SEOUL, Jul. 30 (Korea Bizwire) — South Korea and China have agreed to continue communications to ensure stable supply chains and spur bilateral trade and investment during their economic talks in Beijing, Seoul’s foreign ministry said Tuesday. Kim Jin-dong, director-general for bilateral economic affairs at the ministry, met with his Chinese counterpart, Wang Liping, on [...]
SEOUL, Jul. 30 (Korea Bizwire) — South Korea’s industry ministry said Tuesday it has discussed ways to broaden economic exchanges with Saudi Arabia, pledging to work closely toward the prompt implementation of a free trade pact between Seoul and the Gulf Cooperation Council (GCC). Industry Minister Ahn Duk-geun met with his Saudi counterpart, Majid bin [...]
SEOUL, Jul. 29 (Korea Bizwire) — The main opposition Democratic Party (DP) on Monday criticized the government for failing to prevent a Japanese gold mine associated with Korea’s wartime forced labor from being listed as a UNESCO World Heritage Site. On Saturday, the UNESCO World Heritage committee decided to add the controversial mine as a [...]
SEOUL, July 25 (Korea Bizwire) – China has said it will appoint an “appropriate” and “excellent” person as the next top envoy to Seoul, as South Korea is an important country for Beijing, an official at the foreign ministry said Thursday. The Seoul official cited the remarks made by the Chinese side during high-level strategic [...]
SEOUL, July 23 (Korea Bizwire) –Amid ongoing public requests to bring back Fu Bao, the giant panda recently returned to China, Seoul city officials have clarified that they are not currently pursuing any procedures for the panda’s return or a new panda lease. On July 23, the Seoul Metropolitan Government addressed the issue on “Imagine [...]
SEOUL, July 20(Korea Bizwire) – Former President Donald Trump showcased his personal rapport with North Korean leader Kim Jong-un during his acceptance speech for the GOP nomination for the November 5 presidential election. Speaking on the final day of the Republican National Convention in Milwaukee, Trump suggested that Kim might prefer his return to office and [...]
WASHINGTON, Jul. 18 (Korea Bizwire) — Former U.S. President Donald Trump’s formal nomination as the Republican flag-bearer this week is raising anew crucial policy questions over how he would deal with advancing North Korean threats, the alliance with South Korea and other high-stakes issues should he return to office. Both hope and concern have been [...]
SEOUL, July 17 (Korea Bizwire) – South Korea’s land ministry said Wednesday it has signed a tentative agreement with Vietnam’s construction ministry to cooperate in city and town development projects in the Southeast Asian nation. South Korean Land Minister Park Sang-woo signed a memorandum of understanding with his Vietnamese counterpart, Nguyen Thanh Nghi, on the [...]
SEOUL, Jul. 17 (Korea Bizwire) — South Korea’s industry ministry said Wednesday it held a fresh round of trade talks with Indian officials to improve a bilateral partnership agreement. Director General of FTA Negotiations Ryu Peob-min and his Indian counterpart, Anant Swarup, started the three-day session in Seoul to discuss the agenda, including goods, services [...]
SEOUL, July 13 (Korea Bizwire) – North Korea condemned the joint nuclear deterrence guidelines signed by Seoul and Washington as a “reckless provocative act,” threatening that the allies will pay “an unimaginably harsh price” if they commit further provocations. The message was published by the official Korean Central News Agency in a press statement from [...]