EAM Jaishankar congratulates Cho Hyun on appointment as South Korea's Foreign Minister
In a post on X, he expressed confidence in working together for further strengthening the ties between the two countries and working towards the Special Strategic Partnership between New Delhi and Seoul.
He wrote, 'Congratulate Amb Cho Hyun on his appointment as Foreign Minister of the Republic of Korea. Look forward to working together to further strengthen our Special Strategic Partnership.'
https://x.com/DrSJaishankar/status/1947136196230181172
On July 17, Prime Minister Narendra Modi had received a delegation of special envoys from South Korea and highlighted the completion of 10 years of India-South Korea partnership. He underlined that the close collaboration between the two countries plays a key role in the Indo-Pacific region.
On the same day, the EAM also met a delegation of special envoys from the Republic of Korea (RoK), led by former Prime Minister Kim Boo-kyum, which was visiting India and discussed ways to strengthen bilateral ties in key areas including economy, technology, defence, maritime security, and people-to-people exchanges.
Jaishankar shared details of the meeting on his X account. He wrote, 'Delighted to meet RoK President Lee Jae Myung's delegation of Special Envoys to India led by former PM Kim Boo-kyum this morning in Delhi. Discussed economic, technology, defence and maritime cooperation. As well as expanding people-to-people exchanges.'
The meeting comes amid renewed efforts from both sides to boost cooperation across sectors such as green hydrogen, shipbuilding, investment, semiconductors, and regional security, especially in the Indo-Pacific.
The visit had come after Prime Minister Narendra Modi and South Korean President Lee Jae Myung met on the sidelines of the G7 Summit in Canada last month. Both leaders expressed commitment to working together in trade, investment, green energy, and emerging technology sectors. (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Winnipeg Free Press
20 minutes ago
- Winnipeg Free Press
Tariffs threaten Asian beauty product boom in US
NEW YORK (AP) — When Amrita Bhasin, 24, learned that products from South Korea might be subject to a new tax when they entered the United States, she decided to stock up on the sheet masks from Korean brands like U-Need and MediHeal she uses a few times a week. 'I did a recent haul to stockpile,' she said. 'I bought 50 in bulk, which should last me a few months.' South Korea is one of the countries that hopes to secure a trade deal before the Aug. 1 date President Donald Trump set for enforcing nation-specific tariffs. A not-insignificant slice of the U.S. population has skin in the game when it comes to Seoul avoiding a 25% duty on its exports. Asian skin care has been a booming global business for a more than a decade, with consumers in Europe, North and South America, and increasingly the Middle East, snapping up creams, serums and balms from South Korea, Japan and China. In the United States and elsewhere, Korean cosmetics, or K-beauty for short, have dominated the trend. A craze for all-in-one 'BB creams' — a combination of moisturizer, foundation and sunscreen — morphed into a fascination with 10-step rituals and ingredients like snail mucin, heartleaf and rice water. Vehicles and electronics may be South Korea's top exports to the U.S. by value, but the country shipped more skin care and cosmetics to the U.S. than any other last year, according to data from market research company Euromonitor. France, with storied beauty brands like L'Oreal and Chanel, was second, Euromonitor said. Statistics compiled by the U.S. International Trade Commission, an independent federal agency, show the U.S. imported $1.7 billion worth of South Korean cosmetics in 2024, a 54% increase from a year earlier. 'Korean beauty products not only add a lot of variety and choice for Americans, they really embraced them because they were offering something different for American consumers,' Mary Lovely, a senior fellow at the Peterson Institute for International Economics, said. Along with media offerings such as 'Parasite' and 'Squid Games,' and the popularity of K-pop bands like BTS, K-beauty has helped boost South Korea's profile globally, she said. 'It's all part and parcel really of the same thing,' Lovely said. 