KOR/SOUTH KOREA/ASIA PACIFIC


Table of Contents for South Korea

----------------------------------------------------------------------

1) S. Korea Seeks to Discuss Microfinance in G20 Seoul Summit
2) Migrant Workers in ROK Struggle For Overdue Wages
By Staff Reporter Park Si-soo
3) Bangladeshi Group Issues Statement on US, ROK Authorities' 'Anti-DPRK
Moves'
KCNA headline: "U.S. And S. Korean Authorities' Anti-dprk Moves Flayed"
4) N. Koreans Excited About S. Korea's Victory Over Greece in World Cup:
Report
5) (World Cup) N. Koreans Fuel Curiosity At World Cup With Awkward
Demeanor
6) World Cup Puts Spotlight on Africa
7) KCC Chief Leaves on Africa Tour to Talk Tech
8) Korea Communications Commission Head Visits Egypt, South Africa, Angola
9) Civic Group Questions Cheonan Report At UN
10) DPRK Party Organ Denounces I AEA Director General's Remarks on DPRK
Nuclear Issue
Commentary by reporter Kim Chong-son: "Spiritless Remarks of an Ignorant
Man"; The author's title in the byline provided by KPM may be different
from that which appears in hard copy
11) DPRK Central Radio Program Review for 14 Jun 10
Following is a compilation of Korean Central Broadcasting Station's
program previews for 14 June, which are aired daily at approximately 2000
and 0300 GMT. Programming schedule changes and summaries of talks and
programs are noted in editorial brackets; no further processing planned on
any of the items unless otherwise indicated. OSC has filed program
summaries of all the newscasts as the two referent items.
12) Top Headlines in Major ROK Newspapers
Yonhap headline: "Top headlines in major S. Korean newspapers"
13) Jordan, Japan To Sign Nuclear Cooperation Agreement
Xinhua: "Jordan, Japan To Sign Nuclear Cooperation Agreement"
14) Defectors Cheer on South, North Korean World Cup Players
15) S. Korea to Complete Design of New Mid-size Reactor By Late 2010
16) Today In History
17) (World Cup) S. Korea Resumes Training For Match Against Argentina
18) Christians Launch Campaign to Increase Fertility
19) ROK Editorial Says ROK Faces Risk of Being Left 'Behind' in Green Auto
Race
Editorial: "Korea Is At Risk of Being Left Behind in Green Auto Race"
20) S. Korea Acquires Its First Stake in Myanmar Onshore Gas Block
21) US State Department Says DPRK Remains Among 12 'Worst' Human
Trafficking Countries
Updated version: "UPDATES with more details, background throughout;"
Yonhap headline: "N. Korea Remains Among 12 Worst Human Trafficking
Countries: State Dept.&quo t; by Hwang Doo-hyong
22) ROK Official Says 'No Objections' From UNSC Members on Sunken Ship
Probe
Yonhap headline: "No objections from U.N. Security Council members on
sunken ship probe: official" by Chang Jae-soon
23) UNSC to Hear Both Koreas on Cheonan Sinking
24) (World Cup) FIFA Signs Deal, Seeks to Air World Cup in N. Korea
25) ROK, DPRK To Address UN Security Council Over Ship Sinking
Updated version: Replacing 0105 GMT version with update provided by source
at 0640 GMT, which recasts first 3 grafs and updates graf 5, 10-11, 14-15
with comments from the foreign ministry spokesman, and provides a by-line;
By Chang Jae-soon: "South, North Korea to Address U.N. Security Council
Over Ship Sinking"
26) ROK-Mexico FTA Talks 'Expected' To Resume
Unattributed article: "Korea-mexico FTA Talks Expected to Resume"
27) North Accused of Pirating Cup Coverage
28) DPRK Threats, PRC Reluctance 'Hobble' ROK's Response to Ch'o'nan
Unattributed report: "Uncertainties Hobble S.Korea's Response to Cheonan
Sinking"
29) Taiwan's Anti-human Trafficking Efforts Recognized
By Zep Hu, Jenny W. Hsu and Y.F. Low
30) DPRK's KCNA Lists 14 Jun Rodong Sinmun Articles
Attaching the vernacular full-text of the Rodong Sinmun list of articles
for the corresponding date -- as available from the KCNA in Korean feed --
in PDF format; KCNA headline: " Review of Rodong Sinmun"
31) ROK, Colombia Start 3rd Round of Free Trade Talks on 14 Jun
Updated version: adding International Economic tag; Yonhap headline: "S.
Korea, Colombia start 3rd round of free trade talks"
32) S. Korea, Colombia Start 3rd Round of Free Trade Talks
33) ESU-Korea Holds First Speaking Competition
34) ROK Evacuates 74 Citizens Due to Ethnic Violence in Kyrgyzstan's Osh
Updated version: Upgrading precedence and adding urgent tag; Yonhap
headline: "S. Korea evacuates citizens from Kyrgyzstan amid deadly ethnic
violence"
35) FEATURE: Pastry Chef Finds Fame in Lychees
Unattributed article from the "Taiwan" page: "FEATURE: Pastry Chef Finds
Fame in Lychees"
36) The Buck Should Stop With Lee
"Viewpoint" column by Kim Jin, an editorial writer and Translation by the
JoongAng Daily staff: "The Buck Should Stop With Lee"
37) Local Tensions Keep Lid on Nation's Credit Rating
38) Lawmaker Calls For Castration of Pedophiles
39) Renault Unit to Sell New SM5 Abroad
40) Jordan, Japan Agree Draft Nuclear Agreement
"Jordan, Japan Agree Draft Nuclear Agreement" -- Jordan Times Headline
41) European Parliament To Adopt Resolution Condemning DPRK for Ship
Sinking
Yonhap headline: "European Parliament to Adopt Resolution Condemning N.
Korea Over Ship Sinking"
42) Panama Media 14 Jun 10
For assistance with multimedia elements, contact OSC at 1-800-205-8615 or
oscinfo@rccb.osis.gov.
43) North Korea Airs Pirate World Cup Footage
44) Renault Samsung to Begin Export of New SM5 Sedan
45) S. Korea's Credit Rating Remains Relatively Low Among G20 Nations
46) Making Our Schools Safe
47) BIS Supports Korea's Views on Currency Swaps
48) Market Share of Hyundai Motor India Unit Falls For 2 Consecutive
Months
49) Hyundai Motor's Indian Sales Slip For 2nd Month
50) Red Specter Still Haunts Th e South
"Viewpoint" column by Lee Woo-keun, a partner at Hwang Mok Park, P.C., and
the former head of the Seoul Central District Court and Translation by the
JoongAng Daily staff: "Red Specter Still Haunts The South"
51) 3 Koreans Face Drug Charges in China
52) Songshan-Hongqiao Direct Flight Services Launched
Article by Class='subhead'>by Shelley Shan And Ko Shu-ling from the
"Front" page: "Songshan-Hongqiao Direct Flight Services Launched"
53) End Sejong City Dispute
54) Pvc, Pp, Machine Tools Fail To Make Early Harvest List With China
By Lin Shu-yuan, Chang Chun-mao and Maubo Chang
55) Defending June 15 Declaration Only Way to Avert War: N. Korea
56) National Meeting Marks 10th Anniversary of June 15 Joint Declaration
57) DPRK 'National Meeting' Marks 10th Anniversa ry of 15 June Joint
Declaration
Updated version: Upgrading precedence and providing DPRK media behavior
note in subslug; Pyongyang Korean Central Broadcasting Station in Korean
broadcast the following at 0900 GMT and Pyongyang Korean Central
Television Station in Korean carries the following at 1000 GMT, as noted
in KPP20100614021001; KCNA headline: "National Meeting Marks 10th
Anniversary of June 15 Joint Declaration"
58) S. Korean Airlines Sets New Passenger, Cargo Transport Record
59) DPRK Party Organ on US-ROK-Japan Agreements at 5 Jun Defense Minister
Talks
OSC plans to process the below-cited Rodong Sinmun "signed commentary" as
first referent item; KCNA headline: "S. Korea-u.S.-japan 'Cooperation' in
Moves For War of Aggression Against DPRK Under Fire"
60) DPRK Condemns IAEA Chief's Comment on Nuclear Issue
Xinhua: "DPRK Condemns IAEA Chief's Comment on Nuclea r Issue"
61) S. Korea Unlikely to Follow Japan's Housing Market Crash: Goldman
Sachs
62) in Front of Them All
63) Ecfa Conducive To Taiwan's Fta Efforts: Thai Scholar
By Lin Ching-ping and Deborah Kuo
64) An Alliance Reconfirmed
"Viewpoint" column by Kim Jung-wook, the Washington correspondent and
Translation by the JoongAng Daily staff: "An Alliance Reconfirmed"
65) (World Cup) N. Korean Coach Aims to Upset Brazil
66) Nothing Could Dampen Spirits of Red Devils
67) Malaysia Chinese Press 12-14 Jun 10
The following lists selected reports carried in Malaysia's Chinese press
on 12-14 Jun 10. To request additional processing, please contact OSC at
(800) 205-8615, (202) 338-6735; or fax (703) 613-5735.
68) DSME Lands $600m Deal to Build Behemoth Ship
69) Daewoo Shipbuilding Wins $600 Million Order From Dutch Firm
Report by Soon-woo Chung: "DSME Wins $600 Million Order From Allseas Group
SA"
70) POSCO Engineering Gets US$290 Mln Deal From Peru
71) Nigerian Commitee Denounces 'Anti-DPRK Campaign' of US and ROK
KCNA headline: "Anti-dprk Campaign of U.S. And S. Korea Accused"
72) S. Korea Evacuates Citizens From Kyrgyzstan Amid Deadly Ethnic
Violence
73) Recovering The Signal of Life
74) Activists Urge UNSC to Reinvestigate Cheonan Sinking
75) ROK Approves Additional Shipments of Humanitarian Aid to DPRK
Updated version: modifying headline, adding metadata; By Sam Kim: "S.
Korea Approves Additional Shipments of Humanitarian Aid to N. Korea"
76) ROK Naval Exercise To Mark 60th Anniversary of Korean War
Updated version: upgrading prece dence, modifying headline, adding
metadata, adding cross ref; Yonhap headline: "Naval Drill to Mark 60th
Anniversary of Korean War"
77) Xinhua Cancels Item on UNSC President Saying To Hold Talks on ROK
Warship Case
Corrected version: Beijing Xinhua in English at 0051 GMT on 15 June
transmits a service message canceling the following item; a replacement
item has been transmitted by Xinhua at 0120 GMT on 15 June, item was
released as CPP20100615053002, correcting subject line to reflect Xinhua's
cancellation; Xinhua: "UN Security Council To Consult on ROK Warship Case:
President"
78) UN Security Council Expresses Grave Concern Over ROK Ship Sinking Case
Xinhua: "UN Security Council Expresses Grave Concern Over ROK Ship Sinking
Case: President"
79) Lee Shifts Sejong Decision to National Assembly
80) UNSC President Says UN Security Council To Consult on ROK Warship Case
Xinhua: "UN Security Council To Consult on ROK Warship Case: President"
81) Not Afraid, Just Disappointed
82) Unification Minister to Miss June 15 Ceremony
83) ROK Chief Investigator Says UNSC Members 'Understand' Probe Into Ship
Sinking
Updated version: "UPDATES in paras 7-8 with details of U.N. briefing;
REORGANIZES paras 9-10;" Yonhap headline: "UN Security Council Members
Understand Probe Into Ship Sinking: Chief Investigator"
84) a Traitorous Act
85) DPRK Releases Joint Statement on 10th Anniversary of 15 Jun Joint
Declaration
Pyongyang Korean Central Broadcasting Station (KCBS) in Korean carried the
following in its 2100 GMT newscast on 14 June, which OSC plans to
translate as first referent item; KCNA headline: "All Koreans Called Upon
to Unite Under Banner of June 15 Joint Declaration"
86) State Department Says Senior US Official 'Due' in Seoul To Discuss
Ship Sinking
Yonhap headline: "Campbell Due in Seoul on Ship Sinking, Other Issues:
State Dept." by Hwang Doo-hyong
87) Older Generation Living in Fear of War
88) ROK Ex-President Roh Said to Have Told Stories About 2d Inter-Korean
Summit
By Staff Reporter Kang Hyun-kyung: "Roh Told Stories Behind Second
Inter-Korean Summit"
89) PRC Article Wary of ROK Explanation of Ship Sinking
To request additional processing, call OSC at (800) 205-8615, (202)
338-6735; or fax (703) 613-5735; or email: oscinfo@rccb.osis.gov.
90) Post-election Revamp
91) ROK Defense Ministry To Offer Cultural Tours for US Soldiers
By Song Sang-ho: "U.S. Soldiers to Get Cultural Tours"
92) Survey of DPRK Youth in ROK Indicates Exposure to ROK Media in DPRK
By Kim Ji-hyun: "N. Koreans have access to S. Korean media: survey"
93) Pyongyang Proposed Joint Seminar to Mark June 15
94) After 10 Years
95) Guilt By Association
96) South Korean NGO Casts Doubt on Cheonan
97) Documentary Film Appreciated
98) ROK Nominates Army Chief of Staff as New Chairman of Joint Chiefs of
Staff
Updated version; upgrading precedence and replacing 0908 GMT version with
update provided by source at 0940 GMT and at 1044 GMT; Yonhap headline:
"Army chief tapped as new chairman of Joint Chiefs of Staff"
99) ROK Nominates Army Chief of Staff as New Chairman of Joint Chiefs of
Staff
Updated version; upgrading precedence and replacing 0908 GMT version with
update provided by source at 0940 GMT; Yonhap headline: "Army chief tapped
as new chairman of Joint Chiefs of Staff&quo t;
100) Army Chief Tapped as New Chairman of Joint Chiefs of Staff
101) DPRK Party Organ Says IAEA Chief Makes 'Imbecile' Remarks on Nuclear
Issue
KCNA headline: "IAEA Chief's Reckless Remarks Snubbed"; OSC is texting the
full vernacular version as first-referent item; Pyongyang Korean Central
Broadcasting Station in Korean is scheduled to broadcast the following at
0952 GMT on 14 June.
102) Delayed Psy Ops a Cause For Concern
103) North Korea Undermining June 15 Spirit
104) Delayed Psy Ops a Cause For Concern
Updated version: Adding byline dropped by autorelease program; By Namgung
Min: "Delayed Psy Ops a Cause For Concern"
105) ROK Workers in Kaeso'ng Ask Government To Ease Travel Restrictions
Updated version: upgrading precedence, rewording headline, adjusting tags,
and adding refs; Yonhap headline: "S. Korean Workers in Kaesong Ask For
Easing of Restrictions"
106) S. Korean Gov't Angry at Civic Group for Raising Doubts Over Warship
Sinking
Xinhua: "S. Korean Gov't Angry at Civic Group for Raising Doubts Over
Warship Sinking"
107) S. Korean Workers in Kaesong Ask For Easing of Restrictions
108) Outgoing General Sues ROK Daily Over Report of Document Forgery
Updated version: rewording headline and replacing 0522 GMT version with
source-supplied 0600 GMT update, which "ADDS defense ministry officials in
final three paras"; Yonhap headline: "Outgoing General Sues Newspaper For
Libel Over Report of Document Manipulation"
109) DPRK's KCNA cites Yonhap: ROK To Conduct Military Exercises 15-16 Jun
Updated version: upgrading precedence, rewording headline, adjusting tags,
and adding refs and KCBS information; Pyongyang Korean Central
Broadcasting Station (KCBS) in Korean carried the following as the 11th of
18 items in 1200 GMT newscast on 13 June; KCNA headline: "DPRK-targeted
War Exercises to Be Staged in S. Korea"
110) Outgoing General Sues Newspaper For Libel Over Report of Document
Manipulation
111) DPRK-targeted War Exercises to Be Staged in S. Korea
112) KCNA Carries DPRK Army's 12 Jun 'Proclamation' Against ROK
Loudspeakers
Pyongyang Korean Central Broadcasting Station (KCBS) in Korean carried the
following as the second of two items in its 0300 GMT newscast on 12 June;
KCNA headline: "KPA General Staff Issues Crucial Declaration"
113) ROK Editorial Urges President Lee To Complete Military Reshuffle 'As
Soon As Possible'
Editorial: "Is The Military Ready to Deal With N.Korea?"
114) ROK Editorial Says PRC Must Choose Between Supporting Peace or
Terrorism
Edit orial: "China Must Choose Between Supporting Peace Or Terrorism"
115) DPRK's KCNA: Korean Group in Russia Issues Statement To Mark
Inter-Korean Declarations
KCNA headline: "Stand to Implement Inter-korean Declarations Reiterated"
116) Activist Pastor 'Defies' Law To Visit DPRK
Unattributed article: "Leftwing Activist Defies Law to Visit N.Korea"
117) DPRK's KCNA: Czech Group Issues Statement Supporting 'Struggle for
National Reunification'
KCNA headline: "Korean People's Struggle For National Reunification
Supported"
118) ROK Says DPRK 'Breached' 15 Jun Joint Declaration
Updated version: upgrading precedence, rewording headline, adjusting tags,
and adding refs; Report by Yoo Jee-ho: "Seoul Accuses Pyongyang of
Violating Historic Joint Declaration"
119) Seoul Accuses Pyongyang of Violating Historic Joi nt Declaration
120) ROK President Vows To Review Policy Priorities, Reshuffle Cabinet
Updated version: replacing 14 June 0008 GMT version with source-supplied
0207 GMT update, which "UPDATES with Cheong Wa Dae [ROK Office of the
President] spokesman's briefing, political parties' response in last 13
paras"; replacing 2314 GMT version with source-supplied 14 June 0008 GMT
update, which "UPDATES throughout with Lee's remarks on N. Korea,
background, other details; RECASTS lead"; upgrading precedence, rewording
headline, adjusting tags, and adding refs and photo; Report by Lee
Chi-dong: "Lee Vows to Review Policy Priorities After Election Defeat";
For assistance with multimedia elements, contact the OSC Customer Center
at (800) 205-8615 or oscinfo@rccb.osis.gov.
121) More Than Half of Young DPRK Escapees Watched ROK TV Programs in DPRK
Updated version: rewording headline, adjusting tags; Unattribu ted report:
More Than Half of Young N.K. Defectors Watched S. Korean TV Programs: Poll
122) ROK, DPRK To Address UN Security Council Over Ship Sinking
Yonhap headline: "South, North Korea to Address U.N. Security Council Over
Ship Sinking"
123) NK Threatens to Make Seoul `Sea of Flames`
124) No Tolerance For Pro-DPRK Groups
125) Progressive Activist Han Breaks North Travel Ban
126) Pyongyang Threatens 'sea of Fire'
127) ROK President Vows To Review Policy Priorities, Reshuffle Cabinet
Updated version: replacing 2314 GMT version with source-supplied 14 June
0008 GMT update, which "UPDATES throughout with Lee's remarks on N. Korea,
background, other details; RECASTS lead"; upgrading precedence, rewording
headline, adjusting tags, and adding refs and photo; Report by Lee
Chi-dong: "Lee Vows to Review Policy Prio rities After Election Defeat";
For assistance with multimedia elements, contact the OSC Customer Center
at (800) 205-8615 or oscinfo@rccb.osis.gov.
128) More Than Half of Young N.K. Defectors Watched S. Korean TV Programs:
Poll
129) Seoul Set to Present Evidence At UN
130) Fewer Interested in Studying Overseas
Unattributed article from the "Taiwan" page: "Fewer Interested in Studying
Overseas"
131) Taiwan Now in 1st Tier in TIP Report
Unattributed article from the "Taiwan" page: "Taiwan Now in 1st Tier in
TIP Report"
132) S. Korea, Turkey Agree to Expand Brotherly Ties
133) S. Korea Refutes Claims That Premature Fairing Release Caused Rocket
Crash
134) Creditors to Start Sale of Hyundai Engineering This Month
135) Samsung Now Looking to Conquer AP Market
136) Final Race For KB Chairman Begins
137) Korea, Turkey on Verge of Nuclear Reactor Deal
138) President Gul Dismisses Claims of Shift in Turkey's Foreign Policy as
'Absurd'
"TURKISH PRESIDENT: DISCUSSING WHETHER TURKEY'S AXIS HAS SHIFTED IS
IGNORANCE/ISSUE OF IRAN'S NUCLEAR PROGRAM SHOULD BE RESOLVED THROUGH
DIPLOMACY/FIGHT AGAINST TERRORISM IS MOST IMPORTANT ISSUE OF TURKEY" -- AA
headline
139) Rocket Failure Blamed on Fuel Leak
140) President Lee Says National Assembly 'Must' Decide on Mega Projects
Unattributed article: "Nat'l Assembly Must Decide on Mega Projects, Says
Lee"
141) Chief Says KDB Financial Group Eyes Share Listing in 2011
Updated version: Replacing 0201 GMT version with source-supplied 0302 GMT
version which provides more details; modifying headline, editing metadata;
Yonhap headl ine: "KDB Financial Group Eyes Share Listing in 2011: Chief"
142) S. Korea's Trade Surplus Hits Yearly High in May
143) S. Korea to Ban Homeless Sleeping, Loud Singing At Airports
144) Former GNP Chairwoman Not To Seek Candidacy for Party Leadership
Updated version: "UPDATES with quote by Park; TRIMS lead;" Yonhap
headline: "Former GNP Chairwoman Won't Seek Candidacy For Party
Leadership"
145) Senior US Official to Visit Seoul This Week
146) LG Display Plans China E-ink Factory
147) Hyundai Revs Up Sales of New Sonata
148) Samsung Sponsors Global Track And Field League
149) US Troops in ROK Invited To Participate in Cultural Tours
Updated version: modifying headline, adding metadeta, adding cross ref;
Yonhap headline: "U.S. Troops in S. Korea Invited to Participate in
Cultural Tours"
150) Droids to Swarm Seoul as City Lands Robot Event
151) Social Enterprise Guru Calls on Korea For Change
152) [What the brokers say] Lotte Shopping
153) U.S. Troops in S. Korea Invited to Participate in Cultural Tours
154) Ssangyong Workers Return After 16-month Leave
155) Joint Chiefs Head Retires After Audit
156) S. Korea Set to Revise Up 2010 Growth Outlook: Sources
157) Kofc Sets 100 Trillion Won Goal For Investment
158) Vying For Title of iPhone Killer
159) Executives See Risks From EU Debt
160) COEX Stores May Close For G-20
161) Hynix Unveils 'poison Pill' Defense For Takeover
162) Calm Greets Currency Rule
163) Pu blic Firm Heads Warned
164) ROK Finance Minister Yun Says ROK Shoring up Weak Points of Economy
By Choi He-suk: "Seoul braces for exit from crisis steps"
165) ROK-Russian Panel Meets to Probe Naro Failure
By Bae Hyun-jung
166) Financial Market Stays Calm Albeit Regulation
167) Police To Release Info on Nighttime Rallies Online
168) LG Display, iRiver to Form Joint E-reader Venture in China
By Jin Hyun-joo
169) Korea Fiance Corporation Aids 81 Billion Dollars Until Year 2015
170) Rules on Household Registry Easing for Multi-ethnic Familes
By Staff Reporter Park Si-soo
171) ROK PM Dispels Rumors of Resignation
172) No Material Appreciation of Chinese Currency Expected in 2010:
Analyst
173) ROK Creditors To Start Sale of Hyundai E ngineering This Month
Updated version: Replacing 0608 GMT version with source-supplied update of
0727 GMT, which adds Korea Finance's policy lending plan in grafs 6-9;
Yonhap headline: "Creditors to Start Sale of Hyundai Engineering This
Month"
174) Xinhua 'Roundup': S. Korean President Outlines Post-Election Policy
Priorities
Xinhua "Roundup" by Kim Junghyun : "S. Korean President Outlines
Post-Election Policy Priorities"
175) SK Energy to Set Up Electric Vehicle Charging Stations in Jeju
Science Park
176) People's Daily Online: 'US Must Restrain Provocative Military
Actions'
Unattributed report: "US Must Restrain Provocative Military Actions";
headline as provided by source
177) S. Korea OKs State Agency's Debt Purchase
178) ROK To Push for 'Balanced Economic Polices' in 2nd Half of 2010
Updated version: repl acing 0259 GMT version with source-supplied 0448 GMT
update, which "RECASTS lead; ADDS comments, details from 2nd para", and
with source-supplied 0612 GMT update, which provides additional six grafs
of thinktank chiefs' opinions; Yonhap headline: "S. Korea to Push For
'balanced Economic Polices' in H2: Minister"
179) Korean Won Jumps 1.96 Pct Against Dollar on Eased Market Uncertainty
Updated version: Replacing 0044 GMT version with source-supplied update of
0639 GMT which recasts headline and updates with market close from graf 2;
Original headline of 0044 GMT: "Korean Won Jumps Against Dollar on Eased
Market Uncertainty"
180) Turkish President Arrives on 4-Day Official Visit to South Korea
"TURKISH PRESIDENT ARRIVES IN SOUTH KOREA" -- AA headline
181) ROK To Push for 'Balanced Economic Polices' in 2nd Half
Updated version: replacing 0259 GMT version with so urce-supplied 0448 GMT
update, which "RECASTS lead; ADDS comments, details from 2nd para"; Yonhap
headline: "S. Korea to Push For 'balanced Economic Polices' in H2:
Minister"
182) LG Display to Set Up E-book Venture in China
183) S. Korean Firms to Hold Industrial Parts Exports Talks in U.S.,
Europe
184) S. Korea's Import Price Growth Hits 15-month High in May
185) Accumulated Sales of Hyundai Sonata Sedan 'Tops' 5 Million Units
Yonhap headline: "Accumulated Sales of Hyundai Sonata Sedan Tops 5 Mln"
186) S. Korea to Push For 'balanced Economic Polices' in H2: Minister
187) S. Korea to Host Int'l Robot Contest, Exhibition in October
188) Hynix to Pay Back Debt to Creditors in Case of Hostile Takeover Bid
189) ROKG Websites Hit Again By Cyber Attacks
190) < a href="#t190">Hana Financial's Real Estate Affiliate Buys San
Francisco Office Building
191) Kia to Recall Over 20,000 Mornings
192) Samsung to Sponsor Annual Track And Field League
193) ROK Trade Surplus With US Narrows in Jan-May Period
Updated version: rewording headline, adjusting tags; Unattributed report:
"Korea's Trade Surplus With U.S. Narrows in Jan.-may"
194) Prosecution System to Reform For Enhanced Transparency
195) Hwagye Temple Chief Resigns Amid Controversy Over Gov't River Project
196) Blood Donation to Gain Recognition as Volunteer Work
197) Daewoo Shipbuilding Wins US$567 Mln Order From Dutch Firm
198) Korea's Moment to Shine
"Viewpoint" column by Sakong Il, the chairman of the Presidential
Committee for the G-20 Summit and Translation by the JoongAn g Daily
staff: "Korea's Moment to Shine"
199) Exit Strategy Must Be Carefully Set
200) New Limits Set For FX Forward Exchanges in Oct.
201) Korean Won Jumps Against Dollar on Eased Market Uncertainty
202) Korea's Trade Surplus With U.S. Narrows in Jan.-may
203) Foreigners Dumped Local Stocks in May
204) BOK to Lower Rate Ceiling
205) Chinese FTA a Bittersweet Prospect
"Viewpoint" column by Song E-young, a professor of economics at Sogang
University and Translation by the JoongAng Daily staff: "Chinese FTA a
Bittersweet Prospect"
206) Lee Expected to Replace Key Aides Before By-election
207) KT Hits a Wi-fi Milestone
208) Liberals, Conservatives Debate Goals
209) Seoul to Fine Gum Spitters210) Accumulated Sales of Hyundai Sonata
Sedan Tops 5 Mln

----------------------------------------------------------------------

1) Back to Top
S. Korea Seeks to Discuss Microfinance in G20 Seoul Summit - Yonhap
Tuesday June 15, 2010 02:47:05 GMT
S. Korea seeks to discuss microfinance in G20 Seoul summit

SEOUL, June 15 (Yonhap) -- South Korea is seeking to include the
small-size loan provision for low income people in the agenda of the G20
Seoul summit to be held in November, the nation's financial watchdog said
Tuesday."The Financial Services Commission (FSC) hopes the G20 Seoul
summit adopts microfinance like South Korea's Smile Microcredit Bank
program as one of its agendas to help assuage wealth polarization
deepening throughout the world since the global financial crisis," Kwon
Hyouk-se, FSC vice chairman, said in a co nference.The G20 summit, a
meeting of the group of 20 leading countries, will be held in Seoul Nov.
11-12.Earlier in the day, the FSC hosted the conference in association
with the World Bank and the local think tank Korea Development Institute
to delve into the contribution of microfinance and challenges facing
microfinance institutions the world over.The lending scheme is meant to
provide finance to people with low creditworthiness and little access to
general commercial banks and other lending firms. It gained global
attention after banker and winner of the 2006 Nobel Peace Prize Muhammad
Yunus' successful operation of his Grameen Bank in Bangladesh.South Korea
launched Smile Microcredit Bank in December last year in a bid to shield
low-income earners and self-employed workers against the fallout from the
global financial crisis.Kwon also said in the conference that "the
microlending will should be deemed one key measure to overcome a financial
crisis" as it help s sustain middle- to lower-income classes harder hit by
financial difficulties.

Material in the World News Connection is generally copyrighted by the
source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

2) Back to Top
Migrant Workers in ROK Struggle For Overdue Wages
By Staff Reporter Park Si-soo - The Korea Times Online
Monday June 14, 2010 14:47:25 GMT
(Description of Source: Seoul The Korea Times Online in English -- Website
of The Korea Times, an independent and moderate English-language daily
published by its sister daily Hanguk Ilbo from which it often draws
articles and translates into English for publication; URL:
http://www.koreatimes.co.kr)

Material in the World News Connection is generally copyrighted by the
source cited.Permission for use must be obtained from the copyright
holder.Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

3) Back to Top
Bangladeshi Group Issues Statement on US, ROK Authorities' 'Anti-DPRK
Moves'
KCNA headline: "U.S. And S. Korean Authorities' Anti-dprk Moves Flayed" -
KCNA
Monday June 14, 2010 03:51:27 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)

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N. Koreans Excited About S. Korea's Victory Over Greece in World Cup:
Report - Yonhap
Tuesday June 15, 2010 03:09:17 GMT
N. Koreans excited about S. Korea's victory over Greece in World Cup:
report

By Sam KimSEOUL, June 15 (Yonhap) -- North Koreans have rejoiced over
South Korea's World Cup victory over Greece last week, a pro-Pyongyang
newspaper reported Tuesday from the North Korean capital."The match where
compatriots played has drawn great attention," the Chosun Sinbo, published
in Tokyo, said. "The (Pyongyang) residents, without an exception, cheered
for the South Korean team."Last Saturday, South Korea defeated Greece 2-0
in its first group match of the South Africa World Cup, where North Korea
has also qualified. North Korea, whose squad is set to play against Brazil
early Wednesda y morning (KST), aired footage of the South Korean match
without proper broadcasting rights on its official television
station.Chosun Sinbo, a newspaper run by the pro-Pyongyang General
Association of Korean Residents in Japan, said North Koreans were
"riveted" while watching the World Cup specials, which were aired for most
of Sunday."Who would like to see a nation with the same bloodline lose?"
the paper quoted one North Korean as saying. "What we detest is not the
South Korean people," but the conservative Seoul government.North Korea
qualified for the World Cup finals for the first time in 44 years. The
country is drawn into Group G with five-time World Cup champion Brazil,
Ivory Coast and Portugal.The relations between the Koreas are at one of
the lowest points ever after Seoul blamed Pyongyang for the sinking of its
warship in March near their Yellow Sea border.

