By Diplomacy Journal Lee Kap-soo President Yoon Suk-yeol attended the Korea-Uzbekistan Business Forum at the Tashkent City Congress Hall in Tashkent on June 14. The President, who is on a state visit to three Central Asian countries -- Turkmenistan, Kazakhstan, and Uzbekistan-- attended the business forum to encourage businessmen from both countries. In his keynote speech, the president said that economic cooperation between the two countries began 30 years ago in 1994, when the first Daewoo Motor plant was built in Asaka, and that Uzbekistan has become a leading player in Central Asia's autom
By Diplomacy Journal Lee Kap-soo “As we continue on the path towards lasting peace and sustainable development, Korea remains a steadfast partner with the Philippines through more than seven decades,” said Amb. Theresa Dizon-de Vega of the Philippines in Seoul on June 11. Delivering toast remarks at a reception on the occasion of the 126th anniversary of Philippine Independence and 75th anniversary of Philippines-Korea Relations held at Lotte Hotel in Seoul on June 11, 2024, Amb. Dizon-De Vega said, “Korea is the Philippines’ 5th top trading partner, 5th export destination, 4th largest import
By Diplomacy Journal Lee Kap-soo President of the Republic of Korea Yoon Suk-yeol will pay a state visit to Uzbekistan at the invitation of President Shavkat Mirziyoyev on 13-15 June. Established on 29 January 1992, Uzbek-South Korean relations have become an example of successful cooperation between the two countries in various fields. In more than thirty years of interaction, the relations have developed and strengthened, passing through several key milestones. In 2006, the Joint Declaration on Strategic Partnership was signed, and in 2019, the relationship was elevated to a special strategi
By Diplomacy Journal Lee Kap-soo On June 9, Minister of Foreign Affairs Cho Tae-yul signed the Agreement on Climate Change Cooperation between the Republic of Korea and the Republic of Peru with Peruvian Minister of Foreign Affairs Javier González-Olaechea, who is visiting Korea to attend the 2024 Forum on Future Cooperation between Korea and Latin America (June 10). Recognizing that the severe impacts of climate change will only intensify in the coming years, the two ministers emphasized the need to urgently step up climate action during this decade, which is a critical time for action. They
By Diplomacy Journal Lee Kap-soo “India offers promising prospects to Korean companies doing business in agriculture and food processing fields,” said Y. Kim, Adjunct Professor at the Hankook University of Foreign Studies, Department of Indian languages, Director at the Institute of Indian Studies and author of books like "India Now" and "Guide to Indian Business Trip". At the 47th Speaker Forum, titled "Indian Elections 2024 - Political & Economic Outlook,” which was organized by the Indian Chamber of Commerce in Korea (ICCK), Prof. Kim, the keynote speaker, said, “Korean companies need t
By Diplomacy Journal Lee Kap-soo “Encyclopedia of Turkic Humanities” is the result of a research project of the Institute for Eurasian Turkic Countries under the Dongduk Women’s University (Republic of Korea). The project was implemented during 2018-2023 with financial support from the National Research Foundation of Korea. This dictionary, in which 21 authors participated, was personally supervised by Director of Institute for Eurasian Turkic Studies Professor Oh Eunkyung. She is also representative from the Republic of Korea in the Coordinating Bureau of the Silk Roads Living Heritage Networ
By Diplomacy Journal Lee Kap-soo In the New Uzbekistan, which has set the Third Renaissance as a big goal, the development of national fine and applied art is considered an integral part of the country's socio-economic development. As a result of such attention of the head of the state and the government to the field of fine and applied art, a unique system was formed that gives the international public a wide opportunity to show the national artistic wealth of our country and the examples of creativity of artists and creators, the achievements made in modern fine and applied art with their ex
By Diplomacy Journal Lee Kap-soo President Yoon Suk-yeol embarked on a state visit to three Central Asian countries on June 10, expanding the scope of economic cooperation, including the supply chain for key minerals. The three-nation trip, which follows the establishment of the Korea-Central Asia Summit and the so-called “K-Silk Road” initiative, is the third part of Yoon's regional strategy after the Indo-Pacific Strategy and the ASEAN-Korea Solidarity Initiative. According to the presidential office, Yoon will travel to Turkmenistan (June 10-11), Kazakhstan (June 11-13), and Uzbekistan (Jun
