The March issue offers a rigorous examination of North Korea’s nuclear challenge and the reconfiguration of inter-Korean relations within a shifting global and regional landscape. The Special Dialogue advances the notion of “cold peace,” envisioning coexistence between the two Koreas as “normal neighbors,” while underscoring the need for greater strategic autonomy and a more self-reliant alliance. The Trends and Analysis section offers a concise assessment of the outcomes of North Korea’s 9th Party Congress. It highlights the consolidation of Kim Jong Un’s authority beyond that of his predecessors, reinforced by large-scale personnel reshuffles, and a policy shift toward stability-oriented growth following the declared completion of the five-year plan, alongside renewed emphasis on regional balance through the “Local Development 20×10” initiative. Overall, the issue provides a succinct yet integrated account of North Korea’s efforts to reinforce regime cohesion and pursue pragmatic survival strategies, with clear implications for the Korean Peninsula’s strategic outlook.