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(World Cup) N. Koreans Fuel Curiosity At World Cup With Awkward Demeanor -
Yonhap
Monday June 14, 2010 16:30:57 GMT
(World Cup) N Korea-secrecy

(World Cup) N. Koreans fuel curiosity at World Cup with awkward demeanorBy
Tony ChangJOHANNESBURG, June 14 (Yonhap) -- Clearly the underdog at the
South African World Cup, North Korea finds itself drawing more and more
attention from the international press with its blunt demeanor at public
appearances.Despite being the first Asian team to advance to the first
round of the World Cup finals, the North Koreans have been largely
invisible in the international football arena.The last time the North made
it to the World Cup finals was in 1966.This year, the country ranks 105th
among FIFA members, the lowest among the 32 World Cup finalists.The North
Korean team is in Group G, the so-called group of death, which includes
four-time World Cup champion Brazil and top-ranked contenders Ivory Coast
and Portugal.At a press conference held Monday, on the eve of his opener
with Brazil, North Korean coach Kim Jong-hun appeared confident that his
team was prepared but also created some awkward moments, starting with his
answer to a question on the team's tactics."There is no such country named
'North Korea," he said at the conference held at Ellis Park stadium. "I
will take the next question."The country's official name is the Democratic
People's Republic of Korea.He was also asked whether the country's leader,
Kim Jong Il (Kim Cho'ng-il), reportedly a big football fan, had any
influence over the selection of players and the lineup of matche s.That
was cut off by presiding FIFA media officer Gordon Watson, who asked the
press not to ask any questions with political connotations.Another
question on whether North Korean matches will be aired live at home was
intercepted by the team's media officer, apparently to avoid sensitive
issues regarding broadcasting rights.The North was found to have broadcast
the opening match of the FIFA World Cup between hosts South Africa and
Mexico on Saturday, despite its lack of broadcasting rights.South Korean
broadcaster SBS has the World Cup broadcasting rights for the entire
Korean Peninsula.Kim, however, did provide a brief remark, saying that he
is "not involved" in the matter.The North Korean coach also described his
team's mission as playing for the nation's "great leader" several times
during the press conference at Ellis Park stadium.Gordon Watson, FIFA
media officer for the North Koreans, apparently taking note of the
increasing curiosity towards the t eam, explained at the end of the press
conference that the North Korea has "met all their media obligations" and
that the country has been "very cooperative with all regulations."Terrence
Voon, a reporter from the Straits Times, said he found the awkward moments
during the press conference "entertaining" and added that such moments
highlight how much politics, besides actual sports, are part of the
curiosity surrounding the North Koreans.(Description of Source: Seoul
Yonhap in English -- Semiofficial news agency of the ROK; URL:
http://english.yonhapnews.co.kr)

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World Cup Puts Spotlight on Africa - JoongAng D aily Online
Monday June 14, 2010 00:48:51 GMT
(JOONGANG ILBO) - With World Cup fever sweeping across Korea, local
companies are taking a closer look at tournament host Africa - which many
firms here view as a relatively untapped market with ample undeveloped
resources and huge opportunities.

Last Friday, Chung Joon-yang, the chairman of Posco, jumped on a plane to
visit South Africa, Zimbabwe and Mozambique as part of a trip aimed at not
only checking up on the company's manganese mine in South Africa and its
coal mine in Zimbabwe but also at securing more resources.A spokesman from
Posco said the company is aggressively looking to boost its own natural
resources so that it doesn't have to rely as much on buying them from
other companies.As part of that strategy, "Africa is increasingly becoming
an important area for us," a representative from Posco said.Some companies
that already have a presence in Africa are now looking to boost their
operations there.SK Energy, for instance, first entered the region back in
1989. Today it is participating in oil production efforts in the Ivory
Coast, Libya and Algeria. SK is also participating in oil exploration
projects in Equatorial Guinea, the Ivory Coast and Madagascar. In total,
SK is involved in both production and exploration projects at eight
natural resource areas in six African countries.Daewoo International was
one of the first Korean companies to set its sights on Africa. The company
opened its first operation in Kenya back in 1976 and now has branches in
eight African nations. It also recently joined a nickel mine development
in Ambatobe, Madagascar.State-run enterprises are moving in as well. The
Korea Resource Corporation selected six "priority" countries in Africa
early this year to focus on as it looks to enter the market.The six
countries are South Africa, Mozambique, Namibi a, Zambia, the Congo and
Niger. Kores plans to start copper mine exploration and expand to eight
areas in Africa by the end of the year.The government also has said it
will provide some support to local firms looking to do business in Africa.
Aside from public and energy companies, other Korean businesses carving
out a niche in Africa include Hyundai Motor, STX, Hyundai Corporation,
Samsung Electronics and LG Electronics.(Description of Source: Seoul
JoongAng Daily Online in English -- Website of English-language daily
which provides English-language summaries and full-texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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holder. Inquiries regarding use may be directe d to NTIS, US Dept. of
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KCC Chief Leaves on Africa Tour to Talk Tech - JoongAng Daily Online
Tuesday June 15, 2010 00:52:12 GMT
(JOONGANG ILBO) - Korea Communications Commission Chairman Choi See-joong
left yesterday for Africa on a trip to promote Korean technology in the
region, whose IT market is still largely untapped.

The KCC said in a press release that Choi's ten-day visit will take him to
Egypt, South Africa and Angola, which it called the continent's three
major markets.In Egypt, the head of Korea's communications regulator will
meet with officials at the country's Ministry of Communications and
Information Technology, visit an IT cluster called "Smart Village" and
attend road shows promoting Korean firms.In particular, Choi will hig
hlight WiBro, also known as Mobile WiMAX, a Korean-developed wireless
technology that enables high-speed data transmission to mobile devices,
and digital multimedia broadcasting.In South Africa, where the FIFA World
Cup is taking place, the KCC chief will promote Korean broadcasting
technology, including 3-D TV, while in Angola, where the government has
been working to improve its IT infrastructure, Choi will meet with
officials to discuss IT cooperation."With rich natural resources like oil
and minerals, the African market has been growing since the mid-1990s at
an impressive rate, and in particular the number of mobile service
subscribers in the region has been expanding about 49 percent every year
from 2002 to 2007," the KCC said.Countries like Japan and China have been
eyeing the resource-abundant market for some time now, offering loans and
investment in IT infrastructure. Korean firms have also raised their
African profile. KT, Korea's top fixed-line operator and Internet service
provider, has provided WiBro service in Rwanda, linking government
agencies in the capital of Kigali.KCC officials also sat down with their
counterparts in Rwanda and Ghana last month to discuss IT
exchanges.(Description of Source: Seoul JoongAng Daily Online in English
-- Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage; distributed as an insert
to the Seoul edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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Korea Communications Commission Head Visi ts Egypt, South Africa, Angola -
The Korea Herald Online
Monday June 14, 2010 14:50:02 GMT
(Description of Source: Seoul The Korea Herald Online in English --
Website of the generally pro-government English-language daily The Korea
Herald; URL: http://www.koreaherald.co.kr)

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holder.Inquiries regarding use may be directed to NTIS, US Dept. of
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Civic Group Questions Cheonan Report At UN - JoongAng Daily Online
Tuesday June 15, 2010 00:47:10 GMT
(JOONGANG ILBO) - A local civic group has submitted a letter raising
suspicions about th e cause of the Cheonan sinking to the UN Security
Council, throwing a spanner into Seoul's diplomatic efforts to draw
international censure upon Pyongyang for the attack.

The move by the People's Solidarity for Participatory Democracy (PSPD),
one of South Korea's oldest and best-known civic groups, comes as Seoul
diplomats grapple to gain support from China and Russia - key members of
the Security Council and North Korea's allies - for an official reprimand
at the United Nations level, whether by resolution or less-binding
presidential statement.Experts and officials from South Korea's
investigative team were expected to brief the Security Council at 3 p.m.
yesterday New York time on the evidence they had collected to prove that
Pyongyang was behind the March 26 attack on the South Korean warship,
which left 46 sailors dead. That briefing was to be followed by a second
from North Korean officials to rebut the South's claim.The PSPD said in
its June 10 letter that Seou l's final report had "many loopholes" and
"lacks convincing rationale.""The evidence of a torpedo attack proposed by
the JIG (Joint Investigative Group) lacks convincing rationale and the
same goes for the explanation over the infiltration of a North Korean
submarine," the Seoul-based liberal civic group said in its letter.The
group submitted a report with its letter that laid out "eight questions
needing answers" by the government, raising issues including the lack of
injuries on the bodies of survivors and victims that would indicate a
torpedo attack and lack of evidence showing the attack came from the
North.The PSPD urged the Security Council to make "a fair and reasonable
decision considering all the grounds," including the group's report."PSPD
is seriously concerned with the countermeasures deployed by President Lee
Myung-bak, which have provoked serious political and diplomatic
controversies," the letter said .The move drew intense criticism from the
South Korean government, which has engaged in a delicate diplomatic dance
to persuade UN Security Council members to take action against Pyongyang.
They said the civic group's argument may offer China and Russia a good
excuse to take no action."This is hampering the government's diplomatic
efforts and is very regrettable," South Korean Foreign Ministry spokesman
Kim Young-sun said yesterday. "Our government is trying to deal with the
issue in a calm yet resolute manner based on a belief that the truth will
tell everything."Prime Minister Chung Un-chan called the move
"unacceptable," saying that it's "time for the whole country to show a
single, unified stance.""I wonder which country these people (the PSPD)
belong to," he said yesterday.But Lee Tae-ho, a senior official at the
PSPD, said a civic group communicating its opinions to an international
group is a "common method of com munication among global NGOs."Seoul,
after a monthlong multilateral investigation, last month concluded that
Cheonan was sunk by a North Korean torpedo attack. Pyongyang has
vehemently denied the allegation, leading to heightened inter-Korea
political and diplomatic tensions.The two countries' consecutive briefings
at the UN headquarters in New York are expected to set the tone of debates
within the Security Council about what action to take. Seoul wants the
council to address the attack in as strong terms as possible.Experts and
military officials from South Korea, along with experts from the five
countries that took part in the investigation, will present their evidence
to the UN Security Council. China and Russia, whose attendance at the
meeting had long been uncertain, agreed to show up to hear Seoul's side of
the argument, according to Kim."The meeting will likely take two to three
hours, followed by Q. and A. sessions, and subsequently the briefing by
North K orea," said Kim.Neither Korea will be allowed to attend the
briefing by the other. It is not known yet which Pyongyang official will
lead the North's briefing.Even with the double briefings, it remains
unclear whether the Security Council will be able to reach its own
conclusions anytime soon.Because many of the ambassadors among the
council's 15 member countries will be away for a week beginning Saturday
to visit Afghanistan, the council's stance, if not determined by the end
of this week, will likely be deferred until July.(Description of Source:
Seoul JoongAng Daily Online in English -- Website of English-language
daily which provides English-language summaries and full-texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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DPRK Party Organ Denounces IAEA Director General's Remarks on DPRK Nuclear
Issue
Commentary by reporter Kim Chong-son: "Spiritless Remarks of an Ignorant
Man"; The author's title in the byline provided by KPM may be different
from that which appears in hard copy - Rodong Sinmun (Electronic Edition)
Tuesday June 15, 2010 02:19:37 GMT
He uttered spiritless remarks that our country should fulfill all of its
"obligations" related to the nuclear non-proliferation and that it should
comply with the Nuclear Non-Proliferation Treaty (NPT) and Safeguards
Agreement in accordance with the United Nations Security Council (UNSC)
"resolution" (adopted) following the nuclear test in 2006 and "inform" the
IAEA of the status of the implementation. He even called on the countries
concerned to make effort for a resumption of the Six-Party Talks, with the
aim of denuclearizing the Korean peninsula.

Ignorant people are bound to ramble incoherently. Amano appears to be an
ignorant man who does not know whether the Sun rises in the east or in the
west. What he grumbled about was unreasonable sophism not worth listening
to.

It is already known what kind of person Amano is. He is a Japanese with
strong pro-US tendency who initially failed to be elected as the director
general of the agency due to the opposition of the developing countries,
but later barely managed to have himself elected through money diplomacy.
He is the person who made such a presumptuous remark, as soon as he
assumed the office of the IAEA Director General, that Japan has "made its
utmost " in the field of nuclear non-proliferation in the postwar period
and that he would settle the nuclear issue involving the DPRK and Iran
before his term of office expires. There is no reason to believe such a
person, who is so pro-US and so insanely subservient to the United States
and who dances to the tune of his US master, will speak reasonably. Now,
it is necessary to seize this opportunity to make him get rid of his habit
once and for all.

How ignorant he is to insist that we should implement our "obligations"
regarding the NPT and comply with the Safeguards Agreement! Our country is
not a member of the IAEA and not a signatory to the NPT. Moreover, our
Republic has never recognized the unfair UNSC "resolutions."

Amano exhibits his ignorance through his careless words, not knowing the
history of the nuclear issue of the Korean peninsula. The nuclear issue of
the Korean peninsula in essence came into existence because the United Sta
tes brought nuclear weapons into South Korea and has posed nuclear threats
to us for over half a century.

The United States is the ringleader that brought nuclear weapons into
South Korea first. In the latter half of the 1950s, the United States
relocated nuclear weapons it had deployed in Japan to South Korea. The
deployment of nuclear weapons in South Korea by the United States has
continued without interruption and its number reached approximately 1,000
by the mid-1970s.

To cope with a serious situation in which the United States turned South
Korea into the largest nuclear arsenal in the Far East by bringing into it
a large number of nuclear weapons, while devoting itself to maneuver of
nuclear blackmail against the DPRK, our Republic has made every effort
possible to turn the whole of the Korean peninsula into a nuclear-free
region and ultimately eliminate the danger of a nuclear war from this
region.

Had the United States not threatened and blackmai led the DPRK, the
nuclear issue between the DPRK and the United States would not have
cropped up to begin with and the situation on the Korean peninsula would
not have worsened to the degree as seen today. The United States gravely
threatened our country's sovereignty and right to exist after designating
the DPRK as a part of an "axis of evil" and a "target of preemptive
nuclear attack."

It was for the purpose of eliminating the US nuclear threat and exercise
the right to use nuclear (energy) for peaceful purposes , not for the
purpose of having its right trampled upon that our country subscribed to
the IAEA and the NPT in the past.

We have withdrawn from the IAEA and the NPT to cope with the serious
situation where nuclear threat from the United States increased and the
supreme interests and security of the country were seriously infringed
upon and had no choice but to have our own nuclear deterrent in our
possession. From the moment we wit hdrew from the IAEA and the NPT, our
country bore no obligations whatsoever.

It is absurd for Amano, who does not know anything about this, to talk
about the so-called implementation of "obligations" and compliance with
the so-called Safeguards Agreement. Such an absurd logic will not convince
anyone.

It is highly ludicrous to hear him say as if he were "interested" in the
resumption of the Six-Party Talks. It is due to the United States and
South Korea that the Six-Party Talks are not being held. The Obama
administration has kept the nuclear issue from moving ahead by enforcing a
hard-line, hostile policy toward the DPRK and in the end, had the South
Korean puppets fabricate the sinking incident of "Ch'o'nan (Cheonan)," a
smear act against the Republic, and used it to completely block the
process of denuclearizing the Korean peninsula and resuming the Six-Party
Talks.

Would it not be the least requirement for the Director G eneral of the
IAEA to have a basic knowledge about and history of the nuclear issue of
the Korean peninsula and in what state the Six-Party Talks are?

It is doubtful whether such a person who does not know anything about such
things and thoughtlessly dances to the tune of the United States would run
an international agency without a hitch. If Amano serves the United States
as its spokesman and acts like a puppet whose wire is pulled by the
latter, while extremely distorting the essence and history of the nuclear
issue of the Korean peninsula by being servile to the United States, and
plays the game of putting pressure on us, this will only disgrace his
stature as the director general of an international agency and dim its
image. He is well advised to have clear understanding of the essence and
history of the nuclear issue of the Korean peninsula, take a fair position
on it, and act properly, if he is interested in settling it.

(Description of Source: Pyongyang Rodong Sinmun (Electronic Edition) in
Korean -- Daily of the Central Committee of the Workers Party of Korea;
posted on the Korean Press Media (KPM) website run by the pro-Pyongyang
General Association of Korean Residents in Japan; URL:
http://dprkmedia.com)Attachments:ComIAEADirectorGeneralRS14Jun10.pdf

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DPRK Central Radio Program Review for 14 Jun 10
Following is a compilation of Korean Central Broadcasting Station's
program previews for 14 June, which are aired daily at approximately 2000
and 0300 GMT. Programming schedule changes and summaries of talks and
programs are noted in editorial brackets; no further processing planned on
any of the items unless otherwise indicated. OSC has filed program
summaries of all the newscasts as the two referent items. - Korean Central
Broadcasting Station via Satellite
Monday June 14, 2010 14:50:36 GMT
(This first of the five-part repercussion by the world people, progressive
mankind's boundless praise of "Great Leader (widaehan ryo'ngdoja) Comrade
Kim Jong Il (Kim Cho'ng-il)" who is "intensifying and developing chuch'e
idea through his extraordinary wisdom and prominent political ability and
immortal contribution in realizing the cause of independence of
mankind."Opens with praise carried on Peruvian newspaper article. (6
min)); Followed by music of Merited State Choir at 2016 GMT

2023 Poem "The General Stood Before Mother (o'mo'nim ap'e changgunnimu'n
so' kyesyo'tsu'mnida)"

(Repeat; This poem by "(Kim To'k-so'n)" and re ad by "(Announcer Han
Kyo'ng-hi)" about the general standing at Osando'k (hometown of Kim
Cho'ng-suk) unable to forget the mother's love and telling that day of
powerful state that both the fatherly leader (o'bo'i suryo'ngim) hoped for
all throughout his life and mother picture in her mind is approaching.
talks about the general's pledge to speed up day of a powerful state
encouraged by mother's smile (joy). (5.5 min))

2100 News and weather2200 News and weather2225 Unattributed talk "Fiery
Revolutionary Who Lived (His) Whole Life Like Fire" (This program about
"Comrade Kim Ch'o'l-chu (Kim Chol Ju; Kim Jong Il's uncle) upon the 75th
anniversary of his demise (on 14 June 1935).Introduces anecdotes that
showed him as devoting his youth and whole life to carry out the great
leader's (widaehan suryo'ngnimu'i) revolutionary cause according to the
great leader's intention, line, policy and instructions.Notes Kim
Ch'o'l-chu being example of "chuc h'e-type revolutionary" today.Notes his
great life and immortal revolutionary achievement forever shining together
with the military-first era and greatly encouraging the DPRK people's
struggle to build a powerful state today.Concludes noting the people while
engraving in their hearts, indomitable revolutionary fighter Comrade Kim
Ch'o'l-chu's spirit of death-defying implementation and highly upholding
the respected and beloved general Kim Jong Il's military-first
revolutionary leadership, to make this year that marks the 65th founding
anniversary of the party into meaningful year in which brilliant heyday of
the improvement of the people's living standards unfolds. (8.5 min))

2300 Music (Starts with "Unforgettable Song" that opens with the Song
"Workers Party Is Our Guide (rodongdangu'n uriu'I hyangdoja)" that was
created in 1957) 14 June

0000 Overview of today's central newspapers (Overview of 14 June Monday
Rodong Sinmun (Nodong Sinm un) (nearly 5 min))0012 (0010 GMT) Rodong
Sinmun special article "Our Party's Immortal Achievement That Led Chuch'e
Socialist Cause to Victory"

(This 11 June Rodong Sinmun page-two special article by Kim Hong-ku'n
talks about the general's guidance and immortal achievement for the
socialist cause and the DPRK army and people's will to complete chuch'e
socialist cause.(14 min))

0100 News and weather0113 (Unscheduled) Editorial carried on page-one of
Rodong Sinmun "Functionaries, Advance at Vanguard of Great Upswing While
Upholding Banner" (OSC plans to process this editorial carried on page-one
of 14 June Rodong Sinmun hardcopy as KPP20100614104001 (8.5 min))

0200 "Everything for the Improvement of the People's Living Standards!"
header Program "On-the-spot Guidance Units That are Vigorously Waging
Manuring and Cultivation of Crops With the Very Spirit (Demonstrated)
During Rice Transplanting"

(This total 9. 5-minutes program introduces units that received the
leader's on-the-spot guidance of all parts of the country that are
vigorously waging manuring and cultivation of crops.This program consists
of:

(1) Unattributed talk "With Spirit of Completing Rice Transplanting in
Good Time Qualitatively" that introduces feats of functionaries and
agricultural working people of rural areas of all parts of the country
that received on-the-spot guidance who are vigorously kindling flames of
innovation while taking the lead in manuring and cultivation of crops
after successfully completing rice transplanting.Introduces leading units
that are carrying out farming work with burning will to repay the
respected and beloved general's love and faith bestowed upon them such as
Migok Cooperative Farm of Sariwo'n (North Hwanghae Province); Samjigang
Cooperative of Chaeryo'ng County (South Hwanghae Province); Oguk
Cooperative Farm of Anak County (South Hwanghae Province); Sinam Coop
erative Farm of Yongch'o'n County (North P'yo'ngan Province); Ch'o'ngsan
Cooperative Farm of Kangso' District (Kangso' County, South P'yo'ngan
Province); U'nhu'ng Cooperative Farm of T'aech'o'n County (North P'yo'ngan
Province); and Tongbong Cooperative Farm of Hamju County (South Hamgyo'ng
Province) that are concentrating efforts in weeding after successfully
completing rice transplanting in between interview with "Comrade (?Kim
Sang-nam), member of Ministry of Agriculture." (nearly 6 min)

(2) Forum by Comrade Cho Ch'ang-hwan), Work Team No 1 Leader of Ch'o'ngsan
Cooperative Farm of Kangso' District, Namp'o entitled, "Will Carry Out
Manuring and Cultivation of Crops In Scientific and Technological Way" on
will to carry out this year's farming well by carrying out pending
manuring and cultivation of crops, especially work of applying fertilizer,
in scientific and technological way that is connected with grain yield.
(2.5 min))0300 News and weather; Followed by music of Merited State Choir
at around 0316 GMT0321 (0322) "Everything for the Improvement of the
People's Living Standards!" header program "Great Fruit Producing Base
Where Great General's Far-reaching Plan Unfolded Into Reality"

(This total 17.5 minute program about Taedonggang General Fruit Farm that
realized the great general's far-reaching plan to carry out the fatherly
leader's dearest wish to supply more fruit to the people consists of:

(1) Unattributed talk "Another Rare Scene That Represents the
Military-first Era" that talks about and looks around fruit storage house
and apply drying (process) plant and other grounds and facilities of
Taedonggang General Fruit Farm, large-scale fruit producing base set up at
Samso'k District (Pyongyang), in between interviews with "Manager Kim
Ch'ang-ch'o'n"; "Apple Drying (Process) Plant Manager Comrade (Ri
Ch'ang-yo'p)"; one of the female mechanics, an d one of the family member
of Comrade Kim Sang-man, whose house that the general visited, who look
back on the great general's on-the-spot guidance and instruction to the
plant (15 min)

(2) Forum by (Female) Leader Comrade Chang So'n-hu'i entitled, "Will Repay
the General's Favors With Production of More Fruits" about resolution to
repay the general's love and faith by producing more fruit and supplying
them to people (2.5 min))0400 Novella "Burning White Snow (pult'anu'n
paekso'l)" (2) (Installment of novella by "Pak Yun that was published in
2004, Chuch'e 93" and read by "Pak U'n-a"(15 min)); Followed by music of
Merited State Choir at 0415 GMT0500 (Unscheduled) Important proclamation
(chungdae p'ogo) of the Korean People's Army (KPA) General Staff: "(We)
Will Respond (taeu'ng) to Puppets' Resumption of Anti-Republic
Psychological Warfare With All-Out Military Strike on All Fronts" (Repeat;
OSC processed this import ant proclamation as KPP20100612051003; KCNA
KPP20100614971056 (3.5 min)); Followed by music at 0503 GMT0506
(Originally scheduled at 0500 GMT) "Great Man of the Century" header
music-and-article "Shine Glory, Workers Party of Korea!"

(Repeat; This program about the song "Hail to the Workers Party of Korea
(choso'n rodongdang manse)" that sings of invincible party that encourages
the army and people to advance on single road of chuch'e under the
general's military-first revolutionary leadership (8 min)); Followed by
music of Merited State Choir at 0514 GMT

0600 News and weather

0700 (Unscheduled) Important proclamation (chungdae p'ogo) of the Korean
People's Army (KPA) General Staff: "(We) Will Respond (taeu'ng) to
Puppets' Resumption of Anti-Republic Psychological Warfare With All-Out
Military Strike on All Fronts" (Repeat of KCBS 0300 GMT 12 June, OSC
process this item as KPP20100612051003); followed by music
< br>0700 (Actually carried at 0706 GMT) Program "Let Us Resolutely Smash
the Rash Desperate Maneuver of Fanatics of Confrontation"

((1) Unattributed talk: "Maniac of Confrontation Brining About Calamity of
a Nuclear War Over the Heads of the People" Talks about how it was agreed
between the North and South to recognize and respect each others' ideology
and system; not interfere in each others' internal affairs; and do not
carry out any acts of destroying the other side, however the South is not
abiding by this principle aggravating North-South relations, continues to
denounce how the South is carrying out various anti-reunification acts,
denounces various South-US military exercises which are aimed at northward
aggression, it then talks about ship sinking incident, how the South is
blaming the North for the incident, denounces the Lee regime for clinging
to confrontational commotion (6 min)

(2) Platform by Hyo'n Su'ng-mo, head of the bureau o f affairs of Koreans
residing in Japan: "The Lee Myung-bak (Ri Myo'ng-pak, Yi Myo'ng-pak) Gang
of Traitors Should Not Carry Out Rash Acts" Talks about how the situation
on the Korean peninsula is very tense, dangerous, notes how the Lee regime
is running amok counter to the nation's desire, notes that the whole world
knows that the ship sinking incident was fabricated by Lee regime, notes
that is also fabricated new north wind incident to turn the public opinion
elsewhere and thus escape their political crisis, continues to note how
the Lee regime is trying to drive situation to confrontation, urges the
gang of traitors to correctly look at situation and receive judgment
before history, urges the Lee regime to act with discretion (5 min)

(3) Repercussions by the international community condemning and denouncing
the scheming ship sinking incident by the South Korean gang of traitors:
"(We) Brand and Condemn the Smear Act and Fabricated Act the United Sta
tes and the Lee Myung-bak Gang of Traitors" Talks about how various
countries France, Great Britain, and Russia denounce the United States and
South Korea for fabricating the ship sinking incident (4.5 min))

0752 (Added) Unattributed talk "Putting Efforts in the Work To Educate
Future Generation"

(Same title as 14 June Rodong Sinmun page-six article by Cho'n Yo'ng-hu'i
that notes China's efforts in the work to educate future generation (6.5
min))

0800 News; Kindergartners and schoolchildren's music

0853 (Added during afternoon preview; actually carried at 0849 as " Rodong
Sinmun commentary") Commentary "Extremely Dangerous Maneuver of
Cooperation in War of Northward Aggression"

(OSC plans to process this 14 June Rodong Sinmun page-five commentary by
U'n Cho'ng-ch'o'l as KPP20100614104003 which notes the puppets' maneuver
to provoke a war of northward aggression, which is being reinforced upon
the strategic vessel sinking incident, as reaching extremely dangerous
stage (5 min))

0900 (Actually carried at 0823 GMT) Unattributed talk "Banner of the Era
That Adheres To Movement for Independence and Reunification"

(Talks about significance of historic Pyongyang summit and 15 June Joint
Declaration which opened great national unity and new era for independent
reunification, continues to note how the joint declaration is a banner of
the era in the movement for independent reunification, elaborates on the
joint declaration which is for peaceful reunification (8 min))

0900 (Unscheduled) Central report meeting held at the People's Palace of
Culture to mark the 10 th anniversary of announcement of 15 June Joint
Declaration. (For details see FYI processed as KPP20100614021001; KCNA
KPP20100614971111; OSC to process Yang Hyong Sop's (Yang Hyo'ng-so'p)
report made at the meeting as KPP20100614021002)

0911 Program "Anti-Reunification Rogues Who Tram ple on the Nation's
Dearest Wish for Reunification Will Not be Able To Avoid Fellow
Countrymen's Stern Judgment" (Not carried)

0952 (Added during afternoon preview; actually carried as " Rodong Sinmun
commentary") Commentary "Nonsensical Remarks by Ignorant Fellow"

(OSC plans to process this 14 June Rodong Sinmun page-six commentary by
Kim Chong-son as KPP20100614104004.This commentary denounces rash remarks
that insulted the DPRK by International Atomic Energy Agency (IAEA)
Director General Yukiya Amano at meeting of IAEA Board of Governors that
opened in Vienna, Austria on 7 June (6.5 min))

1000 Music (not carried instead carries Important proclamation (chungdae
p'ogo) of the Korean People's Army (KPA) General Staff: "(We) Will Respond
(taeu'ng) to Puppets' Resumption of Anti-Republic Psychological Warfare
With All-Out Military Strike on All Fronts" (Repeat); followed by music)

1028 Long novel "Spring Thun der (pomuroe)" (6) from collection of works
"Immortal History;" Segment of novel by So'k Yun-ki

1100 News and weather

1128 Great leader (widaehan suryo'ng) Comrade Kim Il Sung (Kim Il-so'ng)'s
memoirs "With the Century" Part 1 "Anti-Japanese Revolution" Volume 8
(Succession Volume) (14)

1200 News and weather

1224 (Added during afternoon preview; actually carried at 1225 GMT)
Unattributed talk "Cancer to Middle East's Peace That Harbors Dangerous
Wicked Scheme for Nuclear"

(This 14 June Rodong Sinmun page-six unsigned article discloses Israel's
dangerous wicked scheme and ambition for nuclear program (6 min))

1300 News

1319 (Added during afternoon preview) Poem "For the Party and the
Fatherland (tanggwa chogugu'l wihayo')"

(Repeat; Poem by Kim Yo'ng-ch'o'l created in 1953; This poem describes the
scene of a village bombarded by the enemy warplanes and the resolve of
servicemen to launch a retaliatory attack against the enemy.The poem also
portrays the scene of soldiers holed up in trenches waiting to ambush "the
US imperialists and finally leading the charge in taking their vengeance
upon the enemy troops that occupied the highland (10 min))

1337 Broadcast drama based on reminiscences "A Revolutionary Should Always
Not Be Picky About the Guard Post of the Revolution" (1)

1400 Appreciation of revolutionary opera music

1500 Music till sign off

(Description of Source: Pyongyang Korean Central Broadcasting Station via
Satellite in Korean -- Satellite feed of DPRK state-run domestic radio
network)

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Top Headlines in Major ROK Newspapers
Yonhap headline: "Top headlines in major S. Korean newspapers" - Yonhap
Monday June 14, 2010 23:25:33 GMT
South Korean newspapers on June 15.

