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South Korean President Yoon Suk Yeol urged Chinese President Xi Jinping to curb North Korea's provocations and military cooperation with Moscow. The leaders discussed enhancing ties and promoting regional peace during their APEC summit meeting.
North Korea was recently dropped as an observer from the Asia-Pacific Group on Money Laundering (APG) due to its persistent engagement in money laundering and illicit financial activities, which pose significant risks to the integrity of the region's financial systems.
North Korea has long been accused of using cyber warfare as a means to generate revenue for its regime, especially in light of international sanctions that have crippled its economy. Notably, in recent years, North Korean hackers have stolen billions of dollars in cryptocurrencies, a trend that is expected to continue without a coordinated international response.
The new command will be responsible for overseeing South Korea's military operations, particularly those related to deterrence against North Korean aggression
This comes in response to remarks made by the head of the International Atomic Energy Agency (IAEA), Rafael Grossi, who expressed concerns over North Korea's ongoing nuclear activities.
The backdrop for this discussion includes rising tensions in East Asia, particularly due to North Korea's ongoing missile tests and military provocations.
Key government and military officials attended the parade, including Kim Jong Un, the General Secretary of the Workers’ Party of Korea (WPK) and Chairman of the State Affairs Commission.
The new sanctions primarily target individuals and entities linked to the Russian military and defence sectors, as well as North Korean officials involved in illicit arms trade and cyber operations.
Satellite imagery analyzed by defense experts shows activity at a facility in North Korea associated with the modification of a Russian-made aircraft, likely the Ilyushin Il-76.
This high-level encounter underscores the continuing diplomatic engagement between Russia and North Korea, amid escalating global tensions and shifting geopolitical dynamics.
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