Korea and New Zealand have concluded their FTA negotiations. At present, the two countries have finished the drafting of the agreement document and are going to sign it provisionally within this year after legal review. Then, the deal will officially be signed early next year, and become effective t
While the Green Climate Fund (GCF), which was launched in Korea in December last year, is suffering from a shortage of funds, developed countries including the U.S. and Japan express intentions to donate.On Oct. 23 (local time), President Park Geun-hye said that she will support the GCF at the U.N.
It has been found in the Strategy and Finance Ministry’s budget plan for next year that the Ministry has earmarked 8.9993 trillion won (US$8.2055 billion) as the interest to be paid on the Public Capital Management Fund deposit.The amount is equivalent to 4 percent of Korea’s total national tax inco
President Park Geun-hye said on Nov. 11 that she is in full support of China’s road map for the Free Trade Area of the Asia Pacific (FTAAP).The FTAAP, which is led by China, is designed to counter the Trans-Pacific Partnership of the United States. As such, much attention is being paid to what meani
President Park Geun-hye had a summit meeting with President Barack Obama in the afternoon of Nov. 11 during the APEC Summit in Beijing.The specific schedule and agenda of any bilateral summit talks are fixed days or weeks ahead before working-level officials discuss the details. However, the Korea-U
The number of North Korean workers exported to China increased to 100,000 last year.According to the report “Current Condition and Implication of Entry of North Korean Workers to China” written by the Beijing branch of the Korea International Trade Association (KITA), the number of North Korean work