SEOUL, Oct. 5 (Korea Bizwire) — The head of South Korea’s arms procurement agency has visited Indonesia to try to resolve Jakarta’s unpaid share of costs for a joint fighter jet development project, his office said Thursday. Eom Dong-hwan, minister of the Defense Acquisition Program Administration (DAPA), left for Indonesia on Wednesday and is expected [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea and Japan held vice-ministerial talks in Seoul on Thursday, the first such talks in nine years amid warming bilateral relations, as Japan was set to begin a second round of radioactive water discharge into the ocean. First Vice Foreign Minister Chang Ho-jin met his Japanese counterpart, Masataka [...]
TOKYO, Oct. 5 (Korea Bizwire) — Japan began the second phase of the discharge of treated wastewater from the wrecked Fukushima nuclear power plant into the Pacific Ocean on Thursday, after the first phase was carried out within the established safety limits between Aug. 24 and Sept. 11. The second phase of the discharge kicked [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea’s Industry Minister Bang Moon-kyu met with a senior Greek official Thursday and discussed ways to boost bilateral cooperation on the eco-friendly shipbuilding industry and the overall economy, the industry ministry said. During a meeting with Kostas Fragogiannis, Greece’s deputy foreign and economic minister, Bang called for joint [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea wants to build a “healthy and mature” relationship with China, its top diplomat said Thursday, amid concerns over cooling bilateral relations as Seoul has been pushing for closer ties with the United States and Japan. Foreign Minister Park Jin made the remarks at a forum as the [...]
SEOUL, Oct. 4 (Korea Bizwire) — South Korea and the United Arab Emirates (UAE) have launched formal negotiations for a bilateral free trade agreement, Seoul’s industry ministry said Wednesday. The two nations agreed in 2021 to push for forging a Comprehensive Economic Partnership Agreement (CEPA), and the first round of talks kicked off in Seoul [...]
SEOUL, Oct. 3 (Korea Bizwire) – The heads of South Korea’s and Japan’s financial regulators on Tuesday agreed to resume regular “shuttle meetings” as part of their efforts to strengthen financial cooperation between the two countries, officials said. Kim Joo-hyun, chairman of Seoul’s Financial Services Commission (FSC), and Teruhisa Kurita, commissioner of Tokyo’s Financial Services [...]
SEOUL, Oct. 2 (Korea Bizwire) –South Korea’s appetite for Japanese beer has seen a remarkable resurgence this year, catapulting Japan back to the summit of beer-importing nations. This marks a significant turnaround since July 2019 when Japan imposed export restrictions on South Korea, causing Japanese beer to lose its top position in the South Korean [...]
SEOUL, Oct. 1 (Korea Bizwire) – Nearly 8 out of 10 South Koreans in their 20s and 30s agree on the need for Seoul to improve relations with Japan, a survey showed Saturday. The online poll — conducted by the Korea Youth Foundation — found 22 percent of the respondents said they “strongly agree” with [...]
SEOUL, Oct. 1 (Korea Bizwire) – South Korea’s overseas aid agency is pushing for a US$1.8 million project (2.4 billion won) to help Nigeria strengthen its information and communication technology (ICT) education among youths, officials said Sunday. Under the project, the Korea International Cooperation Agency (KOICA) plans to develop ICT teaching materials as part of [...]