Latest Export-Import Bank of Korea News & Updates

Seoul, May 30 (IANS) Kenya’s top diplomat has hinted at seeking South Korean cooperation in areas of rare earth refinement and nuclear energy, signalling Nairobi’s desire to expand bilateral cooperation beyond traditional development assistance.In a written interview with Yonhap News Agency, Kenyan Foreign Minister Musalia Mudavadi expressed hope to work with South Korea to produce greater value from his country’s rare earth mineral resources.”The real potential in rare earth elements lies in th…

Seoul, Dec 22 (IANS) The government has completed the development of core technologies for a next-generation high-speed train capable of operating at 370 kilometers per hour (kph), making it the world’s second-fastest high-speed train in terms of operating speed, the transport ministry said on Monday.The technologies for the envisioned train, named EMU-370, have a technically designed maximum speed of 407 kph. It was developed under a national research and development (R&D) program, accordin…