By Diplomacy Journal Lee Kap-soo First lady Kim Keon-hee hosted the Korea-Africa Summit Spouses’ Program at the Blue House on June 4. The event was organized by Mrs. Kim to invite the spouses of the heads of state of the 13 African countries visiting Korea for the Korea-Africa Summit to share Korean traditional culture and continue exchanges. In her remarks at the luncheon, Mrs. Kim said, “Korea has experienced miraculous growth in a short period of time after rising from the ashes of war more than 60 years ago, and Africa is also gaining global attention as the fastest-growing continent. This
By Diplomacy Journal Lee Kap-soo “Any Korean company, which might be interested to invest in tourism and hospitality industry in Croatia, can find a very attractive business opportunity,” said Ambassador H.E. Damir Kušen of Croatia in Seoul. Delivering welcome speech at the Croatian-Korean Business Forum held at Coryo Daeyeongak Tower in Seoul, Amb. Kusen said, “Let me remind you that Croatia has more than 1700 kilometers of the coastline with a lot of opportunities for building tourism infrastructure and facilities. With an introduction of the new direct flights between Seoul and Zagreb, the
By Diplomacy Journal Lee Kap-soo SK Group Chairman Chey Tae-won was ordered by an appellate court on May 30 to pay his estranged wife Roh So-young, the former late President Roh Tae-woo's only daughter, 1.38 trillion won (US$1 bil.) in property division and 2 billion won in alimony as part of his divorce from Roh. As for Choi's shares in SK Inc., a group holding company, which were not recognized as property to be divided in the first trial, the second trial ruled that the shares were subject to property division, saying that Roh had a contributory share. As the second trial court in the divor
By Diplomacy Journal Lee Kap-soo “Georgia aims to conclude two important economic framework agreements with Korea this year,” said H.E. Tarash Papaskua, Ambassador of Georgia to the ROK on May 27,2024. At a reception to celebrate the Independence Day of Georgia held at Grand Hyatt Seoul on May 27, Amb. Papaskua said, “I am delighted to highlight the progress we have achieved together with our Korean partners in our talks on two important economic framework agreements, the Georgia-Korea Economic Partnership Agreement and the Agreement on Promotion and Protection of Investments, which we aim to
By Diplomacy Journal Lee Kap-soo Minister of Foreign Affairs Cho Tae-yul hosted a luncheon to welcome visiting ASEAN Secretary General Kao Kim Hourn on May 28 and exchanged views on: the 35th anniversary of ASEAN-ROK dialogue relations this year; the establishment of the Comprehensive Strategic Partnership (CSP); the implementation of the Korea-ASEAN Solidarity Initiative (KASI); and ways to advance ASEAN-ROK practical cooperation. Cho noted that ASEAN and South Korea have been inseparable partners since the establishment of dialogue relations in 1989, and stressed that South Korea will contin
By Diplomacy Journal Lee Kap-soo POSCO-ICPC was named “Supplier of the Year” at the Supplier Day 2024 event held by Schaeffler India in Maharashtra, India, on April 18. Schaeffler India, a global automobile parts manufacturer, holds the Supplier Day event every two years to share its main performance and mid- to long-term strategies with key suppliers and award outstanding suppliers by evaluating them in nine categories, including quality, delivery, cost, innovation, and sustainability. POSCO-ICPC received the highest ratings in all categories at the event, which was attended by more than 200
By Diplomacy Journal Lee Kap-soo Minister for Trade Cheong In-kyo attended the Korea-UAE Business and Investment Forum on May 28, co-hosted by Korea’s Ministry of Trade, Industry and Energy (MOTIE) and the United Arab Emirates (UAE)’ Ministry of Economy and co-organized by Korea Chamber of Commerce and Industry (KCCI) and the UAE Embassy in Seoul, with aim to encourage both countries’ business leaders and their new partnerships. Held on the occasion of the UAE President Sheikh Mohamed bin Zayed’s first state visit to Korea and attended by UAE Minister of State for Foreign Trade Thani bin Ahmed