North Korean leader Kim Jong Un vowed all-out efforts to bolster his country’s nuclear deterrent during a major ruling party meeting where he laid out plans to work toward salvaging the broken economy.

Criticizing South Korea’s military

Kim’s sister criticized South Korea’s military. Says it had seen an apparent military parade proceeding in Pyongyang. Kim Jong, who was described last year as being in charge of inter-Korean relations, said in a statement Wednesday that such close tracking proved Seoul’s “hostile approach” toward its rival.

Mismanagement and KIM’s remarks

Pandemic-related border closures and floods or typhoons that wiped out summer crops further shocked an economy already devastated by mismanagement and U.S. led sanctions over his nuclear weapons program.

“We must further strengthen the nuclear war deterrent while doing our best to build up the most powerful military strength,” Kim said during his closing remarks at the congress.

Kim’s Speech

North Korean state television later showed Kim, wearing ■■■■-rimmed glasses and a black Mao suit, delivering the speech to thousands of party elites, who responded with thunderous cheers and applause.

Kim said the country must “continue to give fresh spur” in making the military more elite so that it could cope with “any form of threat and emergency.”

“The hostile forces will try to check our advance more frantically, and the world will watch how the political declaration and fighting program of our (party) are realized,” he said.

Economy

Kim called for reasserting greater state control over the economy, boosting agricultural production, and prioritizing the development of chemicals and metal industries in a five-year plan. Outside experts say such sectors would be crucial to North Korean aspiration to revitalize industrial production that has been decimated by sanctions and halted imports of factory materials amid the pandemic.

South Korean intelligence Analysts

South Korean intelligence officials and analysts have said there are signs that the North is taking dramatic steps to strengthen government control over markets, including suppressing the use of U.S. dollars and other foreign currencies.

Such measures, which are apparently aimed at forcing people to exchange their foreign currency savings for the North Korean won, demonstrate the government’s sense of urgency over its depleting foreign currency reserves, said Lim Soo-ho.

Foreign currencies have been broadly used in both trade and private market transactions in North Korea since 2009. When a botched currency revaluation under the rule of Kim’s father sparked hyperinflation and public unrest.

The KCNA said the North will convene its rubber-stamp parliament on Sunday to adopt the decisions made by the congress into law.

The economic setbacks have left Kim with nothing to show for his high-stakes summitry with President Donald Trump. Their diplomacy deteriorated after the collapse of their talks in Vietnam in February 2019, when the Americans rejected North Korea’s demand for great sanctions relief in exchange for a partial surrender of its nuclear capabilities.

Principal enemy

That were apparently aimed at pressuring the incoming Biden administration, Kim labeled the United States as the North’s “principal enemy” and said the fate of bilateral relations would depend on whether Washington discards what Pyongyang perceives as hostile policies.

Kim during the congress was also named as the ruling party’s general secretary, a title formerly held by his late father and grandfather, in a move apparently aimed at further bolstering his authority.

Kim’s sister, Vice department director

The statement from Kim’s sister suggested she is still handling the North’s relations with South Korea, but KCNA referred to her as a “vice department director” of the ruling party’s Central Committee, indicating she had been demoted from her previous status as first vice department director.

Seen as the most powerful woman in North Korea, Kim Yo Jong has come in and out of prominence under her brother’s rule
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South Korea’s ■■■■■ Chiefs of Staff

He had said that it had obtained intelligence showing a North Korean military parade in Pyongyang on Sunday night and was checking whether it was an official event or a rehearsal.

Kim Jong about South’s military

“We are only holding a military parade in the capital city; not military exercises targeting anybody nor launch of anything. Why do they take trouble craning their neck to follow what’s happening in the (North)?” Kim Jong said.

“South Koreans are a strange group hard to understand. They are the idiot and top the world’s list in misbehavior as they are only keen on things provoking world laughter.”

North Korean state TV has not shown a military parade as of Wednesday morning. During its last military parade in October, the North unveiled a series of new strategic weapons, including what appeared to be its biggest-yet intercontinental ballistic missile.