VLADIVOSTOK, Sept. 7 (Korea Bizwire) — President Moon Jae-in on Thursday proposed expanding economic cooperation between South Korea and Russia in a wide range of areas, including energy, infrastructure and agriculture, noting those projects might set an example of co-prosperity for isolated North Korea. In his address to the third Eastern Economic Forum (EEF) in [...]
SEONGJU, Sept. 7 (Korea Bizwire) — Four more interceptor launchers for a U.S. missile defense system entered a southern military base Thursday after clashes between police and protesters that resulted in dozens of injuries. The arrival of the launchers and other equipment came some 14 months after Seoul and Washington decided to deploy the Terminal [...]
SEOUL, Sept. 6 (Korea Bizwire) – Russian President Vladimir Putin dismissed a request from his South Korean counterpart Wednesday to cut off oil shipments to energy-starved North Korea as a way of punishing the communist state for its latest nuclear test and also forcing it out to the dialogue table. South Korean President Moon Jae-in [...]
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 [...]
SEOUL, Sept. 1 (Korea Bizwire) — North Korea said Friday that more than 70 countries and regions have applied to attend the North Korea-led International Taekwondo Federation’s (ITF) championships to be held in Pyongyang later this month. Preparations for the championships slated for Sept. 15-21 are in the final stage, according to the Korean Central [...]
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 [...]