
Parliamentary leaders of South Korea and Brazil agreed Monday in Seoul to put forth efforts to promote economic ties between the two nations in the framework of Mercosur, through closer interactions at the parliamentary level.

South Korea is moving to stem future cases of bird flu as foot-and-mouth disease (FMD) outbreaks have been largely put under control, the government.

South Korea's central bank has left its main interest rate unchanged at 2.75%, bucking a trend that has seen borrowing costs rise across Asia as policymakers try to slow inflation.

Argentine President Cristina Fernández de Kirchner travels Monday to South Korea in order to take part in the Heads of State Group of Twenty (G-20) Summit that will be held Thursday and Friday in Seoul.

South Korea, Asia’s fourth largest economy is seeking to launch bilateral trade talks with Mercosur in a move to deepen links with Latinamerica according to a report from the Yonhap news agency.