Dialogue with N. Korea can succeed when disturbing actions are avoided: Pres. Moon 2019-08-19 16:12:55 KST
News Keywords Nat'l/Politics North Korea Economy IT/Science Foreign Policy World Life/Culture Sports Weather High levels of radiation found in processed foods imported from near F 2019-08-19 S. Korea to create inter-ministry committee on parts, materials and eq 2019-08-19 100-day countdown starts for Busan hosting of S. Korea-ASEAN special s 2019-08-19 N. Korea looks to diversify tourists, attract more Europeans 2019-08-19 N. Korea could soon deploy new ballistic missile, guided MRL, tactical 2019-08-19 S. Korea at critical diplomatic juncture 2019-08-19 Trump says Apple is concerned about losing edge to Samsung Electronics 2019-08-19 Japan's trade balance posts deficit in July; exports to Korea down 6.9 2019-08-19 Apple reveals its number of employees in S. Korea for first time 2019-08-19 Samsung Tests How 5G Can Improve Chip-Making 2019-08-16 Korean researchers discover key to Alzheimer's treatment through brain 2019-08-16 Top Korean gaming companies fostering healthy, productive E-sports sta 2019-08-14 1.1 mil. tons of radioactive water to flow into East Sea in 1 year of 2019-08-14 S. Korea, U.S. renewed Mutual Airlift Support Agreement last month 2019-08-14 Many international media outlets forecast Seoul-Tokyo trade tensions t 2019-08-13 Surge in number of Hong Kong residents seeking relocation to Taiwan: S 2019-08-19 Expert's view of Hong Kong protests 2019-08-19 Iceland holds funeral for its first lost glacier 2019-08-19 Anti-Japanese sentiment moving Korean tourists elsewhere for Chuseok h 2019-08-19 Seoul City to increase number of car-sharing-only parking lots to prov 2019-08-19 'Arirang' performed in Mexico City to mark centennial of Korea's Provi 2019-08-19 K League to sue over exhibition match in which Ronaldo refused to play 2019-08-16 Hur Mi-jung sets 72-hole tournament record at 20 under par to capture 2019-08-12 LA Dodgers' Ryu Hyun-jin grabs his 12th win of the season against Ariz 2019-08-12 Heat expected to ease with this week's rain 2019-08-19 Final part of summer this afternoon 2019-08-19 Heat alerts reissued in Seoul, sporadic rain in some parts 2019-08-19
Issue Now S. Korea-Japan Trade Row Anti-Japanese sentiment moving Korean tourists elsewhere for Chuseok holiday 2019-08-19 High levels of radiation found in processed foods imported from near Fukushima: Report 2019-08-19 S. Korea urges Japan to present clear, detailed plan for Fukushima water 2019-08-19 Japan's export curbs merely relieve stress on Abe gov't: Japanese economist 2019-08-19 S. Korea forms field support team to aid companies facing trouble due to Japan's export curbs 2019-08-19 So far, WTO has ruled in favor of S. Korea in disputes with Japan 2019-08-19 N. K's recent missiles pose bigger threat S. Korea at critical diplomatic juncture 2019-08-19 N. Korea could soon deploy new ballistic missile, guided MRL, tactical missile system: Pun... 2019-08-19 N. Korea releases photos from latest test of weapon resembling U.S. ATACMS 2019-08-17 N. Korea releases photos from latest test of weapon resembling U.S. ATACMS 2019-08-17 North Korea missile analysis 2019-08-16 N. Korea conducts sixth launch of projectiles towards East Sea in three weeks 2019-08-16
Most Popular Moon promises to build 'unshakable nation' at 74th Liberation Day Building an unshakable nation, that was the theme of President Moon's message to mark August 15th, the nation's Liberation Day, celebrating the end of Japan's colonial rule in 1945. "Today, I renew my commitment to meeting the aspirations of the people to build an unshakable nation by reminding myself of our people who have demonstrated remarkable resilience in the face of a series of crises." Speaking during a national ceremony held at the Independence Hall of Korea in Cheonan, Chungcheongnam-do Province, President Moon Jae-in said the nation should become a responsible economic powerhouse and cooperate with Japan on an "equal" footing. Referring to Japan's retaliatory trade restrictions against South Korea, launched at the start of July, the president sent out a clear message that his nation will overcome such trade controls. "In the face of Japan's unwarranted export restrictions, we will continue our determined march toward being a responsible economic powerhouse." Highlighting that the neighbors should overcome the past and move towards the future, the president said Japan should stop using trade as a "weapon." "Within the international division of labor, if any country weaponizes a sector where it has a comparative advantage, the peaceful free trade order will inevitably suffer damages. A country that achieved growth first must not kick the ladder away while others are following in its footsteps." This, in reference to Japan recently removing South Korea from its whitelist of trusted trade partners, in apparent retaliation for Seoul's handling of the issue of compensation to Korean victims of Japan's wartime forced labor. But President Moon "gladly" left the door open for possible dialogue between Seoul and Tokyo, should