• 2024 World Climate Industry EXPO to be Jointly Hosted by South Korea and the International Energy Agency

    The Ministry of Trade, Industry, and Energy of South Korea and the International Energy Agency (IEA) have announced their plans to jointly host the 2024 World Climate Industry Expo. This collaboration reflects a shared understanding of the urgent need for international cooperation in promoting zero-carbon energy solutions such as nuclear power, renewable energy, hydrogen, and carbon capture, storage, and utilization (CCUS) to address the global climate crisis and enhance energy security.  The World Climate Industry Expo, first established last year, integrates 30 domestic energy and environment exhibitions along with investment attraction events. The South Korean government has made efforts to facilitate this joint hosting with the IEA, including sending a letter from the Prime Ministerand holding a meeting with IEA Executive Director Fatih Birol. With the active participation and guidance of the IEA, this year's expo is set to evolve into a truly international event.  The theme for this year's expo is "Opening the Era of Zero-Carbon Energy through Climate Technology," with a focus on discussions about accelerating the transition to sustainable clean energy. The expo is expected to serve as a global platform for advancing the spread of zero-carbon energy technologies and initiatives, following the agreements made at the UN Climate Change Conference last December.  IEA Executive Director Fatih Birol will deliver a keynote speech during the event and present the IEA's analysis of major energy technologies essential for achieving global climate goals. Professor James Bacchus is also set to give a keynote address. Major global companies such as Samsung, Hyundai Motors, Tesla, and Ørsted will showcase the latest and future technologies related to zero-carbon energy.  Lee Ho-hyeon, Director of Energy Policy, stated, "I welcome IEA Executive Director Fatih Birol's decision to co-host the expo for the spread of zero-carbon energy." He added, "We will work with the IEA to elevate the World Climate Industry Expo into a leading international event for addressing the climate crisis." 

• MDCP Holds 9th Operating Committee Meeting

    The 9th Operating Committee meeting of theMulti-agency Donor Coordination Platform for Ukraine (MDCP) took place in Kyiv, Ukraine, on April 10. The meeting was attended by Kang Seok-hee, South Korea’s government representative supporting Ukraine’s reconstruction efforts. This was the first in-person meeting since South Korea joined the MDCP in February 2023.  Major donor countries and institutions at the meeting expressed their unwavering support for Ukraine’s reconstruction and recovery efforts. They issued a joint statement outlining financial support direction for Ukraine for 2024-25. The statement emphasized contributions to Ukraine’s urgent recovery needs in 2024, such as protecting energy infrastructure and securing alternative power sources. Countries also agreed to launch a Business Advisory Council, composed of private enterprises, at the upcoming Ukraine Recovery Conference in Berlin in June 2024.  Attendees praised Ukraine’s commitment to reforms and efforts to secure sustainable economic growth. They highlighted the importance of enhancing the effectiveness of international support and expanding the participation of the private sector in the reconstruction and recovery process.  South Korea reiterated its commitment to supporting Ukraine through humanitarian aid and long-term reconstruction in areas such as infrastructure, healthcare, and education. This support aligns with the 'Ukraine Peace Solidarity Initiative' announced during President Yoon Seok-yeol's visit to Ukraine in July 2022.  The next MDCP Operating Committee meeting is scheduled to take place in Berlin in June during the Ukraine Recovery Conference.

• ASEAN-ROK Dialogue: Strengthening Partnerships and Addressing Regional Challenges

    The annual Deputy Ministerial Meeting between Korea and ASEAN countries, known as the 'ASEAN-ROK Dialogue,' convened on April 4th to assess the current state of cooperation and discuss future directions. This year marked the 35th anniversary of establishing the ASEAN-ROK dialogue relations, underscoring the significance of the occasion.    The dialogue aimed to establish the Comprehensive Strategic Partnership (CSP), representing the highest level of partnership between Korea and ASEAN. It provided a platform to review the current state of Korean-ASEAN cooperation, exchange views on future development directions, and discuss regional and international situations.    In the opening remarks, Deputy Minister Chung Byung-won emphasized the importance of strengthening relations with ASEAN and the full-scale implementation of the Korean-ASEAN Solidarity Initiative (KASI). He highlighted strategic coordination, digital transformation, and climate change response as key areas for mutual cooperation.    The Deputy Minister elaborated on how the Korean-ASEAN Solidarity Initiative contributes to ASEAN's goal of building three pillars of community by 2025. He emphasized the need to expand cooperation in future industries such as digital technology, electric vehicles, and smart cities to enhance supply chain stability and resilience.    Participants also exchanged views on major regional and international issues, including the situation on the Korean Peninsula, developments in the South China Sea, the issue of Myanmar, the Israel-Hamas conflict, and the war in Ukraine.    ASEAN reaffirmed its support for Korea's North Korea policy, including its ‘Audacious Initiative.’ The dialogue concluded with a renewed commitment to strengthen partnerships and address regional challenges, underscoring the importance of cooperation between Korea and ASEAN in promoting peace, stability, and prosperity in the region.    Overall, the ASEAN-ROK Dialogue provided a valuable opportunity for both sides to deepen cooperation, enhance mutual understanding, and address shared challenges in the years ahead.  

• Convening the 3rd summit for democracy

    On March 18, 2024, the Korean government, alongside the governments of the United Kingdom, Ecuador, and the United States, co-hosted the Third Democracy Summit Ministerial Meeting in Seoul. Focused on the theme of 'AI/Digital Technology and Democracy,' the summit aimed to address the evolving intersection of technological innovation and democratic principles.  The Ministerial Meeting marked the initiation of the Third Democracy Summit, which spanned three days from March 18 to March 20, and drew over 400 participants. Among them were approximately 30 government officials at the ministerial and vice-ministerial level, representatives from diplomatic corps stationed in Korea, as well as individuals from civil society, industry, and academia.  In the welcoming remarks, President Yoon Suk-yeol underscored the pivotal role of democracy in Korea's journey, rooted in universal values such as freedom, human rights, and the rule of law. He expressed Korea's commitment to sharing its democratic development experience with the global community through the Summit.  Foreign Minister Cho Tae-yeol, in his opening speech, highlighted the significance of technological innovation amid global democratic challenges. He emphasized the intertwined nature of artificial intelligence, digital technology, and democracy, acknowledging both the opportunities and challenges.  Throughout the Ministerial Meeting, representatives from participating governments emphasized the imperative for democratic nations to exchange policies and experiences concerning digital technology's impact on democracy. They stressed the need for collaborative efforts to harness the benefits of digital innovation while safeguarding democratic values.   The meeting facilitated comprehensive discussions on the implications of rapidly advancing artificial intelligence and digital technology for future generations' democracy. It served as a platform for fostering international consensus on the responsible use of emerging technologies in alignment with democratic principles.  

