• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

North Korea and BRICS: A New Twist in Geopolitics

user avatar

by Giorgi Kostiuk

a year ago


  1. A Closer Relationship with the BRICS
  2. Immense Challenges to Overcome
  3. Conclusion

  4. In an increasingly polarized world, geopolitical alliances play a crucial role in redefining power balances. North Korea, traditionally isolated on the international stage, seems to be intensifying its efforts to align with economic blocs like the BRICS, in the context of growing ties with Russia. This strategy could have major implications for Pyongyang’s diplomacy and global geopolitics.

    A Closer Relationship with the BRICS

    On September 19, 2023, Choe Son-hui, North Korea’s Foreign Minister, deliberately chose not to attend the United Nations General Assembly in New York to go to a forum related to the BRICS in Russia. This decision reflects Pyongyang’s intention to strengthen its ties with this economic bloc, which brings together emerging powers such as Brazil, Russia, India, China, and South Africa. During this event, discussions on strengthening partnerships took place, and North Korea’s alignment with Russia seems to be intensifying, marking a strategic turning point.

    Analysts believe that North Korea is seeking to position itself within new global alliances to escape this isolation.Lim Eul-chul, a specialist in North Korean affairs

    Immense Challenges to Overcome

    Indeed, although North Korea shows interest in closer collaboration with the BRICS, several obstacles stand in its way. On the one hand, its complex relationships with China, an influential member of the BRICS, complicate its ambitions. According to Cho Han-bum of the Korean Institute for National Unification, diplomatic tensions with Beijing could seriously hinder any attempt by North Korea to integrate formally into this group. On the other hand, even if economic ties between Pyongyang and Moscow are strengthening, North Korea’s membership prospects remain low. The current context of international sanctions, particularly financial restrictions, makes it difficult for Kim Jong-un’s regime to comply with the BRICS requirements.

    North Korea’s willingness to align with the BRICS marks an important turning point in its diplomacy. However, the obstacles related to economic sanctions and tensions with some members of this bloc make formal integration unlikely in the short term. Nonetheless, this rapprochement demonstrates Pyongyang’s efforts to move away from its traditional diplomatic isolation by exploring strategic alliances that could alter its positioning on the international stage.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Pi Network Struggles with Declining Volume and Bearish Outlook

chest

The Pi Network is facing challenges with a 10% decrease in trading volume and bearish sentiment among investors, leading to a mixed outlook for its future value.

user avatarAndrew Smith

US Proposes Joint Operation of Zaporizhzhia Nuclear Power Plant

chest

The US has proposed a joint operation of the Zaporizhzhia Nuclear Power Plant involving Russia, the US, and Ukraine to build trust and ensure safety.

user avatarJacob Williams

Empowering Insurance Agents through Blockchain Ownership

chest

Blockchain enables insurance agents to become stakeholders, aligning their interests with the company's success.

user avatarSon Min-ho

Blockchain Technology Revolutionizes Insurance Industry

chest

Blockchain technology is transforming the insurance sector by fostering personal connections and trust between customers and agents.

user avatarAyman Ben Youssef

Ethereum Price Prediction Shows Cautious Sentiment

chest

Ethereum's trading volume has significantly declined, indicating cautious sentiment among investors, despite a slight price increase.

user avatarKofi Adjeman

TrustWallet Hit by Major Hack, $7 Million Stolen

chest

TrustWallet, a leading self-custody wallet, was hacked, resulting in the theft of over $7 million in cryptocurrencies due to a malicious JavaScript payload injected into its browser extension.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.