Articles by Shin Ji-hye
Shin Ji-hye
shinjh@heraldcorp.com-
Yoon, Biden reaffirm ironclad alliance, warn NK attack is unacceptable
WASHINGTON -- Presidents Yoon Suk Yeol and Joe Biden warned Kim Jong-un that a nuclear attack by North Korea against the US and South Korea will be responded to with a nuclear counterattack and that will result in the end of the reclusive regime. “A nuclear attack by North Korea against the United States or its allies or partisans -- partners -- is unacceptable and will result in the end of whatever regime were to take such an action," said Biden at a press conference held afte
Foreign Affairs April 27, 2023
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Korea, US tout stronger extended deterrence with Washington Declaration
WASHINGTON -- Leaders of South Korea and the United States adopted a declaration to strengthen extended deterrence against provocations from North Korea at their summit on Wednesday, in an agreement that formalized consultations with Seoul on the decision making process. Under the Washington Declaration, South Korea and the US will launch a nuclear consultation group as a new mechanism to focus on nuclear and strategic planning issues. It would facilitate "systematic operations" of inf
Foreign Affairs April 26, 2023
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US tech firm Corning to invest $1.5b in Korea
WASHINGTON -- American multinational tech company Corning said it would invest an additional $1.5 billion in South Korea over the next five years, according to the South Korean presidential office. The plan was announced by Corning CEO Wendell Weeks at the Korea-US business roundtable attended by President Yoon Suk Yeol, Yoon's senior economy secretary Choi Sang-mok said. Corning has invested over $10 billion in South Korea over the past 50 years, which has contributed to the creation of th
Politics April 26, 2023
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Six US firms unveil $1.9b investment to Korea
WASHINGTON -- President Yoon Suk Yeol, who is on a state visit to the United States, attended a ceremony Wednesday morning where six US high-tech companies announced a total of $1.9 billion in invesments, according to the presidential office. The six companies are Air Products, Plug Power, On Semiconductor, Greene Tweed, PureCycle Technologies and EMP Belstar, related to high-tech industries such as clean hydrogen, semiconductors and carbon neutrality. They will build production facilities in
Foreign Affairs April 26, 2023
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US, S. Korea to 'coordinate' chip investments, says Kirby on Micron reports
WASHINGTON -- John Kirby, National Security Council coordinator for strategic communications, said Tuesday that South Korea and the United States would "coordinate" on their chip investments when asked of a Financial Times report that Washington requested Seoul not to fill any market gap created by a potential ban by Beijing on chips from US memory chipmaker. “What I can tell you is that the Biden administration and the Yoon administration quite frankly have worked together to ma
Politics April 26, 2023
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S. Korea, US to unveil separate documents on extended deterrence
WASHINGTON -- An additional document detailing extended deterrence measures will be unveiled following the summit between South Korean President Yoon Suk Yeol and US President Joe Biden on Wednesday, according to the South Korean presidential office. Yoon's senior press secretary, Kim Eun-hye, told reporters Monday evening in Washington that the upcoming document will specify a more advanced version of the extended deterrence strategy. Extended deterrence refers to the US' commitment
Politics April 25, 2023
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Netflix to invest $2.5b in Korean content
WASHINGTON -- Netflix chief Ted Sarandos said his company will invest $2.5 billion in Korean content for next four years during a meeting with President Yoon Suk Yeol, who arrived in Washington on Monday. President Yoon met Sarandos as his first official engagement in the US. The meeting was accompanied by the ministers of finance, culture and industry, as the Netflix management team, according to the presidential office. “The investment will be a significant opportunity for all Korean
Politics April 25, 2023
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Yoon begins US state visit to trumpet stronger alliance, resolve trade issues
South Korean President Yoon Suk Yeol on Monday began his five-day state visit to the US to mark the 70th anniversary of bilateral ties and to set a new direction for the alliance with US President Joe Biden, amid intensifying nuclear threats from North Korea and mounting trade issues. The primary focus of the summit scheduled for Wednesday is on the level of bilateral agreement to be reached on extended deterrence as well as the extent of economic and security cooperation. This will be Yoon
Foreign Affairs April 24, 2023
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Yoon, Biden to discuss extended deterrence, economic security at summit
President Yoon Suk Yeol will make a five-day state visit to the United States from April 24 at the invitation of US President Joe Biden. During the visit, the two leaders are expected to strengthen their joint defense posture, discuss details of extended deterrence and further enhance economic and security cooperation. President Yoon's trip marks the first visit of a Korean president to the United States in 12 years, following the visit of former President Lee Myung-bak in 2011. The Whi
Foreign Affairs April 20, 2023
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[Alliance in Action] NK could test nuke in response to Yoon’s US visit: Cha
Victor Cha, a former senior adviser on North Korea for the George W. Bush administration, said North Korea could conduct a nuclear test ahead of President Yoon Suk Yeol's US visit next week to renew the allies' commitment to regional security. "When there is no diplomacy between the US and DPRK and we have military exercises (against the regime), North Korea does a lot of activities and a lot of negative activities," Cha, senior vice president and Korea chair at the Center
Foreign Affairs April 19, 2023
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Yoon vows to root out unfair employment succession
President Yoon Suk Yeol has made a firm commitment to eliminate unfair employment succession practices, condemning them as against the spirit of the Constitution and as depriving future generations of opportunities. The elimination of employment succession at industrial sites is considered one of the key tasks of labor reform for Yoon. The goal is in line with his broader efforts to strengthen transparency in union accounting and enforce strict measures against violent acts. During a livestreame
Politics April 18, 2023
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Second deputy national security advisor attends NATO cyber summit
Lim Jong-deuk, the second deputy director of the National Security Office, is set to attend the NATO Cyber Champions Summit in Vilnius, Lithuania from Monday, according to the presidential office. The meeting's purpose is to prepare for the upcoming North Atlantic Treaty Organization summit, which Lithuania will host in July, with a focus on expanding and strengthening global cooperation to combat advanced cybersecurity threats. In addition to NATO members, key partners from the Asia-Paci
Foreign Affairs April 17, 2023
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[Local and Beyond] 'Decentralization key to curing metropolitan sickness'
ANDONG, North Gyeongsang Province -- South Korea has achieved remarkable economic success after the 1950-53 Korean War, but faces grave challenges ahead as the country suffers from rapidly aging population, low birth rate, and unhappiness. North Gyeongsang Province Gov. Lee Cheol-woo, who also heads the Governors Association of Korea, believes that the quality of Koreans' lives is being deteriorated by what he calls "metropolitan sickness.” The phenomenon of metropolitan
Politics April 12, 2023
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[Alliance in Action] Korea-US should reinforce sanctions, drills against NK threats
On rising security concerns over North Korea's continued provocations, former US Ambassador to South Korea Harry Harris said South Korea and the United States should strengthen their joint military drills and impose stronger sanctions to deter Pyongyang's threats. “We can’t stop the North outright, short of war. I believe Kim Jong-un wants four things: sanctions relief, keep his nukes, split our alliance and dominate the peninsula. What we can and must do, however, is cre
Foreign Affairs April 11, 2023
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Yoon’s office to request ‘appropriate measures’ from US over spying fiasco
The presidential office said Monday it would request "appropriate measures" from the US if necessary after the two countries finish assessing allegations that the US intelligence agency had wiretapped the South Korean government. The US reports that brought the spying allegations to light are "not confirmed fact," a senior official from the presidential office told reporters, stressing that fact-checking must come first. It is also difficult to rule out the possibility that i
Politics April 10, 2023
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