The Brazilian Confederation of Industry, CNI and the IndustriALL-Brasil (which represents industry unions) have officially requested that in the next Mercosur meeting, scheduled for early this month, Brazilian representatives withdraw the proposal for a reduction of block trade tariffs with other countries. However, both institutions also backed the current flexibilization of current trade talks with third countries, such as South Korea.
Paraguay's Minister of Industry and Commerce (MIC) Luis Alberto Castiglioni Friday discussed with South Korean Ambassador To Asunción In Shik Woo the establishment of an Auto Parts Technology Center for electric cars in the South American country, which is due to commence in 2022 and last for about five years, it was reported.
During his Bogota stop, South Korea's First Vice Foreign Minister Choi Jong-Kun expressed his country's concerns over Japan's intentions to release the contaminated water into the Pacific Ocean from the wrecked Fukushima nuclear plant, the Asian nation's Foreign Ministry announced Tuesday in a statement.
At least 13 South Koreans have died after receiving flu shots in recent days, according to official and local media reports, ramping up fears about vaccine safety even as authorities rule out a link.
The World Trade Organization (WTO) announced on Thursday that South Korea’s trade minister and a Harvard-trained former Nigerian finance minister have qualified as the two finalists to become the next director-general, ensuring a woman in the top job for the first time.
South Korea's swift handling of the COVID-19 crisis has provided a backdrop for a sharp increase in demand for premium and luxury cars, dealers and officials said, as wealthy people, insulated from many of the pandemic's worst effects, want to show off on the road.
South Korea's ruling party won a landslide victory in Wednesday's general election, partial results showed after the coronavirus pandemic turned the political tide in President Moon Jae-in's favor.
Temperature checks on voters, separate booths for those with fever, special polling stations for the quarantined: South Koreans headed to the polls on Wednesday with a big turnout expected despite the coronavirus threat.
South Korea said it will send medical equipment to the United States to fight the coronavirus if it has any spare after an urgent request from US President Donald Trump in which he promised to help Korean firms gain US government approval.
Sony and Amazon are the latest major companies to pull out of one of the world's largest tech shows because of risks posed by coronavirus. Sony said it would no longer take part in Mobile World Congress in Barcelona after “monitoring the evolving situation” after the coronavirus outbreak.