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S. Korea, Turkey initial FTA in service, investment sectors

South Korea and Turkey initialed a free trade agreement (FTA) for their investment and service sectors Thursday, which will complement a trade pact for products that went into effect last year.The new South Korea-Turkey FTA on service and investment will soon undergo reviews by each side a...

Updated : 2014.09.18 20:03

Opposition party picks five-term lawmaker as new interim leader

South Korea's main opposition party, engulfed in an internal feud over its policy toward President Park Geun-hye's handling of the aftermath of April's deadly ferry disaster, selected a five-term lawmaker as its new interim leader.Moon Hee-sang, 68, is set to be formally appointed as the i...

Updated : 2014.09.18 20:00

S. Korea green-lights N. Korea aid worth $13 mln

A South Korean government panel on Thursday approved the unification ministry's plan to provide North Korea with US$13.3 million in humanitarian aid via international organizations.Under the decision, the South will contribute $6.3 million to the World Health Organization's projects to hel...

Updated : 2014.09.18 19:59

Korea to hold eco-friendly U.N. biodiversity meeting

South Korea will endeavor to make a meeting on an environmental convention of the United Nations, slated for late this month, eco-friendly by building convention halls using environmentally-sound materials, officials said Thursday. The 12th meeting of the Conference of the Parties to the C...

Updated : 2014.09.18 19:58

S. Korea, Germany to ink deal on unification advisory panel

South Korea plans to ink a preliminary deal with Germany to create an advisory group in an effort to learn lessons from the European country's unification, Seoul's foreign ministry said Thursday.The two countries' foreign ministries are scheduled to sign a memorandum of understanding late ...

Updated : 2014.09.18 19:56

Experts press gov't to revamp procurement policy to boost helicopter industry

South Korea's government must revamp its outdated procurement policy to help fuel the growth of its helicopter industry that possesses good export potential, local experts said Thursday.In a meeting hosted by Korea Aerospace Industries Ltd. (KAI) in Seoul, researchers, government officials...

Updated : 2014.09.18 16:56

President Park to meet former Japanese leader

South Korean President Park Geun-hye plans to meet with a former Japanese prime minister later this week, an official said Thursday, amid a recent thaw in relations between the two neighbors.Park is set to meet with former Japanese Prime Minister Yoshiro Mori on Friday, presidential spokes...

Updated : 2014.09.18 15:57

(Photo News) Headed for Incheon

Lee Ho-yeon, a member of the Incheon Asian Games steering committee, lights the torch at Seoul Plaza two days before the event kicks off. The torch arrived in the host city of Incheon later in the day...

Updated : 2014.09.17 21:16

Apologetic NPAD chief returns

Main opposition party chief Rep. Park Young-sun said on Wednesday she would not leave the party, but would step down as interim chief.Park will also stay on as the New Politics Alliance for Democracy’...

Updated : 2014.09.17 21:15

Sewol bill to prolong Assembly impasse

Talks over the special Sewol bill are expected to continue for weeks, sources said Wednesday, after President Park Geun-hye called the demands regarding the bill made by the opposition and the bereaved families difficult to accept.Park on Tuesday said the most recent bipartisan agreement o...

Updated : 2014.09.17 21:05

‘U.S. offers to send envoy to free N.K. captives’

The U.S. has proposed consultations with North Korea over its plans to send a special envoy to secure the release of three Americans locked up in the reclusive country, a news report said Wednesday. T...

Updated : 2014.09.17 21:05

‘No clear framework of military contributions to anti-IS fight’

WASHINGTON (Yonhap) ― South Korea’s presidential national security adviser said Tuesday there hasn’t been any clear picture yet of military contributions the United States wants from a coalition of countries in the fight against the Islamic State militants.Kim Kwan-jin made the remark t...

Updated : 2014.09.17 21:05

Korea detains U.S. man trying to cross border

South Korean border guards arrested an American man who they believe was attempting to swim across the border into North Korea, a South Korean defense official said Wednesday.The man was arrested Tuesday night at a river near the Korean Demilitarized Zone, part of a restricted military are...

Updated : 2014.09.17 21:05

Korea, Japan to hold strategic talks: report

South Korea and Japan plan to resume their strategic dialogue ― stalled for over a year and a half ― next month as they explore ways to mend relations severely dented by feuds over wartime history, a news report said Wednesday. The talks will take place in Tokyo on Oct. 1 between Vice Fo...

Updated : 2014.09.17 21:04

Korea, U.S. to hold talks on nuke energy

South Korea and the United States will have another round of talks on renewing a bilateral nuclear energy pact in Vienna this weekend, Seoul’s foreign ministry said Wednesday.The delegates from South Korea and the U.S. plan to hold the 11th round of negotiations in Austria on Sunday on th...

Updated : 2014.09.17 21:04