Korean-language dailies-- President aims to push forward four-major river
project, pledged to reshuffle aides (Kyunghyang Shinmun (Kyo'nghyang
Sinmun))-- Gen. Han Min-koo named new chairman of Joint Chiefs of Staff
(Kookmin Daily)-- President Lee leaves Sejong City to National Assembly
(Donga llbo)-- Taeguk warriors prepare to tackle Argentina (Segye Times
(Segye Ilbo))-- Presidential aides, cabinet to be reshuffled "young blood"
(Seoul Shinmun)-- Lee asks lawmakers to vote on Sejong City revision bill
(JoongAng Ilbo)-- Prime minister blasts civic group for questioning
Ch'o'nan (Cheonan) report at UN (Chosun Ilbo)-- Gov't reshuffles military
after Ch'o'nan (Cheonan) audit (Hankyoreh)-- Military, audit bureau clash
over Ch'o'nan (Cheonan) report (Hankook Ilbo (Hanguk Ilbo))-- President
says he will respect National Assembly vote of Sejong City (Maeil Business
Newspaper)-- Companies concerns over gov't back-paddling on Sejong City
plan (Korea Economic Daily)English-language dailies-- Civic group
questions Ch'o'nan (Cheonan) report at UN (JoongAng Daily)-- Koreas to
address U.N. over Ch'o'nan (Cheonan) (Korea Herald)-- Foreign banks up in
arms over foreign exchange controls (Korea Times)(Description of Source:
Seoul Yonhap in English -- Semiofficial news agency of the ROK; URL:
http://english.yonhapnews.co.kr)

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Jordan, Japan To Sign Nuclear Cooperation Agreement
Xinhua: "Jordan, Japan To Sign Nuclear Cooperation Agreement" - Xinhua
Monday June 14, 2010 15:23:04 GMT
AMMAN, June 14 (Xinhua) -- Jordan and Japan are scheduled to sign an
agreement in the field of nuclear energy for peaceful purposes before the
end of 2010, Jordan's Atomic Energy Commission (JAEC) said Monday.

The agreement entails cooperation between the two countries in the field
of nuclear energy, especially in creating the Kingdom's first nuclear
plant.Under the agreement, Jordan and Japan will cooperate in the field of
exploration of uranium, designing, building and operating nuclear
reactors, ensuring nuclear safety and security and managing radioactive
wastes, a JAEC statement obtained by Xinhua indicated Monday.Jordan, which
is planning to build 3 to 4 nuclear reactor s for the generation of power,
has signed nuclear cooperation agreements with several countries such as
France, Russia, China, South Korea, United Kingdom, Spain, Canada and
Argentina.In October 2009, Jordan announced the launch of the site
feasibility study for the Kingdom's first nuclear power plant.The plant,
located about 12 km to the east of the Aqaba coastline, is expected to
initially generate 750 to 1,100 megawatts of electricity and is scheduled
to be operational by 2020.Kamal Araj, JAEC commissioner for international
cooperation, said in the statement that the agreement, which was endorsed
by Jordan and Japan, will be presented to the Japanese parliament
soon.(Description of Source: Beijing Xinhua in English -- China's official
news service for English-language audiences (New China News Agency))

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Defectors Cheer on South, North Korean World Cup Players - Yonhap
Monday June 14, 2010 08:39:47 GMT
Defectors cheer on South, North Korean World Cup players

By Kim BoramSEOUL, June 14 (Yonhap) -- With the two Koreas set to
separately take on Latin American football titans Brazil and Argentina in
South Africa later in the week, World Cup fever was overwhelming North
Korean defectors living in the South.While North Korea is set to clash
with Brazil on Wednesday morning (Korean time), South Korea is headed for
a duel with Argentina Thursday night.Meanwhile, a group of North Korean
defectors that has regularly played in amateur club football games in
Seoul and other South Korean cities has particularly mixed feel ings ahead
of the crucial World Cup matches by the two Koreas.Last Saturday, when
South Korea trounced Greece 2-0, members of Gangseo FC, an amateur
football club of North Korean defectors founded in 2006, celebrated the
South's dramatic victory while warming up at a Seoul high school before a
football match against another amateur team."It was fantastic. Our team
won a great game!" said Yoo Chong-song, wearing a uniform echoing Spain's
Barcelona FC.Yoo, 29, the manager of Gangseo FC, came to the South in 1997
and now is a college senior."We, all from the North, are united while
playing football. We learn how each other is living once a week or
two."The approximately 15 members of Gangseo FC gather every weekend to
train, and they have matches every other Sunday.Kim Chong-kil, 39, the
founder of the club, said he wants his North Korean friends to be
comforted and cheered up through the sport despite their hardscrabble
lives."First, I organized small meetings for hiking or table tennis to
promote friendship among North Korean defectors," said Kim, who defected
to the South in 2004 and founded the club in 2006 in cooperation with
Banghwa Social Welfare Center."I know the North Koreans are struggling to
settle down in South Korea after years of dangerous journey from the North
to South. Football played by 11 players makes us feel united and helps us
talk about our daily lives.""Of course I'm tired after hours of work. But
I'm happy to be here and with them. This is why I join the team on
weekends and play football," said midfielder Kim Kwang-woon, 27, who has a
part-time job on the weekends.As of 2008, over 15,000 North Korean
defectors were living in South Korea. Kim, the founder, said his team has
taken on the other three amateur football teams in Seoul that are
comprised of North Korean defectors.When the match between Mirae FC and a
team of wallpaper hangers kicked off at Hanseo High School in western
Seoul, families and colleagues, including Kim's wife and children, roared
and cheered."I like coming out here to see football. It relieves my
stress," Kim's wife said, asking not to be named.Coach Chong Yui-son
instructed the team and worked out general strategies."I don't worry about
winning or losing. We enjoy the game," he said. The two teams tied at
2-2.On Saturday evening, some members of Gangseo FC gathered in Kim's
house to watch the South Korea-Greece match on TV. They celebrated the
victory until midnight.Kim said "our team" played so great that Greece
could not make effective counterattacks."But North Korea is unfortunate to
take on Brazil for the first match," said Kim. "It will be wonderful to
tie with Brazil. I wish the North goes up to the second round."Kim said
North Korea's quarterfinals feat in the 1966 World Cup was a miracle that
surprised the world."Well, actually I don't remember it. It was b efore I
was born," said Kim with a bright laugh. "I thought North Korea was one of
the strong countries in terms of football.""But people in North Korea are
still going through hard times. It's a pity to see poor people remain
suffering for years."Still, Kim clings to the hope that North and South
Korea form a united team and win the World Cup in the near future.There
was one time that a united Korea team participated in an international
tournament. In the 1991 under-20 world championships in football, Team
Korea made a quarterfinal finish, beating Argentina."I expect that the
sport leads the two Koreas to reconcile with each other and harmonize. I
know it's impossible now, but in the near future, I hope that a united
Korea team lifts the World Cup trophy."

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S. Korea to Complete Design of New Mid-size Reactor By Late 2010 - Yonhap
Monday June 14, 2010 02:35:45 GMT
S. Korea to complete design of new mid-size reactor by late 2010

SEOUL, June 14 (Yonhap) -- South Korea will complete a "standard design"
for a new type of mid-size fission reactor unit by the end of this year as
part of its efforts to lead the global atomic energy market, the
government said Monday.The Ministry of Education, Science and Technology
said a consortium led by Korea Electric Power Corp. and made up of 13
companies, including POSCO and STX Heavy Industries Co., agreed to invest
100 billion won (US$81.7 million) to complete design work and technical
verification of the system integrated modular advanced reactor (SMART).The
state-run Korea Atomic Energy Research Institute will foot an additional
70 billion won with authorization for construction to be approved next
year after a detailed review by the Korea Institute of Nuclear Safety, it
said.SMART is expected to have a power output of around 100 megawatts and
is designed to be smaller, cheaper and easier to operate than the current
generation of conventional reactors, which have a power output exceeding
1,000 megawatts of power."It will be a reactor suitable for developing
countries that do not have large-capacity transmission and distribution
power grids," a government official said.He said South Korea would decide
in 2011 if it would build a testbed reactor in the country that can be
used to show prospective overseas customers the feasibility and safety
features of the system.Local work on SMART began in 1997, with a total of
140.1 billion won poured into research and development so far.Such
smaller-si ze units may cost around 500 billion won to build, compared to
several trillion won for larger reactors.These reactors can provide
electricity for up to 100,000 people, and if a desalination plant is added
to the design, provide large quantities of drinking water.The ministry,
meanwhile, said studies conducted by the U.S. Department of Energy claimed
around 700 SMART-like compact reactors worth 350 trillion won may be built
by 2030.The United States and Argentina are also engaged in the
development of compact reactors called mPower and CAREM units.The
establishment of the SMART consortium is part of the larger South Korean
goal of becoming one of the top three exporters of nuclear reactors, along
with the United States and France, by 2030.The country has secured a deal
to build four 1,400 megawatt reactors for the United Arab Emirates by 2020
and is aiming to win a contract to build an atomic power plant in Turkey.

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Today In History - Central News Agency
Monday June 14, 2010 01:15:02 GMT
Taipei, June 14 (CNA) -- Today is Monday, June 14, or the third day of the
fifth month of the Year of the Tiger according to the lunar calendar.
Following is a list of important events that have occurred on this date in
the past: 1777: The US Congress adopts the "Stars and Stripes" as the
official flag of the United States.

1838: Yamagata Aritomo, Japanese soldier and twice prime minister, is
born. He played a major role in turning Japan into a formidable military
power.1894: After displaying the first commercial mo tion-picture machine
at the World's Colombian Exposition in 1893, Thomas Alva Edison's company
presents the first sports-related movie on boxing.1900: The first Grand
Prix, or international car race, takes place in Paris.1920: In China, war
between the Chihli and Anhwei warlords breaks out. Tsao Kun of the Chihli
faction and Chang Tso-lin of the Fengtien faction join forces to fight
against Tuan Chi-jui of the Anhwei faction.1936: Chang Tai-yen, a noted
scholar of Chinese literature, dies in Soochow at the age of 67.1940:
German troops march into Paris, and the flag of Nazi Germany, bearing the
swastika, is hoisted up the Eiffel Tower.1941: President Franklin D.
Roosevelt orders the freezing of all German and Italian assets in the
United States.1943: The Battle of West Hupeh ends with Japanese troops
driven back to their previous positions.1949: Bao Dai is installed as
president of Vietnam.1952: The Nautilus, the first nuclear-powered
submarine, is put on public display in t he United States.1955: The
Republic of China and the United States sign an agreement in Washington on
the peaceful use of nuclear energy.1964: In the ROC, the NT$3.2 billion
multipurpose Shihmen Dam is dedicated.1971: The Tourism Bureau under the
Ministry of Communications is inaugurated in Taipei.1973: A 10-member
Chinese national judo team headed by Mao Ming-chu leaves for Lausanne to
take part in the 8th world championships.1974: Vice Premier Hsu
Ching-chung and Deputy Premier Cuthbert Edwy Talma of the Barbados sign a
joint communique in Taipei announcing the extension of the Sino-Barbados
agricultural technical cooperation agreement.1975: More than 500 Chinese
poets and Dr. Jeno Platthy, chairman of the Organizing Committee of the
Third World Congress of Poets, gathered in Taipei to celebrate Chinese
Poets Day and pay homage to poet Chu Yuan of the period of Spring and
Autumn Annals.1978: A technical cooperation agreement between Saudi Arabia
and the Republic of China i s signed.1979: President Chiang Ching-kuo
appoints Huang Shao-ku and Hung Shou-nan as president and vice president
of the Judicial Yuan, respectively, following unanimous approval by the
Control Yuan.1982: Argentine troops surrender to the British commander of
land forces in the Falklands, marking the end of a six-week conflict that
cost 254 British and 750 Argentine lives.1982: President Chiang Ching-kuo
visits the Saudi Arabian Embassy in Taipei to extend his condolences over
the passing of King Khalid ibn abdul Aziz.1989: Former governor of
California and US President Ronald Reagan is knighted by Queen Elizabeth
II.1992: Ronald Freeman, vice president of the European Bank for
Reconstruction and Development, visits the ROC to discuss Sino-European
trade and financial relations.2000: U.S. President Bill Clinton sends his
greetings to the participants in the 24th annual Joint Business Conference
of the U.S.-ROC (Taiwan) and ROC-U.S.A. Business Councils, which kicks off
in Ta ipei.2001: A 23-member mainland Chinese delegation arrives in Taipei
to take part in an unprecedented cross-Taiwan Strait long-distance race as
part of a campaign for mainland China's bid to win the right to host the
2008 Olympic Games.Confucius' lesson of the day: "Your meek men of
respectability, are they who unmercifully destroy all sense of moral
sentiment in man."(Description of Source: Taipei Central News Agency in
English -- "Central News Agency (CNA)," Taiwan's major state-run press
agency; generally favors ruling administration in its coverage of domestic
and international affairs; URL: http://www.cna.com.tw)

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(World Cup) S. Korea Resumes Training For Match Against Argentina - Yonhap
Monday June 14, 2010 00:37:44 GMT
(World Cup) S. Korea resumes training for match against Argentina

By Tony ChangRUSTENBURG/PRETORIA, South Africa, June 14 (Yonhap) --
Savoring their victory in the Group B opener against Greece, South Korea's
World Cup squad resumed training at their base camp to prepare for the
upcoming high-altitude match against Argentina.The South Koreans secured
three points in Group B after beating Greece 2-0 in Port Elizabeth on
Saturday, inching toward their goal of advancing to the second round for
the first time in an overseas tournament.The team, led by coach Huh
Jung-moo, headed back to their base camp in Rustenburg, near Johannesburg,
on Sunday on a FIFA-provided chartered plane and entered recovery training
at the Olympic Park stadium.The South Koreans are set to face of f with
Argentina, one of the top World Cup contenders, on Thursday at Soccer City
Stadium in Johannesburg, which is some 1,700 meters above sea level.South
American titan Argentina, coached by legendary footballer Diego Maradona,
is one of the top contenders at the South African finals.The South Koreans
have used oxygen masks and special rooms with lower-than-normal oxygen
levels to adjust to the high altitudes, a key drawback they are up against
in South Africa."The team's mood is much better compared to when we first
got here. We have gotten used to our days in South Africa. While there are
concerns regarding the next match against Argentina, we believe we can
achieve good results as we've done fairly well so far," defender Kim
Nam-il said after the training session.Jung Sung-ryong, junior goalie who
played in the match against Greece, also noted that Argentina was formed
of top players such as Lionel Messi and Gonzalo Higuain, but observed his
team as having a d efense line that was better organized."I think it will
be best (for our offense) to play with full trust in our defenders," said
Jung.At a press conference in Pretoria, Argentina's star winger Messi
described the South Koreans as "strong and fast," but said he believes the
Argentines only need to worry about their own form."It's about what we do
... we are our own rivals," Messi said at a post-practice press conference
at the University of Pretoria.The South Koreans are scheduled to train in
Rustenburg until Monday and travel to Johannesburg on Tuesday to tune up
for the match against Argentina.

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Christia ns Launch Campaign to Increase Fertility - Yonhap
Tuesday June 15, 2010 04:50:19 GMT
Christians launch campaign to increase fertility

SEOUL, June 15 (Yonhap) -- A Christian-led group of Korean opinion leaders
launched a movement on Tuesday to encourage couples to have more babies, a
move to bolster the country's staggering fertility rate that ranks lowest
in the world.Falling birth rate has become a major concern for Korea's
rapidly aging demographics and its national economy. The lack of
child-rearing support and gender equality issues compel working women in
fertility age to do without babies or even remain single, surveys
show."Fellow Koreans, we ask for your hearty support and cooperation to
achieve this sacred mission which will save the nation and save the
people," said Cho Yong-gi, founder of the Yoido Full Gospel Church and
chairman of the campaign, roughly tran slated "National Movement for
Fertility Encouragement," in an opening speech.A South Korean woman gives
birth to 1.22 children on average, less than half the world birth rate,
2.54, according to the 2009 report by the United Nations Population Fund.
The Korean figure was the second lowest among 185 countries surveyed, next
only to Bosnia and Herzegovina with 1.21.First lady Kim Yoon-ok, a
Christian like her husband President Lee Myung-bak and who has four
children, was named honorary chairperson for the movement. She recounted
the dramatic reversal of the Korean demographic atmosphere which only a
generation ago, urged women to have no more than one or two babies to
tackle the post-Korean War baby boom."I was called 'barbarian' to have
four children and was even deprived of insurance benefits," Kim said with
a smile at the ceremony held at the Press Center."Happiness and hope will
be hard to find if we can't hear the children's smiles," she said . "The
reason why we live through our hardships and strive to make a better world
is because we have responsibility for the future of our children."The
movement attempts to encourage women in fertility age to have at least two
children by providing more nurseries and day-care homes through church and
other religious facilities. It will also provide support to companies with
female workers and raise anti-abortion campaigns.

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ROK Editorial Says ROK Faces Risk of Being Left 'Behind' in Green Auto
Race
Editorial: "Korea Is At Risk of Being Left Behind in Green Auto Race" -
Chosun Ilbo Online
Tuesday June 15, 2010 03:09:17 GMT
The global market for electric vehicles is expected to rise from 740,000
units last year to 1.29 million by 2020, according to JP Morgan. But if
the Korean government and businesses continue their lukewarm approach,
their aspirations to claim a 10 percent market share and emerge as one of
the world's top four producers by 2015 will fall flat.

(Description of Source: Seoul Chosun Ilbo Online in English -- English
website carrying English summaries and full translations of vernacular
hard copy items of the largest and oldest daily Chosun Ilbo, which is
conservative in editorial orientation -- strongly nationalistic,
anti-North Korea, and generally pro-US; URL: http://english.chosun.com)

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S. Korea Acquires Its First Stake in Myanmar Onshore Gas Block - Yonhap
Tuesday June 15, 2010 02:29:44 GMT
parliamentary delegation-Myanmar gas

S. Korea acquires its first stake in Myanmar onshore gas blockBy Shim
Sun-ahSEOUL, June 15 (Yonhap) -- South Korea has agreed with Myanmar for
the first time to jointly exploit an onshore gas block in the Southeast
Asian country, a ruling party lawmaker said Tuesday.A five-member South
Korean parliamentary delegation led by Rep. Lee Jong-heuk of the ruling
Grand National Party (GNP), and Myanmar government officials, including
the country's energy minister, has agreed on the joint exploitation of
Myanmar's B-2 and A-7 gas blocks, Lee said.Myanmar has not opened its
doors to the B- 2 onshore block to foreign countries other than China,
Russia and India. A-7 is an offshore block known to have high chances for
success.The delegation tasked with energy diplomacy with Myanmar, all
composed of legislators of the ruling party, visited the Southeast Asian
country on June 9-12 for the talks.The two countries decided to hold
additional talks on the development of eight other offshore blocks in
addition to the B-2 and A-7 blocks, Lee said."South Korea's acquirement of
its first stake in an onshore gas block in Myanmar, a resources-rich
country trying to change into a free democracy, is an achievement marking
a new era in our history of energy diplomacy with Myanmar," Lee said.
"With this as a ground, we will work harder for energy diplomacy in the
future."(Description of Source: Seoul Yonhap in English -- Semiofficial
news agency of the ROK; URL: http://english.yonhapnews.co.kr)

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US State Department Says DPRK Remains Among 12 'Worst' Human Trafficking
Countries
Updated version: "UPDATES with more details, background throughout;"
Yonhap headline: "N. Korea Remains Among 12 Worst Human Trafficking
Countries: State Dept." by Hwang Doo-hyong - Yonhap
Monday June 14, 2010 23:14:23 GMT
countries in human trafficking, along with 12 other nations, the U.S.
State Department said Monday.

The 2010 Trafficking in Persons Report categorized North Korea with other
Tier 3 countries that "do not fully comply with the minimum standards and
are not making significant efforts to do so" under the Trafficking Victims
Protection Act.The congressionally mandated report cited North Koreans
subjected to human trafficking in neighboring China while seeking food,
work and freedom."North Korea continues to be a Tier 3 country in this
year's report," Luis Cdebaca, director of the office to monitor and combat
trafficking in persons, told reporters. "We have not seen any indication
that the North Korean government is actually addressing the
human-trafficking problem."North Korea has been on the list since 2003.The
other countries with the worst records are Congo, Cuba, the Dominican
Republic, Eritrea, Iran, Kuwait, Mauritania, Myanmar, Papua New Guinea,
Saudi Arabia, Sudan and Zimbabwe.The U.S. government imposes financial
sanctions and a ban on humanitarian aid on Tier 3 countries for two
straight years.South Korea was listed among Tier 1 countries, which fully
comply with the minimum standards on human trafficking."Th e Democratic
People's Republic of Korea (DPRK or North Korea) is a source country for
men, women, and children who are subjected to trafficking in persons,
specifically forced labor and forced prostitution," the report said. "The
most common form of trafficking involves North Korean women and girls
forced into marriage or prostitution in China. Women and girls from North
Korea migrate to China, often with the help of a facilitator, seeking
food, work, freedom, and better life prospects."China has been under
criticism for repatriating North Korean refugees under a secret agreement
with North Korea, categorizing defectors as economic immigrants rather
than refugees, despite the danger of them being persecuted back home."If
found by Chinese authorities, victims are deported back to North Korea,
where they may face harsh punishment, and may be subject to forced labor
in DPRK labor camps," the report said. "NGOs and researchers estimate that
tens of thousands of undocumented North Koreans currently live in
northeast China, and as many as 70 percent of them are women. Their status
in China as economic migrants who may be deported to North Korea makes
them particularly vulnerable to trafficking."NGO stands for
nongovernmental organization.A human rights report released by the State
Department in March said that hundreds of thousands of North Korean
refugees defected to China last year.Repatriated North Koreans are subject
to "a minimum of five years of labor correction," or "indefinite terms of
imprisonment and forced labor, confiscation of property, or death," the
rights report said.Most North Korean refugees, fleeing poverty, head to
South Korea via neighboring China.South Korea has received about 18,000
North Korean defectors since the end of the 1950-1953 Korean War. The U.S.
has taken in nearly 100 North Korean refugees since the North Korean Human
Rights Act of 2004.The U.S. raised the refug ee issue during the first
human rights dialogue with China under the Obama administration held last
month."I think again this is an area -- maybe another area where a more
regular discussion about refugee protection issues could be a very useful
thing," Michael Posner, assistant secretary for democracy, human rights
and labor, said at the time. "And we're certainly following those cases
and we'll continue to raise them."Cdebaca said, "What we'd like to see
from the government of China is that there would be actual screening of
people within that refugee flow to see which are the people who are
actually trafficking victims... We'd like to see more screening and then
more victim protections on the part of the Chi nese government."The
official also expressed concerns about reports of abuse of North Korean
workers abroad."When the North Korean government exports labor to other
countries, are those people -- in the places that they're going -- d o
they have a modicum of freedom there? Or is the government sending,
whether it's police or security services or others with them in order to
keep them in line?" he said. "I think the Czech Republic actually
terminated their contracts with (North Korea) because of their concerns of
the type of abuse that was happening with the exported North Korean
laborers."(Description of Source: Seoul Yonhap in English -- Semiofficial
news agency of the ROK; URL: http://english.yonhapnews.co.kr)

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22) Back to Top
ROK Official Says 'No Objections' From UNSC Members on Sunken Ship Probe
Yonhap headline: "No objections from U.N. Security Counci l members on
sunken ship probe: official" by Chang Jae-soon - Yonhap
Tuesday June 15, 2010 02:53:08 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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23) Back to Top
UNSC to Hear Both Koreas on Cheonan Sinking - Chosun Ilbo Online
Monday June 14, 2010 23:09:22 GMT
(CHOSUN ILBO) - The UN Security Council started discussion on Monday
afternoon about the sinking of the South Korean Navy corve tte Ch'o'nan
(Cheonan). The UNSC expects to hear South and North Korean views about the
incident.

South Korea's investigation team led by Yoon Duk-yong, an honorary
professor at the Korea Advanced Institute of Science and Technology, will
say that the North sank the warship in clear violation of the UN Charter
and the armistice agreement that ended the Korean War in 1953 and show
footage of the Navy salvaging a North Korean torpedo propulsion device
discovered on the seabed near where the Ch'o'nan (Cheonan)
sank.Investigators will stress that all members of the international
inquiry team from the U.S., the U.K., Australia, and Sweden agreed that
chemical substances found in the propulsion shaft and the shipwreck were
identical.Earlier, the North asked Mexico, the current chair of the UNSC,
for an opportunity to explain its position. According to a diplomatic
source, the UNSC agreed to give the North a chance before it makes its
decision.Susan Rice, the U.S. ambassador to the UN, in an interview on Fox
News said the sinking "was an outrageous act of aggression that we condemn
and it needs to be punished. Our hearts go out to the families of the
sailors whose lives were lost in that event."U.S. Assistant Secretary of
state Kurt Campbell will fly to Seoul on Wednesday with the U.S. chief
nuclear negotiator Sung Kim to discuss the UNSC response to the sinking
with South Korean officials.Campbell will discuss a Seoul-Washington
summit on the sidelines of the G20 summit in Canada in late June.Believing
that it is unlikely the UNSC can agree a firm resolution sanctioning the
North due to opposition from North Korea's staunchest ally China, which
has a veto as a permanent member, South Korean and the U.S. are already
aiming only at a so-called chairman's statement denouncing the North. The
UNSC is expected to make a decision next month.(Description of Source:
Seoul Chosun Ilbo Online in English -- English website carrying English
summa ries and full translations of vernacular hard copy items of the
largest and oldest daily Chosun Ilbo, which is conservative in editorial
orientation -- strongly nationalistic, anti-North Korea, and generally
pro-US; URL: http://english.chosun.com)

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24) Back to Top
(World Cup) FIFA Signs Deal, Seeks to Air World Cup in N. Korea - Yonhap
Monday June 14, 2010 17:22:29 GMT
(World Cup) FIFA signs deal, seeks to air World Cup in N. Korea

By Tony ChangJOHANNESBURG, June 14 (Yonhap) -- FIFA, world's football
governing body, said Monday it has signed a deal with A sia's
broadcasters' union in an effort to air World Cup matches in North Korea,
one of 32 nations participating in the South African finals.The last time
the dark-horse team made it to the World Cup finals was in 1966 in
England.Last week, the North was found to have broadcast the opening match
between hosts South Africa and Mexico despite its lack of broadcasting
rights.South Korean broadcaster SBS has the World Cup broadcasting rights
for the Korean Peninsula.In an e-mail response to questions from Yonhap
News Agency on the matter, FIFA said that it has signed a deal with the
Asian-Pacific Broadcasting Union (ABU) to deliver matches live in the
communist country."ABU has now signed ...FIFA is working with ABU to get
the signal to North Korea," FIFA said, but did not provide terms of the
deal due to the sensitivity of the matter."We expect that they show the
matches live subject to FIFA guidelines and instructions."Otherwise, North
Koreans viewers will m iss out unless they obtain a pirated signal from
South Korea -- an illegal practice that has already threatened to increase
political tension between the two states.Previous talks between SBS and
the North collapsed amid ongoing political tension between the divided
countries.South Korea holds the North responsible for the sinking of a
warship in late March.North Korea denies any role and has threatened war
if sanctions are imposed on the country.

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25) Back to Top
ROK, DPRK To Address UN Security Council Over Ship Sinking
Updated version: Replacing 0105 GMT version with update provided by source
at 0640 GMT, which recasts first 3 grafs and updates g raf 5, 10-11, 14-15
with comments from the foreign ministry spokesman, and provides a by-line;
By Chang Jae-soon: "South, North Korea to Address U.N. Security Council
Over Ship Sinking" - Yonhap
Monday June 14, 2010 07:09:32 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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26) Back to Top
ROK-Mexico FTA Talks 'Expected' To Resume
Unattributed article: "Korea-mexico FTA Talks Expected to Resume" - Chosun
Ilbo Online
Mon day June 14, 2010 03:26:15 GMT
(Description of Source: Seoul Chosun Ilbo Online in English -- English
website carrying English summaries and full translations of vernacular
hard copy items of the largest and oldest daily Chosun Ilbo, which is
conservative in editorial orientation -- strongly nationalistic,
anti-North Korea, and generally pro-US; URL: http://english.chosun.com)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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27) Back to Top
North Accused of Pirating Cup Coverage - JoongAng Daily Online
Monday June 14, 2010 00:48:52 GMT
(JOONGANG ILBO) - North K orea broadcast the opening match of the FIFA
World Cup between hosts South Africa and Mexico on Saturday, despite its
lack of broadcasting rights.