Japan choose the path of cooperation. This follows the administration's two-track approach in resolving historical issues separately while pursuing a future-oriented relationship. And the president said he hopes Japan can play a leading role in building peace and prosperity in the region. Speaking on the upcoming Tokyo Olympics slated for next year, President Moon said it will continue an unprecedented series of Olympics being held in East Asia with Tokyo 2020 coming in between the 2018 PyeongChang Winter Olympics and the Beijing Winter Olympics in 2022. And the preisdent called it a "golden opportunity" to solidifying the "framework of friendship and cooperation" and to move onto the path toward common prosperity. Shin Se-min, Arirang News. 2019-08-16 North Korea missile analysis Today's missile launches come following a series of North Korea's previous launches in recent weeks, most of them, according to the South Korean military, were short-range ballistic missiles. While analysis by the government is still ongoing the defense ministry says today's missiles are also presumed to be short-range ballistic missiles. To get some more clues, let's now bring in Dr. Woo Jung-yeop, of Sejong Institute. Thanks for joining us. 1. Today's missiles flew some 2-hundred-30 kilometers, recording a maximum altitude of some 30 kilometers. North Korea has been firing a new type of short-range ballistic missile recently and today was no exception. Why is North Korea sticking to short-range ballistic missiles? 2. Today's missiles were fired off Tongchon county, North Korea's eastern coastal county that's located only 50 kilometers North of the Military Demarcation Line. What do you read from the quite rare launch location? 3. This is North Korea's sixth missile launch in three weeks, and the eighth this year alone. Do you expect Pyeongyang to halt its provocative acts once the joint South Korea-U.S. drills are over? 2019-08-16 In-depth: Global market wrap-up It's time now for an in-depth look at the markets on this Friday, and for that, I'm joined on the line by Dr. Kim Seiwan, professor of economics at Ewha Womans University. Dr. Kim, thank you for coming on today. Thank you. In his speech yesterday for National Liberation Day, President Moon did address Japan's economic retaliation against Korea. Korea's going to move ahead steadily as a responsible economic power. What was in that message, and where do you see the economic competition or cooperation, as it were, going in the future? The Korean government announced this week that it's taking Japan off its own trade whitelist, effective probably sometime next month. What products are targeted by this measure and how much effect do you see it having? Responding to Japan's trade curbs, finance minister Hong Nam-ki has announced budget support worth more than 2 trillion won for the parts, materials and equipment industries. What's he trying to do, and how effective do you think this will be? In his trade war with China, President Trump has decided to delay a new round of tariffs on China that were going to take effect next month until December. Why might he have done that, and what are the products that'll be affected by these tariffs? Some are saying this delay in the tariffs is a good sign for the trade war, investors responding positively to it. Others saying it doesn't mean that much in terms of an actual resolution. What do you think? Alright Dr. Kim. That's where we'll have to leave it today. Thank you for coming in today. We appreciate it. 2019-08-16 So far, WTO has ruled in favor of S. Korea in disputes with Japan Of the six disputes between South Korea and Japan brought so far to the World Trade Organization, three of them have been concluded in favor of South Korea. Seoul filed a complaint with the WTO in 2004 calling for Japan to remove its quota on imports of Korean seaweed. South Korea withdrew its complaint two years later when Japan decided to raise the quota. In 2006, Tokyo imposed tariffs of 27 percent on DRAM made by SK Hynix, causing another WTO dispute. The WTO eventually ruled in favor of South Korea in April 2009 and Japan had to lift the tariffs. The most recent dispute settled was about South Korea's ban on imports from Japan's Fukushima region because of radiation in the water. Tokyo claimed Seoul's decision went against the international trade agreement, but the WTO sided with South Korea in April. Then there are three cases in progress all filed by Tokyo. Japan filed a complaint in June 2016, claiming that South Korea's anti-dumping duties imposed on Japanese air pressure control valves violated WTO regulations. And in June last year, Tokyo filed another complaint, accusing Seoul of putting illegal anti-dumping duties on Japanese stainless steel bars. The WTO's Dispute Settlement Body formed a subcommittee in January to deal with that case. Lastly, Japan has claimed that the South Korean government's restructuring measures injecting public funds into the struggling shipbuilding industry violated the WTO's agreement on subsidies. Kan Hyeong-woo, Arirang News 2019-08-19
