North Korea's Kim Jong Un calls for economic revamp, peace with South

01 Jan 2013

1

North Korean leader Kim Jong UnNorth Korean leader Kim Jong Un has called upon the nation to embark on "an all-out struggle" to revamp its impoverished economy and to ''remove confrontation'' on the divided peninsula.

In his televised New Year's address broadcast by state media, Kim urged the nation to embark on revamping the nation's poverty-stricken economy on the same spirit that saw North Korea launch a long-range rocket last month.

"Let us bring about a radical turn in the building of an economic giant with the same spirit and mettle as were displayed in conquering space," Kim said, stressing the need to improve the standard of living of the country's malnourished population.

He, however, did not provide details as to what specific measures would be taken to improve the lot of the people.

North Korea depends heavily on China, its key ally, for trade.

On the country's relations with South Korea, Kim said removing "confrontation" between the two sides would be key to bringing about their reunification. He also criticized the "hostile policy" of "anti-reunification forces" in the South.

Latest articles

GAIL, Chhattisgarh Govt Sign MoU to Explore 12.7 LMT Gas-Based Urea Plant

GAIL, Chhattisgarh Govt Sign MoU to Explore 12.7 LMT Gas-Based Urea Plant

AI Data Centers Are Reviving Obsolete ‘Peaker’ Power Plants in Chicago; PJM Prices Hit Record Cap

AI Data Centers Are Reviving Obsolete ‘Peaker’ Power Plants in Chicago; PJM Prices Hit Record Cap

India concludes free-trade talks with New Zealand, signs MoU

India concludes free-trade talks with New Zealand, signs MoU

Tata Motors Plans Five New EV Launches by FY30; Targets 50% Market Share

Tata Motors Plans Five New EV Launches by FY30; Targets 50% Market Share

Noida International Airport Taps Tech Mahindra to Run Critical Network & Cybersecurity Operations

Noida International Airport Taps Tech Mahindra to Run Critical Network & Cybersecurity Operations

Myanmar Restarts LNG Imports After 4-Year Hiatus; First Cargo Powers 150 MW Grid Injection

Myanmar Restarts LNG Imports After 4-Year Hiatus; First Cargo Powers 150 MW Grid Injection

L&T Wins ‘Major’ BPCL Petrochemical Contract Worth Up to ₹10,000 Crore; Stock Edges Higher

L&T Wins ‘Major’ BPCL Petrochemical Contract Worth Up to ₹10,000 Crore; Stock Edges Higher

ArcelorMittal Unveils $900 Million Green Energy Blitz in India; Targets 2GW Capacity by 2028

ArcelorMittal Unveils $900 Million Green Energy Blitz in India; Targets 2GW Capacity by 2028

Uber and Lyft to Pilot Baidu Robotaxis in London; UK Trials Set for H1 2026

Uber and Lyft to Pilot Baidu Robotaxis in London; UK Trials Set for H1 2026

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers