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Press Releases

Capital Regulations under Basel III to be Implemented t...
[ Financial Services Commission ]
Nov 25, 2013
Press Release November 25, 2013       Capital Regulations under Basel III to be Implemented to Domestic Banks from December 2013     Basel III capital regulations will be phased in to domestic banks from December 1, 2013, as part of strengthene...
Foreign Minister Meets with the Deputy Prime Minister a...
[ Ministry of Foreign Affairs ]
Nov 25, 2013
1. On November 25, Foreign Minister Yun Byung-se met with Deputy Prime Minister and Foreign Minister Miroslav Lajcak of Slovakia, who was on a visit to the Republic of Korea. In the meeting, the two sides discussed key ROK-Slovakia issues in such sectors as political affairs, eco...
MOFA Spokesperson's Commentary on the Agreement on Init...
[ Ministry of Foreign Affairs ]
Nov 24, 2013
1. The Government of the Republic of Korea welcomes the agreement reached between the P5+1 (China, France, Germany, Russia, the UK and the US) and Iran in Geneva on November 24 (local time), which calls for taking initial steps toward the resolution of the Iranian nuclear issue, ...
KECO-Water Sanitation for Africa embark on environmenta...
[ Ministry of Environment ]
Nov 22, 2013
Korea Environment Corporation (KECO) takes the first step to pioneer Africa’s environmental market. KECO and Water Sanitation for Africa (WSA), the representative organization for water and hygiene in Africa, sign MOU to improve environmental infrastructure in the field of wa...
ROK Government Decides to Offer USD20 Million in Grant ...
[ Ministry of Foreign Affairs ]
Nov 22, 2013
1. In a bid to help the Philippines, which sustained enormous damage from Typhoon Haiyan that hit the country on November 8, the Foreign Ministry of the Republic of Korea has decided to provide the former country with 20 million US dollars in grant aid for the next three years (i...
ROK to Dispatch the 2nd Batch of the Korea Disaster Rel...
[ Ministry of Foreign Affairs ]
Nov 22, 2013
1. The government of the Republic of Korea, having sent the first group of the Korea Disaster Relief Team (KDRT) to the Philippines to support the latter country’s efforts to recover from Typhoon Haiyan from November 15 through 24, has decided to dispatch its second 45-member gro...
Outcome of the ROK-China Director-General-level Consult...
[ Ministry of Foreign Affairs ]
Nov 22, 2013
1. The Republic of Korea and China held a director-general-level consultation on multilateral economic issues in Beijing on November 21, with Director-General for Multilateral Economic Affairs of the ROK Foreign Ministry Chung Byung-hwa and his Chinese counterpart Zhang Jun as he...
Deputy Minister for Political Affairs to Visit Iran and...
[ Ministry of Foreign Affairs ]
Nov 21, 2013
1. The Foreign Ministry’s Deputy Minister for Political Affairs Lee Kyung-soo will visit Iran and Latvia from November 25 through December 4 to discuss bilateral issues between the Republic of Korea and the two countries. He will also stop in Paris, France, to preside over a meet...
ROK and the US to Hold their 4th Counter-terrorism Cons...
[ Ministry of Foreign Affairs ]
Nov 20, 2013
1. The 4th Counter-terrorism Consultation between the Republic of Korea and the United States will take place in Seoul on November 21, with Huh Chul, Ambassador for Global Counter-terrorism Cooperation, and Jerry Lanier, Acting Coordinator of the Bureau of Counter-terrorism of th...
ROK Elected as a Member of the World Heritage Committee...
[ Ministry of Foreign Affairs ]
Nov 20, 2013
1. The Republic of Korea was elected as a member of the World Heritage Committee (WHC) for the 2013-2017 term in its first-round vote held during the 19th session of the General Assembly of States Parties to Convention concerning the Protection of the World Cultural and Natural H...