Economy
North Korea says deal between Putin and Kim requires immediate military assistance in event of war
A new agreement between Russia and North Korea reached by their leaders requires the countries to use all available means to provide immediate military assistance in the event of war, North Korean state media said.
The North’s official Korean Central News Agency on Thursday reported the language of the comprehensive strategic partnership agreement reached by its leader Kim Jong Un and Russian President Vladimir Putin in Pyongyang on Wednesday. The agency said Article 4 of the agreement states that if one of the countries gets invaded and is pushed into a state of war, the other must deploy “all means at its disposal without delay” to provide “military and other assistance.”
The deal could mark the strongest connection between Moscow and Pyongyang since the end of the Cold War. Both Kim and Putin described it as a major upgrade of their relations, covering security, trade, investment, cultural and humanitarian ties.
Russia and North Korea sign partnership deal, vowing closer ties as rivalry deepens with West
The summit came as the U.S. and its allies expressed growing concerns over a possible arms arrangement in which Pyongyang provides Moscow with badly needed munitions for its war in Ukraine, in exchange for economic assistance and technology transfers that could enhance the threat posed by Kim’s nuclear weapons and missile program.
Following their summit, Kim said the two countries had a “fiery friendship,” and that the deal was their “strongest-ever treaty,” putting the relationship at the level of an alliance. He vowed full support for Russia’s war in Ukraine. Putin called it a “breakthrough document” reflecting shared desires to move relations to a higher level.
North Korea and the former Soviet Union signed a treaty in 1961, which experts say necessitated Moscow’s military intervention if the North came under attack. The deal was discarded after the collapse of the USSR, replaced by one in 2000 that offered weaker security assurances.
South Korean officials said they were still interpreting the results of the summit, including what Russia’s response might be if the North comes under attack, and whether the new deal promises a similar level of protection with the 1961 treaty. South Korean officials didn’t immediately comment on the North Korean report about the details of the deal.
Tensions on the Korean Peninsula are at their highest point in years, with the pace of both Kim’s weapons tests and combined military exercises involving the U.S., South Korea and Japan intensifying in a tit-for-tat cycle.
The Koreas also have engaged in Cold War-style psychological warfare that involved North Korea dropping tons of trash on the South with balloons, and the South broadcasting anti-North Korean propaganda with its loudspeakers.
Expatriate Bangladeshis sent approximately US$ 2.11 billion in remittances during the first 28 days of September in the fiscal year 2024-25, according to data released by Bangladesh Bank on 29 September.
Of this total, state-owned and specialised banks handled $679.10 million, while private banks received $1.43 billion in remittances.
Chief Adviser to Bangladesh’s interim government, Professor Muhammad Yunus, has vowed to expedite reforms and hold elections swiftly. Yunus, who recently assumed the role after the collapse of Prime Minister Sheikh Hasina’s 15-year administration, expressed his commitment during an interview with Tokyo-based news outlet NHK WORLD in New York on Sunday. He was attending the United Nations General Assembly at the time.
Following mass student-led protests that ended Hasina’s long-standing rule in August, Yunus stepped in as the leader of the caretaker government. Known for founding Grameen Bank, an institution providing microloans to the underprivileged, Yunus, along with the bank, earned the Nobel Peace Prize in 2006 for his efforts in poverty alleviation.
During the interview, Yunus emphasized that the interim government’s primary mission is to implement reforms promptly and ensure elections are held as soon as the groundwork is complete. He underscored the importance of success, stating, “Failure is not something that we can accept.”
Addressing the pivotal role of students in the ousting of the Hasina administration, Yunus acknowledged the sacrifices made by young people, referring to their involvement as part of a “revolution.” He highlighted his intention to engage the younger generation in shaping policy.
Furthermore, Yunus called for continued support from Japan, Bangladesh’s largest donor, during this crucial transition period. He stressed that Japan’s assistance is vital to stabilizing Bangladesh’s economy and fostering a democratic foundation in the nation.
Syeda Rizwana Hasan, the Adviser for Environment, Forests, and Climate Change, announced today that steps will be taken to restrict the use of polythene shopping bags to safeguard future generations.
Starting from October 1, polythene bags will be banned in shopping malls, followed by a ban in kitchen markets from November 1.
“Everyone must take responsibility and stop using polythene voluntarily. Action against polythene producers will begin from November 1,” Rizwana Hasan stated during a seminar.
The Department of Environment (DoE) organized the seminar to raise public awareness about alternatives to banned polythene bags.
Rizwana Hasan highlighted that the restriction on polythene will be executed in phases according to legal provisions, and discussions with shopping centers and store owners are ongoing to ensure a smooth transition.
She also announced plans to make the government secretariat a plastic-free zone by December.
Other speakers at the seminar included Environment Secretary Dr. Farhina Ahmed, DoE Director General Dr. Abdul Hamid, Director Rajinara Begum, President of the Shop Owners Association Muhammad Helal Uddin, and Md. Arifur Rahman Bhuiyan, Assistant Professor of Environmental Science at BUP. They discussed the harmful effects of polythene and the need for alternative products.
Earlier, Rizwana Hasan inaugurated a fair showcasing eco-friendly alternatives to polythene bags and visited 24 stalls. The fair featured products from government and private entrepreneurs, including reusable bags, jute bags, paper bags, and items made from bamboo and cane.
