To american officials and several media outlets. In a statement, Us National Security Officials Say that Arms Negotiations between russia and north korea are actively advancing. We know that the Russian Defense minister travelled to north korea to convince them to sell Artillery Ammunition to russia. We urge north korea to cease its negotiations and abide by the public commitments that pyongyang has made to not provide or sell arms to russia. The two men already met in russia in 2019, for their first ever summit that took place in vladivostok. It is likely that this meeting, should it happen, would take place in that same city or possibly in moscow in september. Here is whatjohn everard, British Ambassador to north korea between 2006 and 2008 makes out of kimjong un and putins plan to meet in russia to discuss weapons. But of course the background is all about the possibility that north korea might supply russia with useful amounts of munitions and other weapons for its war effort agai
Picked up at the breakdown, more downbeat picture. So the acceleration really driven by net exports. It tends to a bigger decline it relative to exports. We look at domestically indicates this, private consumption, government spending, investment, all of this indicates it actually to curated so that sick new rules weakening. Signals weakening. Is the slowdown on china likely to reflect on the numbers here . If you look at exports thats contracted in the fact that china accounts for 20 of korean exports that suddenly imposing a track on the overall Export Sector. If you look at Customs Trade Data today, total korean export revenues have only about 12 year to year. But if you isolate exports to china, that has fallen by 25 . So that is the key driver of the Export Sector will be missed. In the months ahead, what are some of the key sets of data that you will be looking out for . We will be watching the High Frequency data so far but we have seen for quarter three so far still suggests it
Joining me now live isjean lee. Shes the former Ap Pyongyang Bureau chief and current co host of the bbc podcast the lazarus heist. Thank you for being back on the programme. Whats the significance of this potential deal between two countries that are becoming even more isolated on the world stage . I think you laid it out. If the two leaders do meet and arrange a deal of some sort, this is a deal that is possibly going to help the russian resident extend that war ukraine by supplying him with munitions and in exchange possibly food that north korea needs, but beyond that, quite possibly technology that north korea needs to take its Weapons Programme to the next level and that certainly has implications that certainly has implications that have a far greater reach because it is about Nuclear Proliferation and so it may be that the leaders meet, they hold a high level summit, lots of pomp and propaganda, but it will be interesting to see what they say about the deals that come up but i
Translation i would like to iterate our principal position, we will be ready to consider the possibility of reviving the grain deal, i told the president about it today and we would do it right away. As soon as all the agreements recorded on lifting sanctions on the export of russian Agricultural Products are lifted. Ukraines black sea ports are now effectively blockaded by russia, experts say it will have to rely heavily on its ports along the danube river to export grain into neighbouring romania from where it can be transported further afield as romanias ports remain open. For many countries the grain from russia has been critical, north africa where they have been experiencing drought that has been a real problem. To discuss whats at stake im joined by arnaud petit, council. Are you disappointed they could not Reach Agreement to day . There are considerations like financial transactions, we know that now it and cannot be happening just in well the Russian Agricultural Bank be recon
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