SEOUL, Feb. 23 (Korea Bizwire) – South Korea agreed Friday to strengthen military cooperation with Switzerland and Latvia as the countries’ defense chiefs met in Seoul. South Korean Defense Minister Song Yong-moo had separate talks with his counterparts, who are visiting to attend the closing ceremony of the PyeongChang Winter Olympics, according to his ministry. [...]
SEOUL, Feb. 15 (Korea Bizwire) – Latvia is investigating a local bank suspected of illegal trading related to North Korea’s weapons system, the Latvian top diplomat said Wednesday. The investigation comes as the United States has reportedly imposed sanctions on the Latvian bank ABLV for its financial transactions with North Korean entities blacklisted by the United Nations Security Council. The Latvian bank’s financial transactions contributed to North Korea’s illicit procuring for or [...]