Why would North Korea's Kim and Russia's Putin want to meet?
Comment of the Day

September 05 2023

Commentary by Eoin Treacy

Why would North Korea's Kim and Russia's Putin want to meet?

This article from Al Jazerra may be of interest. Here is a section:

“North Korea did not leave the Cold War; it still has that production, and it has ordinance of the same Soviet/Russian calibres copycats, so that can actually provide Russia with things that the Russian military needs on the front line,” Felgenhauer said.  

Buying munitions from North Korea would be a violation of UN resolutions, which were supported by Russia, that ban all arms trading with the isolated country. But now that it faces international sanctions and export controls over its war in Ukraine, Russia has been seeking weapons from other sanctioned countries, such as North Korea and Iran.


It’s unclear whether Russia would be willing to provide North Korea with advanced technologies related to nuclear weapons and ICBMs, Cha said. Russia has always tightly guarded its most important weapons technologies, even from key partners like China, he said.

Eoin Treacy's view

Only last month Ukraine sourced arms from South Korea. Now Russia is reportedly sourcing similar armaments from North Korea. That’s not much more than tit for tat reaction.

Speculation around whether Russia is willing to give North Korea advanced missile technology may already be moot. The country tested ICBCs in July with a capability of reaching the USA, so this is not news. 

The lesson the Ukraine invasion gave every country is having a nuclear deterrent is particularly useful when you have a potentially aggressive neighbour. That’s been a major topic of conversation in Tokyo and Soeul.
Mitsubishi Heavy Industries continues to extend its uptrend. While increasingly overextended a clear downward dynamic would be required to check momentum. The share is on the cusp of completing a 25-year base formation so ¥8000 may be a future area of support.
Kobe Steel has a similar steep uptrend and is approaching the region of the 2015. 

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