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Press Releases

Korea places eighth out of 100 countries in IBP survey
[ Ministry of Strategy and Finance ]
Jan 30, 2013
Korea was ranked 8th out of 100 countries surveyed in the 2012 Open Budget Index (OBI), a survey conducted by the International Budget Partnership. Korea’s ranking rose two places since the last survey conducted in 2010. Korea’s OPI numbers were consistent with other major OECD c...
Digital Budget Accounting System MOU with Russia
[ Ministry of Strategy and Finance ]
Jan 30, 2013
Vice Minister of Finance Kim Dongyun signed a Memorandum of Understanding (MOU) on Technical Cooperation Related to Korea’s Digital Budget Accounting System (known as ‘dBrain’) on January 28. In April of last year, experts from Russia visited Korea to benchmark the dBrain system,...
OECD DAC releases evaluation of Korea’s development aid...
[ Ministry of Strategy and Finance ]
Jan 30, 2013
The OECD Development Assistance Committee (DAC) released its review of Korea’s development aid on January 30. Korea, which had been a recipient country until 1995, joined the OECD DAC in January 2010. The review is the first official review since Korea joined the assistance commi...
Restrictions on the Use of ROK Passports in Iraq, Yemen...
[ Ministry of Foreign Affairs ]
Jan 25, 2013
1. The Foreign Ministry held the 22nd meeting of the Passport Policy Commission on January 25 to discuss whether to extend the restrictions on the use of passports for travel (or travel ban on) to Iraq, Yemen and Syria, which are due to expire soon.* The passport restrictions for...
Retail Sales Figures for 2012
[ Ministry of Trade, Industry and Energy ]
Jan 24, 2013
The Ministry of Knowledge Economy has released its retail sales figures for 2012. Sales at the nation’s three major discount chains fell 3.3 percent year on year due to fewer working days and weak consumer sentiment as a result of the eurozone economic crisis. Spending in all cat...
Comments by the Spokesperson of the Ministry of Foreign...
[ Ministry of Foreign Affairs ]
Jan 23, 2013
1. The Government of the Republic of Korea welcomes and supports the unanimous adoption of the United Nations Security Council Resolution 2087 (2013) on January 22 15:10 (Eastern Standard Time) which strengthens sanctions against North Korea in reflection of the shared concern of...
ROK to Provide Flood-stricken Indonesia with US$200,000...
[ Ministry of Foreign Affairs ]
Jan 23, 2013
1. The government of the Republic of Korea has decided to provide humanitarian assistance worth 200,000 US dollars to Indonesia that recently sustained enormous damage from heavy rains in Jakarta. * The recent heavy rains, which started on January 15, left 15 people dead and 18...
UN Security Council Adopts Resolution 2087 Strengthenin...
[ Ministry of Foreign Affairs ]
Jan 23, 2013
1. On January 23 (January 22, New York time), the UN Security Council unanimously adopted Resolution 2087 condemning North Korea’s launch of the  long-range missile on December 12, 2012 and further expanding and strengthening the sanctions on North Korea contained in resolut...
ROK Airlines to Enjoy More Open Italian Air Cargo Marke...
[ Ministry of Land, Infrastructure and Transport ]
Jan 23, 2013
ROK Airlines to Enjoy More Open Italian Air Cargo Market   The Ministry of Land, Transport and Maritime Affairs (MLTM, Minister Do-Youp Kwon) announced that, in accordance with the results of the Korea-Italy air consultations held on 22 January 2013 in Rome, the designat...
Localization of the construction method of rubber wheel...
[ Ministry of Land, Infrastructure and Transport ]
Jan 22, 2013
Localization of the construction method of   rubber wheel lightweight train runways - Enhanced construction method of the rubber wheel concrete runways designated as new transport technology-   The Ministry of Land, Transport and Maritime Affairs of the Re...