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Czech governor calls for expanded Korean investment
Josef Belica, governor of the Moravian-Silesian region in the northeast of the Czech Republic, called for expanded Korean investment, citing the region’s strong industrial base, research capabilities in artificial intelligence and long-standing partnerships with South Korea. The region serves as a major hub for Korean investment and hosts one of Europe’s largest Hyundai factories. “After the signing of the nuclear deal, we see great potential not just in energy, but across diverse sectors. The E
Oct. 19, 2025 -
Kazakhstan calls for strengthened multilateral cooperation, dialogue in polarized world
ASTANA, Kazakhstan — Global scholars, diplomats and policymakers gathered in Kazakhstan’s capital city, Astana, to call for renewed trust and dialogue as geopolitical divisions continue to deepen across the globe. Hosted by the Kazakhstan Institute for Strategic Studies under the theme “From Polarization to Partnership: Rebuilding Trust in the International System,” the two-day Astana Think Tank Forum took place on Wednesday and Thursday, bringing together experts from 20 countries — including C
Oct. 19, 2025 -
DP expresses deep condolences over death of ex-Japanese PM Murayama
The ruling Democratic Party on Friday expressed deep condolences over the death of former Japanese Prime Minister Tomiichi Murayama, who was known for his historic apology to Asian victims of Japan's wartime aggression. "As prime minister of Japan, he was the first to explicitly acknowledge Japan's past as an act of 'aggression' and delivered a sincere apology along with a courageous recognition of history," Rep. Park Soo-hyun, chief spokesperson for the DP, said in a press release. Murayama, be
Oct. 17, 2025 -
US calls China's Hanwha sanctions attempt to undermine Korea-US cooperation, vows to stand 'firmly' with Korea
The State Department on Thursday criticized China's recent sanctions against five US-linked subsidiaries of South Korean shipbuilder Hanwha Ocean as an "irresponsible" attempt to hurt shipbuilding cooperation between Korea and the United States, vowing to stand "firmly" with the Asian ally. A spokesperson at the department made the remarks in response to a question from Yonhap News Agency, days after Beijing announced the sanctions on the subsidiaries of the Korean firm, seen as a key entity in
Oct. 17, 2025 -
Minister says 'uncertain' whether Trump will accept Korea's position against 'upfront' $350b payment
South Korea's Finance Minister Koo Yun-cheol said Thursday it remains uncertain whether US President Donald Trump can be persuaded into accepting Seoul's position against his demand for an "upfront" investment payment of $350 billion as part of a trade deal struck in July. Koo made the remarks in a meeting with reporters in Washington, D.C., as Seoul has balked at Trump's demand for a massive direct equity investment, which it has said could cause an adverse impact on Korea's foreign exchange ma
Oct. 17, 2025 -
Bessent expects outcome within 10 days from talks over Korea's $350b investment
US Treasury Secretary Scott Bessent said Wednesday that South Korea and the United States can resolve their differences over how to implement Seoul's $350 billion investment pledge, noting that he expects "something" to come "in the next 10 days." Bessent made the remarks during a press meeting, responding to a question from Yonhap News Agency about whether the two countries can bridge their gaps over Korea's investment package, which was pledged as part of a bilateral framework trade deal struc
Oct. 16, 2025 -
Trump claims again S. Korea has inked deal for 'upfront' $350b payment
US President Donald Trump claimed Wednesday that South Korea has signed a deal to make an "upfront" payment of $350 billion to invest in the United States, as Seoul and Washington strive to bridge differences over how to implement the investment package under a trade deal struck in July. Trump made the remarks during a press availability, hours after US Treasury Secretary Scott Bessent said that he expects "something" from trade negotiations with Korea to come within the next 10 days -- a remark
Oct. 16, 2025 -
Poland eyes agricultural exports to balance trade gap with S. Korea: deputy minister
