Current:Home > FinanceNorth Korea and Russia may both benefit by striking trade deal: ANALYSIS-Angel Dreamer Wealth Society D1 Reviews & Insights
North Korea and Russia may both benefit by striking trade deal: ANALYSIS
View Date:2024-12-24 07:13:43
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! (489)
Related
- Justine Bateman feels like she can breathe again in 'new era' after Trump win
- Neil Patrick Harris Shares Amazon Father’s Day Gift Ideas Starting at $15
- Target recalls weighted blankets after reports of 2 girls suffocating under one
- Polluting Industries Cash-In on COVID, Harming Climate in the Process
- Ryan Reynolds Makes Dream Come True for 9-Year-Old Fan Battling Cancer
- Tennessee ban on transgender care for minors can be enforced, court says
- Missouri man convicted as a teen of murdering his mother says the real killer is still out there
- Union wins made big news this year. Here are 5 reasons why it's not the full story
- These Yellowstone Gift Guide Picks Will Make You Feel Like You’re on the Dutton Ranch
- Amid blockbuster decisions on affirmative action, student loan relief and free speech, Supreme Court's term sees Roberts back on top
Ranking
- Apologetic rapper Tekashi 6ix9ine gets 45 days in prison for probation violations
- No New Natural Gas: Michigan Utility Charts a Course Free of Fossil Fuels
- Get a $64 Lululemon Tank for $19, $64 Shorts for $29, $119 Pants for $59 and More Mind-Blowing Finds
- New York bans pet stores from selling cats, dogs and rabbits
- Ex-Phoenix Suns employee files racial discrimination, retaliation lawsuit against the team
- 'Can I go back to my regular job?' Sports anchor goes viral for blizzard coverage
- Deep Decarbonization Plans for Michigan’s Utilities, but Different Paths
- 6 killed in small plane crash in Southern California
Recommendation
-
How to Build Your Target Fall Capsule Wardrobe: Budget-Friendly Must-Haves for Effortless Style
-
Trump’s New Clean Water Act Rules Could Affect Embattled Natural Gas Projects on Both Coasts
-
You People Don't Want to Miss New Parents Jonah Hill and Olivia Millar's Sweet PDA Moment
-
No New Natural Gas: Michigan Utility Charts a Course Free of Fossil Fuels
-
‘COP Fatigue’: Experts Warn That Size and Spectacle of Global Climate Summit Is Hindering Progress
-
Musk asks in poll if he should step down as Twitter CEO; users vote yes
-
Gigi Hadid Shares Rare Glimpse of Her and Zayn Malik's Daughter Khai
-
Manhunt on for homicide suspect who escaped Pennsylvania jail