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S. Korea’s Foreign Minister Asks for UNHCR Efforts to Help N.K. Defectors

S. Korea’s Foreign Minister Asks for UNHCR Efforts to Help N.K. Defectors

SEOUL, Nov. 21 (Korea Bizwire) – South Korea’s foreign minister asked the U.N. refugee agency on Tuesday to make efforts to protect and support North Korean defectors living overseas, her office in Seoul has said. Kang Kyung-wha earlier held a luncheon meeting in Seoul with Filippo Grandi, the U.N. High Commissioner for Refugees, according to [...]

U.N. Command Holds Off on Showing N. Korean Soldier’s Defection Footage

U.N. Command Holds Off on Showing N. Korean Soldier’s Defection Footage

SEOUL, Nov. 16 (Korea Bizwire) – The United Nations Command (UNC) reversed a plan Thursday to make public footage of a North Korean soldier making a desperate defection dash to South Korea earlier this week. It cited concern over unnecessary speculation on what happened at the truce village of Panmunjom on Monday afternoon. The North’s soldier suffered multiple gunshot wounds, chased by his fellow soldiers [...]

South Korean Military Considering New Rules of Engagement

South Korean Military Considering New Rules of Engagement

SEOUL, November 16 (Korea Bizwire) – South Korean military officials are reportedly contemplating a change to the current rules of engagement at the inter-Korean border, following criticism over the response to North Korean troops firing shots at a defecting North Korean soldier. According to a source close to the military on Wednesday, despite the United Nations [...]

Maritime Minister Says N. Korea’s Return of S. Korean Boat May Be Conciliatory Move

Maritime Minister Says N. Korea’s Return of S. Korean Boat May Be Conciliatory Move

SEOUL, Nov. 14 (Korea Bizwire) — Oceans Minister Kim Young-choon on Tuesday interpreted North Korea’s recent repatriation of a seized South Korean fishing boat as a “conciliatory gesture,” as Seoul seeks to improve cross-border ties. During a parliamentary session, Kim also dismissed speculation that Pyongyang captured the boat, 391 Hungjin, last month in a move [...]

South Korean Firms Accept Government Compensation over Kaesong Complex Shutdown

South Korean Firms Accept Government Compensation over Kaesong Complex Shutdown

SEOUL, Nov. 13 (Korea Bizwire) – South Korean companies that operated factories at the now-shuttered joint industrial park in North Korea said Monday they will accept the tens of billions of won in compensation recently offered by the government, yet decided to seek additional support. On Friday, the government said it will provide compensation to hundreds of domestic companies who suffered losses [...]

Leaders of S. Korea, Indonesia Agree to Upgrade Ties, Urge N. Korea to Give up Nukes

Leaders of S. Korea, Indonesia Agree to Upgrade Ties, Urge N. Korea to Give up Nukes

JAKARTA, Nov. 9 (Korea Bizwire) — The presidents of South Korea and Indonesia agreed Thursday to upgrade their relations to “special strategic partnership” to push forward all-compassing cooperation in economy, culture, politics and security issues. During their summit, Presidents Moon Jae-in and Joko Widodo also pledged efforts to sharply increase bilateral trade and diversify business [...]

FATF Maintains Hard-line Stance on North Korea

FATF Maintains Hard-line Stance on North Korea

SEOUL, Nov. 8 (Korea Bizwire) — The Financial Action Task Force announced it will continue its countermeasures against North Korea during a general meeting in Buenos Aires, Argentina. According to the Financial Services Commission (FSC) on Monday, the FATF has decided to maintain its economic sanctions at the highest level for the seventh consecutive year [...]