Latest Lee Jae Myung administration News & Updates

South Korea Urges North Korea to Return to Dialogue to Ease Tensions

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Seoul, Jan 2 (IANS) South Korea’s Unification Minister Chung Dong-young urged North Korea to return to dialogue Friday, saying South Korea is ready to talk with the North “on any agenda” to ease inter-Korean tensions. Chung made the remarks in his New Year’s message during a ceremony at the government complex in Seoul, stressing that the two Koreas must “end inter-Korean hostilities this year.””The Lee Jae Myung administration, as a sovereign government, will fully support exchanges in the priva…

South Korea’s Annual Exports Exceed $700 Billion for the First Time

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Seoul, Dec 29 (IANS) South Korea’s annual exports surpassed US$700 billion for the first time on Monday, making the country the sixth in the world to reach the milestone, government data showed.Outbound shipments tentatively exceeded the mark at 1:03 p.m., according to the data from the Ministry of Trade, Industry and Resources and the Korea Customs Service, reports Yonhap news agency.South Korea followed the United States, Germany, China, Japan and the Netherlands in surpassing the milestone, t…