
Oceans minister to hold meeting with foreign envoys to discuss upcoming global maritime conference
The 10th Our Ocean Conference will be held under the theme "Our Ocean, Our Action" from April 28-30 in the southeastern port city of Busan. It is expected to draw up to 2,000 participants, including government delegates from around 50 countries, according to the Ministry of Oceans and Fisheries.
In Monday's meeting, Kang will share Seoul's preparations for the OOC with some 70 foreign envoys, including 21 ambassadors to South Korea, and exchange views on various agendas to be discussed at the conference.
This year's OOC plans to discuss seven topics, including marine protected areas, sustainable fisheries, marine pollution, maritime security and digital oceans.
On the sidelines of the event, the oceans ministry will hold a business summit on shipping, shipbuilding and digital ocean industries.
South Korea will also host the Asia-Pacific Economic Cooperation Oceans-related Ministerial Meeting on April 30 and May 1 in Busan, ahead of the APEC summit to take place in the country in November. (Yonhap)
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Korea Herald
5 hours ago
- Korea Herald
Presidential office says peace overture aimed at stability for both Seoul, Pyongyang
The presidential office said Tuesday that recent peace overtures by President Lee Jae Myung were aimed at ensuring stability for both Seoul and Pyongyang, in a response to a statement by the sister of North Korean leader Kim Jong-un that criticized Lee for such efforts. Earlier in the day, the North's state media reported that Kim Yo-jong, the influential sister of Kim, again rebuffed Seoul's peace overture, saying South Korea will never become a diplomatic partner for North Korea and calling Lee "not the sort of man who will change the course of history." "The Lee Jae Myung administration's proactive measures for peace on the Korean Peninsula are not moves made for one-sided interests or with anyone in mind, but for the stability and prosperity of both the South and the North," the office said in a statement. "The government will leave behind the era of hostility and confrontation to open a new era of peaceful coexistence and shared growth on the Korean Peninsula," the office said. In a Liberation Day speech last week, Lee said he would respect North Korea's political system and would not seek unification by absorption. He also pledged to take steps to restore the now-suspended 2018 inter-Korean military pact designed to ease tensions. (Yonhap)


Korea Herald
5 hours ago
- Korea Herald
N. Korea says Seoul's plan to adjust S. Korea-US military drills 'deceptive'
North Korea on Wednesday slammed the ongoing joint military exercise between South Korea and the United States, calling Seoul's plan to postpone half of its field drills to next month "deceptive." North Korea's state-run Korean Central News Agency issued the criticism after Seoul and Washington kicked off the large-scale joint summertime exercise, the Ulchi Freedom Shield, on Monday for an 11-day run as planned. Half of this year's roughly 40 field drills have been postponed to next month, apparently in Seoul's bid to improve frayed ties with Pyongyang. "The enemies have babbled about postponing part of the outdoor field drills to next month, but all the basic drills outlined in the actual US-Republic of Korea exercise plan are proceeding as planned, with only messy drills of the South Korean military being postponed," the KCNA said. The news agency said this once again demonstrates South Korea and the US' talk of adjusting the exercise as an unprecedented measure was only a "deceptive tactic." No matter what measures the enemies take, the unchanging true nature of the joint exercise as the world's longest-running and largest-scale drills in the Asia-Pacific will never be hidden, it said. The KCNA also warned that North Korea's firm will and capability to safeguard its sovereignty and security will translate into action, and its countermeasure will be "active and overwhelming." (Yonhap)


Korea Herald
7 hours ago
- Korea Herald
Over half of midsized firms report profit decline in H1: data
A majority of midsized firms reported declines in operating profit in the first half of the year amid economic uncertainties, industry data showed Wednesday. According to the data from corporate tracker CEO Score, 500 listed midsized firms posted a combined operating profit of 6.34 trillion won ($4.55 billion) in the January-June period, down 4.1 percent from 6.62 trillion won a year ago. Sales, however, climbed 3.1 percent on-year to 122.6 trillion won during the same period. Out of the 500 firms, 269, or 53.8 percent, saw operating profit fall, while 60 firms, or 12 percent, remained in the red. The information technology and electronics sector suffered the steepest decline, with combined operating profit dropping 25 percent to 1 trillion won from 1.35 trillion won a year earlier. The construction sector also struggled, as its combined operating profit plunged 42.5 percent, or 222.3 billion won, from a year ago. In contrast, the service sector recorded the strongest growth, with operating profit soaring 30.7 percent on-year to 1.04 trillion won from 797.7 billion won. "The IT and electronics sector was hit hard by sluggish demand driven by US tariffs," said an official from CEO Score, adding that a prolonged economic slump weighed heavily on midsized firms' bottom lines. (Yonhap)