• Enhancing International Cooperation for Research on Emerging Infectious Disease Response among Korea, U.S., and Japan

      The Korea Centers for Disease Control and Prevention (KCDC) and the National Institute of Health (NIH), under the leadership of Director Park Hyun-young and Director Jang Hee-chang respectively, have announced the forthcoming 2024 International Conference on Emerging Infectious Diseases in the Pacific Rim (EID). Scheduled to take place from March 5th to 8th, the event will span four days and will be hosted at the Grand Hyatt Incheon Hotel.    This collaborative effort is spearheaded by the National Institute of Allergy and Infectious Diseases (NIAID) of the United States, in partnership with the Japan Agency for Medical Research and Development (AMED) and the Korea National Institute of Infectious Diseases (NIID). Additionally, the International Vaccine Institute (IVI) will participate as a partner institution.   The conference will commence with welcoming remarks from Director General Ji Young-mi of the KCDC, Dr. Diane Griffin, a Professor at the Johns Hopkins Bloomberg School of Public Health, and Dr. Hiroshi Kiyono from Chiba University. The overarching theme of the conference will revolve around "Rapid Emergence of Pathogens Due to Climate Change and Pandemic Preparedness."    As an integral part of the event, the NIID will organize the 2nd International Symposium for Infectious Diseases Research Institutes Cooperation (IDRIC) on March 8th, aimed at bolstering collaboration among domestic and international research institutions.    Under the theme "Current Status and Rapid Development Strategies for Vaccine and Therapeutics Development against Pandemic Preparedness," IDRIC will feature discussions focusing on the development of vaccines and treatments in response to the "Government-wide Mid-to-Long-Term Plan for Preparedness against Emerging Infectious Diseases."    Director Jang Hee-chang of the NIID expressed, "We plan to enhance close cooperation with domestic and international institutions and companies by developing treatments and vaccines for emerging infectious diseases in cooperation with the United States, Japan, and others, and upgrading infrastructure, such as establishing a national advanced vaccine development center."    

• Deputy Minister Im Sang-joon Represents South Korea at 6th United Nations Environment Assembly

  The Ministry of Environment has announced that Deputy Minister Im Sang-joon participated in the '6th United Nations Environment Assembly' held in Nairobi, Kenya, from February 29th to March 1st. He represented the South Korean government, engaging in discussions aimed at enhancing multilateral cooperation to tackle global environmental crises.  The United Nations Environment Assembly, convened biennially in Nairobi, Kenya, serves as a platform where ministers and deputy ministers from UN member countries convene to deliberate on the United Nations Environment Programme's (UNEP) work plans, budgets, and adopt resolutions and declarations, making it the highest-level environmental conference.  The focus of the 6th United Nations Environment Assembly centered on "Effective, Comprehensive, and Sustainable Multilateral Action for Climate Change, Loss of Biodiversity, and Environmental Pollution (including air and plastic pollution)." Representatives from over 190 countries attended, including Inger Andersen, the Executive Director of the United Nations Environment Programme, as well as representatives from civil society and non-governmental organizations.  Deputy Minister Im Sang-joon emphasized concrete measures to address environmental crises through national statements. He underscored South Korea's role as a 'green ladder' to effectively deliver resources to developing countries in combatting climate change. Furthermore, he urged UN member countries to expedite the conclusion of the plastic agreement within the year to tackle the plastic crisis.  Moreover, South Korea contributed to the adoption of a resolution proposed by the United States to enhance global air quality by participating as a co-sponsor. This contribution underscores the nation's commitment to multinational efforts aimed at addressing air pollution.   Deputy Ministerstated, "We must act to become the change we envision," and added, "South Korea will continue to play a central role as a pivotal country leading global changes to address climate change, loss of biodiversity, and air and plastic pollution."  

• Streptococcal Toxic Shock Syndrome (STSS): All You Need to Know

        [Leaders Times] Streptococcal Toxic Shock Syndrome (STSS)      ∨ Invasive infection by Group A strep bacteria can cause STSS when they spread into the body.      ∨ According to the Centers for Disease Control and Prevention (CDC), the mortality rate for STSS is around 30~70%.     ∨ Recommend medical care to high-risk groups (adults 65 years old or older, diabetic patients, etc.) if they have possible symptoms, such as fever, rash, hypotension, etc.      ∨ Infection prevention (washing hands and cough etiquette) is essential.    ㆍ High-risk groups:    - Adults 65 years old or older     - Diabetic patient     - Case that injury caused by recent surgery     - Viral infection, which can occur in exposed wounds (Varicella)     - Alcoholism   ㆍPossible symptoms:     - High fever and Rash    - Hypotension (Low blood pressure)     - Tachypnea (Rapid breathing) and Dyspnea (Shortness of breath)     - Muscle aches    - Surgical site infections     - Edema      Symptoms, route of infections, and treatments   ㆍSign and symptoms:     - Early signs and symptoms: mild symptoms, such as sore throat, like influenza (flu) in the early      - STSS can develop into high fever, rash, Hypotension, Dyspnea, Necrotizing fasciitis, and multiple organ dysfunction syndrome       · Route of infection:    - Infection through mucous membrane and the part of wound     - Coughs and sneezes (respiratory droplets) spread viral infection.          · Treatment and vaccine:    - There are no vaccines for STSS    - Quick treatment at a medical facility is necessary when possible symptoms* come out     * High fever, Rash, Hypotension, Muscle aches, Surgical site infections, Edema, etc.      Prevent STSS  · Practice cough etiquette · Wash hands often   · Do not touch your eyes, nose, and mouth with unwashed hands  · Clean and cover wounds with a clean bandage  · See a doctor when possible symptoms occur  * (Suspicious symptoms) High fever, Rash, Hypotension, Muscle aches, Surgical site infections, Edema, etc.  · Recommendation of vaccination for Varicella and Influenza   *  Risk infections of Group A strep bacteria can increase because of infection of Varicella and Influenza           ※ Streptococcal Toxic Shock Syndrome (STSS) is not defined as a legal infectious disease in Korea, but a medical facility operates sentinel surveillance through △ Epidemiological surveillance for patients with scarlet fever and △ Monitors acute respiratory infections (AirNet)!  

