Seoul, April 14 (IANS) South Korean foreign minister Cho Hyun said on Tuesday that the foreign ministry has dispatched envoys to Algeria and Libya and is seeking to send additional envoys to secure alternative supply routes amid the Middle East crisis.Cho made the remarks during a Cabinet meeting after President Lee Jae Myung called on the government to explore supply chain alternatives as the United States’ war against Iran has choked off the crucial Strait of Hormuz and disrupted maritime traf…
Latest Kang Hoon-sik News & Updates
Seoul, April 7 (IANS) South Korean President Lee Jae Myung was set to hold a meeting with leaders of the ruling and the main opposition parties Tuesday, officials said, as they were expected to discuss measures to mitigate economic fallout from the war in the Middle East.Lee is scheduled to meet with Democratic Party (DP) leader Jung Chung-rae, DP floor leader Han Byung-do, People Power Party (PPP) leader Jang Dong-hyeok and PPP floor leader Song Eon-seog at Cheong Wa Dae later in the day.Prime …
Seoul, April 7 (IANS) South Korea President Lee Jae Myung’s chief of staff said he will depart for Kazakhstan, Oman and Saudi Arabia later Tuesday to discuss ways to secure crude oil and naphtha supplies amid few signs of apparent progress toward a truce in the US-Israeli war with Iran.The planned visit by presidential chief of staff Kang Hoon-sik to the region comes as the government has been seeking to secure crude oil as the traffic through the Strait of Hormuz has been effectively closed, wi…
Seoul, March 18 (IANS) The United Arab Emirates (UAE) has pledged to supply crude oil to South Korea with top priority, President Lee Jae Myung’s top aide said on Wednesday, saying that a total of 24 million barrels of crude oil have been secured from the Gulf nation.Kang Hoon-sik, the presidential chief of staff, made the announcement in a briefing after returning from his trip to the UAE, amid concerns over global energy markets with the U.S.-Israeli attack on Iran and Tehran’s retaliatory str…
Seoul, Feb 11 (IANS) South Korean President Lee Jae Myung will host a luncheon with the leaders of the ruling Democratic Party (DP) and the main opposition People Power Party (PPP) later this week to discuss ways to seek bipartisan cooperation on the economy and other pending issues, Cheong Wa Dae said. Lee is scheduled to meet DP leader Jung Chung-rae and PPP leader Jang Dong-hyeok at Cheong Wa Dae on Thursday to have discussions on a wide range of state affairs, Kang Hoon-sik, the presidential…
Seoul, Feb 8 (IANS) The prime minister held talks with key ruling Democratic Party (DP) lawmakers and the presidential chief of staff on Sunday to discuss a special bill on implementing South Korea’s investment pledges to the United States and other pending issues, officials said.The meeting, held at the residence of the prime minister, came as rival political parties agreed last week to establish a special committee to handle the investment bill amid U.S. President Donald Trump’s tariff hike th…
Seoul, Feb 8 (IANS) South Korean Prime Minister Kim Min-seok is set to hold talks with key ruling Democratic Party (DP) lawmakers and the presidential chief of staff later Sunday to discuss a special bill on implementing South Korea’s investment pledges to the United States and other pending issues, officials said. The meeting, set for 5 pm at the residence of the prime minister, comes as rival political parties agreed last week to establish a special committee to handle the investment bill amid…
Seoul, Jan 28 (IANS) Hanwha Aerospace has secured an estimated $1.9 billion project to supply its K239 Chunmoo multiple rocket launcher systems to Norway, with the official contract expected to be signed this week, informed industry sources said on Wednesday.The contract is widely expected to be signed Friday in Oslo by Hanwha Aerospace and the Norwegian Defence Materiel Agency (NDMA), the sources with direct knowledge of the matter told Yonhap News Agency while speaking on condition of anonymit…