SEOUL, March 17 (Korea Bizwire) – Tours to the Joint Security Area (JSA), Demilitarized Zone (DMZ), and Northern Limit Line (NLL) remain consistently popular among foreign visitors. According to Cosmojin, a Korean travel agency, North Korea’s nuclear experiments, the shutdown of the Kaeseong Industrial Complex, and the rapid cooling of inter-Korean relations are stirring foreigners’ [...]
SEOUL, Feb. 23 (Korea Bizwire) – South Korea and the United States held working-level consultations here Tuesday on tightening the screw on North Korea for its provocations, the Foreign Ministry said. Kim Gunn, the ministry’s director general for North Korean nuclear affairs, met with Jennifer Fowler, deputy assistant secretary of treasury for terrorist financing. They [...]
SEJONG, Feb. 18 (Korea Bizwire) – South Korea will make efforts to prevent rising North Korean risks from hampering foreign investment in the country following North Korea’s latest nuclear test and rocket launch, the trade minister said Thursday. After carrying out an alleged hydrogen bomb test in early January, Pyongyang defiantly launched a long-range rocket [...]
SEOUL, Feb. 17 (Korea Bizwire) – North Korean Foreign Minister Ri Su-yong will attend a U.N. human rights meeting to open in Geneva later this month, an official of the organization said Wednesday. Ri plans to deliver a speech at the 31st session of the U.N. Human Rights Council on March 1, according to the [...]
SEOUL, Feb. 12 (Korea Bizwire) – North Korea ordered all South Koreans on Thursday to immediately leave a joint industrial park in the North and froze all South Korean assets there in retaliation for Seoul’s suspension of the complex. The North’s move to expel South Koreans from the Kaesong Industrial Complex in the North’s border [...]
SEOUL, Feb. 10 (Korea Bizwire) – The National Assembly endorsed a resolution censuring North Korea’s recent rocket launch on Wednesday, demanding additional retaliation measures from the Seoul government. The resolution, which was put to a vote during an extra session, was passed 243-0, with five abstentions, three days after the North fired off a long-range [...]
SEOUL, Feb. 10 (Korea Bizwire) – The South Korean government said Wednesday the local economy remains intact despite the latest provocations made by North Korea, adding it will roll out market stabilization measures in case of any contingencies. “There have been no special trends after North Korea’s missile launch during the holiday,” Vice Finance Minister [...]
SEOUL, Feb. 9 (Korea Bizwire) – The satellite North Korea launched into space earlier this week has achieved orbit, but whether it is operating normally has not been verified, the Defense Ministry said Tuesday. On Sunday, the North launched a rocket carrying the Kwangmyongsong-4 satellite, but the outside world viewed it as a cover for [...]
SEOUL, Feb. 8 (Korea Bizwire) – The parliamentary committee on foreign affairs unanimously adopted a resolution on Monday, condemning North Korea’s defiant launch of a long-range missile a day earlier. On Sunday, North Korea lifted off what it claimed to be a rocket carrying a satellite in defiance of a series of United Nations’ resolutions [...]
SEOUL, Feb. 8 (Korea Bizwire) – The U.N. Security Council strongly condemned North Korea’s long-range rocket launch Sunday, vowing to “expeditiously adopt a new resolution” with significant measures and calling the launch a “dangerous and serious violation.” “The members of the Security Council strongly condemn this launch,” Venezuelan U.N. Ambassador Rafael Dario Ramirez Carreno, the [...]