North Korea Shuts Down Embassies Around the World Amid Financial Crisis
In an unexpected move, North Korea has been shutting down several of its limited embassies across the globe, sparking suspicions of a deepening financial crisis. The reclusive nation has reportedly closed its embassy in Nepal, marking the fifth country it has withdrawn from in recent months as part of a diplomatic restructuring.
A spokesperson for North Korea’s foreign ministry stated, “We are conducting operations to withdraw and establish diplomatic missions in accordance with the changed global environment and national diplomatic policy,” indicating a deliberate decision behind the closures.
The closures, which include embassies in Spain, Angola, Uganda, and Hong Kong, have puzzled many diplomats and experts. South Korean analysts suggest that the shutdowns may point to a worsening financial situation for North Korea, with sanctions limiting its ability to obtain foreign currency.
Furthermore, reports from defected diplomats have shed light on North Korean embassies being funded by illegal activities such as counterfeiting, human and drug trafficking. This has raised suspicions about the true motives behind the embassy closures and the financial state of the country.
Simultaneously, North Korea is fostering stronger ties with Russia and China, hosting multiple diplomatic missions from both countries in recent months. The diplomatic reshuffling alongside these notable diplomatic relations have left many questioning the motives behind North Korea’s actions and the potential implications on the global stage.
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