PYONGYANG (Sputnik) — North Korean Leader Kim Jong Un urged the country on Sunday to put in a great deal of effort and develop defense industry amid escalating tensions on the Korean Peninsula and in the world.
"It is necessary to channel serious efforts into the development of the defense industry, because the fate of the nation depends on the security of the state. The current tense situation on the Korean Peninsula, as well as the global trend requires to boost the modernization of weaponry," Kim said in a televised address to the seventh congress of the Workers' Party of North Korea.
Kim also called on the nation to increase export of products and create favorable investment climate in the country.
The Workers' Party congress held for the first time in 36 years is scheduled to wrap up on Monday, May 9, the North Korean Foreign Ministry told RIA Novosti on Sunday.