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Reporter : Nam Hyun-woo
Thu, June 1, 2023 | 10:50
Yoon, Biden to sign statement detailing US extended deterrence
WASHINGTON, D.C. - President Yoon Suk Yeol and U.S. President Joe Biden will sign a special statement during their upcoming summit in Washington, D.C., detailing strengthened U.S. extended deterrence to protect South Korea. Yoon is now on a six-day state visit to the U.S. and the summit will take place on Wednesday (local time).
7 US firms to invest $4.4 bil. in Korea
WASHINGTON D.C. ― Seven U.S. companies will make a combined investment of $4.4 billion in Korea, with Netflix alone slated to invest $2.5 billion to create Korean cultural content over the next four years.
Yoon arrives in Washington on six-day state visit
WASHINGTON D.C. - President Yoon Suk Yeol arrived in Washington D.C., Monday (local time), as he kicked off his six-day state visit to the United States. During his stay, he will hold a summit with U.S. President Joe Biden and celebrate the 70th anniversary of the bilateral alliance. Yoon will stay in the U.S. until April 29 and attend a slew of ceremonies commemorating the a...
Strengthening deterrence against NK threats to top agenda at Yoon-Biden summit
Strengthening the U.S.' extended deterrence for South Korea is expected to top the agenda of a summit between Presidents Yoon Suk Yeol and Joe Biden, as attention grows on whether Seoul can secure a presence in Washington's nuclear planning for the Korean Peninsula, according to officials and analysts, Sunday. Yoon will depart for Washington D.C., Monday, for a seven-day stat...
S. Korea-Russia ties sour after Yoon's remarks on Ukraine war
Relations between South Korea and Russia are deteriorating rapidly. Moscow has made thorny responses to President Yoon Suk Yeol's remarks that Seoul may provide military aid to Ukraine if there is a situation that the international community cannot condone.
More than 120 biz leaders to accompany Yoon on US state visit
President Yoon Suk Yeol will be accompanied by an entourage of more than 120 Korean business leaders during his state visit to the United States next week. The trip comes as the two countries mark the 70th anniversary of their alliance and seek to strengthen economic partnerships in advanced technologies. The two countries are also expected to sign a raft of memoranda of unde...
Seoul's new stance on Ukraine war expected to affect inter-Korean relations
President Yoon Suk Yeol signaled a shift in South Korea's policy stance on the war between Ukraine and Russia, opening the door for Seoul to possibly provide military aid to Kyiv. Experts said this will likely have a ripple effect on the diplomatic dynamics in Northeast Asia, especially inter-Korean relations.
Yoon says ROK-US alliance undeterred by spying allegations
President Yoon Suk Yeol said Tuesday that the U.S. and Korea share “a resilient, value-based alliance” which can “address any problem” between them. The latest comments appear to be an effort to downplay possible friction with Washington stemming from allegations that the United States may have spied on Korea's presidential secretaries. “The relations between Korea and the U....
Nepotism by labor unions at top of reform agenda
President Yoon Suk Yeol is recalibrating his focus on reforming South Korea's labor union culture, an agenda that salvaged his dismal job approval ratings months ago, in an apparent effort to work his way out of a string of diplomatic controversies weakening his grip on state affairs. During a Cabinet meeting, Tuesday, Yoon slammed some companies' hiring practice of giving fa...
Major parties see public support wane amid controversies
The popularity of the main opposition Democratic Party of Korea (DPK) and the ruling People Power Party (PPP) have both entered a downward spiral as infighting continues and a bribery scandal draws the public's ire.
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