Author: GIKorea

U.S. Treasury Secretary Says South Korea Came with It’s “A-Game” and Expects a Deal Soon

That would be pretty impressive if South Korea becomes one of the first countries to secure and trade deal with the Trump administration. With that said what will be interesting is if it stays in effect when a new President takes over Korea:

U.S. Treasury Secretary Scott Bessent described high-level trade talks with South Korea in Washington on Thursday as “very successful,” noting that Seoul came with its “A-game” and anticipating that the allies will discuss “technical terms” as early as next week.

Bessent made the remarks in an interview with CNN, after he and U.S. Trade Representative (USTR) Jamieson Greer met with Seoul’s Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun for their “two-plus-two” trade consultations at the Department of the Treasury.

“We had a very successful bilateral meeting with the Republic of Korea today. We may be moving faster than I thought,” Bessent said, referring to South Korea by its official name.

“We will be talking (about) technical terms as early as next week as we reach that agreement on understanding as soon as next week. So the South Koreans came early. They came with their A game, and we will see if they follow through on that,” he added.

Yonhap

You can read more at the link.

Former President Moon Indicted for Corruption Involving His Former Son-In-Law

It looks like former President Moon may continue the tradition of former Korean presidents going to jail:

Former President Moon Jae-in was indicted without detention Thursday on charges of bribery, according to the Jeonju District Prosecutor’s Office.

Moon has been accused of allowing his former son-in-law to receive preferential treatment in securing a job with an airline. Almost 220 million won ($154,000) in salary and relocation expenses to Thailand were paid between July 2018 and April 2020, which constituted a de facto bribe to the former president, according to the prosecution.

Prosecutors launched an investigation into former President Moon Jae-in’s alleged involvement in the case after Seoul-based civic group Justice People filed a complaint in December 2021, alleging a possible quid pro quo involving Moon, his former son-in-law, identified by the surname Seo, and Lee Sang-jik — a former two-term lawmaker from the then-ruling Democratic Party and founder of budget airline Eastar Jet.

Prosecutors pinpointed Lee as the source of the alleged bribe and confirmed that Seo’s appointment as executive director of Thai Eastar Jet was made despite his lack of airline industry experience and the company’s financial struggles. A separate civil affairs team under Moon’s presidential office was involved in the process, the prosecution claims.

“Seo frequently left his post for extended periods, flew to South Korea or worked remotely. He did not provide proper labor befitting his position as the executive director. But Seo received a monthly salary of 8 million won, almost twice the salary of the airline’s CEO,” the Jeonju District Prosecutor’s Office said in a press release.

Korea Herald

You can read more at the link, but this was clearly a quid pro quo for his son-in-law to get this job he was not qualified for and apparently put little effort into. With that said imagine if the U.S. had the same corruption laws as Korea? Former president Joe Biden would be getting prosecuted for all the money his son has been making off of his dad’s name and position. Instead you have a whole political party and media establishment covering for him.

U.S. Secretary of State Recognizes North Korea as Nuclear Weapons State

It sounds like the State Department may finally be recognizing reality when dealing with North Korea now:

U.S. Secretary of State Marco Rubio has described North Korea as a “nuclear-armed” country in an apparent recognition of Pyongyang’s nuclear weapons capabilities, despite the Trump administration’s stated commitment to the “complete denuclearization” of the North.

Rubio used the expression in a podcast interview released Wednesday, as he pointed to a series of security challenges facing the United States, including those from China, Russia and Iran.

Yonhap

You can read more at the link, but the next reality the State Department needs to realize is that the Kim regime will never completely give up their nuclear weapons. Once the State Department completely recognizes reality when dealing with North Korea then maybe some kind of deal could be struck.

U.S. Secretary of Defense Calls For a “More Forward” Military Posture in the Indo-Pacific

We have been hearing for decades now about the pivot to the Pacific and where in the world does most of the U.S. military’s attention continue to go to? The Middle East of course, just look at the recent Patriot battalion deployment from Korea as the latest example of this:

The United States is delivering a “more forward” force posture in the Indo-Pacific to help deter an increasingly assertive China, the Pentagon chief said Wednesday, calling on allies and partners to “step up” to be “true force multipliers for freedom.”

Defense Secretary Pete Hegseth made the remarks during a speech at the U.S. Army War College in Pennsylvania, reaffirming America’s security commitment to the Indo-Pacific region and stressing that U.S. President Donald Trump’s America First policy does not mean “America alone.”

“Most importantly, we are deterring Communist China in the Indo-Pacific and around the world to deliver peace in this region,” Hegseth said. 

“We are delivering a more forward regional force posture. We are supporting allies and partners … Allies and partners are our force multipliers as they strengthen their own capabilities, including in Taiwan,” he added.

Yonhap

You can read more at the link.

Supreme Court to Deliberate on Election Law Violation Case Involving Presidential Candidate Lee Jae-myung

Here is where the real Korean Presidential election will happen. If the Supreme Court makes a ruling on this before the election it could possibly prevent the front runner Lee Jae-myung from becoming President:

The Supreme Court said Tuesday its full bench will deliberate on former Democratic Party leader Lee Jae-myung’s election law violation case after initially assigning it to a smaller panel.

The decision came after prosecutors appealed an appeals court ruling last month that acquitted Lee of lying as a presidential candidate during the 2022 election and overturned a lower court’s sentence of a suspended prison term.

The Supreme Court had first assigned the case to a four-member bench earlier in the day, but Chief Justice Cho Hee-dae decided on the full bench, consisting of 12 other justices, to oversee the case.

Cho reportedly made the decision after considering opinions from the court’s justices.

Court Justice Roh Tae-ak, however, requested to be withdrawn from the case due to potential conflict of interest as he doubles as the head of the National Election Commission.

The case has posed as a major legal hurdle for Lee, who is considered the front-runner for the upcoming June 3 presidential election.

Yonhap

You can read more at the link, but out of all the things Lee Jae-myung has been accused of his conviction of lying to the media has to be flimsiest. The conviction was overturned by an appeals court and is now being looked at by the Supreme Court.