Recorded footage of Friday's game was broadcast via North Korea's Central
Broadcasting Station, prompting South Korean broadcaster SBS, which has
the World Cup broadcasting rights for the entire Korean Peninsula, to
accuse it of piracy."The North's broadcast was unauthorized. We have the
broadcasting rights for the entire Korean Peninsula," an SBS official
said. "The company will decide on measures after determining how North
Korea secured the footage."Last week, SBS said it had tried to negotiate
terms to provide World Cup broadcasts to North Korea. The North, like
South Korea, has a team participating in the tournament.However, SBS said
that negotiations ground to a halt amid tensions between Seoul and
Pyongyang over the sinking of the South Korean warship Ch'o'nan (Cheonan)
on March 26.Seoul has concl uded that a North Korean submarine fired a
torpedo that sank the 1,200-ton corvette and killed 46
sailors.(Description of Source: Seoul JoongAng Daily Online in English --
Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage; distributed as an insert
to the Seoul edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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28) Back to Top
DPRK Threats, PRC Reluctance 'Hobble' ROK's Response to Ch'o'nan
Unattributed report: "Uncertainties Hobble S.Korea's Response to Cheonan
Sinking" - C hosun Ilbo Online
Sunday June 13, 2010 23:40:19 GMT
(Description of Source: Seoul Chosun Ilbo Online in English -- English
website carrying English summaries and full translations of vernacular
hard copy items of the largest and oldest daily Chosun Ilbo, which is
conservative in editorial orientation -- strongly nationalistic,
anti-North Korea, and generally pro-US; URL: http://english.chosun.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

29) Back to Top
Taiwan's Anti-human Trafficking Efforts Recognized
By Zep Hu, Jenny W. Hsu and Y.F. Low - Central News Agency
Tuesday June 15, 2010 04:17:58 GMT
Washington, June 14 (CNA) -- Taiwan has regained its status as a country
working to eliminate human trafficking after being downgraded for the
previous five years, according to the U.S. State Department's latest
Trafficking in Persons (TIPS) Report released Monday.

Taiwan was listed as a "tier 1" country in the TIPS report -- meaning it
fully complies with the minimum standards of the U.S.Trafficking and
Violence Protection Act -- for the first time since 2004.According to the
report, Taiwanese authorities took various corrective measures to fight
the problem last year, including banning for-profit marriage brokerage
firms and implementing the Human Trafficking Prevention and Control Act,
which took effect in June 2009.Those efforts helped Taiwan regain the top
tier rating -- along with countries such as the U.S. and Canada -- after
it fell to "tier 2" in 2005 a nd then dropped another notch to the "tier 2
watch list" in 2006.Taiwan regained "tier 2" status in 2007 and remained
there until this year's annual review.The report specifically lauded the
government's efforts to identify and protect trafficking victims, saying
that 329 victims were placed in shelters in 2009, up from 65 the previous
year.The National Immigration Agency (NIA) in collaboration with local
nongovernmental organizations also opened up two new shelters where
victims can receive counseling services as well as job training.Victims
who found employment further away from the shelters are permitted to live
off-campus, the report said.As of 2009, there were a total of 19 shelters
established across the country.Luis CdeBaca, ambassador-at-large with the
Office to Monitor and Combat Trafficking in Persons, noted that shelters
in Taiwan are different from those in many countries around the world,
where the facilities look more like a detention center where the victims
are just there "being warehoused." "Taiwan has recognized that, has
studied it, and has actually acted to make sure that these people are not
just put in jail after they get liberated," CdeBaca said.The Human
Trafficking Prevention and Control Act also helped to boost Taiwan's
ranking. Combined with portions of the Criminal Code, the act criminalizes
trafficking for both commercial sex exploitation and forced labor and
mandates sentences of up to seven years in jail for violators.Moreover,
the act allows victims to apply for continued residency and a work permit,
the report noted "It (the law) allows for victims to work, to be able to
stay in Taiwan, to get jobs with other employers, and to work while their
cases are being investigated," CdeBaca said.The report also said that in
2009, over 4,500 Taiwanese officials, academics, civic groups, and first
responders received anti-trafficking training.Taiwan's 2010
anti-trafficking action plan has called for an interagency task force
comprised of authorities, NGOs, and academics to meet every month to
coordinate anti-trafficking efforts.The government has also earmarked
NT$1.6 million to fund a public awareness campaign on the issue.According
to the report, Taiwan remains a destination, rather than a source or
transit territory for victims of human trafficking.Most of the victims
came to Taiwan via brokers from Southeast Asian countries such as Vietnam,
Thailand, Indonesia, and the Philippines to work as factory hands or
domestic caregivers.The report urged Taiwan to extend the Labor Standards
Act to all categories of workers, including domestic workers and
caregivers. It also recommended that the government subject traffickers to
stringent penalties and ensure that the victims have a clear understanding
of their rights.Other tier 1 countries include many western European
nations, South Korea, Australia, and New Zealand.Neighboring countries and
territ ories such as Japan, Mongolia, Hong Kong, Macao, Thailand,
Malaysia, and the Philippines were placed in "tier 2" or on the "tier 2"
watch list, " where China was ranked for the sixth straight
year.(Description of Source: Taipei Central News Agency in English --
"Central News Agency (CNA)," Taiwan's major state-run press agency;
generally favors ruling administration in its coverage of domestic and
international affairs; URL: http://www.cna.com.tw)

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30) Back to Top
DPRK's KCNA Lists 14 Jun Rodong Sinmun Articles
Attaching the vernacular full-text of the Rodong Sinmun list of articles
for the corresponding date -- as available from the KCNA in Korean feed --
in PDF format; KCNA headline: " Review of Rodong Sinmun" - KCNA
Monday June 14, 2010 04:56:27 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)Attachments:RSListKCNA14Jun10.pdf

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31) Back to Top
ROK, Colombia Start 3rd Round of Free Trade Talks on 14 Jun
Updated version: adding International Economic tag; Yonhap headline: "S.
Korea, Colombia start 3rd round of free trade talks" - Yonhap
Monday J une 14, 2010 10:13:10 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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32) Back to Top
S. Korea, Colombia Start 3rd Round of Free Trade Talks - Yonhap
Monday June 14, 2010 08:03:20 GMT
S. Korea, Colombia start 3rd round of free trade talks

SEOUL, June 14 (Yonhap) -- South Korea and Colombia began Monday their
third round of free trade negotiations in Seoul, the trade ministry
said.The two countries will discuss a range of issu es such as services
and investment until Friday, the ministry said. Both sides held the first
round in Seoul in December.Their bilateral trade reached US$922 million in
2009, with South Korea's exports to the South American country reaching
$797 million, according to the ministry.South Korea's main export items
include cars and electronic goods, and it imports coffee and resources,
such as coal and nickel, from Colombia.The South American country has free
trade pacts with the United States, Canada and the European Free Trade
Association (EFTA), comprising Switzerland, Norway, Iceland and
Liechtenstein.South Korea also has free trade pacts with Chile, Singapore,
the EFTA and the 10-nation Association of Southeast Asian Nations.A free
trade pact between Korea and the United States was signed in 2007, but
still awaits ratification by the legislatures of both countries.

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33) Back to Top
ESU-Korea Holds First Speaking Competition - JoongAng Daily Online
Monday June 14, 2010 00:37:48 GMT
(JOONGANG ILBO) - The English Speaking Union-Korea awarded the first
winners of its nationwide public speaking competition at Ewha Womans
University yesterday.

Eighteen students made it into the finals from a pool that started with
roughly 1,000 contestants.The students were divided into three groups by
academic level - elementary, middle school and high school - and given
five minutes to speak about "Speculation on Our Future."The speeches were
followed by a one-minute evaluation with brief questions from the judges
and other competitor s.Professors from Ewha Womans University and the dean
of Ewha's Graduate School of Teaching Foreign Languages made up the small
group of judges.The students chose to speculate on topics ranging from the
recent sinking of the Navy corvette Cheonan to the detrimental effects
human beings have on the environment.The grand prize winners were Sohn
Ho-jun, currently in his last year at Jeongbal Elementary School; Choi
Mu-jin, who attends Korea University Middle School; and Jung Ji-seung, a
student at Daejin High SchoolJung, who placed first in the high-school
division, will be given a chance to participate in the ESU international
debate, which will take place in May 2011 in the United Kingdom. Another
student will be selected from a second tournament in Korea during the
latter half of the year to accompany Jung.Other prizewinners will be given
benefits should they later apply for internship positions at JoongAng
Daily - one of the hosts of the competition- as well as access to ne
wsletters regarding future speaking and debating competitions and chances
to participate in special lectures on speaking and debating.The
competition was hosted by the JoongAng Daily, JoongAng Ilbo and Ewha
Womans University.Further information from the competition as well as
interviews with the grand prize winners will be featured in JoongAng
Daily's education page on June 18.(Description of Source: Seoul JoongAng
Daily Online in English -- Website of English-language daily which
provides English-language summaries and full-texts of items published by
the major center-right daily JoongAng Ilbo, as well as unique reportage;
distributed as an insert to the Seoul edition of the International Herald
Tribune; URL: http://joongangdaily.joins.com)

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34) Back to Top
ROK Evacuates 74 Citizens Due to Ethnic Violence in Kyrgyzstan's Osh
Updated version: Upgrading precedence and adding urgent tag; Yonhap
headline: "S. Korea evacuates citizens from Kyrgyzstan amid deadly ethnic
violence" - Yonhap
Monday June 14, 2010 08:39:48 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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35) Back to Top
FEATURE: Pastry Chef Finds Fame in Ly chees
Unattributed article from the "Taiwan" page: "FEATURE: Pastry Chef Finds
Fame in Lychees" - Taipei Times Online
Tuesday June 15, 2010 01:10:25 GMT
GE:

http://www.taipeitimes.com/News/taiwan/archives/2010/06/15/2003475515
http://www.taipeitimes.com/News/taiwan/archives/2010/06/15/20034 75515

TITLE: FEATURE: Pastry chef finds fame in lycheesSECTION: TaiwanAUTHOR: Wu
Pao-chun won the Bakery World Cup in France in March using dried lychees.
Since then, demand for his products and the fruit has soaredBy Fanny
LiuCNA, WITH STAFF WRITERTuesday, Jun 15, 2010, Page 2Council of
Agriculture Minister Chen Wu-hsiung, right, and Wu Pao-chun, center,
display new Taiwanese lychee varieties at a promotion last
Tuesday.PUBDATE:(TAIPEI TIMES) - SPECIAL INGREDIENT: Wu Pao-chun won the
Bakery World Cup in France in March using dried lychees. Since then,
demand for his products and the fruit has soaredBy Fanny LiuCNA, WITH
STAFF WRITERTuesday, Jun 15, 2010, Page 2

Thanks to pastry chef and baker Wu Pao-chun, dried lychees have become so
popular that the nation's farmers have not been able to meet increasing
demand from domestic and foreign bakeries.

Dried lychees were one of the ingredients Wu used to make his winning
"Taiwan-style" bread at the 2010 Bakery World Cup in France, where he won
the title of Master Baker in the bread category.Since Wu's victory in
March and the publication of his recipe, local bakeries have ordered more
than 10,000kg of dried lychees, he said.With supply falling short of
demand, Wu said local farmers have limited Japanese importers to
1,000kg."That will definitely not be enough to meet Japanese needs," said
Wu, who has been invited by a flour company to visit Tokyo on Sunday to
share his know-how with hundreds of representatives from Japanese
bakeries."The government s hould do more to combine bakery -expertise with
local farmers to promote Taiwanese fruit exports," Wu said, since many
people in Japan, South Korea, Singapore and Malaysia love the fruit.The
government could act to ensure stable quality and supply of the fruit, he
said, noting that some Taiwanese lychees have too much pesticide residue,
which could prevent them from meeting Japanese standards."What I can do is
develop good recipes that combine local ingredients with international
baking techniques, and I think that is meaningful," said Wu, who was also
a winner of the Louis Lesaffre Cup in 2007 and a silver medalist in the
2008 Bakery World Cup's team competition.Wu said he is also developing new
products using Taiwanese pineapples, bananas and oranges."I have a special
regard for pineapples, because my late mother used to plant pineapples in
Pingtung," Wu said, adding that he wants to develop breads, jams and cakes
featuring the fruit.With the gover nment trying to boost banana sales to
help farmers cope with a price drop, Wu said bananas, along with
chocolate, are ideal ingredients for making tasty Viennese pastries."It
may take me some time to develop a successful recipe. But once I've done
it, I will teach others the following day," he said.Wu said that he is not
afraid of sharing his knowledge with other pastry chefs, which he
described as a kind of self-cleaning process."I can start learning new
things after I return myself to zero," he said.Wu, who made a name for
himself in Kaohsiung before moving to a bakery in Taipei, said he plans to
open his own shop in Kaohsiung by the end of next month -- after an oven
arrives from Germany.The German oven will cost him about NT$1.7 million
(US$52,000), almost triple the cost of a high-end local oven, but he said
it will ensure the bread's moisture and flavor.Wu said he is not in a
hurry to open more shops in Taiwan."I need to be 100 percent sure tha t
product quality will be the same before I open a second bakery," he
said.Wu also said he has turned down many investment offers from China
because he believes only a wholly owned bakery can grant him the freedom
he needs to develop his art."I want to open a bakery with products that
taste so good people from Taipei or Taichung will take a high-speed train,
or people in China or Japan will take a flight, just to visit," he
said.(Description of Source: Taipei Taipei Times Online in English --
Website of daily English-language sister publication of Tzu-yu Shih-pao
(Liberty Times), generally supports pan-green parties and issues; URL:
http://www.taipeitimes.com)

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36) Back to Top
The Buck Should Stop With Lee
"Viewpoint" column by Kim Jin, an editorial writer and Translation by the
JoongAng Daily staff: "The Buck Should Stop With Lee" - JoongAng Daily
Online
Tuesday June 15, 2010 01:10:33 GMT
(Description of Source: Seoul JoongAng Daily Online in English -- Website
of English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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37) Back to Top
Local Tensions Keep Lid on Nation's Credit Rating - JoongAng Daily Online
Tuesday June 15, 2010 00:58:16 GMT
(JOONGANG ILBO) - Korea's credit rating has stayed relatively low compared
to the world's leading economies due to exposure to geopolitical risks,
the government said yesterday, underlining the need to more accurately
explain its economic conditions to appraisal agencies.

According to the Ministry of Strategy and Finance, Korea ranked 10th or
11th among the Group of 20 industrial and emerging countries in terms of
sovereign credit levels as of the end of May. Among the 31 countries that
are members of the Organization for Economic Cooperation and Development,
Korea came in 22nd or 23rd.The rankings vary slightly, as the three major
credit ratings agencies differ in their rating of Asia's fourth-largest
economy, the ministry said. Standard &amp; Poor's put Korea in the
sixth-highest rating level of A, while Moody's and Fitch give the nation
A1 and A-plus, the fifth-highest level in their rating systems.Among the
G-20 countries, the United States, Britain, France, Germany, Australia and
Canada hold the highest credit ratings, while Japan and Italy came next.
Korea and China were on the same level in terms of credit
ratings.(Description of Source: Seoul JoongAng Daily Online in English --
Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage; distributed as an insert
to the Seoul edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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38) Back to Top
Lawmaker Calls For Castration of Pedophiles - The Korea Times Online
Monday June 14, 2010 14:50:57 GMT
(Description of Source: Seoul The Korea Times Online in English -- Website
of The Korea Times, an independent and moderate English-language daily
published by its sister daily Hanguk Ilbo from which it often draws
articles and translates into English for publication; URL:
http://www.koreatimes.co.kr)

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source cited.Permission for use must be obtained from the copyright
holder.Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

39) Back to Top
Renault Unit to Sell New SM5 Abroad - JoongAng Daily Online
Tuesday June 15, 2010 01:25:48 GMT
(JOONGANG ILBO) - Renault Samsung Motors Co., the Korean unit of French
automaker Renault SA, said yesterday it will begin overseas sales of the
latest model of its midsize SM5 sedan this month. The vehicle, to be sold
as the Safrane or the Latitude depending on location, will be available
for purchase in some 30 countries, including China and France, beginning
at the end of the month, according to Renault Samsung.

"Through these new SM5 exports, Renault Samsung Motors will fulfill its
role as the Asian hub of the Renault-Nissan Alliance," said Cho Byung-je,
Renault Samsung's program director for mid- and large-size sedans,
referring to a partnership between his company's French parent and Japan's
Nissan Motor Co. The start of ove rseas shipments will also help improve
Renault Samsung's image as a global player, Cho added.Renault Samsung's
exports jumped 133.3 percent in May from a year earlier.(Description of
Source: Seoul JoongAng Daily Online in English -- Website of
English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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40) Back to Top
Jordan, Japan Agree Draft Nuclear Agreement
"Jordan, Japan Agree Draft Nuclear Agreement" -- Jordan Times Headline -
Jordan Times Online
Tuesday June 15, 2010 01:25:45 GMT
15 June 2010

By Taylor Luck AMMAN - Jordan and Japan on Tuesday agreed to the text
andterms of a proposed nuclear cooperation agreement (NCA), paving the way
for theKingdom to import Japanese nuclear technology. According to the
Jordan AtomicEnergy Commission (JAEC), the agreement followed a final
round of negotiationsbetween the commission and an official Japanese
delegation in the capital thisweek. The NCA is expected to be presented to
the Japanese parliament andofficially signed by the two sides by the end
of the year, the JAEC said in astatement received by The Jordan Times
yesterday. The agreement will enableJordan to consider and potentially
select ATMEA1 technology, the result of ajoint venture between Japanese
Mitsubishi Heavy Industries and French firmAREVA, for its first nuclear
reactor. Japan and France have maintained that thepressurised water
reactor technology fits the Kingdom's needs as it is not aswater intensive
as other Generation III reactor models. The 1,000-1,150megawatt (MW) model
reactor, which incorporates technology from AREVA'sEvolutionary Power
Reactor and Mitsubishi's Advanced Pressurised Water Reactor,has yet to be
built or brought online anywhere in the world. ATMEA1 was amongthree
technologies short-listed by the commission last month, along withCanadian
AECL's Enhanced CANDU 6 reactor, and the AES-92 VVER-1000 reactor
byRussian firm AtomStroyExport. As of this month, the commission and
WorleyParsons entered discussions with the three suppliers in what is
expected to bea year-long process to select the final bidder, according to
JAEC. Discussionswith vendors will initially focus on technology, and in
later phases willcentre on the financing and organisational support for
the future operation ofthe plant, the commission indicated previou sly.
The JAEC will then proceed toselect one vendor to negotiate a final
contract for the design and constructionof the plant, slated to be
established 25 kilometres outside Aqaba and severalkilometres inland. The
plant, slated to be a 1,000-MW Generation III reactorwith a closed-loop
cooling cycle, is expected to be online by the end of thedecade. JAEC
Chairman Khaled Toukan headed a delegation to Japan earlier thismonth to
finalise the terms of the agreement and to discuss the potentials
ofconstructing and operating an ATMEA1 reactor in the Kingdom, the JAEC
said inyesterday's statement. In addition to designing, building and
operating nuclearreactors, the NCA also covers the exploitation of uranium
resources, nuclearsafety and security, radiation protection and
environmental monitoring, andtreatment and management of radioactive waste
among others.Jordan has previously signed NCAs with France, Spain, China,
South Korea,Canada, Russia, the UK and Argentina.15 June 2010(Des cription
of Source: Amman Jordan Times Online in English -- Website of Jordan
Times, only Jordanian English daily known for its investigative and
analytical coverage of controversial domestic issues; sister publication
of Al-Ra'y; URL: http://www.jordantimes.com/)

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European Parliament To Adopt Resolution Condemning DPRK for Ship Sinking
Yonhap headline: "European Parliament to Adopt Resolution Condemning N.
Korea Over Ship Sinking" - Yonhap
Tuesday June 15, 2010 01:14:30 GMT
(Description of Source: Seoul Yonhap in English -- Semioffi cial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

42) Back to Top
Panama Media 14 Jun 10
For assistance with multimedia elements, contact OSC at 1-800-205-8615 or
oscinfo@rccb.osis.gov. - Panama -- OSC Summary
Monday June 14, 2010 18:42:38 GMT
The following is a selection of press highlights from the Panamanian media
on 14 Jun: Security and Law Enforcement News Contract Signed For
Construction of New Penitentiary City

- Panama City Panama America reports that after eight months of studies,
evaluations, and negotiations, Government and Justice Minister Jose Mulino
and the UM Panama consortium signed the contract. UM was the only firm
that met all of the requirements to design, build, and equip the new
penitentiary, which will be called La Nueva Joya. The project will cost
$155.5 million and it will provide first world accommodations for 5,500
inmates. UM's Sergio Marin pointed out that this will be the largest
penitentiary in Central and South America with a focus on resocialization.
The project should be completed within 36 months, and it will generate a
large number of direct and indirect jobs. (Panama City Panama America
Online in Spanish -- Right-of-center, business-oriented daily owned by
Grupo Editorial Epasa Publishing House. URL:

http://www.pa-digital.com.pa/ http://www.pa-digital.com.pa/ )

Political News Trade Unions, Environmentalists To Protest Law in Streets

- Panama City La Prensa reports that criticisms continue over the ruling
party's approval in the National Assembly of the draft draft bill on
commercial aviation which also reforms the Labor, Penal, and Judicial
Codes, and six other laws as well. Luis Moreno from the Ethics and Civic
Foundation said that the law violates the constitution. He said that
passage of the law is dangerous and shows a lack of seriousness and
respect for constitutional laws. Bar Association President Ruben Rodriguez
said that approval of the controversial law violated the laws of the
Republic, and could affect the country's economic development. The civil
society sector is also rejecting the situation. Raul Leis said that
approval of the bill is an "attack on the rule of law," and
environmentalist Raisa Banfield announced that at 1700 on 15 June, there
will be a march from the El Carmen church to Urraca park. Opposition to
the "9 in 1 law" as it is called, has reached Facebook, and in Veraguas
Province several environmental groups declared President Martinelli
persona non grata. Labor unions will hold a meeting today to decide what
actions they will implement. Meanwhile, lawmaker Alcibiades Vasquez
denounced the "unfortunate and irresponsible" remarks made by Government
Minister Mulino, who said that he has helped inmates who are relatives and
friends of lawmakers by allowing them to serve their sentences at home.
Vasquez said that Mulino must disclose the names of the lawmakers who have
received those favors. (Panama City prensa.com in Spanish -- Website of
most widely circulated daily, pro-business; URL:

http://www.prensa.com/ http://www.prensa.com/ ) Ngabe Bugle Region Loses
Autonomy

- Panama City La Prensa reports that the central government will have a
direct influence on the decisions made by the indigenous authorities in
the Ngabe Bugle region. This is the outcome of the changes made by
President Martinelli and Government Minister Mulino to the region's
Organic Charter created in August 1999. The changes, made on 2 June 2010
and pu blished in the Official Gazette on 4 June, establish that the so
called "interregional meetings of government authorities" will be part of
the general congress, while local meetings of government authorities will
be part of the region's local congress. The indigenous leaders are worried
over the term "government authorities," because the original decree only
mentioned regional authorities. Leader Bernardo Jimenez feels that the
changes are "clearly meddling" on the government's part in the regional
organizations and a violation of the law that created the region. He added
that the changes came as a surprise because the government did not
announce its intentions or consult with anyone. According to Jimenez, the
purpose of the changes is clear: to develop mining in the region. Korean
President To Attend SICA Meeting

- Panama City La Prensa reports that Vice President Juan C. Varela on 13
June confirmed that Korean President Lee Myung-bak wi ll make an official
visit to Panama on 28 June to attend the 3d Summit of Heads of State of
the Central American Integration System (SICA). Also attending will be
Italian PM Silvio Berlusconi; both leaders will participate in ceremonies
marking the beginning of excavations for the third set of locks in the
Panama canal.

Economic News New Internet Portal Created for Colon Free Zone

- Panama City Capital reports that the Instrucontrol Group, a
technological company with more than 20 years on the market, has
officially launched its most recent development, a new Internet portal for
businessmen and clients of the Colon Free Zone (ZLC), dubbed:
mercadozonalibre.com. It is a new trade portal in which products and
services will be traded "business to business" by electronic means, and
its goal is to promote the ZLC on the Latin American market. The ZLC is
considered a privileged place for international trade because it is
accessible thanks to its diversity of maritime and transportation routes.
With this new portal it will have a competitive advantage that will allow
it to continue strengthening its position as one of the leading free zones
in the world. (Panama City Capital.com.pa. in Spanish -- Website of Panama
City edition of business and technology weekly owned by Prensa Economica,
S.A., based in San Jose, Costa Rica; URL:

http://panama.capital.com.pa/ http://panama.capital.com.pa ) SocGen
Considers Withdrawing from Panama

-- Panama City Capital reports that just when the three leading risk
classifiers in the world have granted Panama investment status, the
Societe Generale bank (SocGen) has informed the Panamanian authorities
through a letter addressed to the Superintendence of Banks (SBP), that it
might cease operations in the country because Panama remains on the French
and OECD (Organization for Economic Cooperation and Development) black
lists of fiscal paradises. The news came as a bucket of cold water for
Economy Minister Alberto Vallarino, who immediately convened SocGen's
local representatives to a meeting at the SBP to request an explanation
and to remind them that Panama has just completed negotiations with France
to sign a treaty to avoid double taxation, which will be officially signed
in September, at which time Panama will be removed from the black list.
Vallarino told SocGen's representatives that if they want to leave, not to
use the black list as the cause because it would not be fair to Panama.
SocGen representatives declined to inform Capital of their reasons for
leaving or whether they would reconsider. Panama Railroad Breaking Records
This Year

- Panama City Capital reports that during the first four months of 2010,
the Panama railroad has broken all of its container movement records,
including those of its best year - 2008. Panama Canal Railway Company
(PCRC) President Thomas Kenna has predicted that by year's end, 325,000
containers will have been mobilized, up from the 250,000 reported in 2009.
Kenna said that at the beginning of the year the shipping companies
behaved in a conservative and negative manner. At present, however, the
PCRC's clients are requesting more space and asking if the company is
prepared to deal with the demand. Kenna says that they have changed their
negative tone and recovered confidence. He added that the railroad has a
fairly large capacity, but the problem is the interaction between the
railroad terminals and the ports. "If we can unload at the ports quickly
and receive new cargo our capacity increases, but when the ports are
congested and they cannot find the containers to dispatch to the railroad,
things change," he said. Japanese Bank Making Loan to ACP for FY-2011

- Panama City Capital reports that the Panama Canal Authority (ACP) has
only used $300 million of the $2.3 billion approved by various
international financial institutions to pay for the canal expansion proje
ct, but it already has plans to spend approximately $600 million more,
probably from the Japanese International Cooperation Bank (JBIC), to cover
the project's needs during Fiscal Year 2011. The ACP's Francisco Miguez
says that it is not obligatory to use all of the loans received, and that
the canal's policy is to first use loans from banks offering the lowest
interest rates. The canal authorities have disclosed that the expansion
project is moving forward within its budget, with more than 97% of its
contracts adjudicated. According to the ACP, if more funds are required,
they can come from the project's contingency fund. Korean Mission Meets
With Local Businessmen

- Panama City La Prensa reports that approximately 70 Panamanian
businessmen met with representatives from 10 Korean firms who visited
Panama for the purpose of expanding their presence in the region. This was
the third such mission by Koreans this year, including their participation
in Expocomer. Among t he Korean firms were manufacturers of sheet metal,
counterfeit detectors, steel fiber to strengthen concrete, and raw
material for the fabrication of plastics. Three more Korean business
missions are expected before year's end. Other News

No file worthy items were noted.

The following media were scanned and no file worthy items were noted:

(Panama City La Estrella Online in Spanish -- Privately owned
independent-centrist daily; URL:

http://www.laestrella.com.pa/ http://www.laestrella.com.pa )

(Panama City Presidency of the Republic of Panama Online in Spanish --
Official website of the Presidency of the Republic of Panama; URL:

http://www.presidencia.gob.pa/ http://www.presidencia.gob.pa )

(Panama City Ministry of Foreign Relations Online in Spanish -- Official
website of the Panamanian Foreign Relations Ministry; URL:

http://www.mire.gob.pa/ http://www.mire.gob.pa/ )

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43) Back to Top
North Korea Airs Pirate World Cup Footage - The Daily NK
Monday June 14, 2010 09:41:45 GMT
(THE DAILY NK) - North Korea aired footage of the opening game of the
World Cup this weekend, in violation of the fact that it has no legal
right to do so following its failure to reach agreement with the exclusive
rights holder to the tournament for the entire Korean Peninsula.

Footage of the game between South Africa, the hosts, and Mexico was shown
on Chosun Central Television on Saturday, the day after it happened. North
Korea, when it shows football games on television at all, does not
broadcast them live.The broadcasting rights to the tournament are held by
South Korean broadcaster SBS, which was unable to reach agreement with the
North Korean authorities on legal provision of the footage before the
tournament began partly as a result of North Korean reticence to allow SBS
to film North Korean fans reacting to the tournament.Responding to the
news of illegal broadcasting, an SBS official said, "The North's broadcast
was unauthorized, as we have the broadcasting rights for the entire Korean
Peninsula. We will decide how to proceed after we discover how North Korea
secured the footage."However, the footage was displayed in a letterbox
format, allowing for the original broadcaster's logo to be removed from
the top right corner of the screen and making it hard to legally establish
its origin.On Sunday, the North also broadcast highlights of the matches
between Uruguay and France, and Argentina and Nigeria, but, predictably,
did not show South Korea's convinc ing win over Greece.It remains to be
seen whether the North Korean people will get a chance to see their own
team in the tournament, legally or otherwise. North Korea, the weakest
team in the tournament at 105th in FIFA rankings, plays one of the
tournament favorites, Brazil, in Johannesburg tomorrow.(Description of
Source: Seoul The Daily NK in English -- English website of "The Daily
NK," which specializes in North Korean affairs and is generally critical
of the North, published by NGOs such as the Network for North Korean
Democracy and Human Rights that is run by North Korean defectors; URL:
http://www.dailynk.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

44) Back to Top
Renau lt Samsung to Begin Export of New SM5 Sedan - Yonhap
Monday June 14, 2010 01:38:11 GMT
Renault Samsung to begin export of new SM5 sedan

SEOUL, June 14 (Yonhap) -- Renault Samsung Motors Co., the South Korean
unit of French automaker Renault SA, said Monday it will begin overseas
sales of the latest model of its mid-size SM5 sedan this month.The
vehicle, to be sold as the Safrane or the Latitude, will be available for
purchase in some 30 countries, including China and France, beginning at
the end of the month, according to Renault Samsung."Through these new SM5
exports, Renault Samsung Motors will fulfill its role as the Asian Hub of
the Renault-Nissan Alliance," said Cho Byung-je, Renault Samsung's program
director for mid- and large-size sedans, referring to a partnership
between his company's French parent and Japan's Nissan Motor Co.The start
of overseas shipments wi ll also help improve Renault Samsung's image as a
global player, Cho added.Renault Samsung's exports jumped 133.3 percent
from a year earlier to 22,454 units in May.

