South Korea

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Investors find replacement for BRIC

Investors find replacement for BRIC

The Financial Times has published an article with a statement that the concept of BRIC, based on faith in the future of Brazil, Russia, India and China, is dead, and investors drew attention to such emerging markets as the TICK group, which …

Tehran and Seoul to use won-based settlement system

Tehran and Seoul to use won-based settlement system

Iran and South Korea have agreed to use the won-based mutual business system, the Yonhap news agency reports. This was the result of negotiations between officials from the finance and foreign ministries, as well as central …

Has North Korea detonated a thermonuclear bomb?

Has North Korea detonated a thermonuclear bomb?

North Korea announced today the first test of a thermonuclear hydrogen bomb, "a historic event for the DPRK" according to the words of the North Korean media. Details of the test are not given, based on indirect evidence from the South …

Russia remains among leaders of global arms market

Russia remains among leaders of global arms market

Experts of the US Congress have published a data report, according to which Russia is in the second place in respect of arms exportation in the world. Leadership also retained by the US. Recall …

Korean Embassy opens in Tbilisi

Korean Embassy opens in Tbilisi

The Embassy of the Republic of Korea was opened in Tbilisi, the press service of the Georgian Foreign Ministry announced. In this connection, the diplomatic representation held a reception attended by the Minister of Foreign Affairs of …

Foreign Minister of South Korea arrives in Tehran

Foreign Minister of South Korea arrives in Tehran

For the first time since 2001, the Foreign Minister of South Korea, Yun Ben Xie, arrived in Tehran for an official visit. It is reported that one of the topics of discussion between Yun Ben Xie and the Iranian …

US may deprive Uzbekistan of new Korean aircraft

US may deprive Uzbekistan of new Korean aircraft

Uzbekistan may remain without the South Korean combat training aircraft T-50 Golden Eagle, the Korea Times reports with reference to military sources. It is reported that the United States is ...

Asian countries started buying more oil from Iran

Asian countries started buying more oil from Iran

In August of this year, Asian countries have begun to buy 10% more oil from Iran in comparison with the same period in 2014. According to experts, this is tied with the achievement of a final …

Gabala and Gyeongju become twin cities

Gabala and Gyeongju become twin cities

An agreement on the establishment of friendly relations between the Azerbaijani town of Gabala and the South Korean city of Gyeongju has been signed during a visit to Gyeongju by the chief executive of the Gabala region, Sabuhi …

Sochi hosts South Korean Cultural Festival

Sochi hosts South Korean Cultural Festival

The Days of Culture of the Republic of Korea will begin in Sochi today. The residents and guests of the resort will watch Korean films and will learn to cook traditional dishes, the Plenipotentiary Minister and the director of the cultural center