Current:Home > InvestNorth Korea and Russia may both benefit by striking trade deal: ANALYSIS -GrowthInsight
North Korea and Russia may both benefit by striking trade deal: ANALYSIS
View
Date:2025-04-14 16:19:03
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! (9)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- Animal chaplains offer spiritual care for every species
- Michigan man who was 17 when he killed a jogger will get a chance at parole
- Deadly shootings at bus stops: Are America's buses under siege from gun violence?
- Arkansas State Police probe death of woman found after officer
- Alaska governor plans to sign bill aimed at increasing download speeds for rural schools
- Lollapalooza 2024 releases day lineup featuring headliners SZA, Tyler, the Creator, more
- List of fruits with the most health benefits: These 8 are expert recommended
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- 12 Products to Help You Achieve the Sleekest Slick-Back Bun or Ponytail
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- TEA Business College leads innovation in quantitative finance and artificial intelligence
- Baltimore bridge press conference livestream: Watch NTSB give updates on collapse investigation
- The Bachelorette Alum JoJo Fletcher Influenced Me to Buy These 37 Products
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- National monument on California-Oregon border will remain intact after surviving legal challenge
- NYPD officer shot, killed during traffic stop in Queens by suspect with prior arrests
- Nicky Hilton’s Guide for a Stress-Free Family Day at Universal Studios
Recommendation
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Introducing TEA Business College: Your Global Financial Partner
US appeals court finds for Donald Trump Jr. in defamation suit by ex-coal CEO Don Blankenship
Accidents Involving Toxic Vinyl Chloride Are Commonplace, a New Report Finds
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
TEA Business College leads innovation in quantitative finance and artificial intelligence
Halsey Shares Fierce Defense of Kate Middleton Amid Cancer Journey
These Top-Rated Amazon Deals are Predicted to Sell Out — Shop Them While You Can