The Japan Times - 'Dire' economy prompts mass North Korean embassy closures

EUR -
AED 4.058102
AFN 70.719765
ALL 90.384417
AMD 398.36238
ANG 1.978414
AOA 1014.386836
ARS 1707.478719
AUD 1.623787
AWG 1.990652
AZN 1.873528
BAM 1.948942
BBD 2.226327
BDT 137.490566
BGN 1.955791
BHD 0.416803
BIF 3317.753008
BMD 1.104997
BND 1.42054
BOB 12.938823
BRL 6.234618
BSD 1.105341
BTN 103.901223
BWP 15.335455
BYN 3.330272
BYR 21657.938036
BZD 2.223138
CAD 1.576488
CDF 2558.068126
CHF 0.923893
CLF 0.027928
CLP 1099.151358
CNY 7.371047
CNH 7.373528
COP 3664.843565
CRC 499.057511
CUC 1.104997
CUP 26.529491
CVE 110.748314
CZK 24.380606
DJF 196.380167
DKK 7.475337
DOP 67.039992
DZD 151.339209
EGP 59.045067
ERN 16.574953
ETB 178.017447
FJD 2.511987
FKP 0.832097
GBP 0.835206
GEL 2.869029
GGP 0.832097
GHS 12.956105
GIP 0.832097
GMD 81.769846
GNF 9790.271815
GTQ 8.446509
GYD 231.26149
HKD 8.668513
HNL 29.723948
HRK 7.534575
HTG 144.834303
HUF 365.316416
IDR 20152.932342
ILS 3.527702
IMP 0.832097
INR 103.919041
IQD 1675.749024
IRR 2114411.450856
ISK 136.574282
JEP 0.832097
JMD 175.103861
JOD 0.783425
JPY 176.6354
KES 143.649934
KGS 96.630762
KHR 4508.386701
KMF 492.82867
KPW 994.497559
KRW 1476.242652
KWD 0.34224
KYD 0.921184
KZT 490.955799
LAK 24903.866285
LBP 98952.467328
LKR 367.596515
LRD 187.849372
LSL 18.424304
LTL 3.262768
LVL 0.668401
LYD 7.121693
MAD 10.887985
MDL 20.162601
MGA 5075.250477
MKD 61.522532
MMK 2320.188832
MNT 3983.407256
MOP 8.930519
MRU 44.705112
MUR 52.531559
MVR 17.017367
MWK 1916.807354
MXN 20.541779
MYR 4.508282
MZN 70.608675
NAD 18.424304
NGN 1485.944306
NIO 40.67797
NOK 10.572997
NPR 166.241558
NZD 1.994193
OMR 0.424871
PAB 1.10544
PEN 3.768941
PGK 5.042349
PHP 70.553663
PKR 305.644129
PLN 4.40529
PYG 6852.106473
QAR 4.029549
RON 5.346637
RSD 117.598211
RUB 91.495028
RWF 1632.080331
SAR 4.171191
SBD 8.947489
SCR 15.36386
SDG 664.654391
SEK 11.088477
SGD 1.422247
SHP 0.827992
SLE 25.29583
SLL 23171.190835
SOS 631.694402
SRD 41.441795
STD 22871.203579
STN 24.414754
SVC 9.671967
SYP 14367.168628
SZL 18.411714
THB 37.437547
TJS 10.19715
TMT 3.867489
TND 3.327193
TOP 2.660568
TRY 55.653392
TTD 7.508783
TWD 36.404894
TZS 2942.202134
UAH 50.229466
UGX 4549.116492
USD 1.104997
UYU 44.803768
UZS 13259.961874
VES 995.039155
VND 28375.766316
VUV 132.537587
WST 3.080509
XAF 655.957
XAG 0.022007
XAU 0.000284373768
XCD 2.98631
XCG 1.992144
XDR 0.78129
XOF 655.957
XPF 119.331742
YER 261.328911
ZAR 18.52441
ZMK 9946.302328
ZMW 22.57717
ZWL 355.808531
SSP 6394.090189
MXV 2.307468
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

'Dire' economy prompts mass North Korean embassy closures
'Dire' economy prompts mass North Korean embassy closures / Photo: Sazali Ahmad - AFP

'Dire' economy prompts mass North Korean embassy closures

From Angola to Hong Kong, North Korea is rapidly shuttering its overseas embassies, as Pyongyang's economy sputters and Kim Jong Un embraces 'new Cold War' diplomacy with Russia, experts say.

