• North Korean leader Kim Jong-un waves at Russian President Vladimir Putin's plane as it leaves Pyongyang. Reuters
    North Korean leader Kim Jong-un waves at Russian President Vladimir Putin's plane as it leaves Pyongyang. Reuters
  • Mr Putin visits the Church of the Holy Life-Giving Trinity, in Pyongyang. EPA
    Mr Putin visits the Church of the Holy Life-Giving Trinity, in Pyongyang. EPA
  • Mr Putin and Mr Kim wave during the official welcome ceremony at the Kim Il-sung Square in Pyongyang. AP
    Mr Putin and Mr Kim wave during the official welcome ceremony at the Kim Il-sung Square in Pyongyang. AP
  • Mr Putin and Mr Kim ride in a car in Pyongyang. Reuters
    Mr Putin and Mr Kim ride in a car in Pyongyang. Reuters
  • Mr Putin is presented with a gift by Mr Kim during his state visit. Reuters
    Mr Putin is presented with a gift by Mr Kim during his state visit. Reuters
  • Mr Putin is welcomed by Mr Kim as he disembarks. Korean Central News Agency / Reuters
    Mr Putin is welcomed by Mr Kim as he disembarks. Korean Central News Agency / Reuters
  • Mr Putin embraces his North Korean host. EPA / Sputnik / Kremlin pool
    Mr Putin embraces his North Korean host. EPA / Sputnik / Kremlin pool
  • Mr Putin and Mr Kim share a laugh. Korean Central News Agency / Reuters
    Mr Putin and Mr Kim share a laugh. Korean Central News Agency / Reuters
  • Mr Putin walks ahead as Mr Kim shakes hands with members of the Russian delegation. AP / Kremin pool
    Mr Putin walks ahead as Mr Kim shakes hands with members of the Russian delegation. AP / Kremin pool
  • Mr Putin is welcomed with flowers as Mr Kim watches on. EPA / Sputnik / Kremlin pool
    Mr Putin is welcomed with flowers as Mr Kim watches on. EPA / Sputnik / Kremlin pool
  • A North Korean motorcade takes Mr Kim and Mr Putin from the airport. EPA / Sputnik / Kremlin pool
    A North Korean motorcade takes Mr Kim and Mr Putin from the airport. EPA / Sputnik / Kremlin pool
  • Mr Putin and Mr Kim arrive for their talks. EPA / Sputnik / Kremlin pool
    Mr Putin and Mr Kim arrive for their talks. EPA / Sputnik / Kremlin pool
  • Mr Kim and Mr Putin show their colours in Pyongyang. EPA / Sputnik / Kremlin pool
    Mr Kim and Mr Putin show their colours in Pyongyang. EPA / Sputnik / Kremlin pool
  • North Koreans at a welcoming ceremony for Mr Putin in Pyongyang. EPA / Sputnik
    North Koreans at a welcoming ceremony for Mr Putin in Pyongyang. EPA / Sputnik
  • Children greet Mr Putin at the ceremony. EPA / Sputnik
    Children greet Mr Putin at the ceremony. EPA / Sputnik
  • Celebratory balloons met Mr Putin during his welcoming ceremony. EPA / Sputnik
    Celebratory balloons met Mr Putin during his welcoming ceremony. EPA / Sputnik
  • Mr Putin and Mr Kim attend a wreath-laying ceremony at Liberation Monument in Pyongyang. EPA / Sputnik
    Mr Putin and Mr Kim attend a wreath-laying ceremony at Liberation Monument in Pyongyang. EPA / Sputnik
  • Mr Putin presents a luxury car made by Russian maker Aurus to Mr Kim. EPA / Sputnik / Kremlin pool
    Mr Putin presents a luxury car made by Russian maker Aurus to Mr Kim. EPA / Sputnik / Kremlin pool
  • Mr Putin and Mr Kim after their talks in Pyongyang. AP / Sputnik
    Mr Putin and Mr Kim after their talks in Pyongyang. AP / Sputnik
  • Mr Kim and Mr Putin attend a gala concert in Pyongyang. AP / Sputnik
    Mr Kim and Mr Putin attend a gala concert in Pyongyang. AP / Sputnik
  • Mr Putin and Mr Kim lead their delegations in talks on June 19. AP / Sputnik
    Mr Putin and Mr Kim lead their delegations in talks on June 19. AP / Sputnik

