S. Korea warns of ‘corresponding measures’ against Japan’s export curbs
South Korea’s finance minister warned Thursday of “corresponding measures” against Japan’s move restricting key supplies for the nation’s semiconductor and display industries, in a major escalation of a long-simmering row over compensation for wartime forced labor. The diplomatic conflict between South Korea and Japan, which have close economic ties despite strains over history and territory, […]
S. Korea calls Japan’s export restrictions economic retaliation
South Korea’s finance minister on Thursday pressed Japan to withdraw its export restrictions, denouncing them as an economic retaliation. Hong Nam-ki, the minister of economy and finance, said South Korea will decide when to file a complaint with the World Trade Organization over Japan’s decision as soon as an internal review is over. “We believe […]
FM says ‘complete denuclearization’ remains S. Korea’s goal
South Korea’s goal in the North Korean nuclear issue is none other than complete denuclearization, Foreign Minister Kang Kyung-wha said Wednesday, amid speculation that the United States may settle for a nuclear freeze. Talk of a nuclear freeze rose significantly after a New York Times report that U.S. officials may abandon their goal of getting […]
In digitized S. Korea, going cashless not an option
Throughout history, a new invention or technological advance has often allowed people to carry less with them. For instance, the invention of coins helped reduce the burden of people carrying loads of goods they wished to trade. Just decades ago, it would have been considered unwise, or even unthinkable, for a person to carry a […]
S. Korea: gov’t to set 5-year plan on animal welfare
South Korea’s agriculture ministry said Wednesday it is drawing up a five-year plan on improving the welfare of animals in the country, which will focus on adopting tougher regulations against animal cruelty and providing them with a better living environment. Under the 2020-2024 plan which is anticipated to be announced in December, the South Korean […]
Seoul hopes DMZ meeting will serve as ‘turning point’ in denuclearization, advance cross-border ties
The historic meeting held at the inter-Korean border between the leaders of the two Koreas and the United States will serve as a “turning point” in nuclear talks and contribute to advancing inter-Korean relations, the unification ministry said Monday. On Sunday, U.S. President Donald Trump and North Korean leader Kim Jong-un held a one-on-one meeting […]
From world’s most dangerous border to symbol of peace, DMZ making new history
The world’s spotlight was on the Demilitarized Zone (DMZ) that separates the two Koreas and the truce village of Panmunjom on Sunday as U.S. President Donald Trump and North Korean leader Kim Jong-un had a surprise encounter there. In accordance with the armistice agreement that ended the 1950-53 Korean War, the DMZ was established by […]
Moon, Modi seek synergy between their signature regional strategies
The leaders of South Korea and India agreed Friday to step up efforts for synergy between their key diplomatic strategies aimed at broadening partnerships with more countries in Asia. President Moon Jae-in and Prime Minister Narendra Modi had bilateral talks in Osaka on the sidelines of the Group of 20 summit. “They discussed ways for […]
S. Korea completes administrative procedures for planned food aid to N.K.
South Korea completed administrative procedures necessary to carry out its decision to send 50,000 tons of rice in aid to North Korea via a U.N. agency, the unification ministry said Friday. Last week, the ministry unveiled the food aid plan, saying it will deliver domestically harvested rice to the North through the World Food Programme […]
S. Korea: Police on high alert nationwide ahead of Trump’s visit
Police have been put on high alert nationwide one day ahead of U.S. President Donald Trump’s two-day visit as a number of rallies for and against the visit are scheduled, the National Police Agency said Friday. “We put police in Seoul at the highest level of alert at 9:00 a.m. Friday,” the agency said. The […]