North Korea’s economy entering recovery phase amid closer ties with Russia, China: Seoul

Seoul, April 15 North Korea’s economy has entered a recovery phase thanks to closer relations with Russia and China, overcoming a period of recession, the unification ministry in Seoul said on Wednesday. The unification ministry made the assessment in its five-year plan for inter-Korean relations, covering 2026 to 2030, submitted to the National Assembly’s Foreign Affairs and Unification Committee, reports Yonhap news agency. The unification ministry said that North Korea has “formed and is maintaining cooperative ties” similar to an alliance with Russia, including in high-tech weapons and technology transfers, while seeking a practical recovery in relations with China, a…