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  2024-04-01

• How is the blossoming season predicted in spring?

        [Leaders Times] Pretty spring flowers!     How is the blossom season predicted in spring?   Climate change instigates flowers blooming even earlier.     Daily articles report the blossom season appearing earlier than in the past century. How can we anticipate the blooming of flowers, which vary depending on each region, town, or avenue? And why is flowering influenced by climate change?    Temperature and photoperiod are necessary for blooming.   According to one study, plants recognize seasonal change, which is affected by temperature and photoperiod (the length of light), and flowers bloom when they get the best conditions for flowering. So, diverse services announce the blossom season, except for the weather service after examining the highest temperature and the blooming day.  ※ The weather service does announce the fluorescence of flowers; they do not predict the blossom season. Services such as forest service and private weather services were provided starting in 2016.    What was the standard of the past blossoming day?    Weather services make seasonal observations that identify the progress of climate change through observation, analysis, and estimation of the sample tree. They have recorded the generation and fluorescence, full of blooming Japanese apricot flowers, forsythias, azaleas, and cherry blossoms with the naked eye.    Usually, full blooms are 2-3 days after fluorescence or around a week if they are late.  Check the data for blooming flowers and forecast them before enjoying spring flowers!   

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  2024-04-01

• Minister Lee Jong-ho Represents Korea at the 2024 Nuclear Energy Summit in Brussels

    Minister Lee Jong-ho of the Ministry of Science and ICT recently participated as the senior representative of Korea at the '2024 Nuclear Energy Summit.' The summit, held at the Brussels Expo on March 21 and co-hosted by the International Atomic Energy Agency and Belgium, gathered stakeholders from 38 countries, including nuclear operating nations and those intending to expand or initiate nuclear power generation and industry.    This milestone event marked the first multilateral summit in the field of nuclear energy, focusing on conveying messages emphasizing the crucial role of nuclear energy in addressing climate change, enhancing energy security, and promoting economic prosperity and development. It also aimed to foster active support for expanding nuclear capabilities from countries seeking to transition from fossil fuels to clean energy, ensuring the continued innovation of nuclear technology and industry.    Minister Lee highlighted Korea's commitment to expanding nuclear power, citing initiatives such as the construction of Shin Hanul Units 3 and 4, the continued operation of existing nuclear power plants, and independent technology development for next-generation nuclear reactors including small modular reactors (SMRs). The minister emphasized the importance of continued investment in innovative research and development, such as SMRs, as promising technologies for tripling global nuclear power generation capacity by 2050.    The summit provided an opportunity for nuclear research institutions and industries in Korea, such as the Korea Atomic Energy Research Institute, Korea Hydro & Nuclear Power Co, to engage in discussions with relevant agencies from key partner countries on cooperation projects.    In conclusion, Minister Lee's participation in the 2024 Nuclear Energy Summit underscored Korea's commitment to global cooperation in nuclear energy, highlighting its role as a leader in nuclear technology innovation and its dedication to contributing to a sustainable energy future.  

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  2024-04-01

• The 3rd Summit for Democracy

  [Leaders Times] The Korean government will host the Summit for Democracy on March 18-20.    The Summit for Democracy, led by US President Biden, was the global conference system in  2010. In March 2023, the United States, in cooperation with South Korea, Costa Rica, the  Netherlands, and Zambia, held the Secondary Summit for Democracy.    On the first day, March 18, the third Summit for Democracy will proceed to the ministerial  conference about the subject ‘AI, Digital Technology and Democracy.’The opening ceremony,  including a discussion and workshop led by internal and external civil society, will be held on the  second day, March 19.    The third Summit for Democracy will be held with a virtual meeting on March 20 at night.  President Yoon Suk Yeol will organize a virtual summit with the prime minister of Denmark,  Mette Frederiksen, and Kenyan President William Ruto. Moreover, three countries—South  Korea, Denmark, and Kenya—will preside over each session of the Summit for Democracy.  President Yoon Suk Yeol will lead a second session on ‘Technology, election, and fake news.’     This Summit for Democracy, hosted on ‘Democracy for Future Generations,’ will be the  opportunity to plant certainty in global youth, who will play a leading role in the future and  actively reflect their voices. During the Summit for Democracy, varied arguments will progress,  and designs will be planned to be published to support global youth-empowering innovation.    Our government holds the Summit for Democracy because our democratic leadership enforces to  reflect international society’s high credibility and expectations. Our government contributes to  democracy promotion by sharing the experiences and outcomes of Korea, where it has developed  and fostered democracy in international society. Through this process, the government will push  ahead with its vision of a global hub country.       

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  2024-03-18

• CJK+ASEAN Young Ambassador Program2024: A Collaboration Initiative by TCS for Future Cooperation

    In a bid to foster forward-looking cooperative relationships among students from Japan, China, and South Korea, a program has been initiated in China where participants exchange views on global issues. This year marks the program's 10th iteration, and for the first time, it has been expanded to include students from ASEAN countries, thereby broadening its regional reach.  The exchange program, organized by the Trilateral Cooperation Secretariat operates under agreements between the governments of the three countries and recruits students annually. This milestone 10th edition sees the inclusion of students from ASEAN (the Association of Southeast Asian Nations) countries. The opening ceremony, held in Nanning, southern China, on Feb. 27th, saw the participation of 50 students from nine countries.  Participating students expressed their aspirations to "share expertise and technologies among East Asian countries facing common challenges" and to "forge lasting friendships and continue exchanges throughout their lives."  Following the ceremony, students received lectures from experts on various issues, including the disparity between developed and developing countries.  Lee Hee-sup, Secretary-General of the TCS, emphasized the importance of mutual understanding among young people for forward-looking cooperation. He stated, "By expanding exchanges among the three countries, we aim to promote cooperation for the future of East Asia."  The exchange program ran for 10 days, during which participants exchanged opinions on common issues such as aging populations and climate change, thereby deepening their understanding of international cooperation.

