South Korea exports hit all-time high in 2021

With the strong sales of major industries and growth of new industries, South Korea’s exports posted USD 644.5 billion, the highest ever, in 2021. The trade amount, which encompasses exports and imports, also hit a record high of 1.2596 trillion won, ranking 8th in the world in nine years. According to the ‘2021 Annual Export […]

Unidentified person crosses militarized border from South Korea to North Korea

An unidentified person crossed the heavily militarized border from South Korea into North Korea on Sunday. As per the South Korean military, the person was spotted at the eastern front of the Demilitarized Zone (DMZ) at around 9:20 pm local time on Saturday, reported CNN. South Korea’s Joint Chiefs of Staff (JCS) said that the person was […]

Australian ministers will embark on joint visit to Indonesia, India, South Korea, US

Australia’s Foreign Minister Marise Payne and Defence Minister Peter Dutton will be visiting Indonesia, India, South Korea and the United States, Australia’s Foreign Ministry said in a statement on Wednesday. This joint visit will attempt to advance Australia’s relationship with their close friends and strategic partners in the Indo-Pacific region, […]

South Korea flag carrier to hire new pilots in preparation of ‘Post-Covid-19 Era’

In order to prepare increased passengers and cargo transport in the post-COVID-19 era, Korean Air is going to hire new pilots. Korean Air announced on the 19th that it will recruit new pilots, who have military experience or civilian experience, in 2022. It will receive application documents by the 27th of next month, and the number […]

South Korea and Kazakhstan to strengthen cooperation in automotive, resource area

South Korea and Kazakhstan will strengthen their cooperation in the economic sector, including the automobile industry and resources. Moon Seung-wook, Minister of Trade, Industry and Energy attended the “Korea-Kazakhstan Business Round Table” held on Tuesday (August 17). The meeting was held on the occasion of Kazakh President Kassym-Jomart Tokayev’s visit. It is the first […]

North slams US-South Korea military drills, casts doubt on North-South summit

The Democratic People’s Republic of Korea (DPRK) on Sunday night urged South Korea to cancel its regular joint military exercises with the United States and said a North-South leader-level summit remains unlikely in the short term, the official Korean Central News Agency reported. The joint military drills are “an undesirable prelude which seriously undermines the will […]

North , South Korea agree to restore severed communication links

North and South Korea restored their cross-border communication lines that had been severed for over a year, the South Korean presidential office said on Tuesday. An official statement said that the two Koreas decided to resume their direct communication hotlines as of 10:00 am local time. This comes 13 months after North Korea cut off all communication lines with South […]

US, South Korea willing to reduce tensions by diplomatic steps towards North Korea

The United States and South Korea are deeply concerned about the issue of the denuclearization of North Korea and willing to reduce tensions via diplomatic steps, US President Joe Biden said during a joint press conference with South Korean President Moon Jae-in. “My team consulted closely with President Moon’s team throughout the process of our DPRK [North Korea policy] review, […]