North Korea shuts down multiple embassies, South Korea speculates financial issues are the reason

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North Korea shuts down multiple embassies, South Korea speculates financial issues are the reason
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North Korea is reportedly shutting down diplomatic missions to a handful of countries around the world, including Uganda, Angola, Spain and Hong Kong.

North Korea is ending its diplomatic missions to multiple countries around the world. South Korean observers speculate that the retirement of various North Korean diplomatic envoys shows a lack of financial resources and the increasing effectiveness of international sanctions.

The Japanese newspaper Yomiuri Shimbun reported last month that North Korea's operations in Hong Kong will also be coming to a close. Insiders have long reported that North Korean embassies in foreign countries are not financially supported by Pyongyang. Instead, foreign missions are responsible for creating their own – often illegal – sources of income and kick money back to the regime, experts say.

North Korea has seen a greater prominence in international issues as it continues to successfully court nations aligned against Western hegemony. Kim Jong Un and officials of his regime traveled to Moscow in September for a high-profile meeting with Russian President Vladimir Putin. The same month, the supreme leader received a delegation from China.

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