Latest President Lee Jae Myung News & Updates

Seoul, March 21 (IANS) South Korea’s President Lee Jae Myung on Saturday visited the site of a fire at an automobile parts plant in the central city of Daejeon to inspect relief efforts and meet with bereaved families and victims.Lee made the visit a day after the blaze, which left at least 14 people dead and 59 others injured, including two firefighters, reports Yonhap news agency.He was briefed on the casualties and ongoing disaster response, and urged fire authorities to take measures to prev…

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, March 8 (IANS) The government is considering adopting a price cap system for oil for the first time in nearly 30 years, sources said on Sunday, amid concerns over rising energy prices following the escalating conflict in the Middle East.Officials began reviewing the possibility after surging global crude prices were reflected almost immediately in domestic fuel prices, rather than after the typical two-week lag, following U.S.-Israeli strikes on Iran and Tehran’s retaliatory attacks in th…

Seoul, Feb 25 (IANS) The government unveiled on Wednesday a series of measures aimed at promoting inbound tourism across South Korea, including easing of visa rules and expanding entry points at regional airports.The measures were announced during an expanded national tourism strategy meeting held at the presidential office Cheong Wa Dae and chaired by President Lee Jae Myung, with the attendance of officials from relevant ministries, reports Yonhap news agency.Under the proposed measures, the g…

Seoul, Feb 25 (IANS) South Korea and the United States will stage their annual joint springtime military exercise next month to strengthen their combined defense posture as they are preparing for the transfer of wartime operational control (OPCON) from Washington to Seoul, the allies’ militaries said Wednesday.The Freedom Shield (FS) exercise is scheduled to take place from March 9-19, involving the field training exercise dubbed “Warrior Shield,” according to the South’s Joint Chiefs of Staff (…

Seoul, Feb 21 (IANS) South Korea’s President Lee Jae Myung has dismissed the Minister of the Korea Forest Service, Kim In-ho, after he was found to have committed an unlawful act, Lee’s office said Saturday, without further elaborating.”We have found that the minister of the Korea Forest Service caused trouble by committing a serious violation of existing laws, and decided to dismiss him from the post,” Lee’s office said.The presidential office did not elaborate on what specific law Kim violated…

Seoul, Feb 20 (IANS) South Korean leader of the main opposition People Power Party (PPP) on Friday voiced regret as former President Yoon Suk Yeol was handed life in prison for leading insurrection over his short-lived imposition of martial law.Rep. Jang Dong-hyeok made the remark during a press conference at the National Assembly, in a thinly veiled indication that the conservative party may have no intention of fully severing ties with the ousted president, although the martial law crisis had …

Seoul, Feb 19 (IANS) South Korea’s defence ministry said on Thursday that it will push for reinstating a no-fly zone under the suspended 2018 inter-Korean military pact in a way that does not affect a military readiness posture. The ministry also said it is in consultations with the United States over Seoul’s push to partially restore the military pact, a day after Unification Minister Chung Dong-young disclosed the government’s plan, Yonhap News Agency reported.Chung said Wednesday the governme…

Seoul, Feb 4 (IANS) South Korean Opposition leader Jang Dong-hyeok on Wednesday called for the launch of separate special counsel probes into the Unification Church’s alleged ties with lawmakers of the ruling Democratic Party (DP) and bribery allegations linked to the DP nominations.In a speech at the National Assembly, Jang of the main opposition People Power Party also demanded an independent investigation into the prosecution’s controversial decision last November not to appeal a land develop…

Seoul, Feb 2 (IANS) South Korea’s Defence Minister Ahn Gyu-back on Monday visited the command in charge of defending the capital area to inspect military readiness for air defence, counterterrorism and other contingencies, the defence ministry said. Ahn made the visit to the Capital Defence Command in southern Seoul, where he urged the command to focus on its “innate mission” in order to restore public trust, according to the ministry.”Now is the time to move beyond the scars of the December 3 i…