North Korea to sell minisubs to Iran
North Korea is preparing to sell minisubmarines to Iran, according to Japan’s Sankei Shimbun.
The minisubs wouldlikely be deployed in the strategic Straits of Hormuz through which much of the world's oil transits.
The newspaper reported Jan. 18 that North Korea is negotiating to sell the submarines in exchange for debts incurred by Pyongyang, quoting a source familiar with North Korea affairs.
The report said Iran is urging North Korea to upgrade existing North Korean small submarines as a way for Iran to bolster its naval power.
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Friday, January 25, 2008
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