President Yoon Suk Yeol on Wednesday vowed to prioritize addressing the economic crisis and improving citizens’ livelihoods during his second year in office, according to the presidential office on Wednesday. At a luncheon held with members of the ruling People Power Party and Cabinet members to mark the completion of his first year at the presidential office, Yoon said: “Our people have not had enough time to experience change and reform over the past year,” according to his

Politics May 10, 2023

On Tuesday, South Korean President Yoon Suk Yeol completed his first year in office, receiving mixed reviews for his initiatives in foreign affairs and criticism for his handling of domestic affairs, which have at times starkly divided the public. Yoon's performance as Korea's leader has been closely watched, with supporters praising him -- the former prosecutor general and a political novice, for what they see as his efforts to improve diplomatic relations -- and opponents criticiz

Politics May 9, 2023

President Yoon Suk Yeol invited Japanese Prime Minister Fumio Kishida to his residence for an official dinner after their summit on Sunday. Kishida, accompanied by his wife, first lady Yuko Kishida, was the second foreign leader to have been invited to Yoon’s Hannam-dong home in Seoul, after Saudi Crown Prince Mohammed bin Salman last November. The dinner featured a variety of traditional Korean dishes, such as gujeolpan, japchae, tangpyeongchae, steamed Korean beef ribs, beef tripe, croak

Politics May 7, 2023

Leaders of South Korea and Japan agreed to elevate bilateral ties to a higher level at a summit held in Seoul Sunday, both touting that the restored "shuttle diplomacy" has brought yearslong strained relations back on track. At the summit, the second in less than two months, the two leaders agreed to allow a group of Korean experts to visit Japan to inspect the safety of contaminated water to be discharged from Fukushima nuclear reactors. “I hope that meaningful measures will be

Politics May 7, 2023

  The leaders of South Korea and Japan on Sunday began their second summit this year in Seoul to fully restore the two countries' "shuttle diplomacy," aiming to improve strained ties in the areas of regional security, economic partnership and cultural exchanges. Japanese Prime Minister Fumio Kishida arrived in Seoul for a two-day working visit, less than two months after the March summit in Tokyo. He was the first Japanese leader to make a bilateral visit to Korea in 12 years afte

Foreign Affairs May 7, 2023

    President Yoon Suk Yeol invited children to Chung Wa Dae, the former presidential office, to spend time with him on Friday, which falls on Children’s Day. The 320 children who have been invited are from remote islands, have been entrusted to foster care facilities, or come from single-parent households and multicultural families. At the event, President Yoon thanked the parents, teachers and facility workers who take care of the children with love and dedication. He vowed to

Politics May 5, 2023

President Yoon Suk Yeol said on Tuesday that South Korea should be grateful to the United States for the fact that Washington has been an important ally assisting Seoul's development from the ashes of the 1950-53 Korean War, as he was speaking of his diplomatic achievements during his state visit last week. "The 70-year history of the South Korea-US alliance is not a given result, of course,” said Yoon, who presided over the first Cabinet meeting after his state visit to the US

Foreign Affairs May 2, 2023

Japanese Prime Minister Fumio Kishida is coming to Seoul on Sunday for a summit with South Korean President Yoon Suk Yeol, shortly after Seoul and Washington reaffirmed their "ironclad" alliance to deter North Korean threats during Yoon’s state visit to the US last week. Confirming Kishida's visit, the South Korean presidential office said Tuesday that his two-day official visit will resume "shuttle diplomacy" between the two countries which had been suspended for

Foreign Affairs May 2, 2023

  South Korea possesses the necessary technological capabilities to rapidly acquire nuclear weapons, potentially within a year, should it decide to pursue that path. However, South Korea has deliberately chosen to uphold its commitment to the Nuclear Non-Proliferation Treaty, President Yoon Suk Yeol said Friday.   Speaking at Harvard University’s Kennedy School in Boston, Yoon addressed growing public calls within South Korea for the country to pursue its own nuclear armament ami

Politics April 29, 2023

  WASHINGTON -- South Korean President Yoon Suk Yeol and US Secretary of Defense Lloyd J. Austin III held a meeting at the Pentagon on Thursday to underscore their robust alliance and the unwavering commitment of the United States in supporting South Korea's defense against North Korea's provocative actions. On his final day in Washington D.C., President Yoon visited the Pentagon before heading to Boston. He is set to deliver a speech at Harvard University's Kennedy School of Government on

Foreign Affairs April 28, 2023

WASHINGTON -- President Yoon Suk Yeol strongly condemned Russia’s attack against Ukraine and denounced North Korea’s persistent human rights violations and provocations during his address to a joint meeting of the US Congress in Washington. In a 45-minute address punctuated by frequent standing ovations -- the first to the US congress by a Korean president in 10 years -- Yoon called for solidarity among democratic nations. He received 56 ovations and 23 standing ovations from the l

Foreign Affairs April 28, 2023

  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

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

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

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