Poland’s trade with South Korea hit a record $12 billion in 2024, a 7 percent increase from the previous year, according to government data. Despite the growth, Poland continues to face a large trade deficit with Asia’s fourth-largest economy. To help narrow that gap, Poland is pushing to open the Korean market to its agricultural products, Poland’s Vice Minister of Agriculture Adam Nowak said during a visit to Seoul. “Polish agro-products would balance Polish-Korean defense and overall cooperat
Oct. 15, 2025 -
Taiwan seeks deeper ties with South Korea via 'integrated diplomacy’
The Taipei Mission in Korea marked Taiwan’s 114th National Day on Friday, highlighting the island’s 'integrated diplomacy' rooted in shared democratic values with South Korea. Taiwanese National Day, also known as Double Ten Day, commemorates the 1911 Wuchang Uprising that led to the fall of China’s Qing Dynasty and the establishment of the Republic of China in 1912. Speaking at the event, Gow-wei Chiou, representative of the Taipei Mission in Korea, described Taiwan’s new diplomatic approach un
Oct. 15, 2025 -
Spain, Korea reaffirm growing ties on National Day
Spain and South Korea reaffirmed growing ties Tuesday while marking the Spanish National Day. Spain commemorates October 12 as the day Christopher Columbus arrived in the Americas in 1492 — a national celebration that now also symbolizes Spain’s global connections and partnerships. Speaking at the event, Spanish Ambassador to South Korea Julio Herraiz highlighted the 75th anniversary of Spanish-Korea ties and the establishment of a strategic partnership between the two nations in 2021. “In the f
Oct. 15, 2025 -
Georgian wine showcased in Seoul
Georgia showcased its 8,000-year-old winemaking tradition Monday with a wine-tasting in Seoul. Georgian Ambassador to Korea Tarash Papaskua said at the event that Georgia’s deep-rooted wine culture enriches Georgia-Korea ties. "More and more Koreans are discovering Georgia — just as an increasing number of Georgians are visiting Korea to experience the magic of K-culture, K-beauty and K-food," said Papaskua, referring to the K-pop group Izty's "Girls Will Be Girls" music video that was shot in T
Oct. 15, 2025 -
Govt. response team set to depart for Cambodia amid widening job scam crisis targeting S. Koreans
A joint government response team is set to depart for Cambodia on Wednesday amid an escalating job scam crisis involving the trafficking, torture and captivity of South Koreans, following public shock and fear sparked by the brutal death of a South Korean college student. The response team, consisting of officials from the foreign ministry, police and the spy agency, is scheduled to head for Phnom Penh later in the day, as it seeks to engage with high-level Cambodian government officials to addr
Oct. 15, 2025 -
Industry minister vows efforts to reach 'fair' tariff deal with US amid growing trade uncertainties
The South Korean government will do its "utmost" to reach a "reasonable" and "fair" tariff agreement with the United States, the industry minister said Monday, vowing efforts to safeguard Korea's economy amid growing uncertainties in global trade. "We are continuing talks with Washington to iron out differences over the details of the creation and management of Korea's investment package for the US, and will do our utmost to reach a reasonable and fair agreement (with the US) prioritizing our na
Oct. 13, 2025 -
Cardano founder Hoskinson eyes S. Korea for blockchain-AI collaboration
Charles Hoskinson, co-founder of the ethereum blockchain and CEO of Input Output, is setting his sights on South Korea as a hub for the next wave of innovation combining blockchain and artificial intelligence — technologies he believes can bring immense benefits to both the public and industry. During his recent visit to Seoul, Hoskinson met with tech leaders and industry stakeholders to explore collaboration opportunities. He praised the South Korean government’s plan to create a 100 trillion w
Oct. 13, 2025 -
Joint Europe R&D key to South Korea’s arms industry competitiveness: expert
To stay competitive in defense exports, international relations expert Przemyslaw Biskup, says that Seoul must swiftly pursue joint research, production and development projects with European partners such as Poland. “Success of launching joint programs based in Poland, between Korea and Poland, is quite important for Korea to keep exporting arms to Europe,” Biskup said, citing Poland’s role as a gateway to the European market. “European producers will push to keep the market for themselves,” me
Oct. 10, 2025