North Korea seeks closer BRICS ties as Russia relations deepen
North Korea is signaling an interest in strengthening its ties with the BRICS economic bloc, as Foreign Minister Choe Son-hui skipped the United Nations General Assembly to attend a BRICS-related event in Russia.
Choe’s presence at the Eurasian Women’s Forum in Saint Petersburg, which included BRICS meetings, indicates a shift in North Korea’s foreign policy focus.
According to South Korea’s Ministry of Unification, this could mark the beginning of increased cooperation with Russia.
“While we have yet to see any decisive moves, North Korea’s foreign minister recently attended a Russia-led event, and the regime has been making official statements opposing the U.S.,” a ministry official explained.
The BRICS group, originally made up of Brazil, Russia, India, China, and South Africa, recently expanded to include Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
Aligning with BRICS could be part of Kim Jong-un’s strategy to break North Korea’s diplomatic isolation.
Cho Han-bum from the Korea Institute for National Unification said, “Kim Jong-un aims to position North Korea as an active player within emerging global alliances, and BRICS offers an opportunity for that.”
Despite these diplomatic moves, analysts remain doubtful that North Korea will become a BRICS member anytime soon.
Economic sanctions and strained relations with key BRICS members like China present significant barriers.
Lim Eul-chul from Kyungnam University noted, “If North Korea were to join a formal multinational group like BRICS, it could alter its long-standing isolation, but hurdles remain.”
North Korea’s growing collaboration with Russia and its participation in BRICS-related events may signal a shift in its approach to global alliances.
However, substantial economic and diplomatic challenges could limit its ambitions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
241114: Bitcoin Hits New All-Time High of $93K as U.S. Demand Soars
Bitcoin reached a record high of over $93,000 on Nov. 13, driven by surging demand from U.S. investors. This price increase began as U.S. markets opened, suggesting that American buyers played a major role. Notably, Bitcoin’s Coinbase Premium Index, which measures U.S. buying pressure, hit its high
Pepe’s market cap briefly tops $10 billion on back of 77% price surge
The price of the frog-faced memecoin surged 77% in the past 24 hours to trade at $0.000024.Major exchanges, including Coinbase, Robinhood and Upbit, have recently listed Pepe trading pairs.
ETH killers are still no closer to doing the deed
Solana is the crowd favorite to potentially flip Ethereum somewhere down the line, and it tends to feel realistic at times
Bitcoin at $100k very possible before EOY, analysts say
The market is due for a breather, but analysts expect prices to continue moving up in the coming weeks