'And it can't be completely stopped by a 25% tariff, but it's hard to see how it won't influence how much is sold in the U.S. And I think what we're hearing from producers is that it also really decreases the number of products they want to offer in this market.' Senti Senti, a retailer that sells international beauty products at two New York boutiques and through an e-commerce site, saw a bit of 'panic buying' by customers when Trump first imposed punitive tariffs on goods from specific countries, manager Winnie Zhong said. The rush slowed down after the president paused the new duties for 90 days and hasn't picked up again, Zhong said, even with Trump saying on July 7 that a 25% tax on imports from Japan and South Korea would go into effect on Aug. 1. Japan, the Philippines and Indonesia subsequently reached agreements with the Trump administration that lowered the tariff rates their exported goods faced — in Japan's case, from 25% to 15% — still higher than the current baseline of 10% tariff. But South Korea has yet to clinch an agreement, despite having a free trade agreement since 2012 that allowed cosmetics and most other consumer goods to enter the U.S. tax-free. Since the first store owned by Senti Senti opened 16 years ago, beauty products from Japan and South Korea became more of a focus and now account for 90% the stock. The business hasn't had to pass on any tariff-related costs to customers yet, but that won't be possible if the products are subject to a 25% import tax, Zhong said. 'I'm not really sure where the direction of K-beauty will go to with the tariffs in place, because one of the things with K-beauty or Asian beauty is that it's supposed to be accessible pricing,' she said. Devoted fans of Asian cosmetics will often buy direct from Asia and wait weeks for their packages to arrive because the products typically cost less than they do in American stores. Rather than stocking up on their favorite sunscreens, lip tints and toners, some shoppers are taking a pause due to the tariff uncertainty. Los Angeles resident Jen Chae, a content creator with over 1.2 million YouTube subscribers, has explored Korean and Japanese beauty products and became personally intrigued by Chinese beauty brands over the last year. When the tariffs were first announced, Chae temporarily paused ordering from sites such as a shopping platform owned by an e-commerce company based in Hong Kong. She did not know if she would have to pay customs duties on the products she bought or the ones brands sent to her as a creator. 'I wasn't sure if those would automatically charge the entire package with a blanket tariff cost, or if it was just on certain items,' Chae said. On its website, YesStyle says it will give customers store credit to reimburse them for import charges. At Ohlolly, an online store focused on Korean products, owners Sue Greene and Herra Namhie are taking a similar pause. They purchase direct from South Korea and from licensed wholesalers in the U.S., and store their inventory in a warehouse in Ontario, California. After years of no duties, a 25% import tax would create a 'huge increase in costs to us,' Namhie said. She and Greene made two recent orders to replenish their stock when the tariffs were at 10%. But they have put further restocks on hold 'because I don't think we can handle 25%,' Namhie said. They'd have to raise prices, and then shoppers might go elsewhere. The business owners and sisters are holding out on hope the U.S. and Korea settle on a lower tariff or carve out exceptions for smaller ticket items like beauty products. But they only have two to four months of inventory in their warehouse. They say that in a month they'll have to make a decision on what products to order, what to discontinue and what prices will have to increase. Rachel Weingarten, a former makeup artist who writes a daily beauty newsletter called 'Hello Gorgeous!,' said while she's devoted to K-beauty products like lip masks and toner pads, she doesn't think stockpiling is a sound practice. 'Maybe one or two products, but natural oils, vulnerable packaging and expiration dates mean that your products could go rancid before you can get to them,' she said. Monday Mornings The latest local business news and a lookahead to the coming week. Weingarten said she'll still buy Korean products if prices go up, but that the beauty world is bigger than one country. 'I'd still indulge in my favorites, but am always looking for great products in general,' she said. Bhasin, in Menlo Park, California, plans to keep buying her face masks too, even if the price goes up, because she likes the quality of Korean masks. 'If prices will go up, I will not shift to U.S. products,' she said. 'For face masks, I feel there are not a ton of solid and reliable substitutes in the U.S.' ___ AP audience engagement editor Karena Phan in Los Angeles contributed to this report.
