AIRLINK 81.15 Increased By ▲ 1.74 (2.19%)
BOP 5.50 Increased By ▲ 0.17 (3.19%)
CNERGY 4.42 Increased By ▲ 0.04 (0.91%)
DFML 34.40 Increased By ▲ 1.21 (3.65%)
DGKC 77.19 Increased By ▲ 0.32 (0.42%)
FCCL 20.55 Increased By ▲ 0.02 (0.1%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.69 Decreased By ▼ -0.16 (-1.62%)
GGL 10.19 Decreased By ▼ -0.06 (-0.59%)
HBL 117.65 Decreased By ▼ -0.28 (-0.24%)
HUBC 135.80 Increased By ▲ 1.70 (1.27%)
HUMNL 7.04 Increased By ▲ 0.04 (0.57%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.60 Decreased By ▼ -0.14 (-2.95%)
MLCF 37.55 Increased By ▲ 0.11 (0.29%)
OGDC 137.50 Increased By ▲ 0.80 (0.59%)
PAEL 22.92 Decreased By ▼ -0.23 (-0.99%)
PIAA 26.80 Increased By ▲ 0.25 (0.94%)
PIBTL 6.86 Decreased By ▼ -0.14 (-2%)
PPL 114.03 Increased By ▲ 0.28 (0.25%)
PRL 27.50 Decreased By ▼ -0.02 (-0.07%)
PTC 14.65 Decreased By ▼ -0.10 (-0.68%)
SEARL 57.57 Increased By ▲ 0.37 (0.65%)
SNGP 66.78 Decreased By ▼ -0.72 (-1.07%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.17 Decreased By ▼ -0.06 (-0.65%)
TPLP 11.55 Decreased By ▼ -0.01 (-0.09%)
TRG 71.25 Decreased By ▼ -0.85 (-1.18%)
UNITY 25.40 Increased By ▲ 0.58 (2.34%)
WTL 1.36 Decreased By ▼ -0.04 (-2.86%)
BR100 7,608 Increased By 82.6 (1.1%)
BR30 24,768 Increased By 118.5 (0.48%)
KSE100 72,537 Increased By 565.8 (0.79%)
KSE30 23,970 Increased By 221 (0.93%)
World

North Korea prepares for major January party congress

  • The incoming US president has characterised Kim as a "thug", while Pyongyang has called Biden a "rabid dog".
Published December 30, 2020

SEOUL: North Korean leader Kim Jong Un has chaired a Politburo meeting on preparations for a rare party congress in early January, state media said Wednesday.

The congress, which is expected to set out a new economic and political plan, will be the first such meeting in five years, and only the eighth in North Korea's history.

It will take place ahead of the January 20 inauguration of Joe Biden as US president. Relations with the United States have been deadlocked since talks between President Donald Trump and Kim stalled early last year.

Pyongyang is also under increasing financial pressure, as the coronavirus pandemic and floods over the summer put its flagging economy under yet more strain.

The Politburo meeting, held on Tuesday, agreed to hold the congress early in January, the official Korean Central News Agency (KCNA) said, without giving an exact date.

The meeting included "in-depth study and discussion on a series of important issues" to be reviewed at the congress, it added.

North Korea has suffered from chronic economic mismanagement and a previous plan was quietly scrapped earlier this year, with a party meeting in August concluding that "goals for improving the national economy have been seriously delayed".

In October Kim ordered an 80-day nationwide drive to boost the economy ahead of the January congress, featuring extra-long work hours and additional duties for workers.

A similar push happened before the seventh congress in 2016, which saw a new five-year economic plan announced, starting with a 200-day mass mobilisation campaign.

North Korea's economic plight has been worsened by international sanctions imposed in response to its ballistic missile and nuclear programmes, which have made rapid progress under Kim's leadership.

Nuclear negotiations between Pyongyang and the Trump administration ground to a halt after the collapse of the Hanoi summit in early 2019 over sanctions relief.

The incoming US president has characterised Kim as a "thug", while Pyongyang has called Biden a "rabid dog".

By holding the congress before he takes office, Kim "may want to pre-empt rather than react to the Biden administration's policies," said Leif-Eric Easley, a professor at Ewha University in Seoul.

Kim's 2016 congress was the first in North Korea in 36 years.

State media broadcast pictures of hordes of suited party cadres and uniformed military officials descending on the capital, and the end of the congress was marked with an enormous civilian parade.

Comments

Comments are closed.