SEJONG, Sept. 6 (Korea Bizwire) – South Korea plans to give rice to developing nations after it joins an international food assistance convention as part of its ambition to stabilize the local rice supply and help the needy around the world, the farm ministry said Wednesday. The Ministry of Agriculture, Food and Rural Affairs said it is preparing steps [...]
MOSCOW, Sept. 5 (Korea Bizwire) – South Korean President Moon Jae-in said Tuesday he will not reject any form of talks with North Korea if necessary to resolve the nuclear standoff, but this is not the right time. He made the remarks in a written interview with TASS Russian News Agency ahead of his visit [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korea on Tuesday acknowledged the possibility of a need to purchase advanced U.S. weapons systems in the future as part of efforts to enhance its deterrence against North Korean provocations but dismissed any immediate plan to spend “many billions of dollars” as suggested by Washington. In a short [...]
SEOUL, Sept. 5 (Korea Bizwire) — While the alleged development of a hydrogen bomb by North Korea is keeping the military on alert, Donald Trump’s allusions to a possible termination of the Korea – U.S. Free Trade Agreement is keeping the nation’s economy in a similar state. In the latest stream of news either decrying [...]
SEOUL, Sept. 4 (Korea Bizwire) — South Korean President Moon Jae In is set to hold talks with his Russian counterpart and Germany chancellor later Monday in telephone conversations widely expected to focus on ways to rein in North Korea’s evolving nuclear and missile provocations, the presidential office Cheong Wa Dae said. Moon will first [...]
SEOUL, Sept. 4 (Korea Bizwire) – North Korea’s nuclear program will top the agenda of the upcoming summit between South Korea and Russia this week, a Seoul presidential official said Monday. President Moon Jae-in and his Russian counterpart Vladimir Putin are set to hold talks Wednesday, shortly after Moon’s arrival in Vladivostok to attend the [...]
BUSAN, Sept. 1 (Korea Bizwire) — South Korea and five Southeast Asian countries surrounding the Mekong River agreed on Friday to strengthen diplomatic and economic cooperation during an annual high-level meeting in the southern port city of Busan. The 7th Mekong-Republic of Korea Foreign Ministers’ Meeting adopted a new action plan outlining the long-term vision [...]
SEOUL, Sept. 1 (Korea Bizwire) – South Korea has asked China to remove economic sanctions imposed on South Korea due to the diplomatic row over the deployment of a U.S. missile defense system here, the Ministry of Trade, Industry and Energy said Friday. China has been retaliating economically against South Korea since early this year [...]
SEOUL, Sept. 1 (Korea Bizwire) — South Korean President Moon Jae-in is set to visit Russia next week for a bilateral summit with his Russian counterpart Vladimir Putin and other heads of state, as well as a regional forum aimed at boosting economic cooperation in Northeast Asia that includes Russia’s Far East, an official from [...]
SEOUL, Aug. 31 (Korea Bizwire) – President Moon Jae-in suffered a slight drop in his approval rating this week, a poll showed Thursday, amid a growing demand to withdraw his nomination for the new venture minister believed to hold what many believe is a distorted view on history. In a survey conducted on 1,521 voters throughout [...]