Category: Korea-General Topics

President Yoon’s Remarks Leads to New Worries About Threats to Korean Shipping from Iran

If the Iranian regime tries to again seize a ROK vessel doesn’t this just validate everything President Yoon said? If Iran doesn’t want to be the enemy of other Middle East nations maybe they should stop sponsoring terrorism and advancing their nuclear and missile programs:

Korean oil tanker, MT Hankuk Chemi, operated by DM Shipping, departs the Iranian port of Rajai, after being released, along with its captain, in this April 2021 file photo. Iranian authorities had seized the ship near the Strait of Hormuz in January 2021, alleging violations of environmental regulations. Courtesy of Ministry of Foreign Affairs

Korea’s lingering diplomatic conflict with Iran, inflamed by President Yoon Suk Yeol’s recent remarks branding the Middle Eastern country as the archenemy of the United Arab Emirates, has been mentioned as a potential threat to the Korean shipping industry, since the Korea Shipowners’ Association (KSA) issued a warning last Wednesday to vessels sailing in the Persian Gulf and the Strait of Hormuz to “remain vigilant.”

Just a few days after Yoon sparked the diplomatic controversy during his visit to the UAE, the KSA sent a letter to its members to warn them of growing concerns about the safety of ships sailing off the coast of Iran.

Korea Times

You can read more at the link.

Should South Korea Decrease Economic Dependence on China?

China is an existential threat to South Korea and has already tried once to destroy the ROK and continues to enable the Kim regime who’s goal is to eliminate the ROK as well. It seems decreasing dependence on Chinese trade and increasing trade with the U.S. is in the best interests of the ROK as the below article explores:

Over the past few years, Washington has launched countermeasures against Beijing such as imposing sanctions on Chinese tech firm Huawei, crafting the CHIPS and Science Act to encourage chip-making businesses to reshore their facilities and passing the Inflation Reduction Act (IRA) to contain the Chinese-dominated EV battery industry.

However, the power struggle between the world’s top two economies also inflicted unintended consequences on South Korean companies that have a high proportion of semiconductor and battery businesses in China.

Kim Dae-jong, a professor of business administration at Sejong University, said the South Korean government and companies should try to deepen cooperation with the U.S. and reduce their high dependence on China. “Ensuring national security is a value that should be considered a top priority in running a country,” he said. 

“Our economy is heavily dependent on international trade and the Chinese market, including Hong Kong, account for nearly 30 percent of the nation’s total trade in 2022. Given that China accounts for around 13 percent of the world economy, this can be interpreted that we are overly dependent on China at two or three times the average.”

He added, “Whether you agree or not, the U.S. has contributed the largest part of South Korea’s economic development. South Korea’s defense budget amounts to around 2 percent of GDP while North Korea spends about 26 percent of its GDP as of 2022. With the U.S. sharing a significant portion of our defense, we have been able to devote more resources to economic development instead of defense.” 

Korea Times

You can read more at the link.

Cold Warnings Issued Across South Korea

South Korea is getting hits by its coldest weather yet this winter:

Hikers walk on a floating bridge across the frozen Hantan River in Cheolwon County, Gangwon Province, on Jan. 19, 2023. (Yonhap)

 Cold wave alerts will be issued for most parts of the country Monday as the capital and central parts of the nation came under the grip of the season’s coldest weather.

The Korea Meteorological Administration (KMA) said the cold wave warning will take effect for all of Seoul at 9 p.m.

The cold wave warning is issued when the morning low is below minus 15 C for more than two consecutive days, or when the temperature drops sharply and major damage is expected.

The warning will be also issued for many areas in Incheon, 27 kilometers west of Seoul, and the provinces of Gyeonggi, Gangwon, Chungcheong and North Jeolla at the same time.

Yonhap

You can read more at the link.

