alleging ‘Megalopolis’ misconduct
- Average rate on a 30-year mortgage falls to 6.20%, its lowest level since February 2023
- A man pleads guilty in a shooting outside then-US Rep. Zeldin’s New York home
Recommendation
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Kelly Clarkson Addresses Being Vulnerable After Heartbreak
Teen Mom's Amber Portwood Slams Accusation She Murdered Ex-Fiancé Gary Wayt
Ferguson activist raised in the Black Church showed pastors how to aid young protesters
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
High-tech search for 1968 plane wreck in Michigan’s Lake Superior shows nothing so far
Cardi B welcomes baby No. 3: 'The prettiest lil thing'
Studies on pigeon-guided missiles, swimming abilities of dead fish among Ig Nobles winners