Current:Home > StocksNorth Korea and Russia may both benefit by striking trade deal: ANALYSIS -AssetLink
North Korea and Russia may both benefit by striking trade deal: ANALYSIS
View
Date:2025-04-21 13:23:57
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! (2556)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Customer sues Chopt eatery chain over salad that she says contained a piece of manager’s finger
- 'Pump the brakes' doesn't mean what you think
- New Mexico creates new council to address cases of missing and slain Native Americans
- A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’
- The world economy will slow next year because of inflation, high rates and war, OECD says
- Tina Knowles Addresses Claim Beyoncé Bleached Her Skin for Renaissance Premiere
- John Mulaney relates to Matthew Perry's addiction battle: 'I’m thinking about him a lot'
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- Bobby Petrino returning to Arkansas, this time as offensive coordinator, per report
Ranking
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- Court says prosecutor can’t use statements from teen in school threat case
- Alabama judge who was suspended twice and convicted of violating judicial ethics resigns
- Former New Hampshire lawmaker faces multiple charges related to moving out of his district
- Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
- The world economy will slow next year because of inflation, high rates and war, OECD says
- The Libertarian Developer Looming Over West Maui’s Water Conflict
- Emirati-designated COP28 leader forcefully denies report UAE wanted to seek oil deals in summit
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Texas women who could not get abortions despite health risks take challenge to state’s Supreme Court
Busch Gardens sinkhole spills millions of gallons of wastewater, environmental agency says
New Mexico creates new council to address cases of missing and slain Native Americans
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Court says prosecutor can’t use statements from teen in school threat case
Chicago Blackhawks move to cut veteran Corey Perry for engaging in 'unacceptable' conduct
Live updates | Mediators try to extend Gaza truce, which could expire within a day