3 weeks ago

North Korea Earns $22 Billion From Russia Arms Deal

North Korea Earns $22 Billion From Russia Arms Deal
North Korea Earns $22 Billion From Arms Deal With Russia During Ukraine War, Flouted Sanctions · livemint.com

North Korea is a country that many other countries agreed not to trade weapons with.

But during a big war in Ukraine, North Korea made a deal with Russia.

Russia needed help for its army, so North Korea sent weapons and even soldiers.

In exchange, North Korea got a very large amount of money, up to $22 billion.

That is so much money it is hard to imagine.

This deal broke the rules that countries agreed on, which is called ignoring sanctions.

North Korea also traded more with another country, China, during this time.

The deal made North Korea and Russia closer allies.

People are paying attention because this money helps North Korea even though it broke the rules.

Key facts

Estimated earnings
Up to $22 billion
Time period
2022-2025
Revenue sources
Arms cooperation, troop deployments, expanding ties with Moscow
Sanctions status
Flouted international sanctions
Trade with China
Increased
Context
Ukraine war
Partnership type
Deepening military partnership between North Korea and Russia

Sources

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