Latest National Assembly News & Updates

Seoul, Feb 13 (IANS) India and South Korea held the sixth Foreign Policy and Security Dialogue (FPSD) on Friday, reviewing bilateral ties, including sharing the views on high-level exchanges, economic and commercial issues, security and defence, science and technology, cultural and people-to-people ties. The two sides also agreed to work to further enhance Special Strategic Partnership between both nations. Secretary (East) at the Ministry of External Affairs (MEA), P Kumaran and South Korea’s V…

Islamabad, Feb 11 (IANS) Elected lawmakers in Pakistan seem to be detached from their most basic responsibility of attending parliament when the country is grappling with economic recovery and political polarisation. Pakistan Prime Minister Shehbaz Sharif and Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari did not attend a single sitting during the 23rd session of the National Assembly, a report has highlighted. According to a latest report by Free and Fair Election Network (FAFEN) …

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…

Islamabad, Feb 11 (IANS) Pakistan’s Defence Minister Khawaja Asif has made a striking admission regarding the country’s historical alignment with the United States, accusing Washington of exploiting Islamabad for its strategic interests before abandoning it once its objectives were achieved.Speaking in Pakistan’s National Assembly, Asif acknowledged the country’s controversial past links with terrorism, describing them as errors made during periods of military rule. He stated that Pakist…

Seoul, Feb 10 (IANS) Financial authorities began a formal investigation on Tuesday into Bithumb, a local crypto exchange, to determine how it was able to pay out over 60 trillion won ($41.2 billion) in bitcoins it apparently did not have, industry sources said.Regulators informed the crypto exchange Monday that an investigation will be conducted, three days after they conducted an on-site inspection, according to the sources, reports Yonhap news agency.”We are taking this case very seriously,” a…

Seoul, Feb 10 (IANS) Exports of large companies in South Korea rose approximately 10 per cent on-year in the fourth quarter, boosted by a rise in global semiconductor demand, government data showed on Tuesday.Outbound shipments from the top 917 of the country’s 70,223 exporting firms came to US$128.1 billion as of end-December, up 10.1 percent from a year ago, according to the data compiled by the Ministry of Data and Statistics, reports Yonhap news agency.The growth was primarily led by semicon…

Seoul, Feb 9 (IANS) South Korea’s Foreign Minister Cho Hyun said Monday that US Trade Representative Jamieson Greer told him the United States will revert reciprocal tariffs to the pre-agreement level of 25 per cent if Seoul makes no progress on addressing non-tariff barriers. Cho shared details with lawmakers of his meeting with Greer in Washington last week, as Seoul seeks to keep the trade deal with the ally intact following US President Donald Trump’s warning of raising the tariff rate from …

Islamabad, Feb 9 (IANS) Political parties in Pakistan seem to be losing the capacity to see critical national issues through a national prism which was reflected in the recent discussion on Balochistan in National Assembly and the Senate, a report has stated. “In this context, the parliamentary debate on Balochistan revealed rare unanimity, but also the absence of introspection. Across party lines in both the National Assembly and the Senate, lawmakers converged on two broad premises: first, tha…

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 5 (IANS) South Korea’s Police on Thursday requested arrest warrants for a lawmaker and a former Seoul city councillor embroiled in a bribery scandal linked to the 2022 local elections.The warrants were sought for Rep. Kang Sun-woo, an independent who formerly belonged to the ruling Democratic Party (DP), and Kim Kyung, who until recently served as a Seoul city councillor, reports Yonhap news agency.Kim is accused of offering 100 million won (US$68,500) to Kang in exchange for a DP nom…