Author: GIKorea

President Moon Vows to Help Diversify Saudi Arabia’s Economy During Crown Prince’s Visit to South Korea

The Saudi Crown Prince received a very warm welcome in South Korea despite the controversy around his alleged ordering of the killing of a journalist:

President Moon Jae-in, left, and Saudi Arabian Crown Prince Mohammed bin Salman review an honor guard at a welcoming ceremony at the Blue House on Wednesday. [YONHAP]

President Moon Jae-in held a summit Wednesday with Mohammed bin Salman, the crown prince of Saudi Arabia and de facto ruler of the oil-rich kingdom, and agreed to diversify and expand bilateral cooperation. 

The governments and companies from the two countries signed economic agreements worth over $8 billion.

The summit took place at the Blue House in the afternoon as a part of the crown prince’s two-day trip to Korea. During the summit, the two leaders discussed moving beyond traditional cooperation in energy and infrastructure industries, according to a joint press release. 

Moon expressed support for Saudi’s Vision 2030, an economic and social reform initiative pushed by the crown prince. The two leaders agreed to strengthen a bilateral strategic partnership to promote the program, according to the statement. 

Saudi Vision 2030, announced in April 2016 by the crown prince, is supposed to reduce the country’s dependence on oil while diversifying its economy. Korea is one of Saudi Arabia’s eight strategic partners in the project, along with the United States, Japan and China. 

Saudi Arabia is Korea’s largest supplier of crude oil. It is also Korea’s most important economic partner in the Middle East. 

Joong Ang Ilbo

You can read more at the link.

Tweet of the Day: New Blood Alcohol Content Law in South Korea

Picture of the Day: Another Former President Park Official on Trial

Ex-Park aide at trial
Ex-Park aide at trialWoo Byung-woo, a former aide to ousted President Park Geun-hye, arrives at a high court in Seoul on June 25, 2019, to attend a trial on charges of illegal surveillance and power abuse. (Yonhap) 

Man Slams Car Packed with Butane Into U.S. Embassy Gate in Seoul

Here is another crazy guy that slammed his car into the gate of the U.S. Embassy in Seoul:

 A South Korean man was arrested Tuesday for crashing his sedan into the front gate of the U.S. Embassy in central Seoul, police said. No one was hurt in the incident.

Officials at the Jongno Police Station said the 40-year-old man, identified only by his surname, Park, suddenly turned his car toward the embassy gate and rammed into it. Some 20 cans of butane gas were found in the car.

Investigators are trying to find out about his motive for the crash. They plan to seek a warrant on Wednesday to formally detain him.

Yonhap

You can read more at the link, but last year another crazy guy slammed his car into the U.S. Embassy gate as well. At least we know it is a well constructed gate.

Kim Yo-jong Believed to Have Been Promoted to a North Korean National Leader

Considering that she is Kim Jong-un’s trusted sister, she has probably always been a national leader, but is now officially filling the role:

Kim Yo-yong

North Korean leader’s younger sister, Kim Yo-jong, has been elevated to the level of a national leader, an upgrade from her previous role as a protocol assistant to the leader, the main South Korean intelligence agency concluded Tuesday in its analysis of Chinese President Xi Jinping’s unprecedented state visit to the North last week. 

The National Intelligence Service (NIS) on Tuesday briefed Rep. Lee Hye-hoon of the Bareunmirae Party, chairwoman of the National Assembly’s Intelligence Committee, about Xi’s visit to the North on Thursday and Friday. Following the briefing, Lee met with journalists and shared some of the NIS’s analysis, which dissected in detail Xi’s 27-hour stay in Pyongyang, including his summit with North Korean leader Kim Jong-un.

According to Lee, Kim Yo-jong has been elevated to the level of a national leader. 

“If you look at the photos [of last week’s summit], she was standing in the same level of Choe Ryong-hae, president of the Presidium of the Supreme People’s Assembly, and Ri Su-yon, vice chairman of the Workers’ Party,” Lee quoted the NIS as saying. “The NIS believes that Kim’s role has been adjusted and her weight has been increased [within the North’s regime].” 

Joong Ang Ilbo

You can read more at the link.

Taiwanese Man Commits Suicide After Conviction for Breaking Oil Sanctions Against North Korea

Legally going after the people and organizations that break sanctions and freezing their assets like what happened with this guy should be vigorously pursued:

A South Korean cargo vessel suspected of illicitly transferring oil to a North Korean ship is impounded at a shipyard in Busan Harbor. [YONHAP]

Taiwan’s justice ministry has expressed regret after a businessman convicted over illegal oil sales to North Korea leapt to his death.

Authorities launched a probe into Chen Shih-hsien last year after Seoul said it had detained a Hong Kong-registered ship suspected of transferring oil to a North Korean vessel, flouting UN sanctions. 

Chen, 54, was later indicted on forgery charges for making a false declaration that a ship he had chartered was bound for Hong Kong when it actually sailed to international waters to sell the oil. 

A district court in southern Kaohsiung city last month sentenced him to 119 days in jail, suspended for two years.

Chen’s assets were frozen after Taiwan’s government imposed a ban on all financial dealings with him and locked up his companies’ bank accounts due to the probe, which he was appealing against.

The justice ministry said in a statement it deeply regretted the passing of Chen, who jumped from a building on Friday in a suspected suicide. 

Local media said Chen left a “suicide note” while prosecutors were not immediately available for comment.

Chen’s case revolved around a ship called the Lighthouse Winmore, which was impounded in late 2017 by South Korean authorities after it allegedly transferred 600 tonnes of oil to the North’s Sam Jong 2.

The vessel was chartered by the Billions Bunker Group, which is incorporated in the Marshall Islands and run by Chen.

Reports said Chen sold oil products through “a Chinese middleman”.

AFP

You can read more at the link, but China is always going to be the weak link when it comes to sanctions and probably all the more reason why the Trump administration has been putting economic pressure on them.

Tweet of the Day: Korean War Not Forgotten

Picture of the Day: Korean War Anniversary

Korean War anniversary
Korean War anniversaryDefense Minister Jeong Kyeong-doo burns incense to pay tribute to South Korean patriotic martyrs and war dead at the National Cemetery in Seoul on June 25, 2019, the 69th anniversary of the outbreak of the 1950-53 Korean War, in this photo provided by the ministry. (Yonhap) 

Supporters of Former President Park Forcibly Removed from Gwanghamun Square

I am not a fan of occupying Gwanghamun Square with tents, but would the government remove tents of their political allies if they set them up in Gwanghamun Square?:

Officials from the Seoul Metropolitan Government and hired workers tear down tents illegally set up by the Our Republican Party at Gwanghwamun Square in central Seoul, Tuesday, clashing with party members and its supporters. / Yonhap

The Seoul Metropolitan Government removed tents, Tuesday, which had been put up illegally by a far-right minor opposition party in Gwanghwamun Square protesting the imprisonment of former President Park Geun-hye.

However, the Our Republican Party, put up new tent on the same spot just five hours later, indicating a possible clash between it and the city government in the near future.

According to the city government, 500 municipal officials and 400 hired workers raided the spot at 5:20 a.m. to remove two tents and a canopy installed by the party.

The party, which changed its name the previous day from the Korean Patriots Party, set up the tents May 10 for sit-in protests calling for an investigation into the deaths of five pro-Park supporters who died during a 2017 rally against the impeachment of the former president. Seoul City has been sending letters of notification to the party to remove the tents set up without its permission. 

The officials and workers clashed with 400 party members and supporters, who tried to protect the tents after a city official read out a notice on the execution of an administrative order.

Korea Times

You can read more at the link.