SEOUL, April 23 (Korea Bizwire) — South Korea and the United Arab Emirates (UAE) have agreed to pursue joint nuclear power projects abroad as part of broader bilateral cooperation on nuclear energy, Seoul’s foreign ministry said Wednesday. The agreement was reached during a high-level consultation on nuclear cooperation between the two countries, held Tuesday in [...]
SEOUL, April 22 (Korea Bizwire) — A Chinese youth delegation has visited South Korea for the first time in six years as part of a bilateral exchange program, Seoul’s foreign ministry said Tuesday. A 53-member delegation arrived in South Korea on Monday for a six-day stay, during which they were to participate in various cultural [...]
SEOUL, April 22 (Korea Bizwire) – Finance Minister Choi Sang-mok said Tuesday that his upcoming trade talks with the Donald Trump administration will help pave the way for renewed discussions on strengthening the South Korea-U.S. alliance. Choi, who doubles as deputy prime minister for economic affairs, made the remark as he headed to the United [...]
SEOUL, April 21 (Korea Bizwire) — The U.N. aviation agency has voiced grave concerns over North Korea’s recent jamming of GPS navigation signals and called for measures to prevent a recurrence, the South Korean foreign ministry said Monday. During its latest council session held in Montreal, Canada, from March 10 to April 4, the International [...]
SEOUL, April 21 (Korea Bizwire) — South Korea plans to export 22 tons of rice to Japan, the largest volume in 35 years, following a surge in rice prices in the neighboring country, a trade company said Monday. The Japan office of South Korea’s NH Trading Co. imported 2 tons of Korean rice products last [...]
SEOUL, April 21 (Korea Bizwire) – South Korea is considering setting up a necessary facility in the overlapping waters with China in the Yellow Sea as a countermeasure to the latter’s recent installation of a steel structure in the area, Seoul’s oceans minister said Monday. The Ministry of Oceans and Fisheries is discussing the matter [...]
SEOUL, April 21 (Korea Bizwire) — As the U.S.-China trade war escalates in 2025, South Korea’s retail and small manufacturing sectors are bracing for a potential flood of low-cost Chinese goods that could destabilize domestic markets. Industry concerns have mounted following a series of aggressive tariff measures by former U.S. President Donald Trump. On April 9, [...]
SEOUL, April 18 (Korea Bizwire) – A senior U.S. energy official on Friday underscored South Korea’s growing significance in the Donald Trump administration’s push to expand American energy exports and diversify global supply chains. Speaking via video remarks at an energy forum hosted by the American Chamber of Commerce in Korea (AMCHAM) held in Seoul, [...]
SEOUL, April 18 (Korea Bizwire) — South Korea’s top central banker will attend meetings of the Group of 20 (G20) finance ministers and central bank chiefs, as well as the International Monetary Fund–World Bank Group (IMF-WBG) meetings, to be held in the United States, his office said Friday. Bank of Korea (BOK) Gov. Rhee Chang-yong [...]
SEOUL, April 18 (Korea Bizwire) — South Korea on Friday strongly protested Japan’s reopening of a state museum asserting territorial claims to Korea’s easternmost islets of Dokdo, urging its “immediate closure.” The Tokyo-based National Museum of Territory and Sovereignty reopened earlier in the day after renovations, with upgraded exhibits offering a more “hands-on” experience, according [...]