Instead of opening up to the investments promised by Chinese and South Korean entrepreneurs who were eager to set up factories using the north’s cheap labor, Kim Jong-un’s regime has experienced further abasement after recently conducting nuclear and missile tests. As a result of that, North Korea now faces harsh sanctions imposed by the United Nations. The sanctions seek to cut North Korea’s military spending by stifling its foreign trade which is restricted only to China, but boasts a significant 92 percent.
Despite multiple nuclear tests carried out by Pyongyang, most South Koreans think war is unlikely.
North Korea nuclear weapons will be increased if the North Korean regime of Kim Jong-Un has their way. As previously reported by The Inquisitr, North Korea declared a state of war against South Korea last week. North Korea’s officia...
SEOUL (Reuters) - South Korea blacklisted senior North Korean officials, including leader Kim Jong Un's top aides, on Friday in fresh unilateral sanctions over Pyongyang's nuclear and ballistic missile tests.