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  2024-03-18

• Cofounding Angel for Kor-Fils’s Journey with Leaderstimes,

      I contributed to donating aid to single parent Korean Filipino households since 2021. Starting off as a journalist for Leaderstimes, I got in touch with the Philippines coordinator Mr. Kong to help create the NGO with Global Leaders Club. As our organization funded the education for Filipino children throughout the years, I decided to visit two of the families supported by Angel for Kor-Fils’s Journey in Silang, Philippines.   Silang, situated an hour away from Metro Manila, unfolded as a testament to the socio-economic disparities prevailing in the country, as the families supported by the nonprofit organization resided in homes with bare minimum support.   Despite the challenges posed by their living conditions, Jisoo and Jinju, two remarkable individuals aged 10 and 16, opened their homes and hearts to me. What stood out amidst these challenging circumstances was the extraordinary passion for education exhibited by Jisoo and Jinju. Jisoo, at the age of 10, harbors dreams of becoming a medical doctor, with a fervent interest in science. As she delves into the intricacies of biology, exploring different organs, her aspiration to contribute to the medical field shines brightly. On the other hand, 16-year-old Jinju found a love for accounting and business, looking to start her own business one day to support her family.   These dreams, woven with determination and resilience, are particularly remarkable given their humble beginnings. The undying enthusiasm for education and clear career goals set Jisoo and Jinju apart. Our culture exchange trip, sharing Korean culture through gifting folktale books and a traditional Korean board game Yut-nori, hoped to encourage the young scholars to embrace both their Korean and Filipina identities while pursuing their educational goals. I have no doubt that the girls will find success as long as they maintain their persistence and patience.   I realized how much potential there is in every child through conversations with the families during the trip. Providing scholarships and support for education, I was honored to be able to provide the chance for economically disadvantaged to shine. With Leaderstimes and Global Leaders Club, I seek to continue my multicultural, philanthropy and expand Angel for Kor-Fils’s Journey to more households in need. As we’ve already expanded into Cambodia, I hope Global Leaders Club members will join in our support for the underprivileged.

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  2024-02-29

• President Yoon Suk-yeol Vows to Establish Best Investment Environment

    President Yoon Suk-yeol has committed to fostering a world-class investment environment, aiming to attract global investors and bolster economic growth in South Korea. His pledge comes as a significant step towards enhancing korea's competitiveness in the international market.    In a recent announcement, President Yoon underscored the importance of creating an attractive investment landscape that aligns with global standards. He emphasized the need to streamline regulations, expand incentives, and provide robust support mechanisms to facilitate foreign investment across various sectors.    Acknowledging the pivotal role of foreign investment in driving economic progress, President Yoon expressed gratitude to foreigninvestment companies for their contributions to the Korean market. He highlighted the record-breaking influx of foreign investment in the previous year, amounting to approximately $32.7 billion, as a testament to Korea's potential as an investment destination.    The President's commitment to dismantling barriers and implementing investor-friendly policies reflects a proactive approach towards positioning Korea as a preferred destination for international businesses. By prioritizing transparency, efficiency, and innovation, President Yoon aims to elevate Korea's standing as a leading hub for global investment.    Furthermore, President Yoon's vision extends beyond mere economic growth; he envisions Korea as a beacon of opportunity and prosperity for companies seeking expansion and collaboration. By fostering a conducive environment for investment, he seeks to stimulate job creation, promote technological advancement, and drive sustainable development initiatives.    President Yoon's pledge to establish a world-class investment environment resonates with stakeholders across various sectors, including business leaders, government officials, and industry experts. The collective effort to cultivate an ecosystem that nurtures innovation and entrepreneurship underscores Korea's commitment to driving inclusive growth and fostering long-term prosperity.    As President Yoon embarks on this ambitious endeavor, he calls for collaboration and partnership among all stakeholders to realize the shared vision of a dynamic and resilient economy. With unwavering determination and strategic foresight, President Yoon aims to chart a path towards sustained prosperity and global leadership in the realm of investment and economic development.

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  2024-02-19

• Smart Animal Husbandry, First Step for Future Livestock Industry

  Minister Song Mi-ryung visited the smart livestock farm in Pyeongtaek-si, Gyeonggi Province, encouraged youth ranchers, listened to the difficulty of the place, and discussed the expansion of smart animal husbandry. Livestock facility[Leaders Times] On February 6th at 4:30, Minister of Agriculture, Food and Rural Affairs Song Mi-ryung visited the smart piggery in Pyeongtaek-si, Gyeonggi Province, observed the place of smart animal husbandry, and conducted a meeting about a method of expansion of smart animal husbandry with youth ranchers who are practicing future smart livestock. Livestock farm (Rosefarm), where she visited, is a smart piggery that optimizes feed supplements to retrench approximately 19% of feed cost compared with normal farms, considering the growth stages of mother pigs and piglets and brings a system of exhausting air in the center and air washer in to decrease odor innovatively. Minister Song declared the schemes to reinforce necessary support for the expansion of smart livestock and to emphasize smart animal husbandry as the powerful way of advancing the livestock industry that overcomes the problems of livestock farming through the scientific control of odor and animal disease and the improvement of production. Also, she heard diverse opinions from youth ranchers, smart equipment manufacturers, and people from a public institution that certifies livestock products (KAPE) at the meeting after visiting a smart piggery.At this meeting, the youth ranchers suggested ▲enforcement of expansion and supplement of smart farms focused on solutions, ▲increasing opportunity and experience of youth farmers, such as practical education, and ▲establishing big data platforms for the smart equipment and expansion of the use of solutions. Minister Song responded that the Agriculture, Food and Rural Affairs will create a performance model of each type and field for smart animal husbandry and increase the opportunity experience steadily. Moreover, she declared to find a varied improvement plan for the achievement and creation of smart livestock. Minister of Agriculture, Food and Rural Affairs Song Mi-ryung said that future growing industrialization of the agricultural industry needs to foster an agricultural innovative ecosystem that encourages youth ranchers’ creative ideas and capability. She requested that fervor and innovation youth ranchers who were at the meeting might endeavor to expand to a good model of society with related organization.”

