SEOUL, Dec. 11 (Korea Bizwire) — The representatives of eight member states of the North Atlantic Treaty Organization (NATO) will visit Seoul later this week for security talks with South Korean officials, the foreign ministry said Monday. The NATO representatives of the United States, Britain, Italy, Denmark, the Netherlands, the Czech Republic, Romania and Poland [...]
SEOUL, Dec. 10 (Korea Bizwire) — South Korea plans to hold talks with the six member states of the Gulf Cooperation Council this week in Saudi Arabia in the latest effort to work out differences to forge a free trade agreement, the industry ministry said Sunday. The chief delegate talks — which will be led [...]
SEOUL, Dec. 9 (Korea Bizwire) – A recent court victory for South Korean victims of Japan’s wartime sexual slavery was confirmed Saturday after Japan decided not to appeal the earlier ruling, sources said. On Nov. 23, the Seoul High Courthad overturned a lower court’s rejection of a damages suit filed by “comfort women” and ordered [...]
WASHINGTON, Dec. 7 (Korea Bizwire) — House and Senate negotiators released their compromise draft of an annual defense policy bill Thursday, which calls for maintaining 28,500 U.S. troops in South Korea and deepening nuclear deterrence coordination between Seoul and Washington. They unveiled the final draft of the National Defense Authorization Act (NDAA) for the 2024 [...]
SEOUL, Dec. 8 (Korea Bizwire) — Vice finance ministers of South Korea, China, Japan and the Association of Southeast Asian Nations (ASEAN) have agreed to improve a currency swap mechanism as part of efforts to boost overall financial cooperation, Seoul’s finance ministry said Friday. The consensus was reached during the two-day regular meeting of the [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea has attended a United Nations peacekeeping ministerial forum and pledged its support for the global community’s commitment to strengthen peacekeeping operations (PKO), Seoul’s foreign ministry said Thursday. The South Korean delegation led by Kweon Ki-hwan, the deputy foreign minister for multilateral and global affairs, attended the two-day [...]
WASHINGTON/NEW YORK/SEOUL, Dec. 7 (Korea Bizwire) — A South Korean lawyer was elected as a judge of the International Criminal Court (ICC) for the 2024-2033 period, the court’s website showed Thursday, marking the third time that a South Korean national has won a seat at the court. Paek Kee-bong, a lawyer at Kim & Chang, [...]
SEOUL, Dec. 6 (Korea Bizwire) — South Korea has requested the United Arab Emirates (UAE) correct the faulty posting of North Korea’s national flag as that of South Korea on the website of the 28th United Nations Climate Change Conference (COP28), Seoul’s foreign ministry said Wednesday. On the COP28′s official website, an image of the [...]
WASHINGTON, Dec. 4 (Korea Bizwire) — South Korea’s “indirect” provision of 155-mm artillery shells for Ukraine this year has made it a larger supplier of ammunition for the war-ravaged country than all European countries combined, The Washington Post (WP) reported Monday. In an article on Russia’s protracted war against Ukraine, the U.S. daily explained Washington’s [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea and China agreed Monday to establish a bilateral dialogue mechanism on export controls and further activate a hotline for supply chains of major industry items, Seoul’s industry ministry said. The agreement was made during a meeting between South Korea’s Trade Minister Ahn Duk-geun and Wang Shouwen, China’s [...]