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S. Korea's Credit Rating Remains Relatively Low Among G20 Nations - Yonhap
Monday June 14, 2010 00:37:50 GMT
S. Korea's credit rating remains relatively low among G20 nations

SEOUL, June 14 (Yonhap) -- South Korea's credit rating stays relatively
low among the world's leading economies due to exposure to geopolitical
risks, the government said Monday, underlining the need to more accurately
explain its economic conditions to appraisal agencies.According to the
Ministry of Strategy and Finance, South Korea ranked 10th or 11th among
the Group of 20 industrial and emerging countries in terms of sovereign
credit levels as of the end of May. Among the Organization for Economic
Cooperation and Development, South Korea came in 22nd or 23rd of its 31
member countries.The rankings vary slightly as three major credit ratings
agencies differ in their rating of Asia's fourth-largest economy, the
ministry explained. Standard &amp; Poor's holds South Korea at the
sixth-highest A, while Moody's and Fitch give the nation A1 and A plus,
the fifth-highest level of their rating systems.Among the G20 countries,
the United States, Britain, France, Germany, Australia and Canada hold the
highest credit ratings, while Japan and Italy came next, the ministry
said. Korea and China were in the same level in terms of credit ratings.Of
the OECD countries, South Korea's rating stayed on par with such Eastern
European countries as the Czech Republic and Slovakia. Especially, Moody's
gives the highest rating of Aaa to Spain, one of the major European
countries suffering from national debt trouble.The comparison comes as
some experts here are taking issue with credit ratings given to South
Korea, claiming that they do not seem to reflect the nation's accurate
economic fundamentals. Most agencies cite North Korea as a main reason for
hesitating to raise credit levels for South Korea."Credit companies do not
seem to give the right appraisal to South Korea," a government official
said. "We are still working hard to explain our accurate economic
conditions to those agencies and remove any misunderstanding as their
appraisal is very important to such open economies as ours."

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46) Back to Top
Making Our Schools Safe - JoongAng Daily Online
Monday June 14, 2010 00:37:42 GMT
(JOONGANG ILBO) - Even schools are no longer safe havens for our children.

A sexual predator recently cruised onto an elementary school playground in
broad daylight and snatched a girl, dragging her away to commit a terrible
sexual offense.School campuses can easily be breached because they are
open to outsiders and there is a lack of surveillance.Today, doors to main
school buildings are left wide open during the day as well as after
classes have ended. As a result, school grounds have become increasingly
vulnerable to a host of crimes ranging from light offenses to major
felonies.In Seoul, nearly 90 percent o f the city's roughly 2,000
elementary, middle and high schools keep their campuses open to outsiders.
Many have even removed the tall walls that once surrounded their
perimeters in an attempt to provide locals in the neighborhood with free
access to school facilities.But school campuses in Korea have now become
breeding grounds for gang fights, littering and booze-fueled parties.In
this context, we believe that the current policies of maintaining open
school grounds can undermine safety and the learning activities of
students.In May of last year, for instance, a man in his 20s suffering a
mental illness walked into a girls' high school classroom during and after
school hours, scaring students inside.Over the past year, police have
received reports of three attempts of sexual abuse on school grounds. To
protect schools and students from outside dangers, there must be some
limits to accessing school zones.Outsiders who aren't tied to school
activities should not be able to fre ely enter schools, and time limits
should be imposed on the use of playgrounds after classes end.In the
United States and Britain, many schools bar outsiders - including parents
- from entering school grounds without an appointment. Japan also employs
such a system. In France, schools only open their doors to outsiders for
20 minutes before and after classes.In Korea, the administration councils
of each school should be allowed to decide what kind of restrictions
should be put on school access, depending on their individual needs.The
Korean Federation of Teachers' Associations has already filed a petition
with a Grand National Party lawmaker for a bill that would give teachers
the power to protect their schools via various methods, including limiting
outsider access.It's time for the National Assembly to take swift action
on this issue.(Description of Source: Seoul JoongAng Daily Online in
English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

47) Back to Top
BIS Supports Korea's Views on Currency Swaps - JoongAng Daily Online
Tuesday June 15, 2010 00:47:10 GMT
(JOONGANG ILBO) - When Korea is faced with a severe dollar shortage in the
local swap market, currency swap deals with other central banks have a far
stronger effect than using its own foreign reserves, a Bank for In
ternational Settlements report found yesterday.

Since late 2008, the country's central bank provided billions of dollars
to local banks out of its foreign reserves while supplying another
billions of dollars using a currency swap line formed with the U.S.
Federal Reserve.But the effect from supplying dollars using the credit
line with the U.S. Fed was more powerful because it "enhanced market
confidence more effectively because they were adding to Korea's foreign
reserves," the report said.The report by the BIS came as Korea, the host
of the G-20 Summit in November 2010, has proposed global safety nets such
as an institutionalized web of currency swap lines between central
banks."Even though building up a large amount of foreign reserves has
certain merits as self-insurance, once a country faces a foreign liquidity
run, swap lines with other central banks can have a powerful effect of
complementing the use of foreign reserves and thus stopping the run,&
quot; it added.The report also came hours after Korea announced
long-anticipated currency controls, saying it aimed to curb rapid shifts
in capital flows that were linked to short-term foreign debt and posed a
risk to the world's ninth-biggest exporter.Korea is exposed more to market
gyrations because of its heavy foreign short-term debt, which amounts to
some 60 percent of its foreign reserves - nearly twice the ratio in
Indonesia or Malaysia.(Description of Source: Seoul JoongAng Daily Online
in English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regar ding use may be directed to NTIS, US Dept. of
Commerce.

48) Back to Top
Market Share of Hyundai Motor India Unit Falls For 2 Consecutive Months -
MK English News Online
Tuesday June 15, 2010 02:41:01 GMT
(MAEIL KYONGJE) - The market share of Hyundai Motor in the Indian
automobile market was found to have fallen to the lowest as of May in
2010, according to Hyundai Motor's India unit. Hyundai Motor India
suffered from labor strikes recently.

According to sources from the Korea Automotive Research Institute and the
industry, Hyundai Motor India sold approximately 27,000 units in the local
market in May taking a 18.2% market share. The figure has dropped nearly
15.5% compared to the same period last year, but in comparison to the
pervious month, the sales declined by 2,000 unit s or lost 1.6% point of
the market share.Accordingly, the market share of Hyundai Motor India has
registered the lowest as of May in 2010 maintaining the downward trend for
two straight months after the market share shrank to 19.8% in April from
20.1% to 20.3% as of the period from January to March.Meanwhile, the
India's leading automaker Maruti Suzuki, one of the rivals of Hyundai
Motor's India unit, posted a record high of 51.1% market share in May, and
widened the gap from the second runner, Hyundai Motor. The Indian-based
Tata Motors (12.5%), Ford (5.3%), GM (4.5%) and Honda (2.7%) followed
Hyundai Motor.(Description of Source: Seoul MK English News Online in
English -- Website of the English subsite of the leading economic daily
Maeil Kyo'ngje (Daily Economy) published by "Maeil Business Newspaper
&amp; MK Inc."; URL: http://news.mk.co.kr/english/)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

49) Back to Top
Hyundai Motor's Indian Sales Slip For 2nd Month - Yonhap
Tuesday June 15, 2010 01:52:02 GMT
Hyundai Motor-India sales

Hyundai Motor's Indian sales slip for 2nd monthSEOUL, June 15 (Yonhap) --
Hyundai Motor Co., South Korea's leading automaker, saw its sales in India
fall for the second straight month in May, industry sources said
Tuesday.Hyundai Motor sold around 27,000 vehicles last month, accounting
for 18.2 percent of the Indian market, according to the sources.The South
Korean automaker sold around 29,000 units in April this year, and its
market share stood at 19.8 percent, they said. Its market share hovered
over 20 percent in the first thr ee months of the year.Hyundai Motor is
the No. 2 brand in the fast-growing Indian market, competing with No. 1
player Maruti Suzuki whose market share reached 51.1 percent in May.A
three-day strike at Hyundai Motor's India plant ended on Wednesday as the
unit agreed to reconsider the termination of workers.Production at Hyundai
Motor's India plant has been halted for two days as striking workers
occupied part of the plant. The halt in production resulted in a loss of
3,500 cars.Hyundai's India plant produces cars for both local and overseas
markets and employs around 10,000 people.(Description of Source: Seoul
Yonhap in English -- Semiofficial news agency of the ROK; URL:
http://english.yonhapnews.co.kr)

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Red Specter Still Haunts The South
"Viewpoint" column by Lee Woo-keun, a partner at Hwang Mok Park, P.C., and
the former head of the Seoul Central District Court and Translation by the
JoongAng Daily staff: "Red Specter Still Haunts The South" - JoongAng
Daily Online
Tuesday June 15, 2010 00:58:16 GMT
(JOONGANG ILBO) - We have no future if our young people are so eager to
choose peaceful surrender rather than a fight for their freedom.

'A specter is haunting Europe - the specter of Communism." So begins the
Communist Manifesto, aimed at propagating the Socialist movement. "The
proletarians have nothing to lose but their chains. They have a world to
win. Proletarians of all countries, unite!"When the theorists Karl Marx
and Friedrich Engels, then in their late 20s, sat do wn in a corner of
Europe and wrote this pamphlet of less than 40 pages dissecting the
problems of capitalism and explaining the theory of communism, they surely
could never have imagined the power their words would have to turn the
subsequent century into a bloodbath of ideological war and revolution.A
new century has dawned, and the legacy of bloodstained vandalism led by
ruthless Communist leaders Mao Zedong and Joseph Stalin perished long ago.
Lost was freedom, leaving the people of Socialist societies still chained
by tyranny and deprivation.Yet the ancient and ailing specter lingers,
haunting the 21st-century Korean Peninsula - in the cold hills of North
Korea and in less obvious forms here in South Korea."We declare Joseon an
independent state and our people a self-reliant race," reads the March 1
Declaration of Independence against the Japanese colonial occupation. The
extreme nationalists who adopt an attitude of self-righteous isolation and
fail to realize their self-contained identity need to remember the
resonant cries of our ancestors. There they would find no traces of
servile capitulation to superpowers or narrow-minded insistence on our own
ways.The self-proclaimed crusaders of justice, engrossed in digging up the
wrongdoings of the past with no concern for today's duty and tomorrow's
vision, should go back and reflect on the final words of the declaration.
Our ancestors fighting for our people's liberty repressed their anger
against the incompetent leaders and elites who sold out their country to
Japan and instead urged the people to stand united and unwavering in their
strong march toward the light of the future.Legendary military strategist
Zhuge Liang from China's Three Kingdoms period, in a letter describing his
reasons for pursuing a "northern expedition" despite successive failures,
wrote, "Your highness has commanded me to strike at the enemy because a
country cannot coexist with enemy forces, and the royal mission cannot be
shelved in a corner."The statesman, trying to fulfill the dying wishes of
his king for unification, "could neither sleep nor eat comfortably" with
the burden of such a historic mission. He vowed "to bend my body to
squeeze out all my effort until death stops my labor."Even a wise
strategist like Zhuge Liang devoted his life to the security and
unification of his beloved country.We live today facing the even greater
threat of nuclear weapons. The month has come for the 60th anniversary of
the war that split our country and people in half, bringing many chilling
memories rushing back. We too long for the peaceful days when we can beat
our swords into plowshares and our spears into pruning hooks, to
paraphrase Isaiah. Yet we cannot put down our swords and spears as long as
there are forces in the North firing torpedoes at our young men.Benjamin
Franklin said there was never a good war or a bad peace. But a battle to
defend t he country and its peaceful sustainability is not a problem of
good or bad, but a necessary aberration. Because of this aberration, we
have to send our sons to the military and pay hefty defense costs.If we
fear the aberration, we will have to kneel down before a nuclear threat
and plead for peace or let others rob us to provide security on our
behalf. That would not be a fight for peace, but a renunciation. Silence
in a graveyard cannot be considered peaceful. Those advocating such a
peace are deceiv ing the public with their calls for freedom and
progress.The future of our nation is now in the hands of a generation who
learned about the pain of tyranny and deprivation from books. We have
failed in educating our young, who are even now shaping our future, if
they are swayed by menacing threats to choose between peace and war and
eschew the more serious choice between freedom and submission. We will
have no future if our young people shrink at the bluff of a warmonger to
tur n our capital into a "sea of fire," or if they give up on defending
their own freedom for the more immediate comfort of surrender.The historic
declarations that influenced a country and a race began exceptionally and
ended without cliche. They were the blood of noble souls, with the power
to resonate and awaken other souls. The paradox of the Communist
Manifesto, the progressive resistance to the Declaration of Independence
and the loyal words of Zhuge Liang should ring loudly in our hearts as we
pay our respects to the veterans who fought for this country during this
month of memorial.(Description of Source: Seoul JoongAng Daily Online in
English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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3 Koreans Face Drug Charges in China - JoongAng Daily Online
Tuesday June 15, 2010 00:52:13 GMT
(JOONGANG ILBO) - Three South Koreans face drug charges that could bring
the death penalty in China, after allegedly trying to sell a massive
amount of methamphetamine, according to Seoul government sources.

The trio - two men in their 40s and a third in his 60s - were recently
arrested in China's Yanbian region, bordering North Korea, a narcotics hot
spot that has seen more than 900 people arrested on drug charges in the
last year alone. Officials at the Ko rean consulate in Yanbian said
Chinese police caught the men trying to sell 4.5 kilograms (10 pounds) of
meth, and one of them was charged with holding an additional batch of 5.7
kilograms.Possession of more than one kilogram of methamphetamine or
heroin carries the possibility of a death sentence in China. In April, the
country executed four Japanese drug dealers, and 90 of the 239 South
Koreans serving drug-related jail terms overseas as of March are
imprisoned in China, according to the National Police Agency and National
Intelligence Service.And many of them are arrested in Yanbian, the home of
more than 800,000 ethnic Koreans and also China's largest center of drug
trafficking.A large part of the drugs traded in the region are produced in
the bordering North Korean province of Hamgyeong, and brought to China by
ethnic Koreans living in the area. Ephedrine hydrochloride is manufactured
in several areas of Yanbian, then brought to North Korea to be cooked into
methampheta mine, then the finished product is returned to China for sale,
national intelligence officials said.This triangular trade is often funded
by South Koreans, intelligence officials here say, making Korean-speakers
targets for China's drug investigators.The three South Koreans who were
caught this time also have histories of drug-related charges at home as
well."They are most likely to have entered China for drug trading," said
one Seoul government official. "But we see a growing number of
previously-clean South Koreans being involved in drug trading after their
businesses flopped."The official said he interviewed a South Korean man
jailed in China for drug trading, who used to run a restaurant in Chengdu,
Sichuan. The massive earthquake in 2008 destroyed his business and
livelihood, and he said he was approached by ethnic Koreans in China to
take part in drug trading.According to the South Korean prisoner, North
Koreans charge about 150 to 200 yuan ($22 to $29) per gram of drug to
ethnic Koreans working as middlemen, who resell it with a profit margin of
200 to 400 percent. The more intense the government crackdown is, the
pricier the drug becomes.Chinese courts have so far shown little mercy to
drug traffickers. The four Japanese drug dealers who were executed in
April were caught trading only 1.25 to 5 kilograms of drug, and a South
Korean surnamed Shin was also put to death in October 2001.(Description of
Source: Seoul JoongAng Daily Online in English -- Website of
English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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Songshan-Hongqiao Direct Flight Services Launched
Article by Class='subhead'&gt;by Shelley Shan And Ko Shu-ling from the
"Front" page: "Songshan-Hongqiao Direct Flight Services Launched" - Taipei
Times Online
Tuesday June 15, 2010 00:42:07 GMT
By Shelley Shan and Ko Shu-ling

STAFF REPORTERSTuesday, Jun 15, 2010, Page 1

Direct flight services between Taipei Songshan Airport and Shanghai
Hongqiao Airport were officially launched yesterday, with many passengers
complaining that the tickets were too expensive.

The nation's first flight to Hongqiao was made by China Airlines (CAL, ),
which left at 8:45am. The Boeing-737 aircraft carried mostly officials
from the Taipei Ci ty Government and the Ministry of Transportation and
Communications, as well as lawmakers serving on the legislature's
Transportation Committee.Flights by TransAsia Airways and EVA Airways
(EVA, ) also took off at 1pm and 1:15pm respectively. All three flights
from Taiwan had an average passenger occupancy of about 80 percent.A
flight from China Eastern Airlines was the first and the only flight
departing from Hongqiao yesterday.CAL and EVA held inauguration ceremonies
at Songshan to celebrate the historic moment.Civil Aeronautics
Administration (CAA) Director-General Lee Lung-wen thanked Taipei Mayor
Hau Lung-bin in a speech at the ceremony, as Hau was the first to mention
that both sides should aim for the launch of the Songshan-Hongqiao route
by June 14."Both Songshan and Hongqiao are city airports and the direct
flight service between these two airports also expands Songshan's function
as a business airport," Lee said. "Commuting between Taipei and Shangha i
within a day has now come true."Lee told reporters after the ceremony that
the CAA would monitor the flight service for a month and would use the
information collected as a reference for cross-straight negotiations in
October."Now, those heading to Shanghai from Taipei can save at least two
hours, one hour to (Taiwan) Taoyuan International Airport and one hour to
downtown Shanghai," Lee said.A total of 14 round-trip flights are now
offered between Songshan and Hongqiao. Thirty-six other round-trip
services will be distributed among local carriers, but a detailed plan has
yet to be worked out and will not be implemented until July 5.The majority
of flights to Shanghai continue to be operated from Taiwan Taoyuan
International Airport and Shanghai Pudong Airport.Expecting an increase in
demand, CAL and EVA have said they planned to rent several Airbus 330
aircraft to accommodate more passengers when construction work on runways
at Songshan is completed in Octob er.At present, airlines can only use
smaller model aircraft, such as Boeing 737s, which can carry about 150
passengers.An Airbus 330-300 model aircraft would enable airliners to
carry up to 335 passengers at a time.Many passengers yesterday said
tickets for the Songshan-Hongqiao flight were far too expensive. Some
Chinese tourists also complained about the poor facilities at Songshan
Airport.Taiwanese entrepreneur Chang Hsiu-wan returned to Taiwan yesterday
with her family to the celebrate Dragon Boat Festival."A business-class
ticket costs 7,000 yuan (NT$1,024), which is about the same amount you pay
from Taiwan to the US," Chang said. "Economy class costs about NT$4,500.
The tickets are too expensive," she said.Hau left for Shanghai yesterday
to mark the launch of direct flights between the two cities.Hau, who left
for "Taipei Culture Week" at the Shanghai World Expo, said the direct
flight service was the first step in the "golden decade " envisioned by
President Ma Ying-jeou."It was my campaign promise to have direct flights
between Songshan and Hongqiao airports, but this promise did not receive
any positive response under the (then) Democratic Progressive Party (DPP)
administration," he said. "Now the dream has come true following the
change of government."Hau added that direct flights between Songshan and
Japan's Tokyo-Haneda Airport are scheduled to begin in October.With South
Korea's Gimpo International Airport joining the service route, Hau said
the four cities -- Taipei, Hongqiao, Haneda and Gimpo -- would form a
"one-day living circle" where air travel would be easier and travel time
significantly reduced.That would bound to attract international businesses
to set up their operations in Taipei, he said.(Description of Source:
Taipei Taipei Times Online in English -- Website of daily English-language
sister publication of Tzu-yu Shih-pao (Liberty Times), generally s upports
pan-green parties and issues; URL: http://www.taipeitimes.com)

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End Sejong City Dispute - Dong-A Ilbo Online
Tuesday June 15, 2010 00:47:09 GMT
(DONG-A ILBO) - President Lee Myung-bak in a speech to the nation Monday
asked the National Assembly to decide on the revised Sejong City project,
saying, "I can no longer afford to see the nation divided over the matter
with regional and political conflict intensifying." He added, "If the
National Assembly votes on the revision in the ongoing session, the
government will respect th e outcome."

Many still warn that the original blueprint for Sejong City stems from
political populism that will undermine national competitiveness and
administrative efficiency. In his 2002 presidential campaign, candidate
Roh Moo-hyun hurriedly pledged to move the administrative capital to win
votes in the Chungcheong province. After winning the election, he admitted
that the pledge greatly helped him gain support in the region. When the
Constitutional Court ruled the transfer of administrative capital
unconstitutional, the Roh administration quickly came up with measures to
divide the central government. The ruling Grand National Party's
leadership agreed to the plan despite intense internal conflict back then.
That is how the original blueprint came into being. In contrast, China and
Japan, both of which have larger territory and populations, have central
ministries in their respective capitals of Beijing and Tokyo. Both
countries are free from any attempts to divide up their administrative
capitals, and this has many implications for Korea.

With the ruling party's devastating defeat in the June 2 local elections,
the Lee Myung-bak administration has de facto lost momentum for the
revised plan, which in this newspaper's view is a rational alternative to
pursue regional development and promote the nation's future. Nevertheless,
the government ran into a brick wall of political opposition due to lack
of strategy and communication skills. Since it can only prove that its
administrative policies are viable only through their success, it needs
heavy soul searching over its unprepared and complacent approach to the
revision from A-Z.

The National Assembly should finally end the dispute and stop wasting
national resources over the revision submitted by the government in March
by voting on five relevant bills in the ongoing session. Given the
political dynamics within both the ruling and opposition parties over the
matter, the main opposition party has no reason to say no if ruling party
members votes free of the party's policy.

Former Grand National Party Chairwoman Park Geun-hye reacted positively to
putting the bills to parliamentary vote while the opposition demanded that
the government withdraw the revision altogether. Given that the opposition
could push ahead with the original plan in the National Assembly vote,
such a move is highly likely to face criticism as a politically motivated
attempt to instigate confusion and gain benefits. A responsible party
should make its vote fair and square in the National Assembly and help end
the dispute over the issue. Dividing up the administrative capital might
bring devastating consequences, so identifying who voted for and against
the revision is needed for the record.

(Description of Source: Seoul Dong-A Ilbo Online in English -- English
website carrying English summaries and full translation of vernacular hard
copy items of the sec ond-oldest major ROK daily Dong-A Ilbo, which is
conservative in editorial orientation -- generally pro-US, anti-North
Korea; URL: http://english.donga.com)

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Pvc, Pp, Machine Tools Fail To Make Early Harvest List With China
By Lin Shu-yuan, Chang Chun-mao and Maubo Chang - Central News Agency
Monday June 14, 2010 14:50:41 GMT
Taipei, June 14 (CNA) -- Polyvinyl chloride (PVC) , polypropylene (PP),
and machine tools failed to make the "early harvest" list of a proposed
trade pact between Taiwan and China, leaving Taiwan short of its ta rget
of items to receive preferential tariff treatment under the deal.

Taiwan had hoped to include products with an annual export value to China
of US$13.6 billion on the early harvest list of an economic cooperation
framework agreement (ECFA).But the 500 items reportedly included on the
list after the conclusion of the third round of ECFA negotiations in
Beijing on Sunday fall short of the goal because of the exclusion of the
three important export items.A government official, speaking on condition
of anonymity, said Monday that the government will try to add PVC, PP, and
machine tools to the list to achieve the goal, most likely in last minute
talks before finalizing the agreement instead of in a fourth round of
bilateral negotiations.The content of the early harvest list has been
closely guarded throughout the negotiations, but some details emerged
after Sunday's talks.Vehicles were another item excluded from the list,
which local media described as "surprisin g."But officials said Taiwan did
not insist on including vehicles from the early stages of the talks as few
locally made cars are made entirely with domestic parts, aside from
Yulon's Luxgen brand.Local businessmen, however, were disappointed with
the exclusion of PVC, PP and machine tools.As a leading global producer of
PP, Taiwan is worried that it could be put at a disadvantage in China's
market as Beijing has already agreed to import PP duty free from Singapore
under its trade pact with the Association of Southeast Asian Nations
(ASEAN).Government sources said Beijing didn't agree to put PP on the list
because Taiwan's PP is more competitive than that of Singapore and would
pose a greater threat to China's domestic PP producers.Taiwan's machine
tools were another globally competitive sector excluded from the early
harvest list.Instead, China agreed to include the categories "industrial
machinery" and "machine components".Different from the low-en d machine
tools made in China, Taiwan's machine tools do not compete head on with
Chinese products, but China still balked at giving Taiwan's machine tools
preferential tariff treatment to protect domestic producers.Meanwhile,
several leading local machine tool producers said they will continue to
hope for the best before the agreement is finalized but will prepare for
the worst.Enid Tsai, president of Taichung-based Hiwin Technologies, said
she was surprised by the exclusion of machine tools but is not pessimistic
about the sector's prospects as local machine tool producers can diversify
their markets to cushion the impact."Whether our products make the early
harvest list or not, we have to improve our technologies to compete with
our counterparts in South Korea and Japan anyway," Tsai said."We would
risk our own survival if we rely too much on our easy access to the
Chinese market for growth but overlook the necessity of improving our
technology."Becaus e China has not yet concluded a free trade pact with
either South Korea or Japan, one executive of another local machine tool
producer said the exclusion of machine tools from the early harvest list
was regrettable but not lethal to the sector.Another executive, with
Hsinchu-based Awea Mechtronic Co., a maker of C-frame vertical milling
machines and other CNC machining centers, said China's refusal to give
Taiwan's machine tools preferential tariff treatment was understandable,
as Taiwan's machine tools are superior to those made in China and
constitute a threat."Tariff-free status would help us grab a greater share
of the Chinese market, but we will not relax out efforts to develop the
world market with or without the preferential treatment in China, " the
executive said.(Description of Source: Taipei Central News Agency in
English -- "Central News Agency (CNA)," Taiwan's major state-run press
agency; generally favors ruling administration in its coverag e of
domestic and international affairs; URL: http://www.cna.com.tw)

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Defending June 15 Declaration Only Way to Avert War: N. Korea - Yonhap
Monday June 14, 2010 14:46:15 GMT
Defending June 15 declaration only way to avert war: N. Korea

SEOUL, June 14 (Yonhap) -- North Korea claimed Monday that defending and
implementing the inter-Korean joint declaration of June 15, 2000 is the
only way of avoiding an all-out war on the Korean Peninsula."The situation
on the Korean Peninsula is so tense that an accidental single gun shot may
trigger of f an all-out war," Yang Hyong-Sop, vice president of the
Presidium of the Supreme People's Assembly, asserted in a report at a
meeting held to celebrate the 10th anniversary of the inter-Korean joint
declaration in Pyongyang."Defending the inter-Korean joint declaration and
thoroughly implementing it is the only way of settling the grave situation
created due to the reckless moves of the anti-reunification forces to
provoke a war," Yang was quoted as saying by the North's official Korean
Central News Agency."The puppet conservative group (in the south) would be
well advised to stop behaving recklessly, mindful that it will face a
merciless punishment by the DPRK and have to pay a dear price if it shows
any slightest move for 'punishment' and 'retaliation' in league with
foreign forces," he said, adding that "U.S. and Japanese reactionaries
should stop at once all the hostile acts against the DPRK." DPRK stands
for the Democratic People's Re public of Korea, the North's official
name.Yang referred to international efforts to sanction North Korea for
its torpedo attack on a South Korean Naval ship in March that killed 46
sailors.North Korea has been denying its involvement in the sinking and
threatened Friday an "all-out war" if it is punished or sanctioned.

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National Meeting Marks 10th Anniversary of June 15 Joint Declaration -
KCNA
Monday June 14, 2010 10:13:11 GMT
National Meeting Marks 10th Anniversary of June 15 Joint Declaration

Pyongyang, June 14 (KCNA) -- A nati onal meeting was held at the People's
Palace of Culture Monday to mark the 10th anniversary of the publication
of the June 15 joint declaration.Attending it were senior party and state
officials, the chairpersons of the friendly parties, officials of social
organizations, ministries and national institutions and in the fields of
science, education, culture and arts, public health and media, members of
the North Side Committee for Implementing the June 15 Joint Declaration,
the North Headquarters of the Pan-national Alliance for Korea's
Reunification and the Pan-national Alliance of Youth and Students for
Korea's Reunification, working people and youth and students inPyongyang,
the chief of the Pyongyang mission of the Anti-Imperialist National
Democratic Front and Rev. Han Sang Ryol, a pro-reunification figure of
South Korea, and overseas compatriots.Present on invitation were
diplomatic envoys of different countries, members of military attaches
corps and representatives of international organizations here.Yang Hyong
Sop (Yang Hyo'ng-so'p), alternate member of the Political Bureau of the
Central Committee of the Workers' Party of Korea and vice-president of the
Presidium of the Supreme People's Assembly, recalled in his report
delivered at the meeting that a north-south summit was held for the first
time in 55 years since the division of the Korean nation and the June 15
North-South Joint Declaration the keynote of which is "By our nation
itself" was published, stressing that this marked a great event recorded
in the national history as it brought about a new historic turn in
accomplishing the Koreans' cause of independent reunification.The reporter
went on: Guided by the idea of "By our nation itself" clarified by leader
Kim Jong Il, all the Koreans in the north and the south and overseas
independently solved all the issues in line with the requirements and
interests common to the nation, thus bringing about eye-opening ev ents
unimaginable in the past.This was a striking demonstration of the validity
and tremendous vitality, scientific accuracy and truth of the idea of "By
our nation itself" clarified by Kim Jong Il (Kim Cho'ng-il), looking far
into the future with his profound thinking and outstanding
far-sightedness.The situation on the Korean Peninsula is so tense that an
accidental single gun shot may trigger off an all-out war.Defending the
inter-Korean joint declaration and thoroughly implementing it is the only
way of settling the grave situation created due to the reckless moves of
the anti-reunification forces to provoke a war.The puppet conservative
group would be well advised to stop behaving recklessly, mindful that it
will face a merciless punishment by the DPRK and have to pay a dear price
if it shows any slightest move for "punishment" and "retaliation" in
league with foreign forces.The U.S. and the Japanese reactionaries should
stop at once all th e hostile acts against the DPRK, properly
understanding the burning hatred of the servicepersons and people and
their strong resolution to wipe out the enemies.The reporter underlined
the need for all the Koreans in the north and the south and overseas to
wage a more dynamic struggle to frustrate the reckless moves of the U.S.
imperialists and the puppet group to provoke a war and achieve the
independent peaceful reunification of the country under the banner of "By
our nation itself" with firm conviction and optimism about a rosy future
of a reunified country.(Description of Source: Pyongyang KCNA in English
-- Official DPRK news agency. URL:
http://www.kcna.co.jp)Attachments:e6-14-611-13--doc.txt

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DPRK 'National Meeting' Marks 10th Anniversary of 15 June Joint
Declaration
Updated version: Upgrading precedence and providing DPRK media behavior
note in subslug; Pyongyang Korean Central Broadcasting Station in Korean
broadcast the following at 0900 GMT and Pyongyang Korean Central
Television Station in Korean carries the following at 1000 GMT, as noted
in KPP20100614021001; KCNA headline: "National Meeting Marks 10th
Anniversary of June 15 Joint Declaration" - KCNA
Monday June 14, 2010 10:30:27 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)

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S. Korean Airlines Sets New Passenger, Cargo Transport Record - Yonhap
Monday June 14, 2010 07:20:42 GMT
S. Korean airlines sets new passenger, cargo transport record

SEOUL, June 14 (Yonhap) -- South Korean airlines set new passenger and
cargo handling records for May thanks to a solid rise in global demand for
air transportation, the government said Monday.The Ministry of Land,
Transport and Maritime Affairs said both international and domestic
flights posted sharp gains in passengers and cargo handled last month
thanks to more vacation time in the country, Japan and China, and a surge
in shipments for locally made semiconductors and information technology
products.Many South Korean holidays such as Children's Day and Buddha's
Birthday fueled air travel while the Labor Day break in China and Japan's
so-called Golden Week helped spur foreign visitors arriving in the
country.Passengers and cargo handled by international flights reached 3.27
million people and 312,000 tons, respectively, in May, up 27.3 percent and
26.0 percent from a year earlier.Compared to May 2008, which was the
highest tallied for the month, gains reached 6.5 percent for passengers
and 12.3 percent for cargo.For domestic flights, the total passengers
handled reached 1.94 million in the month, 14.5 percent higher than the
year before and a 13.5 percent gain compared with the same month two years
ago. The rise in the number of people heading to the resort island of
Jeju, off the country's southern coast, contributed to gains, the ministry
said.It pointed out that South Korea's budget carriers also contributed to
the gains by ferrying 640,000 people last month."Overall, economic gains
taking place in South Korea and the rest o f the world are expected to
help increase passenger and air cargo down the line," a ministry official
said.The official, meanwhile, said the number of people who used Incheon
International Airport, the main gateway to South Korea, to transfer
flights rose 5.7 percent on-year in May to 400,000.He said number of
passengers and cargo that passed through international airports in Gimpo,
Gimhae and Jeju all increased by double digits compared to May 2009

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DPRK Party Organ on US-ROK-Japan Agreements at 5 Jun Defense Minister
Talks
OSC plans to process the below-cited Rodong Sinmun "signed commentary" as
first referent item ; KCNA headline: "S. Korea-u.S.-japan 'Cooperation' in
Moves For War of Aggression Against DPRK Under Fire" - KCNA
Monday June 14, 2010 05:17:09 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)

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DPRK Condemns IAEA Chief's Comment on Nuclear Issue
Xinhua: "DPRK Condemns IAEA Chief's Comment on Nuclear Issue" - Xinhua
Monday June 14, 2010 05:55:36 GMT
PYONGYANG, June 14 (Xinh ua) -- The Democratic People's Republic of Korea
(DPRK) on Monday slammed the International Atomic Energy Agency (IAEA)
chief's comment on the nuclear issue on the Korean Peninsula.