Canada News.Net
an hour ago
- Canada News.Net
EAM Jaishankar discusses deepening bilateral cooperation with South Korean counterpart
New Delhi [India], July 28 (ANI): External Affairs Minister Dr S Jaishankar spoke to the newly appointed Foreign Minister of South Korea, Cho Hyun, on Monday and discussed deepening bilateral ties between the two countries. He expressed his best wishes to FM Cho Hyun for a successful tenure. Sharing the details in a post on X, he said, 'Good to speak with @FMChoHyun of RoK this morning. Conveyed my best wishes for a successful tenure. Discussed deepening of our bilateral cooperation.' Earlier, on July 21, External Affairs Minister Dr S. Jaishankar congratulated Cho Hyun on his appointment as the new Foreign Minister of South Korea. In a post on X, he expressed confidence in working together to further strengthen the ties between the two countries and toward achieving a Special Strategic Partnership between New Delhi and Seoul. He wrote, 'Congratulate Amb Cho Hyun on his appointment as Foreign Minister of the Republic of Korea. Look forward to working together to further strengthen our Special Strategic Partnership.' On July 17, Prime Minister Narendra Modi received a delegation of special envoys from South Korea and highlighted the completion of 10 years of India-South Korea partnership. He emphasised that close collaboration between the two countries plays a crucial role in the Indo-Pacific region. On the same day, the EAM also met a delegation of special envoys from the Republic of Korea (RoK), led by former Prime Minister Kim Boo-kyum, which was visiting India and discussed ways to strengthen bilateral ties in key areas, including economy, technology, defence, maritime security, and people-to-people exchanges. Jaishankar shared details of the meeting on his X account. He wrote, 'Delighted to meet RoK President Lee Jae Myung's delegation of Special Envoys to India led by former PM Kim Boo-kyum this morning in Delhi. Discussed economic, technology, defence and maritime cooperation. As well as expanding people-to-people exchanges.' The meeting takes place amid renewed efforts from both sides to enhance cooperation across various sectors, including green hydrogen, shipbuilding, investment, semiconductors, and regional security, particularly in the Indo-Pacific. The visit followed a meeting between Prime Minister Narendra Modi and South Korean President Lee Jae Myung on the sidelines of the G7 Summit in Canada last month. Both leaders expressed commitment to working together in trade, investment, green energy, and emerging technology sectors. (ANI)
CTV News
8 hours ago
- CTV News
Powerful sister of North Korean leader Kim rejects outreach by South's new president
This photo provided by the North Korean government, Kim Yo Jong, sister of North Korean leader Kim Jong Un, delivers a speech during a national meeting against the coronavirus, in Pyongyang, North Korea, on Aug. 10, 2022. Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government. The content of this image is as provided and cannot be independently verified. (Korean Central News Agency/Korea News Service via AP, File) SEOUL, South Korea — The influential sister of North Korean leader Kim Jong Un rebuffed overtures by South Korea's new liberal government, saying Monday that North Korea has no interests in talks with South Korea no matter what proposal its rival offers. Kim Yo Jong's comments suggest again that North Korea, now preoccupied with its expanding cooperation with Russia, has no intentions of returning to diplomacy with South Korea and the U.S. anytime soon. But experts said North Korea could change its course if it thinks it cannot maintain the same booming ties with Russia when the Russia-Ukraine war nears an end. 'We clarify once again the official stand that no matter what policy is adopted and whatever proposal is made in Seoul, we have no interest in it and there is neither a reason to meet nor an issue to be discussed with' South Korea, Kim Yo Jong said in a statement carried by state media. It's North Korea's first official statement on the government of South Korean President Lee Jae Myung, which took office in early June. In an effort to improve badly frayed ties with North Korea, Lee's government has halted anti-Pyongyang frontline loudspeaker broadcasts, taken steps to ban activists from flying balloons with propaganda leaflets across the border and repatriated North Koreans who were drifted south in wooden boats months earlier. Kim Yo Jong called such steps 'sincere efforts' by Lee's government to develop ties. But she said the Lee government won't be much different from its predecessors, citing what it calls 'their blind trust' to the military alliance with the U.S. and attempt to 'stand in confrontation' with North Korea. She mentioned the upcoming summertime South Korea-U.S. military drills, which North Korea views as an invasion rehearsal. North Korea has been shunning talks with South Korea and the U.S. since leader Kim Jong Un's high-stakes nuclear diplomacy with President Donald Trump fell apart in 2019 due to wrangling over international sanctions. North Korea has since focused on building more powerful nuclear weapons targeting its rivals. North Korea now prioritizes cooperation with Russia by sending troops and conventional weapons to support its war against Ukraine, likely in return for economic and military assistance. South Korea, the U.S. and others say Russia may even give North Korea sensitive technologies that can enhance its nuclear and missile programs. Since beginning his second term in January, Trump has repeatedly boasted of his personal ties with Kim Jong Un and expressed intent to resume diplomacy with him. But North Korea hasn't publicly responded to Trump's overture. In early 2024, Kim Jong Un ordered the rewriting of the constitution to remove the long-running state goal of a peaceful Korean unification and cement South Korea as an 'invariable principal enemy.' That caught many foreign experts by surprise because it was seen as eliminating the idea of shared statehood between the war-divided Koreas and breaking away with his predecessors' long-cherished dreams of peacefully achieving a unified Korea on the North's terms. Many experts say Kim likely aims to guard against South Korean cultural influence and bolster his family's dynastic rule. Others say Kim wants legal room to use his nuclear weapons against South Korea by making it as a foreign enemy state, not a partner for potential unification which shares a sense of national homogeneity. Hyung-jin Kim, The Associated Press
