Seoul, June 30 (IANS) The government plans to lower the resource security crisis warning for crude oil by a notch to Level 2, the vice industry minister said on Tuesday, following the stabilisation of global oil prices amid progress in peace talks between the United States and Iran.Vice Industry Minister Moon Shin-hak made the remark during a Cabinet meeting held at the presidential office, adding the alert for natural gas will be fully lifted as well, reports Yonhap news agency.South Korea oper…
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Seoul, June 2 (IANS) South Korea and Canada have discussed a deeper partnership in advanced industries, including space and defence, Seoul’s industry ministry said on Tuesday, as the country is making last-minute efforts to win Canada’s submarine project. The Ministry of Trade, Industry and Resources and the Korea Trade-Investment Promotion Agency (KOTRA) jointly hosted a business roundtable in Toronto on Monday (local time) to promote cooperation between Korean and Canadian companies.The event …