Russian President Vladimir Putin expressed gratitude towards North Korea for its support of Russia's military actions in Ukraine in an op-ed published in North Korean state media. As he traveled to Pyongyang for a summit with Kim Jong Un, he stated that Russia and North Korea would collaborate closely to counter U.S.-led sanctions. This visit, his first to North Korea in 24 years, coincides with celebrations in Pyongyang. Putin's visit raises concerns about an arms deal where North Korea supplies munitions for Russia's Ukraine conflict in exchange for economic aid and technology that could boost its nuclear and missile capabilities.
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00:00It's Benzinga, and here's what's on the block.
00:03Russian President Vladimir Putin expressed gratitude toward North Korea for its support
00:07of Russia's military actions in Ukraine in an op-ed published in North Korean state media.
00:12As he traveled to Pyongyang for a summit with Kim Jong-un, he stated that Russia and North
00:17Korea would collaborate closely to counter U.S.-led sanctions.
00:21This visit, his first to North Korea in 24 years, coincides with celebrations in Pyongyang.
00:27Putin's visit raises concerns about an arms deal where North Korea supplies munitions
00:31for Russia's Ukraine conflict in exchange for economic aid and technology that could
00:36boost its nuclear and missile capabilities.
00:37For all things money, visit Benzinga.com.