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The terms included an increase of annual U.S. auto exports from 25,000 vehicles to 50,000 that are only required to meet U.S. safety regulations instead of South Korean regulations. A cap will also be placed on steel exports from South Korea to the United States, though South Korea will remain exempt from the 25% steel tariff the Trump ...
The ship also carried an art troupe and was the first North Korean ship to arrive in South Korea since 2002. [ 20 ] [ 21 ] This ship carried, among other people, a 150 person North Korean delegation for the 2018 Winter Olympics to the port of Mukho , under a special exemption from a 16 year ban on North Korean vessels.
The Port of Busan is the largest port in South Korea, located in the city of Busan, South Korea. Its location is known as Busan Harbor. [a] The port is ranked sixth in the world's container throughput and is the largest seaport in South Korea. The port is operated by the Busan Port Authority, which was founded in 2004 as a public company. In ...
2010 - South Korea breaks off all trade with the North after a naval ship is sunk by a North Korean torpedo. 2012 - South Korea elects its first female president, Park Geun-hye.
Russia has been quietly shipping refined petroleum to North Korea at levels that appear to violate a cap imposed by the United Nations Security Council, the White House said on Thursday, with new ...
The ban on sea activities was said to be an attempt by North Korea's erratic leader Kim Jong Un to, quote, "prevent seawater from being infected with the virus." ... In addition to restrictions on ...
Restrictions on imports were removed, but a variety of non-tariff barriers complicated trade structure. In 1986, Korea for the first time achieved a favorable trade balance, a trade surplus of US$4.2 billion. However the transformations in the trade policy eventually lead to challenges in the 1990s.
In South Korea, President Yoon had not been clear about what restrictions will be in place, but the Yonhap news agency cited the military as saying activities by parliament and political parties ...
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