South Korea’s exports have been dragged down by China’s economic slowdown and import slump. The East Asian country has experienced a continuing trade deficit for nearly a year due to being heavily dependent on China for both imports and exports. In the first two months of this year, South Korea’s trade deficit has nearly reached…
South Korea’s Trade Deficit Has Lasted for Nearly a Year Due to China Trade Dependence
South Korea’s Trade Deficit Has Lasted for a Year Due to China Trade Dependence
South Korea’s exports have been dragged down by China’s economic slowdown and import slump. The East Asian country has experienced a continuing trade deficit for nearly a year due to being heavily dependent on China for both imports and exports. In the first two months of this year, South Korea’s trade deficit has nearly reached…
North Korea Could Soon Launch Solid-Fuel ICBM: South Korean Spy Agency
North Korea may conduct large-scale military exercises and test its newly developed solid-fuel intercontinental ballistic missile (ICBM) as early as this month, South Korean’s National Intelligence Service (NIS) told South Korean lawmakers on Tuesday, Yonhap News Agency reported. The United States and South Korea have stepped up their joint drills as a defense measure. The speculation…
South Korea Announces ‘Historic’ Plan to Compensate Victims of Wartime Forced Labor
South Korea’s government announced a plan on Sunday that aims to resolve a long-running dispute on compensating Koreans forced to work under Japan’s colonial rule of the Korean Peninsula between 1910 and 1945. The move marks a step toward improving ties between the two nations and comes as South Korean President Yoon Suk-yeol seeks to bolster relations with Japan…
South Korean Court Upholds Constitution Mandating Foreign-Born Men Enlist Before Renouncing Citizenship
South Korea’s court on Wednesday dismissed the petition of a man challenging the constitutionality of the Nationality Act, which mandates military service before renunciation of South Korean citizenship. The man, who holds dual citizenship because he was born in the United States to South Korean parents, claimed that South Korea’s definition of intent to obtain…
US, South Korea Agree to Bolster Extended Deterrence Amid North Korean Threats
March 1, 2023
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The United States and South Korea have agreed on the need to further strengthen U.S. extended deterrence to counter North Korea’s growing nuclear threats, a U.S. defense official said on Tuesday. Pentagon spokesperson Brig. Gen. Pat Ryder said delegates from both nations discussed various approaches on the alliance deterrence posture following their tabletop exercise in…
‘No Hostile Intent’ Toward North Korea, US Says of Its Support for Regional Allies
The United States said on Monday that its security supports for regional allies serve no hostile aim toward North Korea, rejecting North Korea’s claims that joint military drills in the region are “provocative” actions. U.S. State Department spokesperson Ned Price said that North Korea’s recent missile launches pose a threat to the United States and…
US Nuclear Submarine Docks in South Korea Amid Threats From North
A U.S. nuclear-powered submarine docked in the South Korean port city of Busan on Saturday after North Korea conducted a “strategic” cruise missile drill last week. The U.S. Navy Korea announced in a Facebook post on Feb. 25 that the USS Springfield arrived in Busan for a scheduled port visit but did not elaborate on…
South Korea Scraps COVID Post-Arrival Test for Chinese Travelers
South Korea said on Wednesday that it would no longer require travelers from China to test for COVID-19 after arrival starting next month, the latest country to relax entry restrictions for Chinese travelers. Kim Sung-ho, a senior official at the Ministry of Interior and Safety, said the post-arrival testing requirement will be lifted on March…
US Says North Korea’s Missile Launch Highlights Destabilizing Impact of Kim Regime’s Weapon of Mass Destruction
The U.S. Indo-Pacific Command (INDOPACOM) said on Monday that it was consulting closely with regional allies following North Korea’s latest “destabilizing” ballistic missile launches, which North Korean state media boasted was suitable for “tactical nuclear attack.” The missile launches came just two days after the North Korean regime claimed it conducted an intercontinental ballistic missile…
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