North Korea may collapse in 12 months because of U.S. Sanctions - ex government official

- North Korea may collapse in 12 months - ex government official.

- Kim Jong-un desperately wants relations with the U.S..

- Current sanctions imposed by the White House on North Korea are historically high.
A former senior ranking North Korean official has stated that the country may not last up to a year with the current state of sanctions levelled against it by the United States.

Ri Jong-ho, who ran an international network of North Korean businesses which funnelled money into the hermit kingdom, said the country "desperately wants relations with the US". 

"The sanctions that the White House has imposed on North Korea are of a historic level," Mr Ri told an Asia Society event in New York.

"Never before has the country faced such tough sanctions. I don't know if North Korea will survive a year with these sanctions. People will die," he said. 

He added: "Right now the leadership of North Korea have deployed missiles aimed at the US and are doing these provocations, but they desperately want relations with the US."

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