A statement carried by the official Rodong Sinmun newspaper said Yukiya
Amano's demand last week for the DPRK to fulfil its obligation under the
nuclear Non-Proliferation of Treaty (NPT) was "ignorant."It said the DPRK
is not a member of the IAEA and has quit the NPT, adding the DPRK "has no
obligations to obey the NPT."The statement said the DPRK had done its best
to denuclearize the Korean Peninsula and the tense situation on the
peninsula is caused by the U.S. anti-DPRK policy.The statement urged Amano
to know the concept and history of the nuclear issue and the process of
the six-party talks involving the DPRK, South Korea, China, Russia, Japan
and the United States, which is aimed at resolving the nuclear issue on
the Korean Peninsula.(Description of Source: Beijin g Xinhua in English --
China's official news service for English-language audiences (New China
News Agency))

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61) Back to Top
S. Korea Unlikely to Follow Japan's Housing Market Crash: Goldman Sachs -
Yonhap
Monday June 14, 2010 04:55:58 GMT
S. Korea unlikely to follow Japan's housing market crash: Goldman Sachs

By Kim Young-gyoHONG KONG, June 14 (Yonhap) -- South Korea is not likely
to undergo a housing market crash similar to the one Japan experienced in
the 1990s, global investment bank Goldman Sachs predicted Monday.The
forecast amid escalating worries that South Korea may suffer a
Japanese-style real estate deflation due to the possibility that a large
amount of housing-backed loans could go sour, prompting apartment prices
to tumble."The housing market in Korea is unlikely to crash as it did in
Japan, given subdued price-to-income trends in housing, a different macro
backdrop, low tail-risks in mortgages and prudential regulation," Goldman
Sachs said in a report.According to a report released by the country's
central bank last month, a sluggish real estate market sapped household
lending demand, dropping South Korea's interest rates on bank loans in
April for the third consecutive month.Earlier in March, a think tank at
the state-funded Korea Development Bank warned that apartment prices here
are too high compared with household income, and said the bubble in the
country's housing market may burst in the near future, just like those in
Japan and the United States.Golman Sachs, however, admitted that South
Kore a appears to trail Japan by about two decades on demographics and
per-capita income."Korea resembles Japan in many respects, and in
particular in terms of its growth performance, main industries, high level
of savings and demographics. Given these similarities, investors have
concerns about the risks of a property market collapse and prolonged
economic stagnation in Korea," it said.The bank forecast stagnation in
housing prices, rather than a bubble burst, is more likely to occur,
leading more Koreans to accumulate financial assets in lieu of
property."Our analysis suggests that Korea's rapidly aging population will
contribute to a stagnation in housing prices, leading to an accumulation
of financial assets in lieu of property investments," it said, adding that
equity holdings have low shares in household portfolios.

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62) Back to Top
in Front of Them All - The Daily NK
Monday June 14, 2010 02:56:58 GMT
(

http://www.dailynk.com/english/read.php?cataId=nk03300&amp;num=6423
http://www.dailynk.com/english/read.php?cataId=nk03300&amp;num=6423

)(Section) North Korea(Reporter) Chris Green(Title) In Front of them
All(PubDate) 2010-06-14 10:05(THE DAILY NK) - Seiji Koshimizu was just 17
years old when he arrived in Korea. People had told him that the U.S.
military didn't send people overseas until they hit 18, but that really
didn't turn out to be the case."As soon as I took my basic training," he
says, "I came to Korea."Not that he is complaining. Actually, being young,
he says, was "better, because I was too young to really
understand."Shortly after his 18th birthday, he made sergeant. "When they
had the ceasefire in July," he says by way of explanation, "all the old
timers went home. So we, who came in early, became the old timers."As soon
as he arrived, Koshimizu says he was sent straight to the front line, to
the Chorwon Valley. It is in an area of the western part of the Korean
peninsula which was known then as the Iron Triangle, a key communications
corridor and the location of the main links between Wonsan on the east
coast and Seoul in the southwest."We were in front of the frontline," he
explains. "There was a little outpost; it was called Outpost Tom, which
was just large enough to hold, not a full company, a three quarter
company."Lying around half a mile in front of the main line of resistance,
it was one of three strategically important outposts in an area controlled
by American and Gre ek forces."We were there, and in front of us was this
Jackson Height, which was the big mountain, and the Chinese were on that
side," he gestures. His company's job, he explains: "if they ever
attacked, we would have tried to stop it until the front line... was aware
of it."Tense though it was, and the scene of some significant battles
including the Battle of White Horse and the Battle of Triangle Hill,
Koshimizu was lucky. He arrived in February 1953, just months before the
ceasefire agreement and after the majority of the most brutal fighting had
ceased. However, it was by no means safe.One particularly hard time, he
recalls, was July 26th, 1953, the day before the fighting officially
ended."All of a sudden," he explains, "the rumor was the Chinese didn't
wanna carry all of that ammunition back, so they threw everything at us
that night!"Again, age was his defense. "I was so young that I dunno, I
mean like everybody else I was s cared when it happened," he says, "but
like everybody else I didn't give it any thought."Aside from that, and a
few shots while out on patrol, he says he had little contact with the
enemy, and didn't feel in particularly great danger.Which could not have
been said for his uncle, Sergeant 1st Class Coolidge Ozaki. He never
talked much about his experiences, Koshimizu explains, but some details
did come out, and they revealed an impressive life. Ozaki, fluent in
Japanese and Korean, put himself forward for posting to Korea on no fewer
than three separate occasions, was a translator at the Panmunjeom
ceasefire negotiations and, before that, earned the Silver Star for his
bravery following the intervention of the People's Liberation Army of
October, 1950."When they went all the way to the Yalu and the Chinese got
involved and they got pushed all the way back," says Koshimizu, "he became
an observer with a tank unit coming back. What he was doing was , he was
outside the tank directing where the enemy is and so on and
whatnot."Taking into account spells as an interrogator with the Marine
Corps and as a translator at the Panmunjeon ceasefire negotiations,
followed by many years spent with the Department of the Army after his
discharge, Ozaki's military career spanned no fewer than 42 years.There is
no longer an opportunity to ask Ozaki how he feels, but for Koshimizu, to
whom timing and youth offered a degree of immunity from the full horrors
of the War, it was worth it."Korea," he said as we conclude our phone
interview, "has developed so much. And, in that respect, I can say I'm
glad that whatever we did, they have been able to develop it into such a
great country."(Description of Source: Seoul The Daily NK in English --
English website of "The Daily NK," which specializes in North Korean
affairs and is generally critical of the North, published by NGOs such as
the Network for North Ko rean Democracy and Human Rights that is run by
North Korean defectors; URL: http://www.dailynk.com)

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63) Back to Top
Ecfa Conducive To Taiwan's Fta Efforts: Thai Scholar
By Lin Ching-ping and Deborah Kuo - Central News Agency
Monday June 14, 2010 01:47:17 GMT
Bangkok, June 13 (CNA) --Taiwan's signing of an economic cooperation
framework agreement (ECFA) with China will help its efforts to sign free
trade agreements (FTAs) with Association of Southeast Asian Nations
(ASEAN) countries, a Thai scholar said Sunday.

Sompop Manarugsan, a professor of economi cs at Thailand's prestigious
Chulalongkorn University, said the ECFA initiative will be mutually
beneficial to both Taiwan and China, since the two sides' economies
complement rather than compete against each other.Taiwan, which is not a
member of the United Nations and has difficulty maintaining normal
relations with the world's major economies due to Beijing's opposition,
should use its engagement with China as a stepping stone to clinching FTAs
with other countries, Sompop told CNA.Despite the fact that Taiwan plays
an important role in global investment, particularly in Southeast Asia, it
has difficulty striking any form of economic or trade pact with ASEAN
members because of its unique political situation, he said.The third round
of cross-strait ECFA negotiations took place in Beijing that same day,
paving the way for the eventually signing of the deal, hopefully at the
end of June.Sompop, who has visited Taiwan many times and is a former
director of the China Studies C enter at Chulalongkorn University, also
warned that South Korea, Taiwan's major rival in terms of industrial
exports, has already signed an FTA with ASEAN and that the ASEAN Plus
China, Japan and South Korea FTA will take effect shortly -- developments
that will adversely affect Taiwan's regional competitiveness.He said that
once the ECFA is signed, some labor-intensive, low-end industries and
agricultural sectors in Taiwan might suffer a negative impact, but
predicted that Taiwan should be able to skirt the overall adversity as it
is a high-technology powerhouse.Taiwan should work to upgrade its
industrial structure, including wage levels and the workforce, he
continued."You win some and lose some. The ECFA will be worth signing if
Taiwan finds the pact brings more benefits than losses," he
added.(Description of Source: Taipei Central News Agency in English --
"Central News Agency (CNA)," Taiwan's major state-run press agency;
generally favors ruling adm inistration in its coverage of domestic and
international affairs; URL: http://www.cna.com.tw)

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64) Back to Top
An Alliance Reconfirmed
"Viewpoint" column by Kim Jung-wook, the Washington correspondent and
Translation by the JoongAng Daily staff: "An Alliance Reconfirmed" -
JoongAng Daily Online
Monday June 14, 2010 00:48:51 GMT
(Description of Source: Seoul JoongAng Daily Online in English -- Website
of English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongA ng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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65) Back to Top
(World Cup) N. Korean Coach Aims to Upset Brazil - Yonhap
Monday June 14, 2010 10:02:02 GMT
(World Cup) NK coach-Brazil match

(World Cup) N. Korean coach aims to upset BrazilBy Tony ChangJOHANNESBURG,
June 14 (Yonhap) -- North Korea's World Cup team coach is aiming to defy
overwhelming odds at the South African finals and secure three points
against Brazil in its upcoming Group G ope ner, according to FIFA on
Monday."Our Group G opponents are very strong. But in football, the best
teams don't necessarily win. We will give it our best," coach Kim Jong-hun
said in an interview with FIFA posted on the governing body's Web site."We
know we need to win to reach the knockout phase, so no matter who we're up
against, we'll target the three points."Making a World Cup comeback for
the first time in 44 years, North Korea is set to face off with Brazil,
FIFA's top ranked nation, in Group G, the so-called group of death, which
also includes Portugal and the Ivory Coast.Despite having made limited
international appearances, the North Korean squad has drawn media
attention. The tight-lipped North is currently the lowest-ranking FIFA
nation among the 32 finalists.The last time the North made it this far was
during its quarterfinals football blitzkrieg at the 1966 England World
Cup. The dark horse shocked the world by upsetting Italy 1-0 to gain a sp
ot in the quarterfinals."Our rivals are expecting to see us focus on
defense, because we actually played quite defensively during
qualifications," he said."But our game is not all about playing
cautiously. We can also play good attacking football when we need to."The
North Korean coach recognized Brazil being a "stronger team" than his own,
but noted the unpredictability of the sport."You never know what will
happen until the match is over. I have set a personal goal for myself,
which is to motivate my teammates and help my country reach the last
16."(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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Commerce.

66 ) Back to Top
Nothing Could Dampen Spirits of Red Devils - JoongAng Daily Online
Monday June 14, 2010 00:37:49 GMT
(JOONGANG ILBO) - Pouring rain couldn't keep Korean football fans from
crowding the streets to cheer for the national team's first-round World
Cup match against Greece on Saturday.

Police estimated that around 47,000 Red Devils packed the grounds of Seoul
Plaza - beginning in the gray drizzle at 3 p.m. - and another 200,000
people visited 45 different cheering areas around the city.But the noise
was loudest around Seoul Plaza, the must-go spot for die-hard fans."I
heard many people were planning on going to COEX in southern Seoul for
cheering this time. But I think no place could beat Seoul Plaza for the
best cheering experience," said 18-year-old Kim Eun-ji, who arrived early
enough to gra b a seat right in front of the screen.Three mammoth screens
were set up at different angles in the square to give the maximum number
of spectators a good view of the match.The decibel level started to rise
as soon as M.C. Kim Han-suk took the microphone, and soon the crowd was
singing the team songs they've had memorized since 2002 (a new song
written for this year's Cup had far fewer people chanting along).As the
game went into the second half with Korea ahead, the screaming got
louder."I knew Park Ji-sung would make a history. He is a victory maker!"
said 45-year-old Kim Yong-doo as he watched the team captain drive a goal
into the net.Even some expats got caught up in the full force of Korea's
cheering culture."It's my first time going out to cheer for Korea, and I'm
very excited because I've seen pictures of Koreans cheering in previous
World Cups. Even though it's raining today, I wanted to be at the first
game," said David Wescott, an English teache r from the United
States."It's wonderful to be in a country that's so passionate about
soccer," added Chris Foss, who also came out in the storm to cheer for
Korean team in 2006.Many Korean fans with young children picked the Seoul
World Cup Stadium as the best cheering site."Here I can cheer for the team
as crazily as I want and still avoid getting wet. Because I wanted to come
out with my children, having assigned seats were a major factor that made
me decide to come here," said Min Jae-du, who was with his wife and their
two small children.Although a plan to set up an outdoor screen in front of
the stadium was cancelled because of the heavy rain, the weather made no
difference to the frenzied fans."I consider the raindrops I get on my
shoulder the sweat from players from South Africa," said 25-year-old Ryu
Hyun-ji.The weather, in fact, was no drawback for people sporting new and
eye-catching fashions to support their team. Many fans sported r ed rain
coats, and others decorated red umbrellas with plastic devils' horns or a
soccer ball spirals. And to keep their face-paintings from being washed
away by the rain, many came prepared to cover up with Korean
flags.*Interns Ginny Kim and Angela Park contributed to this
article.(Description of Source: Seoul JoongAng Daily Online in English --
Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage; distributed as an insert
to the Seoul edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

67) Back to Top
Malaysia Chinese Press 12-14 Jun 10
The following lists selected reports carried in Malaysia's Chinese press
on 12-14 Jun 10. To request additional processing, please contact OSC at
(800) 205-8615, (202) 338-6735; or fax (703) 613-5735. - Malaysia -- OSC
Summary
Monday June 14, 2010 13:15:58 GMT
2. Interview with China's Department of Asia-Pacific Studies, Shanghai
Institute for International Studies Director Ma Ying by Chua See Keat
entitled " Ma Ying Urges ASEAN To Strengthen Power To Play Balancing Role
Among Major Powers in Region." In this interview, Professor Ma says that
by highlighting its stand on South China Sea issue at Singapore's Asia
Security Conference, it is clear that the United States wants to maintain
its traditional role to lead in Asia. However, Ma said that ASEAN had
adopted an open policy and China and the United States must coexist wit h
ASEAN. (p 26; 800 words, 14 June)

3. Report by Pang Wing Sin entitled "Pan Malaysian Islamic Party To
Strengthen Cooperation with Other Pakatan Rakyat Parties." The report says
that through the 56th Pan Malaysian Islamic Party (PAS) Annual General
Assembly, held during the weekend, it is clear that the PAS now
understands that in order to become a ruling party, it needs the support
of multiethnic community. The PAS is now moving closer toward this goal by
upgrading the non-Malay support club as one of the political wings of the
PAS parent body. (p11; 800 words 12 June)

4. Unattributed report entitled "PAS President Hadi Awnag: PAS Not To Hold
Talk With United Malays National Organization." In Kota Bharu, the PAS
President said that the opposition alliance Pakatan Rakyat had its own
principle regarding the running of government. There will not be any
PAS-United Malays National Organization (UMNO) dialogue in the future. (p
08; 500 words, 15 June) Petaling Jaya Nanyang Siang Pau in Chinese -- One
of Malaysia's oldest Chinese dailies. Provides wide coverage of both
domestic and international news. As Per the Audit Bureau of Circulations
data, the Nanyang Siang Pau has a circulation of 114,049. It was acquired
by timber tycoon Tiong Hiew King in 2007. Prior to 2007, it was owned by
the ruling coalition component party Malaysian Chinese Association (MCA).

5. Interview with Election Chairman Abdul Aziz by Yet Chong Jian entitled
" Abdul Aziz: Rezoning Boundaries of Electoral Constituencies To Face
Resistance." In this interview, Election Commission (EC) chairman Abdul
Aziz talks about his plan and resistance as EC plans to carry out the
rezoning of constituency exercise in March next year. (A3; 1,500 words, 14
June)

6. Article by Zhang Chin Wei entitled "China-US-South Korea-North Korea
Relationship in Post-Cheonan Incident Era." This article by China Affairs
commentator says that in dealing with the Korean Peninsula issue, China
will not give up North Korea as a buffer zone for its country. (p A10; 750
words, 13 June)

7. Article by Qiu Zhenhai entitled "China's Current Military Situation as
Viewed Through Shangri-La Dialogue. Part Two." This article by current
affairs commentator of Phoenix TV opines that the arms sale to Taiwan, as
expressed b y China and the United States at the Dialogue, is not the real
conflict between the two countries. The real problem is that both China
and the United States want to lead in the Asian region. (p 11; 400 words,
12 June) Kuala Lumpur Oriental Daily News in Chinese -- One of the few
remaining Chinese dailies not under control of timber tycoon Tiong Hiew
King. Provides independent views on domestic political issues and has
emerged as one of the strongest critics of the government. As Per the
Audit Bureau of Circulations data, the Oriental Daily News has a
circulation of 102,802

8. Report by Nam Zhong Hwa entitled "Malaysian Air Force Facing Difficulty
in Sustaining High Maintenance Cost of Military Aircrafts." The report
says that when Malaysian Air Force Chief General Datuk Sri Rodzali
accepted interview with some local press in conjunction with the 52nd
anniversary of the Air Force, Rodzali not only exposed the embarrassing
scandal of stolen F-5E fight jet engine to the general public, he also
revealed that the Royal Malaysian Air Force was finding it difficult to
handle the expensive maintenance cost of the MiG-29 N. This report also
cites the March issue of the Air and Space Magazine that covers a report
that has shown that in Malaysia's military exercise with the US navy, the
US F/A 18 D has shown superiority over MiG-29N. (p MG 8, MG9; 3,000 words,
14 June) China Press in Chinese -- Carries general domestic and political
news. Along with the sister publication Nanyang Siang Pau, it came under
timber tycoon Tiong Hiew King's media empire in 2007. As Per the Audit
Bureau of Circulations data, the China Press has a circulation of
231,539.As per the Bureau of Circulations data, the Oriental Daily News
has a circulation of 102,802.

Negative Selection Penang Kwong Wah Jit Poh in Chinese -- Oldest Chinese
daily in Malaysia. Focuses mainly on news from northern peninsular
Malaysia. Along with the Oriental Daily News, it is one of the few Chinese
dailies not under timber tycoon Tiong Hiew King's control. As Per the
Audit Bureau of Circulations data, the Kwong Wah Jit Poh has a circulation
of 71,350.

Negative Selection Petaling Jaya Malaysiakini in Chinese --
Chinese-language version of the leading alternative online news portal
owned by Mkini Dotcom. Offers independent news and views, focusing mainly
on political issues. Often features exclusive interviews with leading
opposition and government figures. Exact readership unknown; URL:
http://www.malaysiakini.com

Negative Selection

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68) Back to Top
DSME Lands $600m Deal to Build Behemoth Ship - JoongAng Daily Online
Tuesday June 15, 2010 00:52:12 GMT
(JOONGANG ILBO) - Daewoo Shipbuilding &amp; Marine Engineering has won a
contract to construct a massive ship that will be larger in width and
length than six football fields put together, which the company claims
will be the largest of its kind in the world.

The company cemented an agreement valued at roughly $600 million yesterday
with Allseas Group SA of the Netherlands to build a vessel used to
install, repair and remove oil platforms at sea and other structures in
water.The ship will be capable of carrying a largely preassembled platform
out to the desired site rather than requiring the operator to assemble it
in a more piecemeal fashion, DSME officials said, adding that it will also
be more efficient.Additionally, the vessel will include a dynamic global
positioning system and a self-sailing function.The company said it could
pave the way for more similar ship orders."Only DSME has the experience,
facilities and skills to handle a vessel construction this large," said
Nam Sang-tae, DSME's chief executive officer. "With our successful track
record in the past, we expect additional orders, as demand is expected to
rise."The new vessel will measure 382 meters (1,253 feet) in length, 117
meters in width and 29 meters in height and weigh 120,000 tons. To handle
such a large project, DSME will use its No. 1 dock in Geoje, South
Gyeongsang, which is 530 meters in length and 131 meters in
width.Officials ex pect the vessel to be named Pieter Schelte after the
father of Allseas' current president, Edward Heerema.The contract calls
for a delivery date near the end of 2013.Since its founding, DSME has
received orders for 24 vessels worth $2.43 billion. It currently has a
backlog worth $34 billion, officials said.(Description of Source: Seoul
JoongAng Daily Online in English -- Website of English-language daily
which provides English-language summaries and full-texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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69) Back to Top
Daewoo Shipbuilding Wins $600 Million Order From Dutch Firm
Report by Soon-woo Chung: "DSME Wins $600 Million Order From Allseas Group
SA" - MK English News Online
Monday June 14, 2010 05:43:25 GMT
(Description of Source: Seoul MK English News Online in English -- Website
of the English subsite of the leading economic daily Maeil Kyo'ngje (Daily
Economy) published by "Maeil Business Newspaper &amp; MK Inc."; URL:
http://news.mk.co.kr/english/)

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70) Back to Top
POSCO Engineering Gets US$290 Mln Dea l From Peru - Yonhap
Monday June 14, 2010 01:32:09 GMT
POSCO Engineering gets US$290 mln deal from Peru

SEOUL, June 14 (Yonhap) -- South Korea's POSCO Engineering &amp;
Construction Co. said Monday that it has signed a US$290 million deal to
upgrade a power station in Peru.The power station is located in an area
about 62 kilometers outside of Lima, the capital of the South American
country, POSCO Engineering said.The South Korean company plans to complete
the power station by the latter half of 2012.

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71) Back to Top
Nigerian Commitee Denounces 'Anti- DPRK Campaign' of US and ROK
KCNA headline: "Anti-dprk Campaign of U.S. And S. Korea Accused" - KCNA
Tuesday June 15, 2010 04:18:59 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)

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72) Back to Top
S. Korea Evacuates Citizens From Kyrgyzstan Amid Deadly Ethnic Violence -
Yonhap
Monday June 14, 2010 07:53:11 GMT
S Korea-Kyrgyzstan evacuation

S. Korea evacuates citizens from Kyrgyzstan amid dea dly ethnic
violenceSEOUL, June 14 (Yonhap) -- South Korea has evacuated dozens of its
citizens from a Kyrgyzstan city after ethnic violence there left about 100
people dead and hundreds more wounded, the foreign ministry said
Monday.Seventy-four people have arrived safely in Kyrgyzstan's capital,
Bishkek, after leaving the violence-plagued city of Osh on a chartered
flight arranged by South Korea's embassy there, a foreign ministry
official said.Four others refused to leave and still remain in Osh, the
official said on condition of anonymity."We will seek ways to get them out
if the situation worsens further," he said.Kyrgyzstan's government
provided armed escort for the South Korean citizens as they moved from the
city center by bus to the airport in Osh, the official said.Hostilities
between ethnic Kyrgyz and Uzbeks exploded last week in Kyrgyzstan's worst
ethic violence, leaving at least 117 dead and some 1,500 wounded,
according to news reports.South Korea has also upgraded the travel
advisory for Osh and the two other regions, Jalalabad and Batken, affected
by the violence.The foreign ministry said it has put the three Kyrgyzstani
regions under the second-highest advisory at level 3, urging citizens to
avoid travel to the designated places.South Korea has a four-step travel
advisory system with level four banning travel to the affected areas and
level one advising precautions when traveling to those areas.(Description
of Source: Seoul Yonhap in English -- Semiofficial news agency of the ROK;
URL: http://english.yonhapnews.co.kr)

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Recovering The Signal of Life - The Daily NK
Tuesday June 15, 2010 04:18:59 GMT
(

http://www.dailynk.com/english/read.php?cataId=nk03300&amp;num=6484
http://www.dailynk.com/english/read.php?cataId=nk03300&amp;num=6484

)(Section) North Korea(Reporter)(Title) Recovering the Signal of
Life(PubDate) 2010-06-15 11:24(THE DAILY NK) - It was May of 1951. Facing
the People's Volunteer Army's first spring offensive, possession of Mount
Yongmoon near Yangpyong in Gyeonggi Province was crucial for South Korea
since it connected the ROK Army's western and central fronts.Mount
Yongmoon, known for its steep trails and with peaks rising to over 700m
clustered around a central 1157m summit, is situated northeast of
Yangpyong. It forms a natural stronghold of sorts, with the Bukhan and
Namhan rivers surrounding it. For the ROK army it was vital territory that
was not to be easily surrendered, for its value as both the ROK's
northernmost fro ntline and a crucial defensive bastion.The ROK Army 6th
Division was attempting to hold the area against three Chinese divisions.
The 3rd Battalion of its 2nd Regiment was strategically located on Hill
353 near Changeui-li, and from there they alone fought a force that was
the numerical equivalent of two battalions.Despite the odds, overall the
South Korean forces successfully thwarted a 20,000-strong Chinese force
comprising three divisions derived from its 63rd Corps over a period of
four days from the 17th to the 21st of May in the so-called "Battle of
Mount Yongmoon", but not without tremendous difficulty.The Chinese 63rd
Corps, aware of the area's strategic significance, escalated the attack
that it launched on the 17th of May, deploying another battalion-sized
force the next day for a full frontal offensive and carrying the battle on
into the night. The concerted efforts of the Chinese 187th and 188th
Divisions were not enough to force the ROK side out of its stronghold,
though.So, with the 3rd Battalion holding on strongly through to the 19th
of May, the enemy once again employed the main forces of the 187th and
188th Divisions for another concentrated attack, starting from 6 a.m.
Chaos continued throughout the day, but the ROK side again refused to
surrender the base. The Chinese responded by deploying the 189th Division,
and the battle rose to its peak.It was then that the ROK's communications
equipment, hit by enemy fire, started to malfunction. The fixed wire
telephone connection that had been installed between the battalions and
the regiment had also been cut off in the attacks.The ROK 3rd Battalion
continued to fight against the encroaching enemy despite having lost its
means of communication. The regiment started to panic though as it was
unable to get hold of the 3rd Battalion. Commanding the battle became an
impossible task as the commanders could no longer track the situation on
the ground.Repairing the connection was no easy task. Not only was the
connection thought to have been severed at least four or five kilometers
from regimental headquarters, but it was also near Hill 353, where the
Chinese had taken three of the four sides and were surrounding the ROK
forces amidst a fierce battle.Faced with this huge problem, the signal
commander called in all his communications engineers. After explaining the
situation, he announced that he was looking for volunteers, to reconnect
the severed wires, potentially entering enemy territory to do
so.Eventually, First Sergeant Lee Chun Gil and Staff Sergeant Noh Seung Ho
accepted the mission.'We will carry out our duty, even if it means
death!'The two sergeants, following the wire, headed towards Hill 353
carrying a heavy burden; the fate of the 3rd battalion.They had often
heard stories of other soldiers, tasked with repairing severed
connections, getting caught in enemy ambushes and killed, but were
undeterred by it as death was already off their l ist of concerns. As they
approached Hill 353, where a fierce overnight battle was in train, the
sound of gunfire and artillery started to press in upon them.With enemy
fire becoming more and more intense, the two sergeants crawled forward
with replacement wire in hand. Upon arrival, however, they were unable to
locate the damaged wire."First Sergeant Lee, what can we do from here? If
we go any further, we'll be inside enemy territory," Sergeant Noh pointed
out."Whether it's enemy territory or not, we will locate the damage, to
complete our mission." First Sergeant Lee continued to crawl forward,
leading the way.Eventually, they found the severed wire. It was almost
inside enemy territory. "Let's hurry up; we've no time to spare before the
enemy comes!" First Sergeant Lee told Sergeant Noh to grab one end of the
wire, as he himself searched around to find the other broken end. After
searching for some time, he located it.Once communications were
reestablished, First Sergeant Lee made a test call to the regiment. A
confirmation signal was received moments later. First Sergeant Lee's voice
went down the line. "This is First Sergeant Lee. We have located the
damage, and repaired the connection."The regiment, able to reconnect with
the struggling 3rd Battalion, quickly evaluated the situation on Hill 353,
and called upon the 2nd Regiment's 1st Battalion, then defending the
region of Mount Na, to support the isolated 3rd Battalion. The 3rd
Battalion, which had been fighting in extreme conditions and without
resupply, was reinforced at last.The two signal support system
specialists, who saved the lives of their fellow comrades and paved the
way for the ROK Army to retain a strategic advantage, risked their own
lives in order to do their duty. For their bravery, each received the
"Chungmu" Order of Military Merit and a much-deserved honorary
promotion.(Description of Source: Seoul The Daily NK in Englis h --
English website of "The Daily NK," which specializes in North Korean
affairs and is generally critical of the North, published by NGOs such as
the Network for North Korean Democracy and Human Rights that is run by
North Korean defectors; URL: http://www.dailynk.com)

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Activists Urge UNSC to Reinvestigate Cheonan Sinking - Chosun Ilbo Online
Tuesday June 15, 2010 02:41:01 GMT
(CHOSUN ILBO) - The civic group People's Solidarity for Participatory
Democracy e-mailed the UN Security Council on Friday raising doubts over
the inquiry into the sinking of the Navy corvette Ch'o'nan (Cheonan). It
claimed further investigation is "necessary."

