SEOUL, April 22 (Korea Bizwire) – Finance Minister Choi Sang-mok said Tuesday that his upcoming trade talks with the Donald Trump administration will help pave the way for renewed discussions on strengthening the South Korea-U.S. alliance. Choi, who doubles as deputy prime minister for economic affairs, made the remark as he headed to the United [...]
WASHINGTON, March 27 (Korea Bizwire) — The alliance between South Korea and the United States is in a “quiet crisis,” a prominent U.S. expert said Thursday, pointing to a series of recent developments, including the absence of leader-level contact and Seoul’s exclusion from the Pentagon chief’s ongoing Indo-Pacific trip. Victor Cha, Korea Chair at the [...]
SEOUL, Dec. 20 (Korea Bizwire) — Acting President Han Duck-soo said Friday that South Korea is ensuring no gaps in its security amid the ongoing impeachment turmoil by maintaining a watertight readiness posture with its ally the United States. Han made the remark during a meeting of senior government and ruling party officials, which was [...]
SEOUL, Dec. 17 (Korea Bizwire) — South Korea faces tough challenges in advancing its alliance with the United States amid a political crisis from President Yoon Suk Yeol’s martial law decree earlier this month, with less than a month to go before U.S. President-elect Donald Trump’s second term begins. Following last week’s parliamentary vote to [...]
WASHINGTON, Dec. 16 (Korea Bizwire) — The South Korea-U.S. alliance is not just between the two countries’ presidents, but one between their governments and between their people, a State Department spokesperson said Monday, stressing that there is no “diminution” in the bilateral partnership in the wake of President Yoon Suk Yeol’s impeachment. Matthew Miller, the [...]
SEOUL, Dec. 11 (Korea Bizwire) — U.S. Treasury Secretary Janet Yellen has reaffirmed the strong alliance between South Korea and the United States during talks with her South Korean counterpart, the finance ministry said Wednesday. Yellen and Finance Minister Choi Sang-mok held a video conference on Tuesday to discuss the ongoing unrest and evaluate economic [...]
WASHINGTON, Oct. 2 (Korea Bizwire) — South Korean and U.S. officials on Wednesday expressed strong confidence over the present and future of the two countries’ evolving alliance, calling it “ironclad” and “unwavering,” as they celebrated the Korean National Day and Armed Forces Day in Washington on Wednesday. Their paean for the decadesold alliance came as [...]
WASHINGTON, Feb. 13 (Korea Bizwire) — Former President Donald Trump’s recent controversial remarks on the North Atlantic Treaty Organization (NATO) is stoking a renewed yet consequential question for South Korea: Would America’s security commitment remain steadfast in the midst of seemingly unbridled North Korean threats? During a campaign rally in South Carolina on Saturday, Trump [...]
SEOUL, Sept. 26 (Korea Bizwire) — President Yoon Suk Yeol issued a stern warning against North Korea on Tuesday, saying the regime will be brought to an end by the South Korea-U.S. alliance if it uses nuclear weapons. Yoon made the remark during a speech marking the 75th Armed Forces Day, which is celebrated on [...]
SEOUL, Nov. 25 (Korea Bizwire) — A variety of South Korean businesses, including those specializing in automobiles, self-driving technology, semiconductors for automobiles, and telecommunications software will unite forces to create a connected car ecosystem. The Ministry of Trade, Industry and Energy announced that it hosted an inauguration ceremony for the Connected Car Alliance in Yeouido, [...]