Home Updates Denuclearization will Benefit North Korea Economically – South Korea

Denuclearization will Benefit North Korea Economically – South Korea

Yoon Suk Yeol, the South Korean president, offered bold economic support to North Korea if it abandoned its nuclear weapons program

North Korea will Benefit Economically from denuclearization - South

On Monday, Yoon Suk Yeol, the South Korean president, offered “audacious” economic assistance to North Korea in exchange for leaving its nuclear weapons program on Monday without rebuking it. Days later, North Korea threatened “deadly” retaliation for the outbreak of Coronavirus it attributed to the South.

Yoon also called for stronger ties with Japan as he celebrated the ending of Japanese colonization of the Korean Peninsula. He said both nations should work together to overcome historical complaints associated with Japanese brutal colonial rule before the end of World War Two, as well as to navigate challenges to freedom.

Yoon delivered a televised speech on the liberation holiday, blaming Seoul for the pandemic despite North Korea’s widely disputed victory over the Coronavirus. In response, Seoul calls the claim “ridiculous” since the North claims leaflets and other objects flying across the border spread the virus.

The U.S. and South Korea Joint Military Exercises

A provocation by North Korea could possibly be a nuclear or major missile test or border skirmishes when it isn’t getting what it wants from the United States. North Korea is known for increasing pressure on the South when it doesn’t get what it wants from the United States. Next week, the U.S. and South Korea will begin joint military drills, which may provoke tensions with the North.

In May, Yoon, a conservative who took office, said maintaining peace in the region and the world depended on North Korea’s denuclearization. Yoon said the South would reward North Korea with huge economic rewards if it halts its nuclear weapons development and commits to denuclearization.

Denuclearization will Benefit North Korea Economically – South Korea
Denuclearization will Benefit North Korea Economically – South Korea
Source: Web


According to Kim Jong Un, Yoon’s proposal wasn’t significantly different from previous South Korean offers that the country had rejected previously, which has accelerated North Korea’s nuclear weapons and ballistic missile program expansion. Among Yoon’s plans, they will implement a large-scale food distribution program, assist in the establishment of infrastructure for generating, transmitting, and distributing electrical energy, and renovate ports and airports to facilitate and accelerate trade.

Furthermore, he noted that such programs would “significantly” improve North Korean lives. He added that international investment and financial support would be provided to improve North Korea’s agricultural production and medical infrastructure and modernize its hospitals.

North Korean Development Towards Ballistic Missiles

During the first half of 2022, North Korea launched more than thirty ballistic missiles, including the first intercontinental ballistic missile test since 2017. It is thought that Kim intends to take advantage of the favorable environment that exists at the moment to push forward his weapons program, with the United Nations Security Council divided and effectively stunned over Russian aggression on Ukraine.

In addition to the unusual pace of North Korean weapons demonstrations, experts say the country is playing brinkmanship to force Washington into accepting North Korea as nuclear power and negotiating security and privileges from a position of strength. In the latest report, the South Korean and United States governments say the North is preparing for its 1st nuclear test since September 2017, when it claimed to have tested an Intercontinental Ballistic Missiles-designed nuclear weapon.

Source: Web: UN Security Council Sets Vote on Severe Sanctions on North Korea