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  2024-02-08

• Hosting the First Asia Maritime Security Agency Chiefs Meeting in Korea

      The Korea Coast Guard has announced its plans to host the 20th Asia Maritime Security Agency Chiefs Meeting in South Korea this year, marking a significant development as it will be the first time the event is held in the country. This initiative is in response to the growing importance of maritime security, aligned with the Indo-Pacific strategy, and aims to strengthen maritime security cooperation among key nations in the Indo-Pacific region.   Established in 2004, the Asia Maritime Security Agency Chiefs Meeting serves as a collaborative organization with the participation of 22 countries in Asia, including Korea, China, Japan, and various Southeast Asian nations. Additionally, the organization includes one region (Hong Kong) and two international organizations, namely ReCAAP-ISC for Asia-Pacific counter-piracy cooperation and UNODC for the United Nations Office on Drugs and Crime.    The upcoming meeting, scheduled to take place in Incheon in June and September, will be organized into five expert groups. These groups will focus on discussing critical topics such as capacity-building for maritime security agencies in the Asian region, prevention of maritime crime, marine environmental protection, search and rescue operations, and information exchange. The primary objective is to deliberate on collaborative measures to enhance safety and security in maritime environments.    Of particular note is the meeting's emphasis on addressing the pressing issue of drug trafficking through the seas into domestic territories. Member countries plan to enhance practical information exchange, strengthen cooperation, and establish an international collaborative framework among Asian nations.    Kim Jong-wook, the head of the Korea Coast Guard, stated, "Considering that this is the first time Korea is hosting the meeting of Asian maritime security agencies, we are preparing various programs, including promoting Hallyu culture. We aim to share the capabilities of the Korean Coast Guard with Asian nations, actively contribute to strengthening maritime security cooperation with key nations in the Indo-Pacific region, and strive to fulfill our role and responsibilities as a global central nation in the international community."

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  2024-01-22

• President Yoon Suk-yeol Attends 2024 Securities and Derivatives Market Opening Ceremony

    On the morning of January 2nd, President Yoon Suk-yeolattended the '2024 Securities and Derivatives Market Opening Ceremony' held at the Korea Exchange Seoul Office. This marks a significant event, as it is the first time in history that the incumbent president has participated in the stock market opening ceremony.    President Yoon, who had attended similar ceremonies during his presidential campaign, emphasized the pivotal role of the capital market in the development of a free-market economy. His presence at the event today signifies a commitment to encouraging the advancement of the nation's capital market.    In his address, the President characterized the stock market as the 'arena of mutual growth,' where the nation and businesses grow together. He also referred to it as the 'ladder of opportunities,' supporting the accumulation of the nation's assets. President Yoon highlighted the importance of activating the financial investment sector to prevent social stratification and enhance societal dynamism.    Addressing the undervaluation of the stock market in South Korea, despite the presence of globally competitive companies, President Yoon expressed his commitment to resolving the 'Korea Discount' through the deregulation of the capital market during his term.    The President announced plans to prepare 'short selling reform measures' smoothly, promote the abolition of the financial investment income tax, and positively consider amendments to commercial laws to enhance benefits for small shareholders. Additionally, he disclosed intentions to significantly expand programs supporting the formation of national assets, such as Individual Savings Accounts (ISA).    In conclusion, President Yoon pledged to support a fair market through continuous communication with market participants. The event saw the attendance of approximately 160 professionals from the financial investment industry. Notable government and authority figures present included Prime Minister Cho Sang-mok, who also serves as the Minister of Economy and Finance, Financial Services Commission Chairman Kim Joo-hyun and so on.

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  2024-01-08

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• Landmark 6G Frequency Identification at WRC-23 Paves Way for Next-Generation Wireless Era

    [Leaders Times] Marking a significant milestone in global telecommunications, the World Radiocommunication Conferences 2023 (WRC-23) has reached a successful conclusion. As the premier decision-making assembly organized by the International Telecommunications Union (ITU), WRC-23 focuses on critical aspects of frequency allocation and radio communications worldwide. The event, spanning four weeks from November 20 to December 15, was hosted in Dubai, United Arab Emirates. It saw the participation of approximately 3,800 experts from 162 countries, encompassing government and industry specialists.    The South Korean government played a pivotal role in this global event, assembling a 49-member delegation comprising experts from the Ministry of Science and ICT, the Ministry of National Defense, the National Radio Research Institute, and industry giants like Samsung Electronics. This team was instrumental in enhancing international frequency cooperation.    With the advent of the 6G era on the horizon, South Korea has been at the forefront of international efforts to identify potential 6G frequency resources, particularly in collaboration with the Asia-Pacific region and the United States. The Korean delegation was particularly proactive in shaping the agenda for the upcoming WRC (WRC-27), proposing the 4.4-15.35GHz band as a prime candidate for 6G. This initiative led to the adoption of three out of four bands proposed by Korea as potential 6G frequencies at WRC-23. The Ministry of Science and ICT is now set to lead discussions on the development and standardization of 6G technology by 2027.    A significant achievement at WRC-23 was the reinforcement of Wi-Fi service protection, particularly in the 6GHz band, which is a collaborative effort between Korea and the U.S. For the first time, the ITU’s Radio Regulations have incorporated provisions for Wi-Fi usage in this band, paving the way for stable, interference-free Wi-Fi services, crucial for enhancing service speed and quality.    Additionally, the conference marked advancements in safety functions for maritime and aviation sectors. The allocation of new frequencies for satellite-based air traffic control will mitigate communication dead zones over the oceans. Moreover, the Korean delegation secured agreements with global entities, including the U.S. and France, to ensure the stable provision of satellite-based SOS text services.    The conference also established operational guidelines for new non-terrestrial satellites (ESIM), facilitating convenient Internet access on aircraft and ships. Previously, most satellite services required fixed installations. The new ESIM regulations will allow for more flexible, high-speed Internet services in these mobile environments.    Furthermore, WRC-23 introduced regulations to protect existing geostationary and future complex communication satellites from interference by the burgeoning non-geostationary satellite systems, ensuring the stable operation of Korea’s satellite network.    For the first time, the conference included discussions on space weather, addressing the impact of solar activity on satellites, terrestrial communications, and power infrastructure. This focus is expected to form a foundational strategy for protecting public safety and infrastructure.    Looking ahead, the Ministry of Science and ICT plans to dispatch mobile communication experts to the ITU in early 2024, following an MoU signed in August 2023. This initiative aims to position Korea as a leader in 6G frequency exploration at WRC-27.    Park Yun-Kyu, the second vice minister of the Ministry of Science and ICT, emphasized the success of Korea's proactive radio diplomacy at WRC-23, leading to the adoption of 6G candidate frequencies for future WRC agendas. The ministry is committed to swiftly implementing follow-up actions for frequency allocation and spearheading initiatives for public safety enhancement and industry growth.    The mobile telecommunications and manufacturing industries have warmly received the outcomes of WRC-23, signaling a readiness to research and adapt to the newly identified mid-to long-range 6G frequencies, anticipating transformative impacts on future network technologies.   

