The Korean and Mongolian National Tax Agency Chiefs held their 12th meeting in Ulaanbaatar, Mongolia on July 18. During the meeting, a memorandum of understanding (MOU) was signed to enhance tax cooperation between the two countries. According to the terms of the MOU, the Mongolian National Tax Agency will organize annual tax conferences exclusively for more than 450 Korean companies operating in Mongolia. These conferences aim to provide tax-related information, address any tax-related issues, and actively support Korean businesses from a tax perspective. Additionally, the Korean National Tax
By Reporter Anna Kim The Gyeonggi Provincial Council visited Mongolia's Darkhan-Uul Provincial Council, a friendship region, on July 7 and agreed to renew the Memorandum of Understanding (MOU) to establish friendly relations between the two councils and make mutual efforts to enhance the relationship. The visit by the Gyeonggi Provincial Council delegation was in response to the request from the Darkhan-Uul Provincial Council, which had visited the Gyeonggi Provincial Council in April and May. Since the beginning of this year, both sides have been engaged in practical consultations to resume t
By Reporter Kayla lee The Namyangju City delegation, composed of officials from Namyangju City and members of the city council, arrived in Ulaanbaatar, Mongolia on July 10 to carry out an official visit and engage in scheduled activities. According to the Namyangju City on July 12, Namyangju City officials had discussions with key figures such as Mayor Dalgorsuren Somiya Bazar of Ulaanbaatar City, and other relevant officials over a span of two days starting from July 10, regarding international exchange matters that the two cities will pursue in the future. Prior to this, the delegation from
By Reporter Anna Kim Governor Kim Dong-yeon of Gyeonggi Province and Latvian Minister for Economics Ilze Indriksone have reached an agreement to enhance economic cooperation through the signing of a Memorandum of Understanding (MOU). During the meeting held at the Governor Kim's Office on July 13, Governor Kim and Latvian Minister of Economic Indriksone exchanged opinions on cooperation measures such as support for mutual startup ventures and signed the agreement. At the event, Governor Kim stated, "Just as Latvia shows great interest in innovation and startups, I also emphasize the importance
By Reporter Kayla lee Jeju City Mayor Kang Byung-sam attended the "Shandong International Youth Forum" held in Zibo City and Dezhou City for four days from July 6 to 9. He delivered words of encouragement to young people from around the world and inspected corporate sites. The forum was attended by over 1,000 young people from 85 countries, and Jeju City was represented by a total of nine participants, including young civil servants and young entrepreneurs based in Jeju City. Mayor Kang participated in meetings with key leaders of Shandong Province and foreign guest organizations, where they d
By Reporter Anna Kim The capital of Italy is known throughout the world for its countless beauties and the infinite historical, cultural, artistic and architectural heritage it boasts, attracting almost 15 million visitorsin 2022 alone (Federalberghi data, 2022). Nonetheless, not everyone knows that Rome hosts, between the Flaminio, Foro Italico and Farnesina districts, the so-called “Contemporary District”, a rare concentration of 20th century architecture, and one that is constantly evolving, thanks to the recent contributions of Zaha Hadid’s “Maxxi” and Renzo Piano’s “Parco della Musica”. T
“The investment incentives and facilitations, export related programs and strategic trade networks that are already in place will create a win-win outcome for businesses from the Republic of Korea in Malaysia,” said Ruhizam Idris., director of MIDA Seoul. In an interview with The Korea Post media, publisher of 3 English and 2 Korean-language news publications since 1985, Ruhizam Idris said, “Both Malaysia and the Republic of Korea will enjoy the mutual recognition of industrial standards and test results of the conformity assessment procedures. “This will help to reduce the cost of doi
