South korea trade

Strengthening military ties between Vietnam and South Korea will advance the interests of both countries and help realize a shared vision, the defense ministers of both countries said on Monday. Towards this, Vietnamese defense minister Ngo Xuan Lich and visiting counterpart Song Young-moo signed a Memorandum of Understanding in Hanoi. Among other things, the MoU will boost humanitarian assistance and disaster relief activities between the two defense ministries in the coming time. Meeting with Young-moo following a welcome ceremony, Lich lauded the visit as a strong breakthrough for bilateral military ties, especially the effective implementation of the Joint Vision Statement on Defense Cooperation with a vision towards 2030 that the defense ministries signed in April 2018. Both sides exchanged views on global security issues and agreed to implement projects to strengthen bilateral military cooperation, human resources training, search for missing soldiers and post-war bomb and … [Read more...] about Vietnam, South Korea to strengthen military ties

By Reuters  &nbspMay 29, 2018 | 09:37 am GMT+7 Canada is concerned that steel imported from China, Vietnam and South Korea has harmed its steel industry. The steps follow US imposing steep import duties on steel products from Vietnam that originated in China. The Canadian International Trade Tribunal (CITT) said on Monday it has initiated a preliminary dumping inquiry into steel imported from China, South Korea and Vietnam. The tribunal will investigate whether the alleged dumping and subsidizing of “cold-reduced flat-rolled sheet products of carbon steel” from these countries have harmed Canada’s steel industry. CITT, which operates in Canada’s trade remedy system and reports to parliament, said it will determine the results of the investigation on July 24 and will provide the reasons for the same on August 8. Canada’s steps follow U.S. actions from last week when the United States Commerce Department had slapped steep import … [Read more...] about Canada initiates dumping inquiry into steel imports from China, Vietnam, South Korea

The leaders of China, Japan and South Korea meet in Tokyo on Wednesday in a powerful gesture of solidarity against the backdrop of historic diplomatic moves by North Korea and a push for the isolated country to give up its nuclear weapons. Last held in Seoul in 2015, the three-way summit has regularly brought together the neighbors, but this week’s gathering comes amid an unusual period of calm for ties often beset by territorial and historical disputes. As U.S. President Donald Trump steps up trade pressure on China and Japan, the talks could provide an opportunity for improving regional unity, said Katsuhiko Nakamura, an official of a private think-tank in the Japanese capital. “It’s meaningful to show that there’s a united front like this in Asia, that there are different alliances in the world than those that have traditionally dominated,” said Nakamura, a deputy executive director of the Asia Pacific Forum. Japanese Prime Minister Shinzo Abe will also … [Read more...] about China, Japan and South Korea to highlight unity amid North Korea moves