• 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

2 years 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

Upbit Conducts Major Internal Wallet Reorganization of SHIB

chest

South Korean exchange Upbit has reorganized 864 billion SHIB across its internal wallet addresses as part of a standard internal rebalancing process aimed at managing liquidity and security.

user avatarTomas Novak

Avalanche Staking Value Reaches $20.477 Billion

chest

Avalanche's staking value has reached approximately $20.477 billion, indicating strong network participation.

user avatarMaya Lundqvist

Helicon Upgrade Activated on Fuji Testnet

chest

The Helicon upgrade has been activated on the Fuji testnet, marking a significant step in Avalanche's development.

user avatarKaterina Papadopoulou

Avalanche Awards Grant to YourGrails for Tokenization of Physical Trading Cards

chest

Avalanche's Team1 Accelerator awarded a $30,000 grant to YourGrails for tokenizing physical trading cards, supporting the growth of the real-world asset ecosystem.

user avatarLeo van der Veen

Aave Governance Considers Wind Down of Low-Use V3 Markets

chest

Aave governance is reviewing a proposal to wind down six low-adoption V3 markets and offboard dozens of reserves to reduce operational complexity.

user avatarLi Weicheng

Uniswap Introduces New Launches Beta Tab for Enhanced Token Discovery

chest

Uniswap has introduced a new Launches beta tab in its web app to enhance the discovery of new tokens across various launchpads.

user avatarAisha Farooq

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.