38 North: Images suggest N. Korea 'aggressive' work on ballistic missile submarine - RTRS

Dhwani Mehta FXStreet

A US institute reported late-Thursday, the satellite images taken this month of a North Korean naval shipyard suggested that Pyongyang is pursuing an “aggressive schedule” to build its first operational ballistic missile submarine, Reuters reports.

Washington-based 38 North, a North Korea monitoring project, said in its report, “The presence of what appear to be sections of a submarine’s pressure hull in the yards suggests construction of a new submarine, possibly the SINPO-C ballistic missile submarine - the follow-on to the current SINPO-class experimental ballistic missile submarine.”

Separately, Livesquawk reported headlines from Yonhap, the South Korean news agency, citing that a senior North Korean official may visit Beijing for a meeting.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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