• 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

Morgan Stanley Set to Launch First Major US Spot Bitcoin ETF

chest

Morgan Stanley is set to become the first major US bank to launch a spot Bitcoin ETF on April 8, 2024.

user avatarElias Mukuru

Solana Foundation Introduces STRIDE and SIRN to Enhance Ecosystem Security

chest

The Solana Foundation has launched new security initiatives, STRIDE and SIRN, to enhance ecosystem safety and rebuild trust following a significant attack.

user avatarDiego Alvarez

SEC Chair Urges Crypto Community to Participate in Elections

chest

SEC Chair Paul Atkins emphasized the importance of voter turnout for the future of crypto regulation and urged the crypto community to participate in upcoming elections.

user avatarKenji Takahashi

XRP Trading Volume Reaches $386 Billion Amid Market Fluctuations

chest

XRP's trading volume has surged to $386 billion in a 24-hour period, indicating active market participation and potential buy pressure.

user avatarGustavo Mendoza

XRP Wallets Surpass 8 Million Despite Price Decline

chest

The number of wallets holding XRP has exceeded 8 million, indicating strong retail participation despite a significant drop in the token's price.

user avatarMaria Fernandez

Solana Price May Rally in April After Prolonged Decline

chest

Solana price is expected to rally in April after a prolonged decline, potentially reaching above 100 again.

user avatarRajesh Kumar

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.