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  2023-12-23

• Fair Trade Commission Chair Prioritizes Support for Navigating EU Regulations

    [Leaders Times] On December 4, in Paris, France, Han Ki-jeong, chair of the Korean Fair Trade Commission (KFTC), spearheaded a crucial meeting with representatives from prominent Korean companies poised to penetrate the European market.   This pivotal gathering, a first since Han's appointment, saw participation from leaders of six Korean corporations, including Samsung Electronics and Hanwha Solutions. The session was centered on delineating the implications of the newly implemented Digital Market Act and the emerging guidelines on supply chain due diligence, pertinent to Korean enterprises in Europe.   Chairman Han meticulously outlined the potential impacts of these regulations on Korean firms and actively solicited feedback on the challenges and suggestions these companies face in the European market.    The Digital Market Act, a focal point of discussion, targets major digital platform companies. It categorizes certain large platform operators as "gatekeepers," subjecting them to unique regulatory measures. These gatekeepers are mandated to avoid unauthorized data harvesting from third-party services and to eschew favoring their own services, extending beyond existing competition laws.    Effective since May, the Act led global platforms like Google and Apple to acknowledge their gatekeeper status to the EU. The EU Commission, consequently, designated six entities - Google, Apple, Amazon, Meta, Microsoft, and ByteDance (TikTok's parent company from China) as gatekeepers on September 6. Samsung Electronics, though it pre-emptively declared compliance with gatekeeper criteria, was ultimately not included in the EU Commission's final list. The FTC, acknowledging the ongoing debate over domestic platforms' gatekeeper status, committed to monitoring developments and enhancing understanding of the Digital Market Act's specifics.    The meeting also delved into the "Business Sustainability Due Diligence Guidelines." Aimed at unifying EU standards for supply chain due diligence, these guidelines emphasize human rights and environmental protection. Passed by the EU Parliament in June, the final draft is anticipated by year's end, following deliberations among the EU Parliament, Commission, and Council.    Upon implementation, companies entering the EU market will need to assess and manage their supply chain's impact on human rights and the environment. Non-compliance could lead to civil liability and fines. Korean companies expressed concerns over potential fair trade law breaches, like "undue management interference," in executing these due diligences. The FTC plans to mitigate these apprehensions through proactive public relations and educational initiatives.    Participants urged a collaborative approach between public and private sectors to address shared challenges, highlighting the usefulness of information on global competition policy trends from the FTC and EU competition forums.    Concluding the meeting, Chairman Han vowed to reflect the field's input in future policies, emphasizing the necessity for prompt and informed responses to economic instability and international regulatory systems to safeguard legitimate business pursuits.

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  2023-12-23

• Daegu Concert House: Special Christmas Concert, ‘Winter Wonderland’

      [Leaders Times] At the Daegu Concert House, the special Christmas concert ‘Winter Wonderland’ presents colorful and romantic music that families and couples can enjoy and relish together. Christmas carols and opera arias which are cherished by everyone are performed with the enchanting melody of the graceful voices of conductor Sol Chin, saxophonist Brandon Choi, soprano Soonyoung Kim and tenor Hyechan Ahn. Audiences are invited to a splendid concert on the evening of December 24, Christmas Eve.  Christmas day is awaited annually by people of all genders, and Daegu Concert House presents a Christmas concert, providing a distinguished end of the year celebration.   After a year of dedicated efforts, we all end the year with joy, regret, and anticipation as diverse experiences and perspectives shape the culmination of the year. As though consoling us, the Christmas concert would offer abundant music such as audiences' cherished carols, opera arias, and uplifting music as a gift to each from a single stage. May this occasion provide a time of sweet relaxation and a moment of solace, allowing individuals to enjoy music alongside their companions or family. In this concert, conductor Sol Chin, who is internationally recognized not only for her expertise in traditional classical music but also for her proficiency in modern music, game music, and OSTs, will participate. Recently, Sol Chin has energetically engaged in various capacities, notably serving as the principal music consultant for classical music in the tvN drama ‘Maestro,’ starring actress Youngae Lee. The performance, abundant with beautiful moments, will unfold through the collaboration of saxophonist Brandon Choi who expresses the popular trend of the saxophone, tenor Ahn Hyechan who is loved in the classical, crossover, and musical genres, soprano Soonyoung Kim with her warm and clear vocal tones, and the Dio Orchestra.

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  2023-12-23

• President Yoon established ‘Semiconductor Alliance’ with the Netherlands

    President Yoon Suk-yeol, accompanied by King Willem-Alexander of the Netherlands, visited the headquarters of ASML, a leading semiconductor equipment manufacturing company, on December 12. The visit included a meeting with representatives from major semiconductor companies in Korea, the Netherlands, and Europe, along with a tour of the production site for next-generation Extreme Ultraviolet (EUV) lithography equipment.    ASML, based in Veldhoven, the Netherlands, stands as the global leader in producing EUV lithography equipment crucial for advanced semiconductor manufacturing used in artificial intelligence, smartphones, and more. The company has maintained a longstanding collaboration with South Korean semiconductor firms.    Upon arrival, President Yoon Suk-yeol and King Willem-Alexander ceremonially signed a wafer to commemorate the historic visit, with the signed wafer set to be showcased in ASML's cleanroom.    Subsequently, the leaders convened with representatives from major semiconductor companies and institutions, including Samsung Electronics, SK Hynix, ASML (Netherlands, lithography equipment), ASM (Netherlands, deposition equipment), Zeiss (Germany, optical systems), and IMEC (Belgium, semiconductor research institution).    President Yoon commended ASML for its technological innovations, acknowledging its role as a driving force in the global Fourth Industrial Revolution. He expressed gratitude for the investments made by Dutch semiconductor companies, particularly ASML and ASM, in Korea, contributing significantly to production, research and development, and talent development.    Following the meeting, both governments signed three Memorandum of Understanding (MOUs) for semiconductor cooperation. President Yoonand King Willem-Alexander attended the MOU signing ceremony, celebrating the deepened investment and cooperation between Korea and the Netherlands, and extending congratulations to all stakeholders.    To conclude the visit, President Yoon Suk-yeol and King Willem-Alexander jointly inspected ASML's cleanroom, providing a first-ever public view of the next-generation EUV production site. The government plans to provide support to ensure the seamless implementation of the government and private-sector cooperation MOUs signed during this ASML visit.  

