By Lee Jon-young | In April last year, five construction companies, including GS E&C, Daebo E&C, and Dongbu E&C, were suspended from business due to the Incheon Geomdan apartment incident, and credit rating agencies downgraded their ratings and outlooks. This, coupled with the uncertain external environment and market downturn, has raised concerns about the level of financial burden on construction companies. GS E&C, which has been suffering from bad reputation due to poor construction, announced on February 15 that it will sell 'Songdo Xi Scenery Granoble', which will be built
외교저널 (Diplomacy Journal) 이정하 기자 | 한덕수 국무총리는 1월 16일 스위스 다보스에서 개막한 세계경제포럼(World Economic Forum, WEF) 연차총회(“다보스 포럼”)에 참석했다. 한 총리는 이날 오전 11시 다보스에 도착해 △원자력과 인공지능을 주제로 한 2개 포럼 세션에 참석하고 △베트남 총리와의 양자회담 △베스타스, 시스코 등 글로벌 기업 대표 접견 등 촘촘한 일정을 가졌다. 한 총리는 ‘新원자력’ 세션에 선도 발언자로 참석하여, △탈탄소 실현 △에너지 안보 강화 △지속가능발전에 원전이 기여할 수 있도록 원전 선도국으로서 한국이 노력해 나가겠다고 밝혔다. 한 총리는 기후변화 대응과 에너지 안보 강화를 위한 원전의 중요성을 지적하고, 1972년 이래 30개 이상의 국내 및 UAE 바카라 원전을 성공적으로 완공하는 등 한국이 원전 건설 전 주기에 걸쳐 우수한 기술력과 풍부한 경험을 보유한 국가임을 강조했다. 이어서, 미래 무탄소 에너지원으로서 소형모듈원전(SMR)의 장점을 언급하고, SMR 기술 혁신을 선도하기 위한 한국의 R&D 정책, 국내외 기업들의 활발한
외교저널 (Diplomacy Journal) Kayla Lee | Hankuk University of Foreign Studies (HUFS) announced on Dec. 7 that Prof. Kim Jin-ah of the LD Department of the university has been appointed as a member of the UN Advisory Board on Disarmament Matters under the umbrella of UN Secretary-General António Guterres. The UN Advisory Board on Disarmament Matters, established by agreement of the UN General Assembly in 1978, consists of 15 ambassadors and civilian experts. Prof. Kim is the third South Korean and first civilian to be appointed to the member of the UN Advisory Board on Disarmament Matters. Beginnin
By Kim Ji-eun Singapore Tourism Board (STB) announced the appointment of Nicky Seet as the new head of its Korea office on Dec. 20. Nicky Seet will continue to lead strategic planning, marketing and promotional activities to make Singapore an attractive destination for Koreans, in line with the launch of Singapore Tourism Board's new global campaign, 'Made in Singapore'. She joined Singapore Tourism Board in 2015 as Senior Manager, Lifestyle Area Development, where she spearheaded the regeneration of Singapore's Orchard Road and supported various community activities. Orchard Road has recently
By Kayla Lee LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles (EVs) and collaborate with key partners from development to supply chain. On December 20, LG Chem held the groundbreaking ceremony for its cathode plant in Tennessee. The event was attended by guests including Tennessee Governor Bill Lee, Commissioner Stuart McWhorter, Senator Mars
By Lee Kap-soo U.S. Ambassador to Korea Philip Goldberg said on Dec. 27, "The people-to-people relationship between the United States and South Korea is the core foundation of our diplomacy, economic competitiveness, and national security." In his 2024 New Year message to the U.S.-ROK Alliance Foundation, Ambassador Goldberg said that this relationship is "a strong anchor for the friendship between our two countries." "As we celebrated the 70th anniversary of the U.S.-South Korea alliance in 2023, I reflect on what we have accomplished," Goldberg said, citing President Yoon Suk-yeol's state vi
By Lee Kap-soo On December 27, President of the Republic of Uzbekistan Shavkat Mirziyoyev participated in the launching ceremony of major joint projects in the field of green energy and gave a speech. Below is the full text of the speech of the head of Uzbekistan at this ceremony. Distinguished participants of the solemn ceremony! Ladies and gentlemen! At the outset, I am happy to see you all on the eve of New Year at the solemn ceremony dedicated to the launch of major joint projects in the field of ‘green’ energy, which is a landmark event in the life of New Uzbekistan. You are well aware th
By Lee Kap-soo On December 27, President of the Republic of Uzbekistan Shavkat Mirziyoyev participated in the commissioning ceremony and connecting to the network 5 solar and 1 wind power plants in six regions of the country. The event was attended by the CEO of Masdar, Mohamed Jameel Al Ramahi, Vice President of China Energy Engineering Corporation Wu Yun, Chairman of the Board of China Energy International Group Lyu Zexiang, Chairman of the Board of China Gezhouba Group Lin Xiaodan, CEOs of SEPCO III, Dongfang Electric Corporation and others, with whom these important investment projects are
