New Delhi, April 20 (IANS) India and South Korea have discussed ways to resume and revamp negotiations for upgrading their Comprehensive Economic Partnership Agreement (CEPA), while also exploring deeper cooperation in industrial sectors, green energy and digital trade, Union Commerce Minister Piyush Goyal said on Monday.Sharing details of his meeting with South Korea’s Trade Minister Yeo Han-koo on social media platform X, Goyal said the discussions focused on strengthening the bilateral econ…
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Seoul, April 17 (IANS) South Korea and the European Union (EU) agreed on Friday to form a strategic economic partnership to expand bilateral ties in trade and economic security amid heightened global uncertainties, Seoul’s trade ministry said.The agreement was made during the inaugural Korea-EU next-generation strategic dialogue held in Seoul to help the two sides explore deeper cooperation in trade, supply chains and technology, according to the Ministry of Trade, Industry and Resources, report…
Seoul, April 17 (IANS) South Korea and the European Union (EU) agreed Friday to form a strategic economic partnership to expand bilateral ties in trade and economic security amid heightened global uncertainties, Seoul’s trade ministry said.The agreement was made during the inaugural Korea-EU next-generation strategic dialogue held in Seoul to help the two sides explore deeper cooperation in trade, supply chains and technology, according to the Ministry of Trade, Industry and Resources. Friday’s …
Seoul, April 9 (IANS) The United States’ recent adjustment of its metal tariffs will likely reduce the overall administrative burden on South Korean companies, though the impact may differ by item, Seoul’s trade minister said on Thursday, vowing efforts to help companies minimise their burden.Trade Minister Yeo Han-koo made the assessment during a meeting with officials from industries affected by U.S. tariffs on steel, aluminum and copper imports, as well as their derivatives, according to the …
Seoul, March 8 (IANS) Industry Minister Kim Jung-kwan said on Sunday he has been told the United States is not likely to hike tariffs on South Korea if the National Assembly passes a special bill on Seoul’s $350 billion investment pledge to the US.Kim made the remarks upon arrival after visiting the U.S. to meet with Commerce Secretary Howard Lutnick to discuss tariff and bilateral trade issues following U.S. President Donald Trump’s threat in January to hike “reciprocal” tariffs and other dutie…
Seoul, March 7 (IANS) South Korea’s industry minister and trade chief visited the United States this week to coordinate responses to tariff issues and other pending trade matters between Seoul and Washington, the industry ministry said on Saturday.Industry Minister Kim Jung-kwan and Trade Minister Yeo Han-koo met separately with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer on Friday (U.S. time) to discuss pending bilateral trade issues.The visit was arrange…
Seoul, Jan 24 (IANS) Trade Minister Yeo Han-koo said on Saturday he has stressed to US trade officials that Seoul’s investigation into e-commerce giant Coupang over a major data breach should be treated separately from broader trade issues between the two countries.Yeo made the remarks regarding Coupang to reporters at Incheon International Airport after returning to South Korea following his participation in the World Economic Forum in Davos, Switzerland, reports Yonhap news agency.Coupang, a U…
Seoul, Jan 11 (IANS) Trade Minister Yeo Han-koo on Sunday departed for Washington amid US concerns over a recent revision to a South Korean law aimed at addressing false and fabricated online information.”We need to explain the government’s exact policy intentions regarding the domestic digital legislation,” Yeo told Yonhap News Agency ahead of his departure at Incheon International Airport.The U.S. State Department has expressed concerns over the revision of the South Korean law, saying it coul…