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  2023-12-18

• President Yoon issued Joint Statement with the Netherlands.

    During South Korean President Yoon Suk-yeol's state visit to the Netherlands from December 12 to 13, 2023, talks were held between President Yoon and Dutch Prime Minister Mark Rutte. The leaders reflected on the "Joint Statement on the Establishment of a Strategic Partnership," which was adopted during Prime Minister Rutte's visit to South Korea in November 2022.    In recognition of the 70th anniversary of the armistice agreement of the Korean War, the two leaders assessed the contributions of Dutch soldiers who participated in the conflict before diplomatic relations were established. They expressed satisfaction with the extensive cooperation between South Korea and the Netherlands over the past 62 years in areas such as the economy, trade, and culture, since the establishment of diplomatic relations in 1961.    Emphasizing their commitment as strategic partners, the leaders pledged to enhance cooperation between South Korea and the Netherlands, particularly in economic and maritime security, aiming to contribute to global peace, prosperity, and security. They also expressed their intent to strengthen partnerships in the Indo-Pacific and Euro-Atlantic regions.    Both leaders agreed that the state visit would serve as a stepping stone to further advance the relationship based on the strategic partnership. They welcomed specific measures, initiatives, and agreements in various areas, including politics, defense, security, society, economy, culture, and regional and multilateral domains, contributing to the ongoing implementation of the "Joint Statement on the Establishment of a Strategic Partnership."    The leaders welcomed progress made since the adoption of the joint statement and committed to continue and enhance high-level and expert-level bilateral dialogues and exchanges to implement the strategic partnership. They also welcomed the strengthening of defense and security cooperation, including the signing of a memorandum of understanding (MOU) on defense cooperation. The leaders expressed anticipation for the establishment of the Korea-Netherlands Defense Material Information Communication Committee, as announced in the MOU signed between the South Korean Defense Acquisition Program Administration and the Dutch Defense Materiel Organization in June 2023. The Netherlands welcomed South Korea's participation in the 2025 Joint Project Optic Windmill (JPOW) training as observers.

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  2023-12-18

• Vietnam and South Korea Propel Core Mineral Supply Chain

      South Korea and Vietnam are actively proceeding with the establishment of the "Korea-Vietnam Core Mineral Supply Chain Center" to expand the achievements of cooperation in supply chains, trade and investment, and energy discussed during the two recent summit meetings in December 2022 and June 2023. Additionally, both countries have agreed to enhance collaboration in the "Carbon-Free Initiative" and other areas related to carbon neutrality and future industries.    On December 7th, Minister of Industry, Trade, and Resources, Moon-kyuBang, presided over the "13th Korea-Vietnam Joint Committee on Industry" and the "7th Korea-Vietnam FTA Joint Committee" in Seoul's Shilla Hotel, where he discussed ways to strengthen economic cooperation between the two countries with Nguyen Hong Dien, Minister of Industry and Trade of Vietnam.    During the Industry Joint Committee, the two countries agreed to expedite the implementation of the "Memorandum of Understanding (MOU) on Core Mineral Supply Chain Cooperation" signed during the state visit, facilitating joint efforts in establishing the Core Mineral Supply Chain Center and advancing cooperation in material and component technology development. They also signed the "MOU on Joint Research for Core Mineral Supply Chain."    To achieve the declared goal of reaching a trade volume of $150 billion by 2030, both nations pledged to continue supporting a total of 111 agreements between private entities. They also decided to hold a total of 10 private-sector economic cooperation events, including trade counseling sessions and investment conferences, led by their respective trade promotion agencies (KOTRA - VIETRADE). Furthermore, the two countries committed to enhancing cooperation for carbon neutrality, including joint projects for greenhouse gas reduction and Vietnam's liquefied natural gas (LNG) power generation.    At the FTA Joint Committee, marking the 10th anniversary of the Korea-Vietnam FTA coming into effect in 2025, discussions focused on the strategic utilization of the FTA. The committee examined issues related to import regulations, updating Rules of Origin criteria by product, resolving non-tariff barriers, and agricultural trade. The goal is to check the progress of the Korea-Vietnam FTA and discuss collaboration methods to enhance its utilization by companies.     Minister Moon-kyuBangexpressed that the bilateral relationship has become closer than ever after the two recent summit meetings and pledged to expand cooperation with Vietnam not only in traditional manufacturing but also in new areas such as supply chains and clean energy based on past achievements.

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  2023-12-11

• The 22nd South Korea-UN Conference Advances Disarmament and

    The 22nd South Korea-UN Conference on Disarmament and Non-Proliferation, jointly hosted by the Ministry of Foreign Affairs and the UN Office for Disarmament Affairs (UNODA), commenced on December 4th in Geneva, Switzerland. The conference, held over two days, focused on the theme of "Artificial Intelligence (AI) Governance in Military Domains."    Participants in the 22nd South Korea-UN Conference on Disarmament and Non-Proliferation included diplomats, government officials, representatives from international organizations, academia, and the industry, spanning various fields related to AI, disarmament, and non-proliferation. Attendees featured notable figures such as Ambassador Lee Dong-ryeol, Special Adviser to the Minister of Foreign Affairs for International Security Affairs, and Ms. Izumi Nakamitsu, Under-Secretary-General and High Representative for Disarmament Affairs at the UN.    During the opening remarks, Ambassador Lee Dong-ryeoland High Representative Nakamitsu emphasized the importance of establishing international norms for responsible AI use in military domains. They highlighted the need for close cooperation between nations and sustained global attention to achieve this goal.    Ambassador Lee Dong-ryeolalso expressed hope that the conference would serve as a platform for sharing progress in discussions leading up to The Second Summit on Responsible Artificial Intelligence in the Military Domain(REAIM) scheduled in Seoul next year.    The 22nd conference addressed the multifaceted advantages and risks associated with the military application of AI. In-depth discussions were planned on AI governance and the formation of international norms in military domains. Specific topics included the benefits and risks of AI in military operations, the integration of AI in military decision-making processes, the incorporation of AI in weapon systems, and legal and ethical issues related to the military use of AI.    The conference program for December 4th included discussions on ▲the advantages and risks of AI in military operations, ▲the integration of AI in military decision-making processes, ▲the combination of AI in weapon systems, ▲the legal and ethical issues related to the military use of AI. The agenda for December 5th covered trends in AI discussions in other international conferences and the private sector, as well as regional approaches to the military use of AI.    Additionally, two outstanding students selected as part of the 2023 Disarmament and Non-Proliferation Youth Ambassadors participated in the conference as youth representatives, sharing their perspectives on AI's military applications through poster exhibitions.    The South Korean government aims to lead discussions on responsible AI use in military domains at the upcoming REAIM Summit in 2023 and contribute to the formation of international norms in this process.

