SEOUL, Oct. 17 (Korea Bizwire) – The South Korean Ministry of National Defense and the White House have voiced concerns over reports suggesting North Korea has sent troops to support Russia’s invasion of Ukraine, marking a potential escalation in military cooperation between Pyongyang and Moscow. On October 16, South Korea’s Defense Ministry stated they were “closely [...]
SEOUL, Aug. 23 (Korea Bizwire) — Five Russian university students have arrived in North Korea for a language program, marking Russian students’ first entry to Pyongyang after a four-year hiatus since the outbreak of the COVID-19 pandemic, the Russian Embassy in Pyongyang said Friday. The students from MGIMO University of the Russian Foreign Ministry visited [...]
SEOUL, Jun. 18 (Korea Bizwire) – As North Korea and Russia deepen ties across various areas, the two countries are now pursuing a joint project to safeguard the critically endangered Korean tiger, known as the Amur tiger, according to Russian officials. In comments reported by the state RIA Novosti news agency on June 17, Alexander Kozlov, [...]
SEOUL, May 8 (Korea Bizwire) – Hundreds of thousands of barrels of Russian naphtha, a crucial raw material for plastics and synthetic fibers, have been stranded at sea for over a week as South Korea, a major buyer, shuns cargoes from the nation following its invasion of Ukraine, according to Bloomberg. The standoff is a consequence [...]
SEOUL, Mar. 12 (Korea Bizwire) — The foreign ministry said Tuesday it has been providing consular assistance to a South Korean national arrested in Russia reportedly on espionage charges. Russia’s TASS news agency reported Monday that South Korean citizen Baek Won-soon has been held in the Lefortovo detention facility in Moscow since late February, and [...]
SEOUL, Feb. 22 (Korea Bizwire) — South Korea, the United States and Japan held inaugural director-level talks Thursday to discuss ways of enhancing trilateral cooperation on export controls in the commerce and industry sectors against Russia, Seoul’s industry ministry said. The inaugural Commerce and Industry Export Control Dialogue took place in Tokyo, as leaders of [...]
WASHINGTON, Feb. 12 (Korea Bizwire) — A U.S. diplomat on Monday highlighted America’s commitment to working in tandem with South Korea and Japan to address growing military cooperation between North Korea and Russia, which he said serves only to prolong Moscow’s war in Ukraine. Speaking at a forum, Robert Koepcke, deputy assistant secretary of state [...]
WASHINGTON, Jan. 8 (Korea Bizwire) — A U.S.-headquartered political risk consultancy named North Korea, Russia and Iran an “axis of rogues” in a report on its forecast of this year’s “top risks” on Monday, warning their deeper alignment and mutual support will pose a growing threat to global stability. Eurasia Group released the “Top Risks [...]
SEOUL, Dec. 19 (Korea Bizwire) – Hyundai Motor Co., South Korea’s largest automaker, said Tuesday it decided to sell its Russian manufacturing plant, which has been suspended due to the impact of the Russia-Ukraine war. The company said in a regulatory filing that the sale of Hyundai Motor Manufacturing Rus LLC in Saint Petersburg, Russia, was approved in an extraordinary board meeting held earlier in the day. The board also decided to sell General Motors [...]
SEOUL, Nov. 23 (Korea Bizwire) — Foreign Minister Park Jin held talks with his British counterpart to discuss growing North Korean threats and ways to boost their bilateral relations, Seoul’s foreign ministry said Thursday. In the breakfast meeting held in London on Tuesday (local time), Park and Foreign Secretary David Cameron voiced concerns over North [...]