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Ministry of Foreign Affairs

First-Ever High-Level Plenary Meeting Organized by UN General Assembly to Discuss Human Rights Situation in DPRK

1. The government of the Republic of Korea attended the high-level plenary meeting on the human rights situation in the Democratic People’s Republic of Korea (DPRK) convened by the President of the 79th session of the UN General Assembly on May 20 in New York.2. The meeting was o...

May 21,2025

Ministry of Foreign Affairs

Deputy Minister for Political Affairs Chung Byung-won Attends 24th Meeting of IORA Council of Ministers and Announces Plan to Launch ROK-Indian Ocean Cooperation Fund

1. On May 21 (KST), Mr. Chung Byung-won, Deputy Minister for Political Affairs at the Ministry of Foreign Affairs of the Republic of Korea (ROK), attended the 24th meeting of the Council of Ministers (COM) of the Indian Ocean Rim Association (IORA) held in a virtual format. He sh...

May 21,2025

Ministry of Agriculture, Food and Rural Affairs

The K-Smart Farm Roadshow Leads to Fruitful Results in Kazakhstan and Azerbaijan

The K-Smart Farm Roadshow Leads to Fruitful Results in Kazakhstan and Azerbaijan Sejong, 21 May 2025 —The Ministry of Agriculture, Food and Rural Affairs (MAFRA) and the Korea Trade-Investment Promotion Agency (KOTRA) jointly held this year’s first K-Smart Farm Roadshow...

May 21,2025

Ministry of Environment

Harmony with Nature and Sustainable Development: 2025 International Day for Biological Diversity Celebration Set to Launch

▷ Government commemorative ceremony to be held at Sejong National Arboretum on May 22 for International Day for Biological DiversityThe Ministry of Environment (Minister Kim Wansup) will hold a commemorative event for the 2025 International Day for Biological Diversity (Wetl...

May 21,2025

Ministry of Land, Infrastructure and Transport

Decision on Google's Request for Taking High Definition Map of Korea Abroad Postponed

The National Geographic Information Institute (NGII, Director General CHO Woo-seok) under the Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) announced that it has decided to defer its decision on Google's request to take the high definition natio...

May 20,2025

Ministry of Foreign Affairs

REAIM Regional Consultations Held in Asia-Pacific

1. The Republic of Korea, together with Spain and the Netherlands, is hosting the Asia-Pacific Regional Consultation of the REAIM (Responsible AI in the Military domain) Summit in Seoul from May 20 (Tue.) to 21 (Wed.).2. The REAIM Summit is an international forum launched to enha...

May 20,2025

Ministry of Trade, Industry and Energy

Korea’s automobile exports record $6.5 billion in April

Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced today that domestic automobile sales for the month of April 2025 logged 150,622 units, increasing month-on-month for the third consecutive month. Domestic sales advanced 6.7 percent year-on-year on the backs o...

May 20,2025

Bank of Korea

Household Credits in Q1 2025

□ Total household credits outstanding increased by 2.8 trillion won in Q1 2025 to stand at 1,928.7 trillion won as of end-March, with household loans totaling 1,810.3 trillion won and merchandise credits 118.5 trillion won. o Household loans increased by 4.7 trillion won dur...

May 20,2025

Financial Services Commission

FSC Announces Plan to Implement Third-stage Stressed DSR Rule as Scheduled from July 1

The Financial Services Commission held a meeting on household debt with officials from related government ministries, industry groups, and five major banks on May 20. At the meeting, officials reviewed recent household debt situation and risk factors and discussed detailed m...

May 20,2025

Financial Services Commission

KoFIU Unveils H2 2024 Survey Result on Virtual Asset Service Providers

The Korea Financial Intelligence Unit (KoFIU) conducted a survey on 25 registered virtual asset service providers (VASPs) to assess the current state of the domestic virtual asset market and keep relevant statistics up to date. Survey Overview (Respondents)  25 VAS...

May 20,2025