Anchor: South Korean and U.S. trade officials wrapped up a second day of talks Friday in Washington in the third round of negotiations to revise the allies’ bilateral free trade agreement. With the talks originally planned for two days making ... Read More
Deputy Prime Minister and Finance Minister Kim Dong-yeon says the government will exert all-out efforts to resolve key trade issues with the U.S. Appearing on a radio program on Friday, Kim said the government will first do its best to ... Read More
Calls are rising for President Moon Jae-in’s administration to be more strategic and flexible in coping with mounting US trade protectionism, which is casting a broadening shadow on Korea’s exports. Moon instructed his aides last month to confidently and resolutely ... Read More
Amid a global economic recovery boosted by extended investment and trade, South Korea is expected to maintain its 3 percent growth momentum throughout year 2018 and 2019, according to the Organization for Economic Cooperation and Development. In its interim economic ... Read More
South Korea’s top policymakers are taking all efforts this week to lift the US President Donald Trump administration’s incoming tariff on steel imports, which is slated to take effect on March 23 and consequently deliver a heavy blow to local ... Read More
Korea's export growth rate ranked No. 6 among Group of Twenty nations last year, while its imports rose at the fourth-fastest clip, a report showed Sunday. According to the Organization for Economic Cooperation and Development, Asia's fourth-largest economy shipped out ... Read More
South Korea's ice cream market has been shrinking in recent years, industry data showed Saturday, apparently due to the falling number of children coupled with growth of cafes offering alternative desserts. According to data compiled by the Korea Agro-Fisheries & ... Read More