(VOVworld) – North Korea has condemned the recent US-South Korea-Japan missile defense drills to counter growing threats from North Korea. South Korea’s Yonhap news agency quoted North Korea’s Rodon Sinmun daily as calling the drills a dangerous military act which will increase the confrontation on the Korean peninsula. The paper said North Korea will retaliate if similar drills recur. The US, Japan, and South Korea staged a three-day defense drill last month to coordinate activities to detect and trace any firing by North Korea of ballistic missiles. South Korea’s Foreign Minister Yoo Byung-se and US Secretary of State Rex Tillerson on Tuesday had a telephone conversation about how to stop North Korea’s nuclear missile program. The same day Tillerson spoke by telephone with Japanese Foreign Minister Fumio Kishida. … [Read more...] about North Korea condemns US-South Korea-Japan missile defense drill
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South Korea, Japan, US discuss measures to better handle threats from North Korea
(VOVworld)- South Korea, Japan and the United States held a senior-level video teleconference on Friday to discuss measures to better cope with increasing threats from North Korea, two days after Pyongyang test-fired two Rodong missiles. According to the Ministry of National Defense (MND) the video teleconference was aimed at sharing information on the latest missile launches and drawing up joint countermeasures against further military provocations. The three defense officials who joined the teleconference said the North's launches were a clear violation of UN Security Council (UNSC) resolutions. Its nuclear and missile ambitions were also a serious threat to peace and stability on the Korean Peninsula, as well as in the Asia-Pacific region. The three countries agreed to beef up cooperation to effectively counter evolving military threats from the North and continue to share information on any missile threats. … [Read more...] about South Korea, Japan, US discuss measures to better handle threats from North Korea
Vietnam predicts three investment waves from South Korea, Japan, US
VietNamNet Bridge - Diverse sources of foreign direct investment (FDI) are expected to help Vietnam create equilibrium in attracting FDI and ease reliance on certain sources. South Korea is now the biggest foreign investor in Vietnam, according to Hoang Thi Chinh from the HCM City Economics University, As Korean businesses have been prospering in Vietnam, and Vietnam and Republic of Korea relations are now very good, they will surely expand investment. Japanese investment in Vietnam, which now ranks the second in terms of scale, is also believed to increase sharply in the time to come, empowered by the good relations between the two countries and the Japanese appreciation about Vietnam as an investment site. Meanwhile, the US can see long term benefits in Vietnam, especially as Vietnam and the US are both members of the Trans Pacific Partnership Agreement (TPP). Chinh noted that Vietnam will have great opportunities from South Korean, Japanese and US investments. There will be … [Read more...] about Vietnam predicts three investment waves from South Korea, Japan, US
ASEAN Economic Ministers consult with China, South Korea, Japan
The 11th consultation between the ten ASEAN Economic Ministers and their Chinese counterpart Chen Deming opened in Siem Reap on Wednesday to discuss ways to boost cooperation in trade and investment. The talks also focused on a proposal of Hong Kong's access to the ASEAN-China Free Trade Agreement to improve regional economic integration. The ASEAN Ministers welcomed the proposal but they agreed that Hong Kong's access needs to be studied carefully. … [Read more...] about ASEAN Economic Ministers consult with China, South Korea, Japan
South Korea, Japan leaders to seek early resolution of ‘comfort women’ dispute
South Korean President Park Geun-hye and Japanese Prime Minister Shinzo Abe agreed on Monday to try to resolve as soon as possible a row over "comfort women" forced into prostitution in Japanese wartime military brothels, a feud that has been a major obstacle to better ties between two of Washington's key allies. Abe announced the agreement after the first formal talks between the two leaders since both took office, as they seek to move beyond a bitter wartime history that has haunted relations. "Regarding the issue of "comfort women", I believe we should not leave behind difficulties for future generations as we try to build a future-oriented cooperative relationship," Abe told reporters in Seoul after the talks, which lasted about an hour and 40 minutes. "It's the 50th anniversary of the normalization of (Japan-South Korea) ties this year. Keeping that in mind, we've agreed to accelerate talks for the earliest possible resolution." The meeting was a diplomatic plus for Abe, … [Read more...] about South Korea, Japan leaders to seek early resolution of ‘comfort women’ dispute