SEOUL, July 15 (Korea Bizwire) — Defense Minister nominee Ahn Gyu-back said Tuesday the Lee Jae Myung government aims to take back the wartime command of South Korean troops from the United States within Lee’s five-year term. Ahn made the remarks during a parliamentary confirmation hearing as South Korea seeks to retake it at a [...]
SEOUL, July 15 (Korea Bizwire) — South Korea’s pharmaceuticals industry needs government-level support to mitigate potential impacts from the United States’ aggressive tariff policies, a local think tank said Tuesday. The recommendation comes after U.S. President Donald Trump threatened to impose tariffs of up to 200 percent on foreign-made pharmaceuticals as part of his protectionist [...]
SEOUL, July 14 (Korea Bizwire) – The foreign ministry said Monday that it is taking an alleged harassment and assault case involving a Honduran diplomat “seriously” and is taking steps in accordance with due procedures. Police in Busan said Sunday that it has booked a Honduran diplomat without physical detention for allegedly harassing and assaulting [...]
SEOUL, July 13 (Korea Bizwire) — President Lee Jae-myung on Sunday delivered a sweeping appeal to link economic equity with democratic resilience, warning that without tangible improvements to people’s lives, democracy could fall prey to authoritarian forces cloaked in the guise of economic growth. Speaking at the opening ceremony of the World Congress of Political [...]
WASHINGTON, July 11 (Korea Bizwire) — South Korea and the United States held talks this week in Seoul to discuss ways to “modernize” the bilateral alliance in a “mutually beneficial” manner and strengthen it into a “future-oriented” and “comprehensive strategic” one, the two sides said Friday. The consultations on Thursday and Friday came as U.S. [...]
KUALA LUMPUR, July 11 (Korea Bizwire) — South Korea on Friday called for unified efforts toward resolving North Korea’s nuclear issues, vowing to make progress to achieve lasting peace on the Korean Peninsula under the new government of President Lee Jae Myung. First Vice Foreign Minister Park Yoon-joo made the remarks during the foreign ministers’ [...]
SEOUL, July 11 (Korea Bizwire) — The United States has made South Korea’s participation in its containment policy against China a prerequisite for bilateral cooperation in the shipbuilding sector, one of the key items in the two countries’ ongoing trade negotiations, a Seoul official said Friday. “The shipbuilding industry is one of the most notable [...]
KUALA LUMPUR, July 11 (Korea Bizwire) — South Korea, the United States and Japan reaffirmed Friday their “resolute” commitment to the complete denuclearization of North Korea, as they held their first high-level diplomatic talks since the launch of the Lee Jae Myung government. The 40-minute talks took place among First Vice Foreign Minister Park Yoon-joo, [...]
SEOUL, July 11 (Korea Bizwire) — In a moving tribute to mark the 75th anniversary of the Korean War and the 72nd anniversary of the South Korea–U.S. alliance, a group of South Korean students visited American war veterans in the western United States to express their gratitude through letters, ceremonies, and performances. The event, titled [...]
KUALA LUMPUR, July 10 (Korea Bizwire) – First Vice Foreign Minister Park Yoon-joo had brief encounters with the top diplomats of China and Japan in Malaysia on Thursday, marking the first such in-person exchanges between senior diplomats of the three Asian neighbors since the launch of the Lee Jae Myung government. Park was seen approaching [...]