South Korea Announces End to Indoor Mask Mandate

Mark your calendars, January 30th will be the end of the indoor mask mandate in South Korea:

An indoor mask mandate, which has been in place for two years and three months in Korea, will end from 12:00 a.m., Jan. 30, the Korea Disease Control and Prevention Agency (KDCA) said Friday. But the authorities stressed that people will still be required to wear masks at high-risk facilities such as hospitals and on public transport. 

The announcement, which comes after three years since Korea confirmed its first case of the coronavirus, represents a major milestone in the government’s shift in its pandemic response to living with the virus.

Korea Times

You can read more at the link, but even with the end of the mandate I suspect it will take another year before people start reverting back to the old normal of not wearing masks.

South Korea to Soon Make Decision on Indoor Mask Mandate

It is looking more likely that the indoor mask mandate will soon be repealed, however I don’t expect Koreans will be taking off their masks anytime soon:

Interior Minister Lee Sang-min speaks during a government COVID-19 response meeting in Seoul on Jan. 18, 2023. (Yonhap)

The government will decide when to lift the indoor mask mandate this week, as the country is past the peak of the latest winter COVID-19 wave, Interior Minister Lee Sang-min said Wednesday. 

“With this winter’s COVID-19 wave past its peak, the overall virus situation is stabilizing,” Lee said during a government virus response meeting. 

Taking the virus situation and other external factors into account, the government will determine when and to what extent the indoor mask mandate would be adjusted during the next virus response meeting scheduled for Friday, the minister noted.

Yonhap

You can read more at the link.

International Students Unhappy with Tuition Hike at Korean Universities

If you are an international student in South Korea you will once again be paying more for tuition this year:

International students take a photo on graduation day in front of SahmYook University, Seoul in 2020. Newsis

Amid what they say are financial struggles, local universities are relying on international students in their decision to raise international student tuition. 

This year’s hikes for international students are in sharp contrast to tuition for domestic students, which has been frozen for the last 15 years. 

Major universities in Seoul, including Chung-Ang University, Hanyang University, Sogang University, Sungkyunkwan University, the University of Seoul and Yonsei University, will raise tuition for international students by up to five percent this year, according to those in the education circle.

The main reason for the tuition hikes for international students is government restrictions on raising tuition for domestic students, they say. According to Korea’s Higher Education Act, tuition increases cannot be more than 1.5 times the average increase in consumer prices during the three preceding years, meaning that tuition for domestic students can only rise by up to 4.05 percent this year. 

Korea Times

You can read more at the link.

Iran Unhappy that President Yoon Said that Iran was the Enemy of UAE

If Iran is not a threat to the UAE as Iran claims, then why are U.S. and ROK troops stationed there?:

President Yoon Suk Yeol speaks during his visit to the Akh Unit in Abu Dhabi, United Arab Emirates, Sunday (local time). Yonhap

President Yoon Suk Yeol’s description of Iran as the “enemy” of the United Arab Emirates (UAE) has provoked protest from Tehran as it calls Yoon’s remark undiplomatic and asks for Seoul’s explanation.

The government is stepping up to prevent the issue from creating diplomatic problems with Iran. 

Yoon made the remarks during his visit to the Akh Unit, which trains the UAE’s special operations forces, Sunday (local time), as part of his efforts to encourage its soldiers. 

“You are here because the UAE is our brother nation,” Yoon told the troops. “And (defending) our brother nation’s security is as important as that of South Korea’s. The UAE’s enemy ― the most threatening nation ― is Iran and our enemy is North Korea… We are in a very similar position to the UAE.” 

He was on a four-day state visit to the Middle Eastern country when he made the comment.

Iranian Foreign Ministry Spokesman Nasser Kanaani said the ministry is looking into and following up on the comments of the Korean president on relations between the Islamic Republic of Iran and the UAE, which are neighboring countries with established diplomatic relations.

The spokesman also said Yoon’s remarks show he is totally unaware of the historical and friendly relations between Iran and the Persian Gulf littoral states, including the UAE, as well as positive developments quickly taking place in this regard.

Korea Times

You can read more at the link.