North Korea shuts embassies, fueling South Korean financial concerns.


North Korea is terminating its diplomatic missions to several nations across the globe.

South Korean analysts say North Korean diplomats leaving suggests financial scarcity and stronger global sanctions.

According to a ministry official, the North is struggling to sustain its diplomatic missions due to challenges in acquiring foreign currency caused by intensified sanctions.

Despite the prevailing economic difficulties, they continue to demonstrate the obstacles encountered by the North in upholding fundamental diplomatic relations with its enduring allies.

This month, the closure of embassies in Angola and Uganda within the African countries was officially announced through state news outlets, namely Rodong Sinmun and Voice of Korea.

The Communist Party of the Peoples of Spain has declared the end of North Korean diplomatic missions to Spain, with future responsibilities transferred to Pyongyang's embassy in Italy.

Last month, the closure of North Korea's operations in Hong Kong was reported by the Japanese newspaper Yomiuri Shimbun.

It has been widely reported by insiders that the North Korean embassies situated in foreign nations do not receive any financial backing from Pyongyang.

Foreign missions are accountable for generating their own sources of income, which are frequently illicit, and subsequently funneling funds to the regime, as per expert analysis.

North Korea's international significance has grown as it effectively cultivates alliances with nations opposed to Western dominance.

Kim Jong Un and his regime officials journeyed to Moscow in September to engage in a significant encounter with Russian President Vladimir Putin.