VLADIMIR PUTIN IN NORTH KOREA
As Vladimir Putin heads to North Korea, both Moscow and Pyongyang hope his talks with Kim Jong Un will reinforce the relationship between the two countries as they find themselves ostracized by large parts of the world.
The talks are expected to produce a number of both economic and military initiatives.
THE QUESTION OF TRANSPARENCY IN DEALS:
Analysts warn that some of the agreements — especially those on the exchange of weapons and advanced missile and satellite technology — are likely to be kept under wraps.
BEYOND ECONOMIC & MILITARY INITIATIVES
Beyond those deals, however, both sides are just as eager to put on a grand display of statesmanship.
Kim Jong Un is desperate to burnish his credentials as a significant world leader, and satellite images of the North Korean capital are showing lavish preparations for Putin’s arrival in downtown Pyongyang.
Putin, for his part, wants to demonstrate that Russia still has friends and allies and he is free to travel overseas despite UN sanctions and international arrest warrants issued against him by the International Criminal Court over Russian troops allegedly abducting children in Ukraine.
A ‘NEW’ PARTNERSHIP ESTABLISHED
The two countries signed the new strategic partnership known as Comprehensive Partnership Agreement to replace previous deals signed in 1961, 2000 and 2001.
COMPONENTS OF THE SIGNED AGREEMENT
The comprehensive partnership agreement signed includes:
- The provision of mutual assistance in the event of aggression against one of the parties to this agreement.
- The deal encompasses the:
- Political,
- Trade & investment
- Cultural spheres, and
- The security sphere.
- Energy Trade. (Russia will give Oil & Natural Gas to North Korea)
- Labour Agreement. (N. Korea will send in labour in Russia due to shortfall of labour in Russia due to Military Conscript)
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