The article said companies profit from it, so their prediction is no. It’s just an opinion, and not supported by any legal or diplomatic action in the article.

My opinion is it should cease to exist. Two letter domains are country codes and IANA policy is it should match a list maintained by the UN. IANA has no business deciding for itself and has said it doesn’t want to, and they’re opening themselves to all sorts of liability and complications should they stray from that. If the UN no longer says its a valid country, it needs to no longer be a country code domain, and that’s too bad for any companies speculating on its future