The growth of North Korea's economy due to the Russian war against Ukraine attracts attention. According to Bloomberg, in the summer of 2024, North Korea GDP increased by 3.1% compared to the previous year. Such success was made possible by Pyongyan's close economic ties with Moscow.
The main factor in development is the cooperation between North Korea and Russia. Due to this cooperation, the heavy and chemical industry of the North Korea increased by 8.1%, which became the locomotive of economic growth of the country.
At the same time, industrial production in Russia in the first half of 2024 increased by 4.4% compared to the same period of 2023, showing positive dynamics since March last year. The maximum growth was recorded in February this year (+8.5% in annual terms), the minimum in June. Among the leaders in terms of growth:
- +36.1% - production of finished metal products (except machines and equipment);
- +35% - production of computers, electronic and optical products;
- +27.4% - production of vehicles, trailers and semi -trailers.
It is worth noting that the increase in income from oil and gas allows Vladimir Putin to increase the cost of war against Ukraine. The Russian Federation has received $ 590 billion in export revenue, which strengthens its financial basis for the continuation of aggression.
The event is not in a hurry to respond to this hybrid call, leaving space for further enrichment of the Kim Jong -in regime by working with Russia and supporting its military efforts.
