SEOUL, Oct. 30 (Korea Bizwire) — South Korea’s vice defense minister has renewed Seoul’s opposition against forced repatriation of North Korean defectors in China, the latest in a series of diplomatic pressure being put on Beijing to address the issue. South Korea’s Vice Defense Minister Kim Seon-ho made the remark in talks with Lt. Gen. [...]
SEOUL, Oct. 27 (Korea Bizwire) – Italian President Sergio Mattarella will pay a state visit to South Korea next month and hold a summit with President Yoon Suk Yeol, Yoon’s office said Friday. Mattarella will visit South Korea from Nov. 7-9 at Yoon’s invitation. During the summit, the two leaders will discuss ways for the [...]
WASHINGTON, Oct. 27 (Korea Bizwire) – The United States will pursue a modern variant of the B61 nuclear gravity bomb, a centerpiece of America’s nuclear stockpile, to respond to a “rapidly evolving” security environment, the Department of Defense said Friday. The move to produce the variant, designated as the B61-13, comes as the U.S. is [...]
SEOUL, Oct. 26 (Korea Bizwire) — The Surpeme Court ruled Thursday that a 14th-century Korean Buddhist statue, which had been taken to Japan but was brought back to Korea by thieves in 2012, should be returned to Japan, upholding a lower court’s decision. The decision centers on a 50.5-centimeter-tall Buddhist statue from the Goryeo Dynasty [...]
NEW YORK/WASHINGTON, Oct. 25 (Korea Bizwire) — A resolution on the designation of Nov. 22 as “Kimchi Day,” named after a Korean traditional side dish, will be brought to the floor of the U.S. House of Representatives for its adoption in December, a Korean American heritage museum said Wednesday. The House Committee on Oversight and [...]
SEOUL, Oct. 26 (Korea Bizwire) — The Green Climate Fund (GCF), an international organization on fighting climate change, has approved US$740 million in funding for projects on low emissions and climate resilience in 41 developing nations, South Korea’s finance ministry said Thursday. The board of the GCF endorsed the funding plan for 15 projects in [...]
DOHA, Oct. 24 (Korea Bizwire) — South Korean President Yoon Suk Yeol on Tuesday pitched his country’s appeal as an investment and business partner for the Middle East. In a speech during the Future Investment Initiative forum in Riyadh, dubbed “Davos in the Desert,” Yoon said South Korea can be trusted, has cutting-edge industries, and [...]
SEOUL, Oct. 24 (Korea Bizwire) — South Korea’s industry ministry said Tuesday the government has formally accepted an agreement by the World Trade Organization (WTO) aimed at banning subsidies for illegal fishing. The agreement centers on prohibiting subsidies that contribute to overfishing and other illegal, unregulated fishing so as to ensure the sustainability of fish [...]
SEOUL, Oct. 24 (Korea Bizwire) — South Korea’s industry ministry said Tuesday it has discussed measures to expand cooperation in trade, carbon neutrality and other areas with Vietnam. First Vice Industry Minister Jang Young-jin met Tran Tuan Anh, who heads the Central Economic Committee of the Communist Party of Vietnam, to share ideas on ways [...]
RIYADH, Oct. 22 (Korea Bizwire) — South Korea and Saudi Arabia will sign 51 deals and memorandums of understanding (MOU) worth a total of US$15.6 billion on the occasion of South Korean President Yoon Suk Yeol’s state visit to the Arab country, his office said Sunday. Most of the agreements were signed Sunday during a [...]