SEOUL, Mar. 27 (Korea Bizwire) — Unification Minister Kim Yung-ho on Wednesday condemned North Korea’s abduction and detention of South Korean nationals as an “inhumane” act, vowing the government’s utmost efforts to resolve the urgent issue. Kim made the remarks during a meeting with family members of the South Korean victims and chiefs of related [...]
SEOUL, Mar. 26 (Korea Bizwire) — The Navy held a remembrance ceremony Tuesday for sailors who were killed during the 2010 sinking of the Cheonan corvette by a North Korean torpedo attack in the Yellow Sea. The 1,200-ton warship sank near the western Northern Limit Line (NLL), a de facto inter-Korean sea border, in March [...]
WASHINGTON, Mar. 25 (Korea Bizwire) — The United States on Monday reiterated the importance of dialogue with North Korea, after Pyongyang claimed Japanese Prime Minister Fumio Kishida has expressed his intention for a summit with North Korean leader Kim Jong-un. Kim Yo-jong, the influential sister of the North Korean leader, said that Kishida recently made [...]
SEOUL, Mar. 15 (Korea Bizwire) — The unification ministry said Friday it has started discussions to draw up a new vision for unification between South and North Korea as it pushes to unveil the blueprint this year that espouses the principle of freedom. The Unification Future Planning Committee, an advisory committee launched last year designed [...]
SEOUL, Mar. 11 (Korea Bizwire) — North Korea has begun the construction of factories in more than 10 counties, state media reported Monday, as leader Kim Jong-un called for the development of backward provinces to bolster the regional economy. The country held a series of the groundbreaking ceremonies for the construction of the regional industrial [...]
SEOUL, Mar. 8 (Korea Bizwire) — The unification ministry said Friday it will draw up a new vision for unification between the two Koreas to include the principle of liberal democracy amid North Korea’s vow not to seek unification with the South. The government earlier said it plans to update the National Community Unification Formula, [...]
SEOUL, March 7 (Korea Bizwire) – The foreign ministry will scale back the bureau handling the North Korean nuclear issue and create a broader strategy department focused on foreign policy intelligence-gathering, officials said Thursday, a major shakeup that mirrors the prolonged impasse in nuclear talks with Pyongyang. The tentatively named Office of Strategy and Intelligence [...]
WASHINGTON, Mar. 6 (Korea Bizwire) — U.S. officials’ recent focus on the idea of “interim steps” for a path towards North Korea’s ultimate denuclearization is raising a flurry of questions about their intentions and the direction of America’s policy on the recalcitrant regime. The idea has come into the spotlight in South Korea as some [...]
SEOUL, Mar. 6 (Korea Bizwire) – North Korean leader Kim Jong-un has sent tractors to the northeastern province of Ryanggang, state media said Wednesday, in an apparent move to boost crop output amid chronic food shortages. Without disclosing the number of tractors sent, the North’s Korean Central News Agency (KCNA) reported that a ceremony took place [...]
SEOUL, March 3 (Korea Bizwire) – South Korea’s first military spy satellite has successfully transmitted “good-resolution” images of central Pyongyang back home following the satellite’s launch in December, military sources said Sunday. The first indigenous South Korean military spy satellite was placed into orbit from Vandenberg Space Force Base in California on Dec. 2, allowing [...]