Text size:

North Korea's state media has in the last week announced "farewell visits" by its ambassadors to African allies Uganda and Angola, and closed up shop in Hong Kong and Spain, local authorities said, with experts warning more such diplomatic departures are likely.

The last time the nuclear-armed country dropped diplomatic missions on this scale was in the mid-to-late 1990s when the country was hit by a famine in which hundreds of thousands of people died -- estimates range into the millions.

"This is the first time that such a large number of embassies have been withdrawn since the Arduous March in the 1990s," said the former North Korean deputy ambassador to London, Thae Yong-ho.

Thae, who defected to the South in 2016 and is now a ruling party lawmaker, said the closures "show that UN sanctions against North Korea are working well around the world."

North Korea's embassies in Africa were until recently lucrative endeavours, allowing the country to earn hard cash for its services from construction to military deals, but the tightening of global sanctions over Kim's banned weapons programs has started to bite, experts say.

Now, even Pyongyang's far-flung traditional allies "are having difficulties making financial payments to North Korea (so) it has no choice but to close its embassies," Thae said.

Seoul's Unification Ministry said this week that the global "strengthening of sanctions against North Korea has disrupted its foreign currency earnings".

"This is a glimpse of North Korea's dire economic situation, where it is difficult to maintain even minimal diplomatic relations with traditional allies," it said.

- Pivot to Russia -

North Korea has diplomatic ties with more than 150 countries, according to the ministry, but the number of missions it maintains overseas has been shrinking since the 1990s due to financial constraints.

The latest round of closures also highlights a shift in Pyongyang's diplomatic strategy: while it once sought to maintain a so-called non-aligned strategy and balance between Cold War superpowers, now it is throwing in its lot with China and Russia.

Kim Jong Un and Russia's President Vladimir Putin, held a summit in September in Russia's far east, with the United States and South Korea subsequently claiming Pyongyang had begun providing Moscow with weapons, in exchange for satellite technology advice.

"Because of the war in Ukraine, North Korea believes that it can survive by sending a lot of manpower to Russia and China and intensively strengthening military and economic cooperation with these two countries," former diplomat Thae said.

"It shows that the strategic position of Africa has weakened while the strategic importance of China and Russia has grown in North Korea's overall diplomatic strategy."

- 'Prolonged war' -

The seeds of the embassy closures may have been sown as far back as 2019 when a summit in Hanoi between then-US president Donald Trump and Kim collapsed, Cho Han-bum, senior research fellow at the Korea Institute for National Unification, told AFP.

At that time, "North Korea declared a prolonged war" by deciding to focus on its banned weapons programs, not negotiations, he said.

But the pandemic made it hard to move personnel around, so the changes to the country's overseas missions are only just being carried out.

Reports indicate the country will eventually close 10 out of its around 50 embassies, Cho said, "which is a 20 percent reduction in the number of foreign embassies.

"It is difficult to find cases like this internationally, unless there is an economic crisis," he added.

North Korea's dire economic situation has only worsened since the country sealed its borders in 2020 as a pandemic precaution, with its trade deficit increasing and foreign currency reserves being run down, according to Cho.

"Cyber hacking is not enough to run their economy," he told AFP. "It seems economic hardship and depletion of foreign currency are the biggest reasons for the closure of embassies abroad."

"North Korea will bolster its so-called new Cold War diplomacy by maintaining or strengthening its bases with important countries like China, Russia, Syria, Iran, and Cuba while clearing out those that are difficult and burdensome to maintain," he said.

"However, a reduction in North Korea's overall diplomatic capabilities can be seen as inevitable."

K.Yamaguchi--JT