World
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Korea turns to coal, nuclear and diversification to improvise vs Gulf shock
SEOUL, March 25 (AJP) - As the Middle East war grinds deeper and energy lifelines fray one by one, South Korea finds itself staring down a crisis it long feared but never quite prepared for — the real prospect of running short on the gas that powers homes and electricity grids, keeping Asia's fourth-largest economy running. QatarEnergy, the Gulf state's national energy company, announced Tuesday it would suspend LNG deliveries to South Korea, China, Italy and Belgium,
March 25, 2026
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Korea braces for fertilizer crunch on top of energy crisis in Gulf fallout
SEOUL, March 24 (AJP) - As the Middle East war drags into its third week, the extensive closure of Strait of Hormuz is no longer just an energy story. Beneath the surface, it is beginning to choke the fertilizer supply chain that underpins global food production — a shift that could soon translate into higher food prices for import-dependent economies like South Korea. About 40 percent of South Korea's urea and ammonia — key inputs for nitrogen fertilizers — mo
March 24, 2026
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KITA launches Korea-India Exchange Committee to boost business cooperation
SEOUL, March 24 (AJP) - The Korea International Trade Association (KITA) announced Tuesday that it has launched the Korea-India Exchange Committee in Seoul to strengthen bilateral economic cooperation. The committee will operate through two groups: an India committee within KITA comprising 28 Korean companies either operating in or seeking entry into India, and a Korea committee under the Confederation of Indian Industry (CII), made up of Indian companies interested in expanding int
March 24, 2026
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Last tanker to clear Hormuz before closure arrives in Korea
SEOUL, March 20 (AJP) - A crude oil tanker that narrowly passed through the Strait of Hormuz before Iran’s closure has arrived in South Korea on Friday, raising concerns over potential supply disruptions. The government and the refining industry are bracing for a worsening supply situation, viewing the vessel as the last shipment to clear the strait before the blockade took effect. According to industry sources, the tanker Eagle Vellore arrived at the Port of Daesan in Seos
March 20, 2026
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Korea stays out of joint statement by US allies condemning Iran
SEOUL, March 20 (AJP) - South Korea signaled strategic caution by staying out of a joint statement by key U.S. allies, condemning Iran over its effective closure of the Strait of Hormuz while stopping short of committing to the U.S. call for naval support in the region. warships to the crippled waterway. A foreign ministry official said Friday that Seoul is “well aware of the situation” regarding the joint statement by the United Kingdom, France, Germany, Italy, the Ne
March 20, 2026
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US pitches Alaska to South Korea and Japan as Gulf substitute for energy import
SEOUL, March 20 (AJP) -While pressuring allies to help reopen the Strait of Hormuz, Washington is also selling them an alternative — Alaska. The pitch is becoming increasingly explicit: if South Korea and Japan are unwilling or unable to shoulder more of the military burden in the Gulf, they can instead buy into a U.S.-controlled energy system that bypasses it. That strategy gained a timely boost on Wednesday, when the United States showcased investor appetite for its Ar
March 20, 2026
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Uzbekistan and Tajikistan trade potential estimated at forty percent growth
SEOUL, March 19 (AJP) - The Center for Economic Research and Reforms has determined Thursday that mutual trade between Uzbekistan and Tajikistan possesses the potential to increase by 30 to 40 percent. This assessment was presented today in Tashkent during an international conference regarding new prospects for a regional alliance. The center, an analytical body under the Administration of the President of Uzbekistan, indicates that bilateral engagement remains only partially realize
March 19, 2026
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North Korea's growing weapons programs pose 'significant threats,' US report warns
SEOUL, March 19 (AJP) - North Korea "remains committed to expanding its strategic weapons programs, including missiles and nuclear warheads, and to solidifying its deterrent capability," posing a threat to South Korea and its allies, a U.S. report said. According to the annual report of threat assessment released by the Office of the Director of National Intelligence on Wednesday, North Korea's weapons of mass destruction along with its "conventional military capa
March 19, 2026
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Trump ramps up pressure on 'non-responsive' allies to reopen Strait of Hormuz
SEOUL, March 19 (AJP) - U.S. President Donald Trump on Wednesday proposed shifting responsibility for keeping the Strait of Hormuz open and safe to other countries, instead of relying on allies he described as "non-responsive." "I wonder what would happen if we 'finished off' what's left of the Iranian Terror State, and let the Countries that use it, we don't, be responsible for the so called 'Strait?'" Trump wrote on his own social media
March 19, 2026
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S. Korea-Central Asia cultural heritage cooperation marked by Nowruz book presentation in Seoul
SEOUL, March 18 (AJP) - Diplomatic representatives and cultural officials gathered Wednesday at the Korea Foundation Seminar Room to inaugurate the Nowruz Book. The ceremony celebrated the shared heritage of Eurasia and brought together the Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan embassies. The International Information and Networking Centre for Intangible Cultural Heritage in the Asia-Pacific Region and the Central Asia-Korea Cooperation Forum Secretariat su
March 18, 2026