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Open alliance launched for IoT standard
Dec 19, 2014
A foundation to commercialize the Internet of Things (IoT), one of the future's key information technologies, has now been established. On December 16, the Korea Electronics Technology Institute and some 50 companies, including Posco ICT and Cisco Systems, launched the Open Allia...

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Korea, China to study 'comfort women' issue
Dec 19, 2014
Korea and China have embarked on a joint study of the "comfort women" issue. On December 15, the Northeast Asian History Foundation signed a memorandum of understanding (MOU) with the Jilin Province Archives to conduct research into the issue of the comfort women, people who were...

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Korea, ASEAN forest cooperation: hope for 600 mil. peop...
Dec 18, 2014
The leaders of Indonesia and Cambodia have stressed the need for cooperation between Korea and ASEAN on the forestry sector at the 2014 Special ASEAN-ROK Ministerial Meeting on Forestry, held on December 11 in Busan. Indonesian President Joko Widodo delivers the keynote spee...

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ASEAN-Korea summit catches attention of foreign press
Dec 16, 2014
Foreign media outlets paid much attention to the ASEAN-Republic of Korea Commemorative Summit that was held in Busan on December 11 and 12. They reported with detail that Korea and Vietnam tentatively reached a free trade agreement (FTA) after two years of negotiations. The Wall ...

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High-tech classroom opens in Paraguay
Dec 16, 2014
A computer-equipped classroom has been opened in Asunción, Paraguay, that uses Korean information technology. A ceremony to celebrate the opening of the high-tech classroom was held at the No. 1 National School of Commerce (Escuela Nacional de Comercio Numero Uno) in Asunción on ...

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Seed industry IP to be strengthened
Dec 15, 2014
The Korea Seed and Variety Service (KSVS) and the Korean Intellectual Property Office (KIPO) have joined forces to develop and protect the domestic seed industry. The two organizations co-hosted a symposium on December 12 to discuss intellectual property (IP) surrounding newly de...

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Korea holds bilateral talks with Cambodia, Indonesia, M...
Dec 15, 2014
President Park Geun-hye has held bilateral summits with her Cambodian, Indonesian and Myanmar counterparts on the sidelines of the ASEAN-ROK Commemorative Summit. They discussed bilateral cooperation and measures to bolster their partnerships. President Park hosted a summit meeti...

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ASEAN leaders show interest in Korean fighter plane
Dec 15, 2014
ASEAN is showing more and more interest in Korea's indigenous combat planes. Sultan Hassanal Bolkiah of Brunei and President Benigno Aquino of the Philippines both visited an air base in Gimhae, Gyeongsangnam-do (South Gyeongsang Province), on December 12 to inspect the FA-50 fig...

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ASEAN-ROK Commemorative Summit adopts joint statement
Dec 12, 2014
The ASEAN-Republic of Korea Commemorative Summit has adopted a joint statement on its future vision and has wrapped up its schedule. Participating leaders attended the first and second sessions of the summit, luncheon and then a joint press conference. The themes of the two sessi...

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Korea, 10 Asian nations discuss financial infrastructur...
Dec 12, 2014
Officials from financial authorities and related institutions from Korea and 10 other Asian nations have gathered in Seoul to discuss shared economic growth. The first annual International Financial Cooperation Forum was held on December 9 where participants talked about, "Streng...