UNJournal Jon Lee | Delivering the New Year address to the nation, President Yoon Suk-yeol said on Jan. 1, 2024, "The center of all national affairs is the people. I will make the year of 2024 a year of civil recovery where the warmth of economic achievements and economic recovery reaches every corner of people's lives." President Yoon said in his address, which was broadcast live from the Yongsan presidential office on the morning of the same day, "I will go into the field of people's lives, listen to even the smallest voices, and promote true people's policies that change people's lives." Pr
UNJournal Jon Lee | 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 awa
UNJournal Jon Lee | 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 project
UNJournal Jon Lee | (Exclusive Interview) "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 direc
UNJournal Jon Lee | 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
UNJournal Jon Lee | (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 physic
UNJournal Jon Lee | 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 Bri
UNJournal Jon Lee | To welcome the New Year, the Year of Dragon, a revolutionary master painter Nam Sang-jun, who is now 100 years old, has given the readers of Damwha Media Group a painting of a dragon rising above the overflowing waters, full of dreams and hopes. The writhing dragon opens its mouth wide and is about to grab the Yeoiju (cintamani), a magical jewel, in front of it. The dragon is the only imaginary animal of the zodiac that is not real, and is said to have a camel's head, deer horns, rabbit eyes, cow ears, snake neck, frog belly, carp scales, hawk claws, and tiger paws. The dra
UNJournal Jon Lee | POSCO Group is cooperating with the College of Humanities and Social Sciences of Ho Chi Minh National University to acquire outstanding talents in Vietnam. ] POSCO Group Chairman Jeong-woo Choi inked a memorandum of understanding for industry-academia collaboration with Ngo Thi Phuong Lan, dean of the College of Humanities and Social Sciences of Ho Chi Minh National University on Dec. 7, focusing on securing outstanding talents for the group’s Vietnamese subsidiaries. The College of Humanities and Social Sciences is the premier institution in the humanities and social scien
UNJournal Jon Lee | Hyundai Motor Company and Mubadala Investment Company “Mubadala”, an Abu Dhabi-based global sovereign investor, have signed a memorandum of understanding (MOU) to jointly explore potential business opportunities and synergies for future mobility and technologies. The signing ceremony, which took place on Dec. 15 in Abu Dhabi, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, and Waleed Al Mokarrab Al Muhairi, Deputy Group Chief Executive Officer of Mubadala Investment Company. This marks the beginning of a strategic collaboration that will drive pro
UNJournal Jon Lee | President Yoon Suk-yeol and First Lady Kim Keon-hee, who are on a state visit to the Netherlands, attended a state dinner hosted by King Willem-Alexander at the Royal Palace in Amsterdam on December 12. The dinner was attended by more than 210 guests, including members of official entourage, businessmen, and key figures from both countries. During the dinner, King Willem-Alexander said that the Republic of Korea is no longer a distant stranger to the Dutch and that a "Korean fever" is sweeping the Netherlands, and that the Netherlands is very pleased that the Republic of Ko
UNJournal Jon Lee | President Yoon Suk-yeol and Prime Minister Mark Rutte of the Kingdom of the Netherlands held talks on December 12-13, 2023, on the occasion of President Yoon's state visit to the Netherlands. Recalling the Joint Statement on the Establishment of a Strategic Partnership adopted on the occasion of Prime Minister Mark Rutte's visit in November 2022, the two leaders agreed as follows. On the 70th anniversary of the signing of the Korean War Armistice, the two leaders recognized the sacrifices made by Dutch soldiers in the Korean War, which broke out before the two countries est
UNJournal Jon Lee (New Year Message) Dear readers of the Diplomacy Journal, I wish all readers of Diplomacy Journal all the best in the coming year 2024. The year 2023 was a very special year for us as it marked the 60th anniversary of diplomatic relations between the Republic of Korea and Switzerland. It was also the 70th anniversary of Switzerland's presence on the Korean Peninsula as a member of the Neutral Nations Supervisory Commission. Over the past six decades, our two countries have cultivated a solid partnership in politics, economics, science, technology, business, art and design. On
UNJournal Jon Lee | The Embassy of Cambodia in Seoul and the Korea International Trade Association (KITA) jointly held the 2nd Korea-Cambodia Business Forum at the Trade Tower in Seoul on Dec. 21. The forum was attended by Ambassador of Cambodia to Korea Chring Botumrangsay, Executive Vice Chairman Jeong Marn-ki of KITA, Oknha Sok Piseth, vice president of the Cambodian Chamber of Commerce and more than 150 Cambodian government officials and Korean businessmen. "The new Cambodian government's aggressive investment promotion policy has created a favorable environment for Korean businessmen to e
UNJournal By Jon Lee | Pope Francis called for the end of military operations in Gaza and the release of Israelis being held hostage in the area in his annual Christmas message. In his annual Christmas Day “Urbi et Orbi” mass at the Vatican, Pope Francis called for an end “to war, to every war, to the very mindset of war, an aimless voyage, a defeat without victors, an inexcusable folly.” May peace “come in Israel and Palestine, where war is devastating the lives of those peoples,” he said. “My heart grieves for the victims of the abominable attack of October 7 last, and I reiterate my urgent