The leftwing group sent the e-mail three days before a group of South
Korean experts briefed UNSC members Monday on their conclusion that North
Korea sank the warship. "It's like getting shot in the back by our own
side as we try to gather international support," said one government
official.Council members said the PSPD e-mailed a two-page letter plus a
20-page report containing suspicions about the investigation. It called on
the council to make an "objective and rational decision" since the
response of the Lee Myung-bak (Yi Myo'ng-pak) administration could trigger
"serious political and diplomatic conflict."The move is unprecedented in
the history of the UNSC and has apparently stirred up some controversy
among member nations. One council official checked with the South Korean
delegation at the UN whether the group really exi sts.The group demanded
its report be considered along with the South Korean government's
investigations, but the UNSC president decided not to accept the PSPD's
request since the council has never reviewed materials submitted by a
civic group.After the PSPD e-mailed the council, the North Korean
delegation to the UN sought to give its own explanation before the
council, which has been scheduled immediately after South Korea's
session.Cheong Wa Dae (ROK Office of the President) and the Foreign
Ministry told reporters Monday that attempts to block the government's
diplomatic efforts are "extremely regrettable." A government spokesman
said, "This is not a matter involving progressives or conservatives but a
matter of common sense. How will the international community view South
Korea?" Conservative groups issued statements condemning the
PSPD.(Description of Source: Seoul Chosun Ilbo Online in English --
English website carrying English summaries and full tr anslations of
vernacular hard copy items of the largest and oldest daily Chosun Ilbo,
which is conservative in editorial orientation -- strongly nationalistic,
anti-North Korea, and generally pro-US; URL: http://english.chosun.com)

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75) Back to Top
ROK Approves Additional Shipments of Humanitarian Aid to DPRK
Updated version: modifying headline, adding metadata; By Sam Kim: "S.
Korea Approves Additional Shipments of Humanitarian Aid to N. Korea" -
Yonhap
Tuesday June 15, 2010 02:15:35 GMT
(Description of Source: Seoul Yonhap in English -- Semioffici al news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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76) Back to Top
ROK Naval Exercise To Mark 60th Anniversary of Korean War
Updated version: upgrading precedence, modifying headline, adding
metadata, adding cross ref; Yonhap headline: "Naval Drill to Mark 60th
Anniversary of Korean War" - Yonhap
Tuesday June 15, 2010 02:29:44 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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77) Back to Top
Xinhua Cancels Item on UNSC President Saying To Hold Talks on ROK Warship
Case
Corrected version: Beijing Xinhua in English at 0051 GMT on 15 June
transmits a service message canceling the following item; a replacement
item has been transmitted by Xinhua at 0120 GMT on 15 June, item was
released as CPP20100615053002, correcting subject line to reflect Xinhua's
cancellation; Xinhua: "UN Security Council To Consult on ROK Warship Case:
President" - Xinhua
Tuesday June 15, 2010 01:58:06 GMT
(Description of Source: Beijing Xinhua in English -- China's official news
service for English-language audiences (New China N ews Agency))

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78) Back to Top
UN Security Council Expresses Grave Concern Over ROK Ship Sinking Case
Xinhua: "UN Security Council Expresses Grave Concern Over ROK Ship Sinking
Case: President" - Xinhua
Tuesday June 15, 2010 01:45:59 GMT
(Description of Source: Beijing Xinhua in English -- China's official news
service for English-language audiences (New China News Agency))

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Lee Shifts Sejong Decision to National Assembly - JoongAng Daily Online
Tuesday June 15, 2010 01:14:29 GMT
(JOONGANG ILBO) - Admitting that his signature development projects have
divided the country, President Lee Myung-bak yesterday urged the National
Assembly to vote on the Sejong City revision bills this month to bring an
end to the political fights surrounding the project.

Lee addressed the nation yesterday morning in a speech aired live on major
TV and radio networks. Responding seriously to the ruling Grand National
Party's defeat in the June 2 local elections, he vowed to rethink his
government's priorities.Lee said he will leave it up to the legislature to
decide how to develop Sejong City, but he made it clear that the
government will continue the four major rivers development project. And he
said he is prepared to clean house within his administration."I will
improve the systems of the Blue House (ROK Office of the President) and
the cabinet and reshuffle the officials as soon as the preparations are
completed," the president said."The government will also try to find ways
to maintain amicable and productive ties with the ruling party and the
National Assembly."Lee also said he will explore new ways to communicate
with younger Koreans, perhaps a response to the plummeting popularity of
the GNP among young voters.Though he pledged to punish the military for
its bungled response to the Ch'o'nan (Cheonan) crisis, the president said
he would not back down from the hard line he has taken against North
Korea. Defending his tough stance, Lee sought the nation's united support
in punishing Pyongyang for its latest provocation that killed 46 South
Korean sailors to prevent the recurrence of a similar incident.In his
speech, Lee reiterated that he had wanted to revise the development plans
for Sejong City in South Chung-cheong to create an industrial, science and
education center rather than an administrative hub not because it would
benefit his administration, but for the future of the nation."I still have
a strong conviction about that," he said, adding that moving major
government offices to Sejong City will be regretted in the future."Yet I
can no longer allow the issue to split the nation and deepen the political
rupture," Lee said, emphasizing the need for unity in times of economic
and security crisis."Companies that have planned to invest in Sejong City
can no longer wait."The original Sejong City plan was put forward by No
Mu-hyo'n (Roh Moo-hyun) in 2002, and the project was given the weight of
law by the National Assembly in 2005. Lee's plan to revise the city
blueprint ignited fierce resistan ce from opposition parties as well as
Grand Nationals loyal to his political rival Pak Ku'n-hye (Park Geun-hye),
but this March the cabinet approved five bills to shift the focus of
development.The revision bills have been pending before the National
Assembly since March, and Lee asked that they be voted on before the
current session ends on June 29. He said, "I urge each and every one of
the lawmakers to make a wise decision, leaving aside their party
affiliations. The government will respect the decision of the National
Assembly."Lee's change of heart appears to be a political compromise to
escape from the current deadlock, and prevent the Sejong controversy from
hindering the rest of his agenda items for the remainder of his term."GNP
lawmakers will be able to vote their conscience, without being restricted
by the party's official line," Blue House (ROK Office of the President)
spokesman Yi Tong-kwan (Lee Dong-kwan) said. "We can no longer delay t his
issue."The spokesman insisted that the president has not given up on the
Sejong City revision, but the Blue House (ROK Office of the President) is
well aware that pro-Lee lawmakers alone cannot unilaterally push forward
the changes.The next step to moving forward - or rejecting - the revision
bills will be a vote at the legislature's Land and Maritime Affairs Commit
tee.Of the 31 lawmakers on the committee, 21, including eight pro-Park
Grand Nationals, have said they support the initial administrative hub
plan.Even if the committee approves the bills, the revision plans are
unlikely to win a majority vote at a legislative session because pro-Lee
Grand Nationals who support the revision are largely outnumbered by the
pro-Park Grand Nationals and opposition lawmakers.The Grand National
Party's floor leader, Kim Moo-sung, said the party will discuss the Sejong
City issue intensively this week to decide how to proceed.But
Representative Woo Sang-ho, the DP's spokesman, said Lee's speech
effectively killed the Sejong City revision bills.He criticized the
president for passing the buck to the National Assembly. "To mend the
rupture in public opinion, the government must immediately withdraw the
bills, and not force the legislature to hold a vote," he said.Lee also
addressed the four rivers restoration project in his speech, saying the
government plans to continue the project and that results will be seen
within a few years.However, he said the administration will be more open
to the opinions of local governments in the affected communities.As a part
of its green growth campaign, the Lee administration advanced a 22.2
trillion won ($19.1 billion) plan to develop South Korea's major rivers -
the Han, Yeongsan, Geum and Nakdong - by 2012 to prevent floods and spur
regional growth.Although environmentalists and opposition parties resisted
the program, groundbreaking took place in November.As to the
administrative reshuffle, the spokesm an refused to say when it would take
place, but said Lee is searching for talented people in their 40s and 50s
to assist him.As he promised to recruit young, reform-minded officials to
revamp his government, Lee urged the GNP to embrace the generational
change in the upcoming leadership.Lee said more details about how he will
steer the nation for the rest of his term will be made public once they
are finalized.His spokesman said an announcement is expected to come
around Liberation Day on Aug. 15.The opposition Democratic Party was
critical of Lee's speech."The president did not present any details
including the timeline of reshuffles," said Woo, the DP spokesman. "It was
an arrogant speech with no substance."(Description of Source: Seoul
JoongAng Daily Online in English -- Website of English-language daily
which provides English-language summaries and full-texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage ; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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80) Back to Top
UNSC President Says UN Security Council To Consult on ROK Warship Case
Xinhua: "UN Security Council To Consult on ROK Warship Case: President" -
Xinhua
Tuesday June 15, 2010 00:59:19 GMT
(Description of Source: Beijing Xinhua in English -- China's official news
service for English-language audiences (New China News Agency))

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81) Back to Top
Not Afraid, Just Disappointed - JoongAng Daily Online
Tuesday June 15, 2010 01:10:34 GMT
(JOONGANG ILBO) - North Korea has threatened to turn Seoul into a "sea of
fire," resorting to extreme inflammatory talk for the first time in 16
years.

The General Staff of the North Korean People's Army, in a statement over
the weekend, claimed the South's installation of loudspeakers to send
propaganda messages to the North was a "declaration of war." It warned
that its military would not stop at a simple tit for tat, but would embark
on a merciless ambush aimed at turning Seoul into a "sea of fire."Regardle
ss of the circumstances, we cannot help feeling disheartened by the
reality of inter-Korean relations today, engulfed in fiery war talk.
Ironically, today marks a decade since the landmark first-ever summit
between the two Koreas' heads of state, pledging to end mistrust and
confrontation and instead work toward peaceful and cooperative
ties.Inter-Korean relations have soured to their worst in a decade. The
incumbent Lee Myung-bak (Yi Myo'ng-pak) administration may be partly to
blame, having veered away from the previous unconditional engagement
policy to stress quid pro quos and denuclearization before providing
further economic aid and cooperation.But North Korea is entirely at fault
for freezing bilateral relations by attacking a South Korean Navy ship on
a patrol mission off the west coast. An international joint investigation
concluded that the North torpedoed the Ch'o'nan (Cheonan), killing 46
sailors, yet Pyongyang instead blames the South for fabricating the report
a nd vows to take retaliatory action. Its latest threat to turn Seoul into
a "sea of fire" is in response to South Korea's construction of dozens of
propaganda loudspeakers along the border as part of punitive measures
against the North's attack on the Ch'o'nan (Cheonan).We now cannot rule
out the possibility that the North will fire artillery at the loudspeakers
if military authorities embark on the propaganda campaign. If the North
does fire at the loudspeakers on the southern side, a skirmish or even a
full-on military confrontation may take place. The government is now
delaying the propaganda campaign fearing such a result.But North Korea has
us wrong if it believes it can split our society through war threats. In
fact, we have become more unified. Opposition Democratic Party floor
leader Pak Chi-wo'n (Park Jie-won), in a parliamentary address, called
upon the North to prove it is not responsible for the Ch'o'nan (Cheonan)'s
sinking or else stop talk of war.The N orth must either prove its
innocence or admit its guilt, apologize and punish those responsible for
the attack. That is the only way to save what's left between the two
Koreas and revive the spirit behind the June 15, 2000, declaration for
peace and cooperation.(Description of Source: Seoul JoongAng Daily Online
in English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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82) Back to Top
Unifica tion Minister to Miss June 15 Ceremony - JoongAng Daily Online
Tuesday June 15, 2010 01:05:21 GMT
(JOONGANG ILBO) - Amid increased tensions and a widened rift between two
Koreas over the sinking of the Cheonan warship, the Ministry of
Unification said yesterday that its minister will not attend today's event
to mark the 10th anniversary of the June 15 Joint Declaration.

The Kim Dae-jung Peace Center, a nonprofit organization formerly chaired
by the late president, has held commemorative ceremonies to mark the 2000
accord between him and North Korean leader Kim Jong-il each year since
2003.Unification Minister Hyun In-taek had been invited to this year's
event, but the ministry said he had been scheduled to attend a National
Assembly hearing on foreign affairs and national security. Vice Minister
Um Jong-sik will attend in his place.It is the second year in a row that
the unificat ion minister is skipping the event. Hyun missed the ceremony
last year, citing a conflict with a meeting on the Kaesong Industrial
Complex."The government has not changed its stance that it respects the
spirit of the June 15 Joint Declaration and hopes to discuss follow-up
measures through inter-Korean dialogues," said Chun Hae-sung, spokesman
for the ministry.But, he added, "if North Korea is willing to develop the
inter-Korean relationship, it has to take measures such as apologizing for
sinking the Cheonan and punishing those responsible."Some civic groups in
the South have criticized the South Korean government for taking a too
inflexible a stand against the North.The Rev. Han Sang-ryeol, a
progressive activist, traveled to Pyongyang on Saturday to attend the 10th
anniversary ceremony held in the North.(Description of Source: Seoul
JoongAng Daily Online in English -- Website of English-language daily
which provides English-language summaries and full- texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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83) Back to Top
ROK Chief Investigator Says UNSC Members 'Understand' Probe Into Ship
Sinking
Updated version: "UPDATES in paras 7-8 with details of U.N. briefing;
REORGANIZES paras 9-10;" Yonhap headline: "UN Security Council Members
Understand Probe Into Ship Sinking: Chief Investigator" - Yonhap
Tuesday June 15, 2010 00:42:08 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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84) Back to Top
a Traitorous Act - JoongAng Daily Online
Tuesday June 15, 2010 00:47:10 GMT
(JOONGANG ILBO) - In a national crisis, we should stand united no matter
how severe the political bickering or ideological conflicts may be. In
such a situation, the division between the right and the left, or the
split between the ruling and the opposition camps lose their raison
d'etre. Our current national security situation in the wake of the
disastrous Cheonan sinking is a litmus test for the unity in our society.

Against this backdrop, the People's Solidarity for Participatory
Democracy, a leading anti-government civic group, has sent an open letter
to the United Nations Security Council regarding the Cheonan incident.
Arguing that the government-led probe of the incident has left many
questions unanswered, they have requested that the Security Council
discuss sanctions against the North in a prudent manner. This attempt,
which amounts to a self-injury, has us dumbfounded. Since the Cheonan
disaster, North Korea has been laying the blame on us, rather than
admitting to their brutal crime and apologizing. Moreover, we have been
employing diplomatic efforts to forge a united front in the international
community. We believe PSPD's act is deplorable and benefits the enemy.The
civic group's suspicions about the water pillar created when the North
Korean torpedo exploded, the appearance of the seve red part and the image
from a thermal imaging device all are just a raw compilation of groundless
rumors from the Internet. The timing of the letter is also bad because our
government is scheduled to brief the Security Council today on the results
of its investigation. Now the North has volunteered to give its own
briefing to the council, as if it had been waiting for the chance. No
doubt they will argue they had nothing to do with the tragic incident and
that even a South Korean civil organization has cast suspicion on the
matter.North Korea is seeking our internal division through a proposal for
academic debate, while threatening to turn Seoul into a "sea of fire." Yet
the Korea Alliance for Progressive Movement, another civic group friendly
to the North, supported the North's sly trick by sending one of its
leaders to Pyongyang on the weekend. These are the people who took the
lead in the anti-government and anti-U.S. movements by inciting massive
candlelight pr otests against the resumption of U.S. beef imports and the
deaths of the two schoolgirls by a U.S. armored vehicle.We cannot but feel
a deep sense of betrayal and pity if a famous civic group like PSPD thinks
it can play around when it comes to North Korea. We believe they should
not mislead the public by presenting the letter as an expression of
diverse voices and mature democracy in South Korea. We urge them to be
responsible as our nation faces this grave moment.(Description of Source:
Seoul JoongAng Daily Online in English -- Website of English-language
daily which provides English-language summaries and full-texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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85) Back to Top
DPRK Releases Joint Statement on 10th Anniversary of 15 Jun Joint
Declaration
Pyongyang Korean Central Broadcasting Station (KCBS) in Korean carried the
following in its 2100 GMT newscast on 14 June, which OSC plans to
translate as first referent item; KCNA headline: "All Koreans Called Upon
to Unite Under Banner of June 15 Joint Declaration" - KCNA
Tuesday June 15, 2010 00:25:58 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)

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86) Back to Top
State Department Says Senior US Official 'Due' in Seoul To Discuss Ship
Sinking
Yonhap headline: "Campbell Due in Seoul on Ship Sinking, Other Issues:
State Dept." by Hwang Doo-hyong - Yonhap
Monday June 14, 2010 23:25:33 GMT
this week to discuss the torpedoeing of a South Korean warship by North
Korea and other issues of mutual concern, the State Department said Monday
(14 June).

"Assistant Secretary for East Asia and Pacific Affairs Kurt Campbell will
be in the region later this week," spokesman Philip Crowley said. "He will
depart Washington tomorrow, arrive in Seoul on Wednesday, June 16. We're
going to meet with senior Korean officials, including officials from the
Ministry of Foreign Affairs and Ministry of Defense."Campbell will also
visit Tokyo Thursday on his way back home, the spokesman said.Campbell's
visit comes as the UN Security Council began discussing South Korea's
complaint against North Korea for the sinking of the warship Ch'o'nan
(Cheonan) in the Yellow Sea in March, which killed 46 sailors.An
international team concluded last month a North Korean mini-submarine was
responsible for the sinking, but Pyongyang denies involvement and has
warned of war if sanctioned.South Korean officials said they are seeking a
stern warning to North Korea as a precaution against North Korea repeating
such a provocation, rather than additional sanctions. Pyongyang is already
under sanctions for its nuclear and missile tests.China, however, has yet
to blame the North for the ship sinking, spawning concerns that Beijing, a
veto-wielding council member, will not approve even a council presidential
statement condemning Pyongyang, let alone a resolution carrying furt her
sanctions.Campbell will also likely discuss preparations for President
Barack Obama's upcoming summit meeting with South Korean President Lee
Myung-bak (Yi Myo'ng-pak) on the sidelines of the G-20 economic summit in
Canada later this week.Also likely high on the agenda will be the meeting
of defense and foreign ministers of the two countries in Seoul in late
July.Some analysts believe South Korea will raise the issue of a possible
delay in the transfer of the wartime operational control of its troops
during next month's strategic security dialogue with Defense Secretary
Robert Gates and Secretary of State Hillary Clinton.Conservatives from
both Seoul and Washington have called for a delay in the OPCON transfer,
fearing a possible gap in the joint defense of South Korea, amid
heightened tensions after North Korea's sinking of the Ch'o'nan (Cheonan)
and recent nuclear tests and missile launches.The wartime OPCON transition
agreement was reached in 2007 under former liberal President No Mu-hyo'n
(Roh Moo-hyun), who sought a greater role for South Korea in maintaining
its own defense. Peacetime control of South Korean forces was returned in
1994.The U.S. currently maintains 28,500 troops in South Korea, a legacy
of the Korean War, in which the U.S. fought alongside South Korea against
invading North Korean troops aided by China.(Description of Source: Seoul
Yonhap in English -- Semiofficial news agency of the ROK; URL:
http://english.yonhapnews.co.kr)

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Older Generation Living in Fear of War - The Daily NK
Monday June 14, 2010 14:57:48 GMT
(THE DAILY NK) - Whenever a defector in Yangcheon-gu, Seoul calls her
mother in North Hamkyung Province, her mother asks, "It is true that South
Chosun is preparing for war?"

The defector explains that this is because the North Korean authorities
pledge themselves to an "all-out attack on South Chosun" daily via
television and third broadcasting.She adds, "At dawn on the 12th, I called
my mother.I hear North Korean old men are currently very nervous about the
possibility of war."The defector says she tries to persuade her mother
that the claims are false, saying, "It will not happen.It is only for
purposes of regulation over the people by the authorities," but says her
mother does not listen to her.Her mother is now in her 70s and works in
the jangmadang.There are many older people among the sellers in the
jangmadang who experienced the Korean War, she says.Therefore, the North
Korean authorities' hard-li ne attitude is making them feel anxious.The
defector explains, "Since my mother witnessed the misery of the Korean
War, her generation has a totally different idea about war from that of
the younger generation, who say, 'I would rather a war break out rather
than keep living in this dire situation.'""However, some of the older
generations also criticize the authorities, wondering how they propose to
deal with a war without any food, fuel or reserve materials," she
adds.Another defector who came to the South in 2009 agrees. "Whenever I
call my family," he says, "they ask me whether or not the South really
wants to start a war.The authorities are always claiming that since the
South is acting ruthlessly towards them, they cannot stand it
anymore."Older Yangkang Province people tend to feel that they cannot take
another war during their lifetimes, he says.(Description of Source: Seoul
The Daily NK in English -- English website of "Th e Daily NK," which
specializes in North Korean affairs and is generally critical of the
North, published by NGOs such as the Network for North Korean Democracy
and Human Rights that is run by North Korean defectors; URL:
http://www.dailynk.com)

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88) Back to Top
ROK Ex-President Roh Said to Have Told Stories About 2d Inter-Korean
Summit
By Staff Reporter Kang Hyun-kyung: "Roh Told Stories Behind Second
Inter-Korean Summit" - The Korea Times Online
Monday June 14, 2010 14:51:23 GMT
(Description of Source: Seoul The Korea Times Online in English -- Website
of The Korea Times, an independent and moderate English-language daily
published by its sister daily Hanguk Ilbo from which it often draws
articles and translates into English for publication; URL:
http://www.koreatimes.co.kr)

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89) Back to Top
PRC Article Wary of ROK Explanation of Ship Sinking
To request additional processing, call OSC at (800) 205-8615, (202)
338-6735; or fax (703) 613-5735; or email: oscinfo@rccb.osis.gov. - Guoji
Xianqu Daobao
Monday June 14, 2010 15:35:07 GMT
(Description of Source: Beijing Guoji Xianqu Daobao in Chinese -- a weekl
y general affairs newspaper, "International Herald Leader," published by
Cankao Xiaoxi (Reference News); Cankao Xiaoxi is a publication of Chinas
official news agency Xinhua)Attachments:gjxqdb0402a.pdf

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90) Back to Top
Post-election Revamp - The Korea Times Online
Monday June 14, 2010 14:51:16 GMT
governing party's stunning setback in the local elections stressed the
need for President Lee Myung-bak (Yi Myo'ng-pak) to overhaul both his
personnel and policies.Yet correcting what's gone wrong halfway through
the presidency requires unusual wisdom and cou rage.Unfortunately, Lee's
nationally-televised address Monday showed he is lacking in both.

President Lee seemed to know what voters wanted: peace instead of war;
adherence to the former government's plan to ease congestion in Seoul; and
suspend or at least slow down the environmentally-risky dredging of four
major rivers.So he vowed to follow the decision of the National Assembly
concerning the new administrative town plan and reflect opponents' views
more on the river-restoration projects through better communication with
the people.It would have been far better if Lee retracted his revised plan
to build an education-science town and drastically scaled down the
river-improvement works.But the President made clear his recalcitrance to
give up the signature projects, saying the new business hub is a
long-range plan for Korea, while the river works will begin to benefit the
nation in just several years, like the Seoul-Busan expressway did decades
ago.In other words, he is not accepting the voters' verdict by itself but
just trying to avoid the brunt of election backlash by laying lower before
resuming them when the atmosphere changes.If the past two years of
governance is any guide, therefore, the governing camp will likely hold a
few perfunctory public hearings and focus on good publicity for "better
communication."Koreans remember too well that the President apologized to
the people not just once but twice at the peak of the candle-light vigil
two years ago and vowed to better communicate with the public.Two years
later when the popular uproar completely subsided, Lee sharply turned
around, calling for the people's penitence for the protest.Government
officials say they can never stop the river project as 4 trillion won
worth of taxpayer money has already been invested in it.But it is never
too late to readjust its tempo and scale, as it would save much more of
the 22-trillion won ($19 billion) project.Most regrettable of all in the
address was the government's North Korea policy or lack thereof.Calling
for a tighter defensive stance, President Lee said, "There can be no
political fight in matters of national security."No one can deny the
importance of the security issue, but it defies our understanding why the
chief executive should think different policies between different parties
as "political strife," trying to give the people the impression that any
opposition to his hard-line, confrontational policy would be harmful for
the nation.One of the unmistakable lessons from the June 2 elections was
people's uneasiness nearly fear of the Lee administration's pressuring of
North Korea, unaccompanied by corresponding defense preparedness, as the
sinking of the warship Ch'o'nan (Cheonan) demonstrated.Little wonder Lee
stopped short of making even a fleeting comment on the 10th anniversary of
the first inter-Korean summit today.What's really needed now is not a
political gesture but a genuinely fundamental change.Nothing less can
ensure the safety and prosperity of not just the administration but the
nation.(Description of Source: Seoul The Korea Times Online in English --
Website of The Korea Times, an independent and moderate English-language
daily published by its sister daily Hanguk Ilbo from which it often draws
articles and translates into English for publication; URL:
http://www.koreatimes.co.kr)

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91) Back to Top
ROK Defense Ministry To Offer Cultural Tours for US Soldiers
By Song Sang-ho: "U.S. Soldiers to Get Cultural Tours" - The Korea Herald
Online
Monday June 1 4, 2010 14:51:15 GMT
(Description of Source: Seoul The Korea Herald Online in English --
Website of the generally pro-government English-language daily The Korea
Herald; URL: http://www.koreaherald.co.kr)

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92) Back to Top
Survey of DPRK Youth in ROK Indicates Exposure to ROK Media in DPRK
By Kim Ji-hyun: "N. Koreans have access to S. Korean media: survey" - The
Korea Herald Online
Monday June 14, 2010 14:50:18 GMT
(Description of Source: Seoul The Korea Herald Online in English --
Website of the general ly pro-government English-language daily The Korea
Herald; URL: http://www.koreaherald.co.kr)

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93) Back to Top
Pyongyang Proposed Joint Seminar to Mark June 15 - The Korea Herald Online
Monday June 14, 2010 14:50:17 GMT
(Description of Source: Seoul The Korea Herald Online in English --
Website of the generally pro-government English-language daily The Korea
Herald; URL: http://www.koreaherald.co.kr)

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94) Back to Top
After 10 Years - The Korea Herald Online
Monday June 14, 2010 14:50:04 GMT
(Description of Source: Seoul The Korea Herald Online in English --
Website of the generally pro-government English-language daily The Korea
Herald; URL: http://www.koreaherald.co.kr)

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95) Back to Top
Guilt By Association - The Korea Times Online
Monday June 14, 2010 14:47: 33 GMT
Justice Ministry has made a belated but correct decision to protect the
Constitution.Article 13 of the basic law stipulates that no citizen shall
suffer unfavorable treatment on account of an act, not of his own, but of
a relative.

Last week, it barred law enforcement authorities, including the
prosecution, from making public or using as court evidence criminal
records of public security law violations of family members when a person
is indicted for breaking the same law.The announcement came in response to
a complaint by a woman activist indicted for participating in a
candlelight vigil against imports of American beef in 2008.In indicting
her, the prosecution said that her husband, a former legislator, and her
father also violated the same law.The prosecution submitted the family's
records to the court as evidence.The prosecution wrongly wanted the court
to mete out an additional penalty to her by associating h er with the
history of her husband and father.This is a clear violation of article 13
of the Constitution.Opposition lawmakers took issue with this last
October.Justice Minister Lee Kwi-nam (Yi Kwi-nam) accepted the complaint
and revised the regulations.From now on, state agencies will be prohibited
from using their family's criminal records to penalize an individual.The
court will not accept the information as evidence.Government agencies
will, however, will share information on the family's crime
records.Authoritarian President Cho'n Tu-hwan (Chun Doo-hwan)'s regime
introduced the rules to suppress dissidents in 1981.The regulations have
not been invoked since then but the prosecution abused the outdated rules
to penalize the woman.It is the right decision as the government has
removed regulations running counter to the Constitution.The government
should have scrapped the codes long before the issue came to light.The
abuse of the family criminal records is a clear associat ion fallacy.Guilt
by association is an appeal to the emotions.Can you say all Muslims are
bad because Al Qaida consists of Muslims?It is a misguided and hasty
generalization to classify a crime of an individual as an inherent crime
of the family members.Despite family ties, the Constitution protects the
integrity of individual family members.A father's crime should not burden
his children.Under the authoritarian regimes of Pak Cho'ng-hu'i (Park
Chung-hee) and Chun, you could not get employment in government posts if
your family members were linked to North Korea.They encountered visible
and invisible disadvantages, including restrictions on travelling
abroad.This practice was in fact exploited mostly to stifle dissidents and
activists who opposed the regime.Since the launch of the Lee Myung-bak (Yi
Myo'ng-pak) administration, international watchdog agencies, including
Amnesty International, have been critical of the human rights situation in
Korea.The government should heed the criticisms.A humble respect for the
advice is necessary not only for social cohesion but also to not tarnish
the image of the country.(Description of Source: Seoul The Korea Times
Online in English -- Website of The Korea Times, an independent and
moderate English-language daily published by its sister daily Hanguk Ilbo
from which it often draws articles and translates into English for
publication; URL: http://www.koreatimes.co.kr)

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96) Back to Top
South Korean NGO Casts Doubt on Cheonan - The Daily NK
Monday June 14, 2010 11:08:09 GMT
(THE DAILY NK) - The off ice of President Lee Myung-bak (Yi Myo'ng-pak)
has reacted with annoyance to news that a domestic NGO, People's
Solidarity for Participatory Democracy (PSPD), has sent a letter to the
chair of the present UN Security Council casting doubt on the results of
the Ch'o'nan (Cheonan) incident investigation, calling the action
"irritating and regrettable."

