South Korean Industry Minister Lee Chang-yang departed for Washington on Tuesday for talks with US officials on ways to minimize impacts on South Korea by new US bills on tax incentives for electric vehicles and investment in semiconductors, his office said. The Inflation Reduction Act, signed by US President Joe Biden in August, gives up to $7,500 in tax credits to buyers of EVs assembled only ...

NEW YORK -- South Korean President Yoon Suk-yeol arrived in New York on Monday to attend the UN General Assembly and hold a series of summits on the sidelines, including a highly anticipated meeting with Japanese Prime Minister Fumio Kishida. The New York visit, the second stop on Yoon's three-nation swing, follows his attendance at Queen Elizabeth II's state funeral in London and comes ahead of...

China’s top legislator made an unprecedented visit to Seoul last week, where they confirmed their differences on South Korea’s deployment of the US-made missile defense system that Beijing opposes. Li Zhanshu, Beijing’s third-highest-ranking official and chief of the Standing Committee of the National People’s Congress, made an unprecedented two-day trip to Seoul from Thursday, as South Korea ha...

LONDON -- US President Joe Biden paid his respects at Queen Elizabeth II's coffin on Sunday as thousands of police, hundreds of British troops and an army of officials made final preparations for the queen's state funeral _ a spectacular display of national mourning that will also be the biggest gathering of world leaders for years. People across Britain paused for a minute of silence at 8 p.m. ...

LONDON -- The office of South Korean President Yoon Suk-yeol said Sunday it had "no comment" on Japanese news reports denying plans for a summit between Yoon and Japanese Prime Minister Fumio Kishida in New York this week. Yoon's office said earlier that the two countries had agreed to a summit on the sidelines of the UN General Assembly either Tuesday or Wednesday in what would be their first b...

LONDON -- President Yoon Suk-yeol on Sunday attended a reception in London hosted by King Charles III and expressed his condolences over the death of Queen Elizabeth II, his office said. Yoon, who arrived with first lady Kim Keon-hee in London earlier in the day, attended the reception at Buckingham Palace ahead of the queen's state funeral Monday. Yoon personally expressed his condolences to K...

The South Korean presidential office said Sunday there's "no change" in the plan to hold a South Korea-Japan summit meeting this week on the sidelines of the UN General Assembly in New York. A ranking presidential official made the remarks in a phone call with Yonhap News Agency, rejecting Japanese news reports on Sunday that the possibility of the summit meeting between President Yoon Suk-yeol ...

President Yoon Suk-yeol left for London on Sunday to attend the state funeral of Queen Elizabeth II, kicking off a three-nation trip that will include his first address to the UN General Assembly, and summits with US President Joe Biden and Japanese Prime Minister Fumio Kishida. Yoon's second overseas trip since taking office will also take him to Canada on the last leg. He is set to arrive in ...

Maryland Gov. Larry Hogan voiced cautious hope Saturday for a "compromise" over a new U.S. law aimed at reducing inflation that has unnerved South Korea by excluding electric vehicles made outside North America from tax benefits. He raised the possibility of a breakthrough on the controversial matter after the November midterm elections, speaking at a press conference in Seoul. The governor hig...

Korea Aerospace Industries (KAI), South Korea's sole aircraft maker, signed a US$3 billion contract with Poland on Friday to follow up on an earlier basic deal to export 48 FA-50 fighter jets, Seoul's arms procurement agency said. KAI inked the "executive" contract with Warsaw's Armament Agency as a follow-up to the "framework" contract signed in July to supply the fighters to the European count...

South Korean President Yoon Suk-yeol on Friday invited Chinese President Xi Jinping to visit Seoul, during his meeting with Li Zhanshu, China's top legislator. Yoon said Xi's visit will "serve as important momentum to open a new chapter in Seoul-Beijing relations for the next 30 years," according to the presidential office. In response, Li, China's third-highest-ranking official and chief of th...

S. Korea’s National Assembly speaker asked China’s third-ranking leader Li Zhanshu to ensure efforts to prevent possible attempts at distorting the history between the two countries, during a bilateral meeting held at the National Assembly on Friday. “History is related to the identity of a country and its people. It is important to accept facts as objective as possible and educate the next gene...

President Yoon Suk-yeol and US President Joe Biden could discuss the possibility of a currency swap deal between the two countries when they meet in New York next week, a presidential official said Friday. Choi Sang-mok, senior presidential secretary for economic affairs, told reporters he would not get ahead of the meeting slated to take place on the sidelines of the UN General Assembly, but th...

Cooperation on climate change key to prevent complete disengagement of two countries, experts say

SEOUL/WASHINGTON -- A senior South Korean diplomat had meetings with US government and congressional officials in Washington, D.C., on Thursday, during which he delivered Seoul's concerns about the impact from the Inflation Reduction Act (IRA) that excludes Korean-made electric vehicles from tax credits, according to his ministry. Vice Foreign Minister Cho Hyun-dong was on a visit to the US capi...