Posts tagged as South Korea

North Korea blows up inter-Korea office, raising tensions

Tuesday, June 16, 2020

North Korea blew up an inter-Korean liaison office building just north of the heavily armed border with South Korea on Tuesday in a carefully choreographed display of anger that sharply raises tensions on the Korean Peninsula and puts pressure on Washington and Seoul amid deadlocked nuclear diplomacy. The demolition of the building, which is located on North Korean territory and had no South Koreans working there, is largely symbolic. But…

Why South Korea’s K2 Black Panther Tanks Are Headed To Poland

By Charlie Gao on Friday, February 14, 2020

Key point: In a competition between the M1 Abrams and the K2 Black Panther, the Black Panther has some advantages. On January 17, 2020, The Korea Times reported that the Korean industrial concern Hyundai Rotem was favored to win an upcoming 9 billion tank development deal with the Polish Ministry of Defense. If the deal goes through, Poland will likely procure and/or build a variant of the K2 Black Panther…

Estonia to open embassies in South Korea and Singapore

Tuesday, February 4, 2020

At its meeting on 30 January, the Estonian government approved the plan to open Estonian embassies in the Republic of Korea and the Republic of Singapore. “Opening an embassy in Seoul is important for bilateral relations with South Korea and the Asian region in general,” the Estonian foreign ministry said in a statement. “One of the main reasons for opening an embassy in Singapore is boosting business ties and supporting…

U.S. Secretary of Defense pressed South Korea to pay more for stationing U.S. troops

Friday, November 15, 2019

U.S. Secretary of Defense Mark Esper pressed South Korea on Friday to pay more for the cost of stationing U.S. troops in the country and to maintain an intelligence-sharing pact with its other Asian ally Japan that Seoul is about to let lapse. Speaking after a high-level defence policy meeting with his South Korean counterpart Jeong Kyeong-doo, Esper also said the two countries have to be flexible in modifying their…

Estonia to buy more military equipment from South Korea

Thursday, October 3, 2019

The Ministry of Defence will buy six more K9 Thunder self-propelled guns from South Korea, after purchasing an initial 12 last year, due to an unexpected boost to the defense budget, Postimees reported on Thursday. The initial purchase of 12 K9s cost €46 million which included training, maintenance and spare parts and the six additional weapons will cost another €20 million. The purchase is possible because several defense procurements this year…

US, South Korea start low-key joint military drills after North Korean missile tests

Monday, August 5, 2019

The United States and South Korea began joint military exercises on Monday but kept them low-key to avoid provoking North Korea, which has warned the drills could derail efforts to resume nuclear negotiations. The allies declined to officially announce the two-week exercise had begun or provide details, but several officials confirmed they were underway. The quiet start was in sharp contrast to past years, underscoring the desire of Seoul and…

South Korean political parties back Moon in Japan trade row

Thursday, July 18, 2019

Setting aside their usual bickering, South Korean liberal and conservative parties on Thursday vowed to cooperate to help the Seoul government prevail in an escalating trade row with Japan. After a meeting between the parties’ leaders and South Korean President Moon Jae-in at Seoul’s presidential office, they announced plans to create a “pan-national” emergency body to respond to tighter Japanese trade controls on certain technology exports to South Korea. The…

Japan to restrict exports to South Korea, citing less trust

Monday, July 1, 2019

Japan is imposing restrictions on exports to South Korea, citing a decline in “relations of international trust” between the Asian neighbors. The Ministry of Economy, Trade and Industry said a review soliciting public comments starts Monday on the move to effectively remove South Korea from a list of so-called “white nations,” like the U.S. and European nations, that have minimum restrictions on trade. Starting Thursday, Japanese manufacturers must apply for…

South Korea pushes back at Trump claims about more money for troop agreement

Wednesday, February 13, 2019

South Korea’s presidential Blue House pushed back on Wednesday against comments by U.S. President Donald Trump that suggested Seoul had agreed to pay $500 million more toward maintaining U.S. troops in the country. Trump said at a cabinet meeting in Washington on Tuesday Seoul had agreed to pay $500 million more as part of an agreement sharing the cost of keeping roughly 28,500 American troops stationed in South Korea. “They…

Scandal: Former South Korean president is jailed 15 years for bribery

Friday, October 5, 2018

South Korean court has sentenced former President Lee Myung-bak to 15 years in prison over a slew of corruption charges. The Seoul Central District Court issued the sentence on Friday after convicting Lee of bribery, embezzlement and other charges. Lee, who posted a handwritten note on Facebook denying the most of the charges, has one week to appeal. The 76-year-old served as president from 2008-2013 and has been held at…