Vladimir Putin agrees mutual defence deal with Kim Jong-un on North Korea visit


Soraya Ebrahimi
  • English
  • Arabic

Russian President Vladimir Putin and North Korea's Kim Jong-un have signed a deal that includes a mutual defence pledge, marking one of Russia's most significant moves in Asia for years.

The pledge, agreed on Wednesday, overhauls the previous post-Soviet policy on North Korea at a time when the United States and its Asian allies try to gauge how far Russia would go to support the only country to have tested a nuclear weapon this century.

Mr Putin compared Russia's deepening of ties with North Korea to the West's growing support for Ukraine and said Moscow could develop military and technical co-operation with Pyongyang.

Following talks during Mr Putin's first visit to Pyongyang in 24 years, they signed a "comprehensive strategic partnership" pact, which Mr Putin said included a mutual defence clause in the case of aggression against either country.

"The comprehensive partnership agreement signed today provides, among other things, for mutual assistance in the event of aggression against one of the parties to this agreement," Mr Putin said.

He said western deliveries of advanced, long-range weaponry, including F-16 fighters to Ukraine for strikes against Russia, breached major agreements.

"In connection with this, Russia does not exclude for itself the development of military-technical co-operation with the Democratic People's Republic of Korea," Mr Putin said.

Mr Kim praised Russia for making what he cast as an enormously significant strategic move to support North Korea, which was founded in 1948 with the Soviet Union's backing.

Depending on the exact wording of the pact, which was not released, it could be a dramatic shift in the strategic balance in north-east Asia by placing Russia's heft behind North Korea - which faces South Korea, backed by the United States, across the heavily fortified demilitarised zone (DMZ).

While North Korea has a defence treaty with China, it does not have active military collaboration with Beijing like it has developed with Russia over the past year. North Korea also signed a 1961 treaty with the Soviet Union that included promises of mutual support in the event of an attack.

China, the north's main political and economic benefactor, had no immediate response.

Vladimir Putin's inauguration ceremony - in pictures

  • Russian President Vladimir Putin gives a speech during his inauguration ceremony at the Kremlin in Moscow. AFP
    Russian President Vladimir Putin gives a speech during his inauguration ceremony at the Kremlin in Moscow. AFP
  • Mr Putin was inaugurated for his fourth term as Russia's leader. Reuters
    Mr Putin was inaugurated for his fourth term as Russia's leader. Reuters
  • Soldiers carry the Russian national flag and the Standard of the President of the Russian Federation into the Kremlin's ornately decorated Andreyevsky Hall. AFP
    Soldiers carry the Russian national flag and the Standard of the President of the Russian Federation into the Kremlin's ornately decorated Andreyevsky Hall. AFP
  • Russia's Defence Minister Sergei Shoigu, right, and Prime Minister Mikhail Mishustin in attendance. AFP
    Russia's Defence Minister Sergei Shoigu, right, and Prime Minister Mikhail Mishustin in attendance. AFP
  • Military officers involved in Russia's campaign in Ukraine wait before the ceremony. Reuters
    Military officers involved in Russia's campaign in Ukraine wait before the ceremony. Reuters
  • Presidential regiment guards carry a gold-embossed copy of the Russian Constitution and the presidential chain of office. AP
    Presidential regiment guards carry a gold-embossed copy of the Russian Constitution and the presidential chain of office. AP
  • The Hero of Russia star and the Orders of Courage medals on a participant's uniform. AFP
    The Hero of Russia star and the Orders of Courage medals on a participant's uniform. AFP
  • American action-movie actor Steven Seagal arrives. AP
    American action-movie actor Steven Seagal arrives. AP

Mr Putin's courting of Mr Kim, which has included gifts of limousines and a tour of Russia's new space launch centre, has alarmed the United States and its Asian allies.