(Exclusive Interview) By Lee Jon-young "In the upcoming year of 2024, I will do my best to build a predictable audit environment and encourage active management to innovate the organizational culture of KSPO," said Ha Hyung-joo, the standing auditor of Korea Sports Promotion Foundation (KSPO), on Dec. 28. In an exclusive interview with Diplomacy Jopurnal, Ha said, "It has been five months since I was appointed as the standing auditor of the KSPO, and I have improved my understanding of the KSPO's business through reports from each business unit, and I have set the audit philosophy and directio
외교저널 (Diplomacy Journal) 이정하 기자 | 박진 외교부 장관은 12월 28일 한-GCC FTA 협상 타결을 계기로 방한한 '자심 모하메드 알비다이위(Jasem Mohamed Albudaiwi)' 걸프협력회의(GCC, Gulf Cooperation Council) 사무총장과 면담하고 한국과 GCC 국가간 협력 현황 등에 대해 협의했다. 박 장관은 한-GCC FTA 협상이 타결된 것을 환영하고, 동 FTA가 한국과 GCC 회원국 간 교역 확대의 중요한 기반이 되기를 기대한다고 했다. 또한 박 장관은 올해 윤석열 대통령이 1월 UAE, 10월 사우디ㆍ카타르를 국빈 방문하여 정상 간 신뢰를 강화하고 경제협력을 제고하는 성과를 거두었다고 하고, 한국은 GCC 국가들의 산업 다각화 추진에 있어 핵심 협력 파트너로서 기여해 나가고자 한다고 했다. 알비다이위 사무총장은 한-GCC 관계에서 가장 중요한 현안중 하나였던 FTA가 타결된 것을 기쁘게 생각한다고 하고, 이를 기반으로 한국과 GCC 국가 간 협력이 제조업, 방산, 의료, 문화 등 분야로 확대ㆍ심화되기를 바란다고 했다. 박 장관은 알비다이
By Lee Kap-soo GS E&C (Engineering & Construction) is still reeling from the aftermath of the 'Incheon Geomdan Apartment collapse incident'. The company's financial health has been put on red alert as the cost burden of rebuilding the entire complex has increased, and profitability has declined due to the downturn in the housing market and rising cost rates. According to the industry sources, GS E&C's growing debt and deteriorating financial strength are weighing on its creditworthiness. Korea Ratings recently downgraded GS E&C's unsecured bond rating to 'A/stable' from 'A+/neg
By Kayla Lee In 1978, at the age of 25, Arok Jung Gui-ja joined the Jeong Soo-hee's Folk Painting Institute, located in the Seoul National University Alumni Hall building near Gwanghwamun, after watching a TV program about folk paintings. This choice led to her eventual ascension to the status of Seoul City's Intangible Cultural Heritage Folk Painting Artisan. It was a chance encounter with folk painting that turned out to be fateful. In 1980, she met Kim Man-hee, the first and only master folk painter of Korea and the Seoul City Intangible Cultural Property No. 18, as her second teacher and s
외교저널 (Diplomacy Journal) 이정하 기자 | 외교부는 우리의 정책, 지식, 문화 등을 통해 외국 국민의 이해와 신뢰를 증진시키는 공공외교 활동을 전개하고 있으며, 우리 국민들의 공공외교 활동 참여를 확대하기 위한 다양한 노력을 지속하고 있다. 이러한 노력의 일환으로, 올해 「제1회 대국민 공공외교 우수사례 공모전」을 개최했다. 이번 공모전의 주제는 ‘공공외교 활동을 통해 해외에서 대한민국에 대한 이해와 신뢰를 증진시킨 경험’ 이었으며, 이에 대해 우리 국민과 재외동포들이 70여개국에서 수행한 418건의 공공외교 활동이 수기와 영상 형태로 응모됐다. 국가별 접수 순위는 한국이 191건으로 가장 많았으며 중국(25건), 미국(19건), 베트남(18건), 브라질(9건) 등이었다. 접수된 응모작들에 대해 한달여 간의 심사를 진행한 결과, 대상 1개(상금 300만원), 우수상 3개(상금 각 150만원), 장려상 9개(상금 각 50만원) 등 13개의 수상작이 선정되었다. 12월 11일(월) 외교부에서 개최된 시상식에 참석한 수상자들은 묵묵히 해왔던 일들이 이렇게 우수사례로 선정되어 그간의 노력을 인정받은 것 같아 기쁘다는 소감을 말하며 눈물을 보이기도
By Lee Kap-soo The UN General Assembly unanimously adopted the resolution initiated by Uzbekistan "Central Asia in the face of environmental challenges: strengthening regional solidarity for the sake of sustainable development and prosperity," reports a correspondent of the "Dunyo" information agency. The intergovernmental negotiation process to develop and agree on the text of the resolution took place over two months, namely in October-November at the UN headquarters in New York. Experts from countries from all continents of the world, including the USA, Russia, China, France, Great Britain,
By Lee Kap-soo (New Year Message) Dear readers of the Diplomacy Journal, At the beginning of my duties at the Venezuelan Embassy in Seoul, in September 2023, the Diplomacy Journal was one of my first windows to learn about the dynamics of diplomacy in the Republic of Korea, important reason to thank you for this opportunity given to send a message about my country, the Bolivarian Republic of Venezuela, and our wishes for a great year ahead of us 2024. I come from a country that is almost 15 thousand kilometers of distance from Seoul, with thons of optimism to take advantage of this physical di