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  2023-12-11

• France, Germany, and Italy oppose regulation of the foundation model, advocating for a 'voluntary code of conduct.'

    France, Germany, and Italy have insistedon the introduction of voluntary Codes of Conduct, rather than sanctions on foundation models (such as Chat GPT, which serves as the most basic and fundamental model for the development of high-level technology and systems) in relation to the EU 'Artificial Intelligence Act.' This is in direct conflict with the European Parliament's stance.   Based on the risks associated with artificial intelligence, the EU Executive Commission has advocated for the introduction of the world's first comprehensive law regulating the use of artificial intelligence, known as the 'Artificial Intelligence Act.' Currently, the European Parliament, the EU Council, and the EU Executive Commission are engaged in trilateral negotiations for the final legislation.   Recently, with the emergence of so-called 'foundation models' in artificial intelligence, France, Germany, and Italy have opposed the regulation of foundation models and have even raised the possibility of the entire Artificial Intelligence Act failing.   In a joint document drafted on the 19th, France, Germany, and Italy argued that the general regulation of foundation model artificial intelligence violates the principles of technological neutrality and risk-based AI regulation.   As an alternative, they proposed regulating the use of foundation models in a manner that aligns better with risk-based AI regulation and suggested introducing a 'Code of Conduct' for foundation model developers, making compliance mandatory.   Furthermore, they demanded that foundation model AI developers publicly disclose a summary of technical documents detailing information on the model card, technical details related to machine learning, and information about the capabilities and limitations of the model when optimally utilized.   However, they decided not to impose sanctions for violations of the Code of Conduct in the early stages of legal implementation. Instead, in the event of systematic violations of the Code of Conduct, they proposed conducting an analysis and impact assessment of the violations before introducing a sanction system.   Meanwhile, the European Parliament is internally discussing the regulation of foundation models. As the European Parliament insists on general regulation for foundation models, a clash with the EU Council seems inevitable.

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  2023-12-04

• President Yoon Suk-yeol attended theKorea National Day reception in Paris.

    President Yoon Suk-yeol and his wife visited Paris on the second day of their trip aimingto secure the successful hosting of the 2030 Busan World Expo. On the evening of November 24th (local time), they attended the official National Day reception at the Brongniart Palace in Paris, marking the final official event of their visit.   The President's visit, coming approximately five months after his last visit to Paris in June for the 4th presentation by the Bureau International des Expositions (BIE) and an official reception, is highly unusual. Such frequent visits to a single country within a year underscore the President's strong commitment to the success of hosting the 2030 Busan World Expo.   The National Day reception, themed "Transforming Our World, Navigating Toward a Better Future," aligns with the theme of the 2030 Busan World Expo. Approximately 600 attendees, including key figures from the French government, expatriates, ambassadors from various countries, and representatives from BIE member countries, participated.   During the reception, President Yoon and the First Lady reflected on the significance of the National Foundation Day, delivering a speech that acknowledged Korea's resilience throughout its history, from overcoming Japanese colonial rule to the challenges of the Korean War. Emphasizing Korea's role as a global responsible nation, they expressed a strong commitment and vision, pledging to lead in global solidarity through the 2030 Busan World Expo.   On November 28th, during the BIE General Assembly, the President and the First Lady engaged in last-minute negotiations to attract support for the 2030 World Expo bid, directly appealing to BIE representatives who will vote on the host city. Major business figures, including representatives from SK, Samsung, Hyundai, LG, and Lotte, joined the reception to support the unified "Korea Team" in negotiations with BIE member countries.   Furthermore, the National Day reception showcased Busan's unique strengths as a logistics hub in Northeast Asia and a driver of Korea's economic growth. It provided an opportunity to highlight Korea's attractiveness through its food, music, and traditional culture, leaving a lasting impression on BIE representatives just before the crucial vote.   This visit to Paris, strategically conducted close to the BIE General Assembly, is considered a high-level, impactful effort to influence the voting decisions of undecided member countries. The Korean government plans to leverage this momentum and make every effort to secure a successful bid until the voting at the General Assembly.    

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  2023-12-04

• The revised version of the 'EU Environmental Crime Directive,' which introduces criminal penalties for corporate environmental offenses, has been adopted.

    The European Parliament, the Council of the EU, and the European Commission have reached a final agreement on the amended draft of the 'EU Environmental Crime Directive.' This amendment permits the imposition of custodial sentences on management for significant corporate environmental crimes.    The revised draft, introduced in December 2021 to penalize and prevent major environmental crimes by corporations, is set to take effect in February of the next year, following formal approval by the European Parliament and subsequently by the Council of the EU.   The amendment underscores the 'polluter pays' principle, seeking to prevent future environmental crimes by imposing robust criminal penalties on companies involved in significant environmental offenses.    Moreover, in instances of environmental pollution occurring concurrently in multiple member states, the directive coordinates responses and facilitates effective sanctions to avert environmental pollution.    For companies breaching the directive and causing fatal accidents, the representative could face a maximum prison sentence of 10 years. In cases of significant environmental pollution (Qualified Offence) not resulting in fatalities, the maximum prison sentence is 8 years, while for other offenses, it is a maximum of 5 years.    Additionally, companies may be fined up to 5% of their global annual revenue, with the option of imposing a fixed fine ranging from 2.4 to 4 million euros. However, member states can select the fine rate between 3-5% and can impose a fixed fine between 2.4 to 4 million euros.    While there may be some variability in the fine amounts among member states, the definition of environmental crimes under this directive, encompassing deforestation, marine pollution, and the production of goods through the illegal exploitation of natural resources, uniformly applies across the EU.   On a separate note, environmental advocacy groups have welcomed the incorporation of the concept of 'Ecocide,' marking the world's first acknowledgment of ecocide as one of the environmental crimes punishable under criminal law.    However, criticism has arisen concerning the exclusion of illegal, unreported, and unregulated fishing (IUU fishing) from the environmental crimes that the directive can penalize.  

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  2023-11-27