Current:Home > StocksEthermac Exchange-North Korea and Russia may both benefit by striking trade deal: ANALYSIS -Prime Capital Blueprint
Ethermac Exchange-North Korea and Russia may both benefit by striking trade deal: ANALYSIS
EchoSense View
Date:2025-04-09 18:56:00
SEOUL -- As North Korea's Kim Jong Un arrives in Russia for a summit with President Vladimir Putin,Ethermac Exchange 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
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Nathan’s Famous Independence Day hot dog contest set for NYC — minus its usual muncher
- Minnesota prosecutor provides most detailed account yet of shooting deaths of 3 first responders
- CDK Global cyberattack: See timeline of the hack, outages and when services could return
- Arkansas State Police probe death of woman found after officer
- Q&A: How a Land Purchase Inspired by an Unfulfilled Promise Aims to Make People of Color Feel Welcome in the Wilderness
- Is there life on another planet? Gliese 12b shows some promise. | The Excerpt
- Trader Joe's recalls candles sold nationwide, saying they pose a safety risk
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- CDK Global cyberattack: See timeline of the hack, outages and when services could return
Ranking
- The Daily Money: Spending more on holiday travel?
- 4 major takeaways from the Supreme Court's most consequential term in years
- GloRilla Reveals “Wildly Hypocritical” DM From Rihanna
- Historic new Kansas City stadium to host 2024 NWSL Championship
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Trump or Biden? Investors are anxious about the 2024 election. Here's how to prepare
- New state climatologist for Louisiana warns of a ‘very active’ hurricane season
- Penn Badgley and Brittany Snow Weigh in on John Tucker Must Die Sequel Plans
Recommendation
Taylor Swift makes surprise visit to Kansas City children’s hospital
David Spade visits Kentucky fireworks stand in 'Joe Dirt' homage: Watch the moment
Microsoft will pay $14M to settle allegations it discriminated against employees who took leave
Tesla stock climbs as Q2 vehicle deliveries beat expectations for first time in year
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
CDK Global faces multiple lawsuits from dealerships crippled by cyberattack
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus for $2.65 billion,
The Daily Money: Investors divided on Trump vs Biden