Current:Home > FinanceNorth Korea is closing some diplomatic missions in what may be a sign of its economic troubles -Aspire Financial Strategies
North Korea is closing some diplomatic missions in what may be a sign of its economic troubles
Chainkeen Exchange View
Date:2025-04-08 19:15:53
SEOUL, South Korea (AP) — North Korea confirmed Friday that it’s closing some of its diplomatic missions abroad, a move that rival South Korea suspects is likely the latest sign of the North’s economic troubles amid persistent international sanctions.
Earlier in the week, the South Korean government said North Korea was moving to close its embassies in Uganda, Angola and Spain, as well as a consulate in Hong Kong, because the sanctions have made it extremely difficult for them to continue illegal activities abroad to earn money for their operating expenses.
According to South Korean government data, North Korea has diplomatic relations with more than 150 countries but operates just around 50 diplomatic posts abroad.
The North Korean Foreign Ministry said Friday that it is “either closing or newly opening diplomatic missions in other countries” in line with unspecified changes in the international environment and the North’s external policy.
South Korean officials couldn’t immediately confirm if North Korea is truly opening new diplomatic missions abroad.
In comments posted on the North Korean ministry’s website, an unidentified spokesperson said it’s normal for sovereign states to relocate their diplomatic forces abroad in pursuit of national interests. They said North Korea will continue to take “necessary diplomatic measures” for the sake of its long-term external ties, but didn’t elaborate.
North Korean embassies and diplomatic missions abroad have been tied to cases of smuggling and other illicit commercial activities to fund their operating costs and transmit badly needed foreign currency back home.
But South Korea’s Unification Ministry said Tuesday that the North decided to close some diplomatic missions because they faced difficulties earning foreign currency due to the international sanctions imposed over its nuclear and missile tests.
South Korea’s Foreign Ministry said Thursday that North Korea may close additional diplomatic missions.
North Korean state media said Monday that its ambassadors to Angola and Uganda paid “farewell” visits to those countries’ leaders the previous week. Chinese Foreign Ministry spokesperson Wang Wenbin said Wednesday that China respects North Korea’s decision to close its consulate general in Hong Kong.
In recent years, North Korea’s fragile economy was badly hit by pandemic-related restrictions, sanctions and its own mismanagement. But monitoring groups say there are no signs of a humanitarian crisis or a social chaos that could threaten the absolute rule by leader Kim Jong Un.
veryGood! (58)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- ‘It Is Going to Take Real Cuts to Everyone’: Leaders Meet to Decide the Future of the Colorado River
- It's not just you: Many jobs are requiring more interviews. Here's how to stand out
- FTC sues Amazon for 'tricking and trapping' people in Prime subscriptions
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- All My Children Star Jeffrey Carlson Dead at 48
- Kim Zolciak and Kroy Biermann Call Off Divorce 2 Months After Filing
- The Colorado River Compact Turns 100 Years Old. Is It Still Working?
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Erdoganomics
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Eva Mendes Shares Rare Insight Into Her and Ryan Gosling's Kids' “Summer of Boredom”
- The FAA is investigating the latest close-call after Minneapolis runway incident
- A New Website Aims to Penetrate the Fog of Pollution Permitting in Houston
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Despite Misunderstandings, Scientists and Indigenous Peoples in the Arctic Have Collaborated on Research Into Mercury Pollution
- ‘It Is Going to Take Real Cuts to Everyone’: Leaders Meet to Decide the Future of the Colorado River
- Did the 'Barbie' movie really cause a run on pink paint? Let's get the full picture
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Just Two Development Companies Drive One of California’s Most Controversial Climate Programs: Manure Digesters
The FAA is investigating the latest close-call after Minneapolis runway incident
A New Project in Rural Oregon Is Letting Farmers Test Drive Electric Tractors in the Name of Science
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Inside Clean Energy: Think Solar Panels Don’t Work in Snow? New Research Says Otherwise
Inside Clean Energy: The US’s New Record in Renewables, Explained in Three Charts
A New Website Aims to Penetrate the Fog of Pollution Permitting in Houston