Current:Home > ContactNorth Korea and Russia may both benefit by striking trade deal: ANALYSIS -MoneyStream
North Korea and Russia may both benefit by striking trade deal: ANALYSIS
View
Date:2025-04-12 06:39:12
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! (8593)
Related
- The Best Stocking Stuffers Under $25
- Donald Trump's Son Barron Trump's College Plans Revealed
- Why is the Facebook app logo black? Some users report 'sinister'-looking color change
- Biden promotes administration’s rural electrification funding in Wisconsin
- North Carolina justices rule for restaurants in COVID
- The Daily Money: A Labor Day strike
- A Florida county’s plan to turn a historic ship into the world’s largest artificial reef hits a snag
- The internet reacts to Jenn Tran's dramatic finale on 'The Bachelorette': 'This is so evil'
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Power outages could last weeks in affluent SoCal city plagued by landslides
Ranking
- Tom Holland's New Venture Revealed
- Raygun, viral Olympic breaker, defends herself amid 'conspiracy theories'
- Nearly 50 people have been killed, injured in K-12 school shootings across the US in 2024
- 4 Las Vegas teens plead guilty in juvenile court in beating death of classmate: Reports
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- 1000-Lb. Sisters’ Tammy Slaton Picks Up Sister Amy’s Kids After Her Arrest
- North Carolina public school students inch higher in test scores
- Nvidia, chip stocks waver after previous day's sell-off
Recommendation
Taylor Swift makes surprise visit to Kansas City children’s hospital
GoFundMe account created to benefit widow, unborn child of Matthew Gaudreau
Lady Gaga's Jaw-Dropping Intricate Headpiece Is the Perfect Illusion
Chloe Bailey Shares Insight on Bond With Halle Bailey's Baby Boy Halo
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
Horoscopes Today, September 4, 2024
North Carolina public school students inch higher in test scores