Burdened by sanctions, North Korea sees coronavirus threaten economic lifelines - News Summed Up

Burdened by sanctions, North Korea sees coronavirus threaten economic lifelines


The shutdowns could hurt leader Kim Jong Un’s efforts to make good on his promise to jumpstart North Korea’s economy. Those efforts have been undermined by a lack of progress in denuclearization talks with the United States, which has led the way in imposing international sanctions on North Korea. CHINA LIFELINEThe efforts – which appear to have been successful in preventing any cases in North Korea so far – mean North Korea has severed or drastically restricted the economic ties it relies on. “If the lockdown continues for several months and longer, this will certainly have a considerable negative impact on North Korea,” he said. “If the coronavirus situation is not resolved quickly, it is going to make life much more difficult for North Korea in 2020,” Lukin said.


Source: Pakistan Today February 04, 2020 11:26 UTC



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