By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > North Korea scraps military agreement with Seoul as tensions rise
News

North Korea scraps military agreement with Seoul as tensions rise

News Room
Last updated: 2023/11/23 at 2:17 AM
By News Room
Share
4 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

North Korea has announced that it is scrapping a package of military confidence-building measures with South Korea, as tensions mount on the Korean peninsula after Pyongyang’s successful launch of its first military spy satellite.

The inter-Korean Comprehensive Military Agreement (CMA), reached in 2018 by North Korean leader Kim Jong Un and South Korea’s then-president Moon Jae-in during a period of intense diplomacy, was designed to reduce military tensions along the historic foes’ border.

But the pact has come under increasing strain as North Korea has made unrelenting progress on its nuclear weapons programme, while South Korea has intensified joint military exercises with the US and Japan.

Following Pyongyang’s successful launch of a military reconnaissance satellite on Tuesday night, Seoul announced it was partially suspending the 2018 accord and would resume surveillance operations closer to the demilitarised zone that separates the countries.

That move prompted Pyongyang to declare on Thursday that it would abandon the agreement altogether.

“From now on, our army will never be bound by the September 19 North-South Military Agreement,” North Korea’s Central Military Commission said, according to a statement in the Rodong Sinmun state newspaper.

“We will immediately restore all military measures that have been halted,” the statement added, warning that “the so-called ‘Republic of Korea’ will be held wholly accountable in case an irretrievable clash breaks out between the north and the south”.

South Korea’s National Intelligence Service briefed lawmakers on Thursday on North Korea’s Malligyong-1 reconnaissance satellite, which had successfully reached orbit, according to South Korean state news agency Yonhap.

North Korea’s state news agency on Wednesday released images of Kim reviewing satellite images of US military installations in the Pacific, which it claimed had been captured by the satellite.

Under the CMA, the countries had pledged to “completely cease all hostile acts against each other” and instituted a series of confidence-building measures, including a ban on drills close to the inter-Korean border, restricting live-fire exercises and agreeing no-fly zones. The sides also removed some guard posts and established a military hotline.

But analysts said the agreement had been under severe strain long before the satellite launch this week, especially after the collapse of Kim’s flurry of diplomacy with then-US president Donald Trump in 2019 and South Korea’s election of conservative hardliner Yoon Suk Yeol as president last year.

Seoul has repeatedly accused Pyongyang of violating the terms of the 2018 agreement, and senior officials have increasingly questioned its purpose.

“The CMA was basically already dead,” said Go Myong-hyun, senior fellow at the Asan Institute for Policy Studies in Seoul, noting that North Korea blew up a liaison office near the border in 2020.

Last week, Yoon’s nominee as chairman of the Joint Chiefs of Staff, Vice-Admiral Kim Myung-soo, dismissed the CMA’s contribution to peace efforts, adding that it impaired Seoul’s ability to conduct important surveillance operations.

“We are unable to monitor the enemy’s rear in real time,” he told South Korean lawmakers.

“The CMA created a grey zone that encouraged the North Koreans to push the boundaries of what they could get away with, while hampering South Korean efforts to detect and deter their activities,” said Go, who characterised the agreement as a “series of unilateral concessions by South Korea”.

“It has irritated the South Korean military for a long time,” he said. “This South Korean government won’t be sorry to see it go.”

Read the full article here

News Room November 23, 2023 November 23, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
How Ford’s bet on an electric ‘truck of the future’ led to a $19.5bn writedown

Ford chief executive Jim Farley declared his all-electric F-150 Lightning the “truck…

Which genius from history would have been the best investor?

With hedge fund founders peppering the Forbes list of billionaires, top traders…

How Friedrich Merz’s EU summit plan on frozen Russian assets backfired

There was no plan B, they said. Until there had to be…

Netflix earnings: What investors need to know about the streaming giant’s Q3 miss

Watch full video on YouTube

Inside Amazon’s massive Anthropic data center, training AI without Nvidia

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

How Ford’s bet on an electric ‘truck of the future’ led to a $19.5bn writedown

By News Room
News

Which genius from history would have been the best investor?

By News Room
News

How Friedrich Merz’s EU summit plan on frozen Russian assets backfired

By News Room
News

Cannabis Investing In The Trump Era

By News Room
News

The argument Iranians have in private

By News Room
News

Carmakers sour on EU’s ‘disastrous’ petrol engine rule changes

By News Room
News

Elon Musk makes an unhelpful cameo in Warner Bros buyout

By News Room
News

US defence act passes in rebuke to Trump administration’s stance on Europe

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?