North Korea’s Economy Expands as Kim Deepens Ties With Putin, Xi
North Korea's economy experienced its fastest growth since 2016, according to the Bank of Korea. This economic expansion is attributed to Kim Jong Un's deepening ties with Russian President Vladimir Putin and Chinese President Xi Jinping. The report indicates that North Korea's trade with China, its main economic partner, has continued to increase, despite international sanctions. Additionally, the country's diplomatic relations with Russia have strengthened, potentially providing economic benefits for North Korea. The economic growth comes as North Korea has continued to develop its nuclear and missile programs, drawing international condemnation. However, the regime appears to be prioritizing economic development alongside its military ambitions, potentially seeking to bolster its domestic support and resilience in the face of ongoing sanctions.
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