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N. Korea marks 70 years of ruling party with massive military parade Updated: 2015-10-10 18:32:33 KST

North Korea held a massive military parade in Pyongyang on Saturday to mark the 70th anniversary of its ruling Workers' Party.
It's being seen as the biggest military parade ever held in North Korea broadcast live on its state-run Korean Central Television.
Around 100-thousand residents gathered at Pyongyang's Kim Il-sung Square to watch the parade as new, advanced weaponry was displayed.

Citing a South Korean official, media outlets in Seoul reported the North showed off its road-mobile intercontinental ballistic missiles, known as the KN-08.
The official was quoted as saying the tip of the 12-thousand kilometer range missile appears to have been modified.
He said further analysis is needed to determine whether the revision was made for the purpose of installing miniaturized nuclear warheads.
Also, reports say KN-09 300-millimeter Artillery Rockets were made public for the first time after repeatedly being test-fired last year off the East Sea.
The KN-09, with a range of up to 200 kilometers has the capability to reach South Korea's military headquarters in Gyeryongdae about a two-hour drive down south of the capital, Seoul.

In a rare move, North Korean leader Kim Jong-un delivered his first speech in three years during a military parade.
He emphasized the importance of having a strong military in the face of U.S. threats.
Kim, however, didn't mention the country's nuclear capabilities.

"Today's parade proudly shows our military might to the rest of the world. Our forces have been trained and refined over the past 70 years. We are ready to deal with any threat or attack by the United States."

Throughout the parade, Kim stood by his deputy, Hwang Pyong-so, North Korea's highest ranking military official.
To his left, Liu Yunshan, the fifth most powerful member of China's Politburo Standing Committee, Beijing's highest decision-making body.
Kim and Liu held a one-on-one meeting before the parade.
China-based Xinhua News Agency reports that Liu emphasized the importance of a nuclear-free Korean peninsula and the resumption of the long-stalled six-party talks aimed at denuclearizing North Korea that involves the two Koreas, China, the U.S., Japan and Russia.

This is the fifth military parade since Kim Jong-un came to power in late 2011 but the most lavish of all with some analysts in the South putting the price tag somewhere between one to two billion U.S. dollars.
THAT is about a third of the reclusive state's annual budget and enough to feed everyone in North Korea for well over two years.
Kim Ji-yeon, Arirang News.
KOGL : Korea Open Government License
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