By Reporter Anna Kim President Yoon Suk-yeol visited the 'Korea-Vietnam Partnership Fair' held on June 22 on the occasion of his state visit to Vietnam. The fair featured a variety of events, including the K-Industry Showcase, which allowed visitors to experience the products of Korean companies; the Trade Consultation, which matched Korean companies interested in entering Vietnam with Vietnamese buyers; the Young Tech Startup Grand Challenge, which identified outstanding startups from the ASEAN region that want to start a business in Korea; and the K-Food Festival, which promoted Korean and V
By Reporter Anna Kim Bang Moon-kyu, head of the Office for Gov’t Policy Coordination, attended the Ukraine Recovery Conference held in London, U.K., and expressed Korea's firm solidarity and support for the reconstruction and recovery of Ukraine on June 21 and 22. The conference was held for the second time after last year's conference in Lugano, Switzerland. The conference, attended by 61 countries including the G7 and EU, 33 international organizations, and more than 400 companies, reviewed the status of damage and recovery needs in Ukraine, and discussed reconstruction and recovery measures
By Reporter Anna Kim The Korean government and Busan City announced on June 21 that they conducted various promotional campaigns to attract the 2030 World Expo (Expo) locally on the occasion of the 172nd General Assembly of the Bureau International des Expositions (BIE) in Paris, France. The 2030 Busan World Expo Bid Committee and the Busan City named the 850-meter section in downtown Paris from the BIE General Assembly to the official reception venue of the Busan Expo as 'Busan Road' and installed horizontal banners. They also organized an eco-friendly walking campaign, "Walking to 2030; rout
By Reporter Anna Kim First Lady Kim Keon-hee, who visited France with President Yoon Suk-yeol, introduced mixed coffee to foreign reporters at the Mildawon in the Korean Cultural Center in Paris on June 20 (local time). On the same day, Mrs. Kim visited the Busan special exhibition to herald the Korean culture, named the 'Taste Korea 2023,' and introduced the Busan Expo to visitors. Mrs. Kim started promoting Busan's bid for the 2030 World Expo. On the afternoon of the same day, Mrs. Kim toured the 'Taste Korea 2023' Busan special exhibition at the Korean Cultural Center of France along with 1
By Reporter Kayla lee On May 16-18, the 32nd Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) will be held in Samarkand, under the general main theme - "Investing in Resilience". The event is expected to be attended by more than 2,000 guests from 73 countries, including representatives of foreign governments, heads of multinational corporations, international financial institutions and banks, experts in the field of economics, investment, finance and technology, as well as world media. The central theme of the event will be investing in en
By Reporter Kayla lee “The investment incentives and facilitations, export related programs and strategic trade networks that are already in place will create a win-win outcome for businesses from the Republic of Korea in Malaysia,” said Ruhizam Idris., director of MIDA Seoul. In an interview with The Korea Post media, publisher of 3 English and 2 Korean-language news publications since 1985, Ruhizam Idris said, “Both Malaysia and the Republic of Korea will enjoy the mutual recognition of industrial standards and test results of the conformity assessment procedures. “This will help to reduce t
Trade, Industry and Energy Minister Lee Chang-yang met with Boeing Defense, Space & Security CEO Theodore Colbert III on April 13 at the Four Seasons Hotel in Seoul. They discussed measures to expand Korea-Boeing aerospace defense industrial cooperation amid global value chain realignment and escalating national defense budgets worldwide. The two leaders also discussed future civilian and military aerospace joint development, technology cooperation and investment in Korea, Korean firms’ participation in Boeing aircraft materials and parts, Korea hosting Boeing value chain meetings on regul
Ambassador Abdou Salam Diallo of the Republic of Senegal said, “The 4th day of April is a particularly important moment in the history of Senegal celebrating the anniversary of its accession to international sovereignty.” In an interview with The Korea Post media, publisher of 3 English and 2 Korean-language news publications since 1985, Ambassador Diallo said, “For Senegal, this date represents its full sovereign status as a member of the international community and it is also the occasion to celebrate national heroes and strengthen the sense of national unity.” On the bilateral relations, es