North Korea Declares Nuclear Status Irreversible
Analysis based on 8 articles · First reported Mar 23, 2026 · Last updated Mar 24, 2026
The statements by Kim Jong Un regarding North Korea's irreversible nuclear status and hostile stance towards South Korea are likely to increase geopolitical risk in the region, potentially leading to market volatility in South Korea and other allied nations. Increased defense spending by North Korea and its deepening partnership with Russia could also impact global defense industry stocks and commodity prices due to heightened tensions.
North Korean leader Kim Jong Un announced that North Korea would permanently strengthen its nuclear forces and consider South Korea its most hostile state. In a speech to the Supreme People's Assembly, Kim Jong Un declared North Korea's nuclear status irreversible and essential for national security and economic development, rejecting any notion of nuclear disarmament for economic benefits. He accused the United States and its allies of destabilizing the region and warned South Korea of a merciless response to any infringement on North Korea's sovereignty. The parliamentary session also approved a 2026 state budget that allocates 15.8% of total expenditure to defense, specifically for expanding nuclear deterrence and war-fighting capabilities. Additionally, Russian President Vladimir Putin sent a congratulatory message, pledging to deepen a comprehensive strategic partnership with North Korea.
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