"Deepening co-operation between Russia and the DPRK is a trend that should be of great concern to anyone interested in maintaining peace and stability on the Korean Peninsula, upholding the global non-proliferation regime, abiding by UN Security Council resolutions, and supporting the people of Ukraine," a spokesperson for the US State Department said.

Mr Putin accused the United States, South Korea and Japan of raising tensions on the Korean peninsula and said North Korea had a right to strengthen its own defences.

Mr Kim said the pact would expand co-operation in politics, economy and defence, calling it "strictly peace-loving and defensive" in nature.

"Our two countries' relations have been elevated to the new higher level of an alliance," Mr Kim said.

At the start of their summit, Mr Kim expressed "unconditional support" for "all of Russia's policies", including "a full support and firm alliance" for Mr Putin's war with Ukraine.

Mr Putin said Moscow was fighting the hegemonic, imperialist policy of the United States and its allies, Russian media reported.

"We highly appreciate your consistent and unwavering support for Russian policy, including in the Ukrainian direction," Mr Putin said.

North Korea "expresses full support and solidarity to the Russian government, army and people in carrying out a special military operation in Ukraine to protect sovereignty, security interests, as well as territorial integrity", Mr Kim told Mr Putin.

On his arrival in North Korea, Mr Putin was greeted by cheering crowds lining the streets of Pyongyang, along with children waving Russian flags and a military salute. Mr Kim, 40, greeted Mr Putin at the airport.

After talks, Mr Putin drove Mr Kim around in a luxury Russian limousine. They then switched places and Mr Kim drove Mr Putin. Later, they watched a concert together.

An honour guard, including mounted soldiers, and a large crowd of civilians gathered at the Kim Il Sung Square by the Taedong River running through the capital.

The scene included children holding balloons and giant portraits of the two leaders with national flags adorning the square's main building.

Russia has used its warming ties with North Korea to needle Washington, while heavily sanctioned North Korea has won political backing and promises of economic support and trade from Moscow.

The United States and its allies say they fear Russia could provide aid for North Korea's missile and nuclear programmes, which are banned by UN Security Council resolutions, and have accused Pyongyang of providing ballistic missiles and artillery shells that Russia has used in its war in Ukraine.

Moscow and Pyongyang have denied weapon transfers.

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Where%20the%20Crawdads%20Sing
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EOlivia%20Newman%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Daisy%20Edgar-Jones%2C%20Taylor%20John%20Smith%2C%20Harris%20Dickinson%2C%20David%20Strathairn%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
RESULT

Fifth ODI, at Headingley

England 351/9
Pakistan 297
England win by 54 runs (win series 4-0)

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Naga
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EMeshal%20Al%20Jaser%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%C2%A0%3C%2Fstrong%3EAdwa%20Bader%2C%20Yazeed%20Almajyul%2C%20Khalid%20Bin%20Shaddad%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A

Engine: 3.5-litre V6

Transmission: eight-speed automatic

Power: 290hp

Torque: 340Nm

Price: Dh155,800

On sale: now

What is a black hole?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
Teams

Punjabi Legends Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq

Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi

Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag

Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC

Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC

Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan

Venue Sharjah Cricket Stadium

Format 10 overs per side, matches last for 90 minutes

Timeline October 25: Around 120 players to be entered into a draft, to be held in Dubai; December 21: Matches start; December 24: Finals

Company Profile
Company name: OneOrder

Started: October 2021

Founders: Tamer Amer and Karim Maurice

Based: Cairo, Egypt

Industry: technology, logistics

Investors: A15 and self-funded 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Updated: June 20, 2024, 6:03 AM