Business Maverick: North Korea Holds Military Parade, Testing US and Allies

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North Korea staged its first military parade in seven months, with leader Kim Jong Un pledging to strengthen his state’s atomic arsenal as he presided over an event showcasing nuclear-capable weapons that threaten the US and its allies.

The parade was held on Monday night in central Pyongyang, the state’s official Korean Central News Agency reported Tuesday. The event included displays of tactical weapons and the country’s biggest intercontinental ballistic missile, the Hwasong-17, KCNA said, adding its missile can respond to “any kind of warfare in the sky, the earth, the sea, and the universe.”

The parade to mark the 90th anniversary of the founding of its army comes as North Korea appears ready to test its first nuclear device since 2017 and has rolled out in recent months new weapons designed to evade U.S.-operated missile shields. Tensions are also set to increase when South Korean President-elect Yoon Suk Yeol takes office on May 10 with pledges to pursue a tough line on Pyongyang.

 

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