PSPD, a South Korean NGO which says it aims to encourage citizens to hold
their government to account across a broad left wing agenda, sent the
letter on the 11th to the UN representatives of Mexico.In the letter, the
writers suggested eight points of contention, insisting, among other
things that; the visible column of water seen by a soldier on the shore
was not persuasive; there was a lack of explanation about wounds to dead
and surviving sailors; and, no serious damage or explosive evidence was
found on the cut parts of the ship.Park Sun Gyu, a spokesperson for the
President, responded to the claims today, s aying, "The incident was
concluded with a scientific and objective investigation featuring
international experts and investigators."He added, "More than 50 countries
have sent us messages saying that they trust us. I really want to ask them
for what reason they did this at this moment."A spokesperson for the
Ministry of Foreign Affairs and Trade, Kim Young Sun added, "It is an
extremely regrettable act that hinders diplomatic efforts, to which our
administration has devoted itself, so that the UN Security Council can
take proper measures regarding the Ch'o'nan (Cheonan) incident. At a time
where the international community is dealing with the Ch'o'nan (Cheonan)
incident, it is important for our people to be united."South Korea will
host a briefing on the Ch'o'nan (Cheonan) incident at the UN on the 15th
to show Security Council members the evidence first hand.However, North
Korea also plans to hold a briefing to state its innocence on the same d
ay. Therefore, the administration is watching carefully whether or not the
document PSPD submitted to the Mexicans will be utilized by the North in
its briefing.In any case, officials in diplomatic and security departments
of the administration agree that this is tantamount to aiding the enemy,
and certainly is a stab in the back for the Lee administration.Other NGOs
agree, and have raised their voices to criticize the PSPD act.One, Crime
against Humanity Investigation Committee, released a statement criticizing
PSPD and calling the letter "terrorism against the ROK."Another, Right
Korea held a demonstration in front of the PSPD building, stating, "The
organization should be dismantled for its false claims." The president of
the organization, Bong Tae Hong reported that he is requesting a
prosecution investigation into the letter.(Description of Source: Seoul
The Daily NK in English -- English website of "The Daily NK," which
specializes in Nort h Korean affairs and is generally critical of the
North, published by NGOs such as the Network for North Korean Democracy
and Human Rights that is run by North Korean defectors; URL:
http://www.dailynk.com)

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97) Back to Top
Documentary Film Appreciated - KCNA
Monday June 14, 2010 11:04:04 GMT
Documentary Film Appreciated

Pyongyang, June 14 (KCNA) -- Korean documentary film "The Great Leader
Comrade Kim Jong Il Meets with President Kim Dae Jung" was screened at the
People's Palace of Culture on Monday.The film was appreciated by senior
state offi cials, chairpersons of friendly parties, officials of public
organizations, ministries and national institutions, members of the North
Side Committee for Implementing the June 15 Joint Declaration and the
North Headquarters of Pominryon and Pomchonghakryon, working people here.
It was also watched by the chief of the Pyongyang Mission of the
Anti-Imperialist National Democratic Front, Rev. Han Sang Ryol, a
pro-reunification figure of South Korea, overseas compatriots, diplomatic
envoys of various countries and members of the military attaches corps
here The film impressively shows that the north-south summit was provided
for the first time in the history of national division and the June 15
joint declaration was published under the seasoned and tested leadership
of Kim Jong Il who devoted his tireless efforts to realizing President Kim
Il Sung's instructions for national reunification.It contains scenes
showing Kim Jong Il warmly greeting Kim Dae Jung at the airport and sign
ing the joint declaration which reflects the aspiration and desire of all
the compatriots for achieving the sacred cause of reunification by the
concerted efforts of the nation.(Description of Source: Pyongyang KCNA in
English -- Official DPRK news agency. URL:
http://www.kcna.co.jp)Attachments:e6-14-611-16--doc.txt

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98) Back to Top
ROK Nominates Army Chief of Staff as New Chairman of Joint Chiefs of Staff
Updated version; upgrading precedence and replacing 0908 GMT version with
update provided by source at 0940 GMT and at 1044 GMT; Yonhap headline:
"Army chief tapped as new chairman of Joint Chiefs of Staff" - Yonhap
Monday June 14, 2010 11:04:01 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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99) Back to Top
ROK Nominates Army Chief of Staff as New Chairman of Joint Chiefs of Staff
Updated version; upgrading precedence and replacing 0908 GMT version with
update provided by source at 0940 GMT; Yonhap headline: "Army chief tapped
as new chairman of Joint Chiefs of Staff" - Yonhap
Monday June 14, 2010 10:45:42 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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100) Back to Top
Army Chief Tapped as New Chairman of Joint Chiefs of Staff - Yonhap
Monday June 14, 2010 09:19:22 GMT
Army chief tapped as new chairman of Joint Chiefs of Staff

SEOUL, June 14 (Yonhap) -- South Korea's defense ministry said Monday that
Army Chief of Staff Gen. Han Min-koo has been tapped as the new chairman
of the Joint Chiefs of Staff.Han, 57, will replace Gen. Lee Sang-eui, who
offered to retire Sunday amid a llegations that he neglected some of his
duties in handling North Korea's deadly torpedo attack on one of the
South's warships in March.The appointment of Han has to be approved by a
Cabinet meeting Tuesday.

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101) Back to Top
DPRK Party Organ Says IAEA Chief Makes 'Imbecile' Remarks on Nuclear Issue
KCNA headline: "IAEA Chief's Reckless Remarks Snubbed"; OSC is texting the
full vernacular version as first-referent item; Pyongyang Korean Central
Broadcasting Station in Korean is scheduled to broadcast the following at
0952 GMT on 14 June. - KCNA
Monday June 14, 2010 08:19:32 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)

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102) Back to Top
Delayed Psy Ops a Cause For Concern - The Daily NK
Monday June 14, 2010 08:03:20 GMT
(THE DAILY NK) - The pace of the resumption of psychological warfare
against North Korea, an important plank in South Korea's response to the
Ch'o'nan (Cheonan) incident, has slowed.

Originally, the South Korean military announced a wide-ranging plan for
psychological warfare through radio broadcasts, anti-regime lea flets,
loudspeaker broadcasts and electronic signboards.However, the only pledge
currently to have been fulfilled concerns FM radio broadcasts. All the
rest; leafleting, loudspeaker broadcasts and electronic signboards, have
been deferred or cancelled, ostensibly for timing reasons. However, some
suspect that a softening of South Korean will is behind the move.South
Korea's Minister of National Defense, Kim Tae Young announced on June 11th
that the overall process of psychological warfare was being put on hold.
He explained, "South Korea and the U.S. have agreed that the process
should start after UN Security Council measures have been taken. So,
psychological warfare is being put off."It should be noted that Russia
reportedly does not intend to announce the results of its own
investigation into the Ch'o'nan (Cheonan) incident before July, meaning
that the timing of the initiation of loudspeaker broadcasts cannot be
guaranteed, albeit that the main pieces of infras tructure are now in
place.In addition, the Ministry of National Defense is reviewing plans for
the operation of electronic signboards due to problems including
installation cost.The real reason why the military authorities appear to
be reticent to energetically pursue psychological warfare against North
Korea is assumed to be because of fears of increased military
tension.North Korea, which reacted sensitively to the announced resumption
of South Korean psychological warfare, sounded another warning in an
announcement in the name of the Bureau of the General Staff of the Chosun
People's Army on June 12th, mentioning a "sea of fire in Seoul" and
stating that, "As previously warned, military action will be taken on all
fronts to eliminate psychological warfare against the republic."However,
experts point out that, despite North Korean vitriol, firm measures by the
South Korean military are the best way to prevent additional provocations,
and therefore scali ng back the planned psychological warfare could prove
counterproductive.Kim Hee Sang, the Chairman of the Korea Institute for
National Security Affairs, explained in a phone interview with The Daily
NK on June 13th, "If psychological warfare against North Korea had started
according to the initial plan, it would have been effective; however, due
to delays it could now appear to be provocative. This appears to be the
reason for the current passive attitude."Kim went on, "Military measures
should have been planned for both the short and long term following the
Ch'o'nan (Cheonan) incident. If the current delay is not part of the long
and short term plan, it is something to be concerned about."(Description
of Source: Seoul The Daily NK in English -- English website of "The Daily
NK," which specializes in North Korean affairs and is generally critical
of the North, published by NGOs such as the Network for North Korean
Democracy and Human Rights that is run by North Korean defectors; URL:
http://www.dailynk.com)

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103) Back to Top
North Korea Undermining June 15 Spirit - The Daily NK
Monday June 14, 2010 08:07:24 GMT
(THE DAILY NK) - "North Korea denounces the South for its refusal to
implement the June 15 Joint Declaration, but the side which has eroded the
spirit of the Joint Declaration is North Korea, thanks to diverse
provocations such as the development and testing of nuclear weapons,
suspension of inter-Korean dialogue and passage between the two sides and,
in the end, the sinking of the Cheonan ," a spokesperson for the Ministry
of Unification told reporters this morning.

The Ministry spokesperson, Cheon Hae Sung was replying to a question about
the government's stance on the June 15 Joint Declaration in a regular
press briefing."North Korea denies the explicit evidence and scientific
results of the investigation into the incident, and has even defamed our
administration and threatened to 'turn Seoul into a sea of fire,'" Cheon
added."This shows clearly that North Korea has not changed at all in more
than ten years," he explained. "If North Korea has a sincere desire to
develop inter-Korean relations, it has to make the decision to give up
nuclear development and take measures to apologize for the Cheonan
incident and punish those officials responsible for it."Cheon further
reiterated that the existing South Korean stance on the June 15 Joint
Declaration and how to implement it through inter-Korean dialogue remains
unchange d.The Kim Dae Jung Peace Center has apparently invited Minister
of Unification Hyun In Taek to a 2000 Inter-Korean Summit 10th anniversary
commemorative event to be held on the 15th, but the Minister is reportedly
not planning to accept the invitation.He did not participate in the 9th
anniversary program either, due to executive appointments related to the
Kaesong Industrial Complex.(Description of Source: Seoul The Daily NK in
English -- English website of "The Daily NK," which specializes in North
Korean affairs and is generally critical of the North, published by NGOs
such as the Network for North Korean Democracy and Human Rights that is
run by North Korean defectors; URL: http://www.dailynk.com)

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104) Back to Top
Delayed Psy Ops a Cause For Concern
Updated version: Adding byline dropped by autorelease program; By Namgung
Min: "Delayed Psy Ops a Cause For Concern" - The Daily NK
Monday June 14, 2010 08:45:50 GMT
(Description of Source: Seoul The Daily NK in English -- English website
of "The Daily NK," which specializes in North Korean affairs and is
generally critical of the North, published by NGOs such as the Network for
North Korean Democracy and Human Rights that is run by North Korean
defectors; URL: http://www.dailynk.com)

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105) Back to Top
ROK Workers in Kaeso'ng Ask Government To Ease Travel Restrictions
Updated version: upgrading precedence, rewording headline, adjusting tags,
and adding refs; Yonhap headline: "S. Korean Workers in Kaesong Ask For
Easing of Restrictions" - Yonhap
Monday June 14, 2010 07:04:27 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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106) Back to Top
S. Korean Gov't Angry at Civic Group for Raising Doubts Over Warship
Sinking
Xinhua: "S. Korean Gov't Angry at Civic Group for Raising Doubts Over
Warship Sinking" - Xinhua
Monday June 14, 2010 07:29:49 GMT
S. Korean gov't angry at civic group for raising doubts over warship
sinking

SEOUL, June 14 (Xinhua) -- The South Korean government voiced anger Monday
at a civic group for sending a letter to the United Nations Security
Council questioning credibility of the probe into the sinking of a South
Korean warship.People's Solidarity for Participatory Democracy (PSPD), a
Seoul- based liberal civic group, raised doubts in its reports over the
results of the probe conducted by a multinational team of investigators,
which concluded in May that the Democratic People's Republic of Korea
(DPRK) torpedoed the corvette Cheonan, killing 46 sailors.After the
findings were released, Seoul formally began a process to refer the in
cident to the U.N. Security Council, seeking to muster up international
support for punishing Pyongyang, its wartime rival."It is a very
regrettable act that damages the government's diplomatic efforts," foreign
ministry spokesman Kim Young-sun told reporters in a briefing."When the
international community is dealing with the Cheonan incident, a grave
national security concern, I believe the public should appear united."The
presidential office Cheong Wa Dae also criticized the civic group, which
claimed the investigation left many critical questions unanswered,
including how exactly a DPRK submarine infiltrated into South Korean
waters. The group suggested in a statement that the government jumped to a
conclusion blaming Pyongyang for political gains."More than 50 countries
have shown their support for the probe findings. I want to ask what it is
that they really want," Cheong Wa Dae spokesman Park Sun-kyu said in a
briefing.Meanwhile, investiga tors from South Korea are set to brief in
New York the U.N. Security Council on the incident. The DPRK, which has
denied its role in the naval disaster, will be allowed to make its own
case before the Council, according to news reports.(Description of Source:
Beijing Xinhua in English -- China's official news service for
English-language audiences (New China News Agency))

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107) Back to Top
S. Korean Workers in Kaesong Ask For Easing of Restrictions - Yonhap
Monday June 14, 2010 06:31:56 GMT
Kaesong (Kaeso'ng) firms-petition

S. Korean workers in Kaesong ( Kaeso'ng) ask for easing of
restrictionsSEOUL, June 14 (Yonhap) -- South Korean workers at a joint
inter-Korean industrial site in Kaesong (Kaeso'ng), a North Korean border
city, have gathered hundreds of signatures asking the government to ease
travel restrictions imposed on them.According to South Korean firms at the
Kaesong (Kaeso'ng) Industrial Complex Monday, some 700 South Korean
workers signed a petition to urge Seoul to lift the quota on the number of
employees who can stay at the site. The workers argued that the
restriction had adverse effects on their day-to-day operations, and that
the quality of their products has been compromised.One worker there told
Yonhap News Agency that the petition will be submitted to the Unification
Ministry sometime this week. Two weeks ago, South Korean workers in
Kaesong (Kaeso'ng) also asked the government to soften the
restrictions.Last month, President Lee Myung-bak (Yi Myo'ng-pak) announced
that Seoul would suspend all inter-Kore an exchange after a multinational
probe concluded that North Korea was behind the sinking of the South
Korean warship Ch'o'nan (Cheonan) on March 26. Lee said the Kaesong
(Kaeso'ng) complex would be allowed to operate. But he halved the number
of South Koreans permitted to stay in Kaesong (Kaeso'ng) per day, out of
fear for their safety amid quickly deteriorating inter-Korean
relations.(Description of Source: Seoul Yonhap in English -- Semiofficial
news agency of the ROK; URL: http://english.yonhapnews.co.kr)

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108) Back to Top
Outgoing General Sues ROK Daily Over Report of Document Forgery
Updated version: rewording headline and replacing 0522 GM T version with
source-supplied 0600 GMT update, which "ADDS defense ministry officials in
final three paras"; Yonhap headline: "Outgoing General Sues Newspaper For
Libel Over Report of Document Manipulation" - Yonhap
Monday June 14, 2010 06:20:49 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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109) Back to Top
DPRK's KCNA cites Yonhap: ROK To Conduct Military Exercises 15-16 Jun
Updated version: upgrading precedence, rewording headline, adjusting tags,
and adding refs and KCBS information; Pyongyang Korean Central
Broadcasting Station (KCBS) in Korean carried the following as the 11th of
18 items in 1200 GMT newscast on 13 June; KCNA headline: "DPRK-targeted
War Exercises to Be Staged in S. Korea" - KCNA
Monday June 14, 2010 05:28:16 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)

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110) Back to Top
Outgoing General Sues Newspaper For Libel Over Report of Document
Manipulation - Yonhap
Monday June 14, 2010 05:33:18 GMT
top general-libel suit

Outgoing general sues newspaper for libel over report of document
manipulationSEOUL, June 14 (Yonhap) -- South Korea's top military officer
said Monday he filed a libel lawsuit against a newspaper for carrying a
report alleging he falsified a document to avoid responsibility for the
deadly sinking of a warship blamed on North Korea.The suit by Gen. Lee
Sang-eui, chairman of the Joint Chiefs of Staff, came a day after he
submitted his application for retirement amid criticism that he allegedly
neglected some of his duties when the 1,200-ton Ch'o'nan (Cheonan) was
attacked."Even after I retire, I will sternly deal with this matter," Lee
told reporters. "I filed the complaint in court today," he said, without
identifying the name of the newspaper that he says defamed him.Lee has
been accused of allegedly fabricating the document to show that he was
present in th e military's control and command center on the night of
March 26 when North Korea torpedoed the Ch'o'nan (Cheonan), killing 46
sailors.The top general admitted he was absent from the defense ministry's
command and control center for about three hours to take a rest on the
night.However, he strongly dismissed the allegation of document
manipulation, saying he took several measures by verbal order before
leaving the command center. After returning to the center, he signed the
document by adding additional measures."So, it is not true I manipulated
the document to pretend I was at the command and control center," Lee
said. "It was a normal procedure of adding orders."The allegation,
however, deepens people's mistrust on the military's response to the
Ch'o'nan (Cheonan) incident.Last week, state auditors found "many
problems" in the military's initial response to the attack, including a
failure to take necessary steps against a potential North Korea n torpedo
attack despite an earlier tip-off.Also, the Board of Audit and Inspection
criticized the military for delaying its initial report on the sinking to
top commanders and distorting key facts.The state authorities recommended
that a total of 25 defense ministry officials, including Lee and 22 senior
commanders, be reprimanded in connection with the sinking.A separate
multinational investigation concluded last month that a North Korean
submarine fired a torpedo and split the Ch'o'nan (Cheonan) in two near the
Yellow Sea border, significantly raising tensions on the Korean
Peninsula.(Description of Source: Seoul Yonhap in English -- Semiofficial
news agency of the ROK; URL: http://english.yonhapnews.co.kr)

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111) Back to Top
DPRK-targeted War Exercises to Be Staged in S. Korea - KCNA
Monday June 14, 2010 05:01:00 GMT
DPRK-targeted War Exercises to Be Staged in S. Korea

Pyongyang, June 14 (KCNA) -- It was announced that the First Corps of the
south Korean puppet army would stage large-scale exercises in the areas of
Koyang and Phaju, Kyonggi Province on June 15 and 16, according to the
South Korean Yonhap News.The puppet warmongers are planning to hurl all
troops of the corps and huge military equipment of various types into the
said DPRK-targeted war exercises, a drill allegedly to cope with
"infiltration" and "provocation" by someone.The Lee Myung-bak (Yi
Myo'ng-pak) group of traitors seeks to ignite a war at any cost while
escalating the inter-Korean confrontation as the days go by.(Description
of S ource: Pyongyang KCNA in English -- Official DPRK news agency. URL:
http://www.kcna.co.jp)Attachments:e6-14-611-05--doc.txt

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112) Back to Top
KCNA Carries DPRK Army's 12 Jun 'Proclamation' Against ROK Loudspeakers
Pyongyang Korean Central Broadcasting Station (KCBS) in Korean carried the
following as the second of two items in its 0300 GMT newscast on 12 June;
KCNA headline: "KPA General Staff Issues Crucial Declaration" - KCNA
Monday June 14, 2010 04:50:55 GMT
KPA General Staff Issues Crucial Declaration

Pyongyang, June 14 (KCNA) -- The Gen eral Staff of the Korean People's
Army on Saturday issued the following crucial declaration: The commander
of forces of the Korean People's Army in the central sector of the front
had already solemnly clarified internally and externally a firm stand of
the KPA that it would blow up with sighting shots loudspeakers and all
other means for a psychological warfare in case the group of traitors
resumes the psychological warfare against the DPRK in the areas along the
front.Defying this warning, the group of traitors hell-bent on the
confrontation with fellow countrymen is working with blood-shot eyes to
make preparations for resuming the all-out psychological warfare against
the DPRK at any cost.After Kim Thae Yong, puppet minister of Defence, had
declared the measure to resume the psychological warfare against the DPRK
in the wake of traitor Lee Myung Bak (Yi Myo'ng-pak, Ri Myong-bak)'s issue
of "a statement to the people" on May 24, the puppet army has already set
up loudspeakers for the psychological warfare at 11 places in areas along
the Military Demarcation Line and is stepping up its preparations to
install them at more than 30 places at the second phase and at 94 places
under a long-term plan.And it is also attempting to set up even electronic
displays at 11 places for the psychological warfare.Its attempt is a
flagrant violation of the historic June 15 joint declaration in which both
the north and the south made pledges before the entire nation and the
north-south military agreement worked out on its basis. This is, at the
same time, a hideous provocative act of infringing upon the dignity and
supreme interests of the DPRK.From a military point of view that a
psychological warfare is one of the basic operational forms for carrying
out a war the installing of such means for the above-said warfare is a
direct declaration of a war against the DPRK.Therefore, the revolutionary
armed forces of the DPRK will launch an all-out military strike to blow up
the group's means for the psychological warfare against the DPRK in all
areas along the front as already solemnly warned by the commander of
forces of the Korean People's Army in the central sector of the front.The
decisive military strike of the revolutionary armed forces of the DPRK is
not a tit-for-tat retaliation on the "principle of proportion" much touted
by the group of traitors.It should bear in mind that the military
retaliation of the DPRK is a merciless strike foreseeing even the turn of
Seoul, the stronghold of the group of traitors, into a sea of
flame.(Description of Source: Pyongyang KCNA in English -- Official DPRK
news agency. URL: http://www.kcna.co.jp)

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113) Back to Top
ROK Editorial Urges President Lee To Complete Military Reshuffle 'As Soon
As Possible'
Editorial: "Is The Military Ready to Deal With N.Korea?" - Chosun Ilbo
Online
Monday June 14, 2010 04:45:52 GMT
(Description of Source: Seoul Chosun Ilbo Online in English -- English
website carrying English summaries and full translations of vernacular
hard copy items of the largest and oldest daily Chosun Ilbo, which is
conservative in editorial orientation -- strongly nationalistic,
anti-North Korea, and generally pro-US; URL: http://english.chosun.com)

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114) Back to Top
ROK Editorial Says PRC Must Choose Between Supporting Peace or Terrorism
Editorial: "China Must Choose Between Supporting Peace Or Terrorism" -
Chosun Ilbo Online
Monday June 14, 2010 04:45:52 GMT
(Description of Source: Seoul Chosun Ilbo Online in English -- English
website carrying English summaries and full translations of vernacular
hard copy items of the largest and oldest daily Chosun Ilbo, which is
conservative in editorial orientation -- strongly nationalistic,
anti-North Korea, and generally pro-US; URL: http://english.chosun.com)

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115) Back to Top
DPRK's KCNA: Korean Group in Russia Issues Statement To Mark Inter-Korean
Declarations
KCNA headline: "Stand to Implement Inter-korean Declarations Reiterated" -
KCNA
Monday June 14, 2010 03:56:29 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)

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116) Back to Top
Activist Pastor 'Defies' Law To Visit DPRK
Unattributed article: "Leftwing Activist Defies Law to Visit N.Korea" -
Chosun I lbo Online
Monday June 14, 2010 03:26:14 GMT
(Description of Source: Seoul Chosun Ilbo Online in English -- English
website carrying English summaries and full translations of vernacular
hard copy items of the largest and oldest daily Chosun Ilbo, which is
conservative in editorial orientation -- strongly nationalistic,
anti-North Korea, and generally pro-US; URL: http://english.chosun.com)

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117) Back to Top
DPRK's KCNA: Czech Group Issues Statement Supporting 'Struggle for
National Reunification'
KCNA headline: "Korean People's Struggle For National Re unification
Supported" - KCNA
Monday June 14, 2010 03:51:27 GMT
(Description of Source: Pyongyang KCNA in English -- Official DPRK news
agency. URL: http://www.kcna.co.jp)

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118) Back to Top
ROK Says DPRK 'Breached' 15 Jun Joint Declaration
Updated version: upgrading precedence, rewording headline, adjusting tags,
and adding refs; Report by Yoo Jee-ho: "Seoul Accuses Pyongyang of
Violating Historic Joint Declaration" - Yonhap
Monday June 14, 2010 03:44:27 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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119) Back to Top
Seoul Accuses Pyongyang of Violating Historic Joint Declaration - Yonhap
Monday June 14, 2010 02:56:58 GMT
Seoul accuses Pyongyang of violating historic joint declaration

By Yoo Jee-hoSEOUL, June 14 (Yonhap) -- South Korea accused North Korea on
Monday of violating the historic joint declaration reached at the first
inter-Korean summit a decade ago with its series of provocative
actions.The Unification Minist ry said Seoul respects the June 15 Joint
Declaration, announced by then South Korean President Kim Dae-jung and
North Korean leader Kim Jong-il during their summit in 2000. When asked
about Seoul's stance on the declaration during Monday's press briefing,
ministry spokesman Chun Hae-sung said the South remains willing to
"resolve the issues surrounding implementation (of the declaration)
through inter-Korean dialogue.""We believe it's actually North Korea that
has breached the spirits of the joint declaration, through its nuclear
weapons development, nuclear tests, severance of inter-Korean dialogue and
the Cheonan sinking," Chun said. "If North Korea wants to improve the
inter-Korean relations, it would have to take some acceptable steps,
including apologizing for attacking the Cheonan and punishing responsible
individuals, or abandoning nuclear weapons development."The spokesman also
said North Korea's continuous denial of the multinational in vestigation
that incriminated Pyongyang for the Cheonan sinking and its recent threat
to turn Seoul into a "sea of flame" serve as clear proof that "North Korea
has not changed from 10 years ago."Chun added, "We urge North Koreans to
make a decision in regards to the implementation of the
declaration."Chun's words came a day ahead of the 10th anniversary of the
signing of the declaration, which outlined joint efforts to develop
inter-Korean relations and achieve peaceful reunification.North Korea has
also accused Seoul of "wantonly violating" the declaration. After the
South unveiled on May 24 a series of punitive measures against the North
for sinking the Cheonan, Pyongyang said Seoul was taking a "hideous
criminal act of totally denying and scrapping" the document.Amid quickly
deteriorating ties on the peninsula, Seoul has refused to grant its
citizens to travel to Pyongyang for the annual ceremony commemorating the
declara tion. But on Saturday, the North's state media reported that a
South Korean pastor, Han Sang-ryeol, arrived in Pyongyang to attend the
occasion. A Unification Ministry official said if this visit is confirmed,
Han's trip would be in clear violation of the national security law here.

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120) Back to Top
ROK President Vows To Review Policy Priorities, Reshuffle Cabinet
Updated version: replacing 14 June 0008 GMT version with source-supplied
0207 GMT update, which "UPDATES with Cheong Wa Dae [ROK Office of the
President] spokesman's briefing, political parties' response in last 13
paras"; replacing 2314 GMT version with source-supplied 14 Ju ne 0008 GMT
update, which "UPDATES throughout with Lee's remarks on N. Korea,
background, other details; RECASTS lead"; upgrading precedence, rewording
headline, adjusting tags, and adding refs and photo; Report by Lee
Chi-dong: "Lee Vows to Review Policy Priorities After Election Defeat";
For assistance with multimedia elements, contact the OSC Customer Center
at (800) 205-8615 or oscinfo@rccb.osis.gov. - Yonhap
Monday June 14, 2010 02:21:05 GMT
speech; Words on the top right of the screen read: "President Lee

Myung-bak's speech regarding current state affairs")

SEOUL, June 14 (Yonhap) -- Chastened by his governing party's crushing
defeat in the nationwide elections two weeks ago, President Lee Myung-bak
(Yi Myo'ng-pak) pledged Monday (14 June) to review policy priorities and
revamp his Cabinet system, but hinted at no change in his hard-lin e
stance on North Korea."I take seriously the public sentiment shown through
the elections this time," Lee said in a televised speech, breaking his
long silence on the results of the June 2 local elections widely seen as a
mid-term referendum on Lee's performance. "From now on, I will listen to
the voice of change the people want."The president said he will reshuffle
the presidential office, Cheong Wa Dae (ROK Office of the President), and
the Cabinet, as well as reset policy priorities as part of efforts to
strengthen his "centrist pragmatic campaign friendly to low-and
middle-income households.""I will reorganize Cheong Wa Dae (ROK Office of
the President) and the Cabinet more effectively and draw up a line-up to
be suitable for it," he added.He fell short of specifying a timeline for
his plans, while Cheong Wa Dae (ROK Office of the President) insiders said
the sweeping change of senior presidential secretaries is expected to be
mad e next month. They said a relatively large-scale Cabinet shake-up will
be conducted after the parliamentary by-elections slated for July 28.On
his controversial push to create a business hub in the central city of
Sejong instead of an originally proposed administrative town, Lee hinted
at the so-called exit strategy."I ask the National Assembly to decide on
the issue," he said, demanding lawmakers vote on the revision bill during
the extraordinary parliamentary session this month."The government will
respect a decision made by the National Assembly through voting," he
said.Chances are high that the bill will be voted down as even dozens of
ruling party lawmakers are opposed to it.But Lee made clear a plan to
press ahead with another contentious national project to restore the
country's four major rivers, even though he promised more efforts to
collect public opinions.The government launched the 22-trillion-won (US$19
billion) project last November to clea n and refurbish the four rivers --
the Han, Nakdong, Geum, and Yeongsan -- in a bid to help prevent floods
and attract tourists. Critics say it would only devastate the environment
and ecosystem.The speech represented an effort to recast Lee's presidency
as it nears a turning point, but heralded no shift in his tough stance
toward North Korea that is accused of torpedoing and sinking a South
Korean naval ship in March, killing 46 sailors."All of the other things
may become a subject of political fight but national security can't be
that," he said. Similar incidents can happen any time if South Korea and
the international community fail to deal sternly with the communist
regime's wrongdoings, he added.The Grand National Party (GNP), which holds
a majority in the National Assembly, won only six of the 16 mayoral and
gubernatorial posts up for grabs in the elections. It also lost many of
the races to select the heads of local education boards and members of
local coun cils.The main opposition Democratic Party (DP) has been
stepping up a political offensive against the Lee government, demanding a
full-scale reorganization of the Cabinet that will affect Prime Minister
Chung Un-chan (Cho'ng Un-ch'an) and many Cabinet members.Reform-minded GNP
officials, mostly first-term lawmakers, have also called for the president
to replace key Cheong Wa Dae (ROK Office of the President) officials,
saying it is a way to win back voters. Media here portrayed it as a feud
between the ruling party lawmakers and top Cheong Wa Dae (ROK Office of
the President) secretaries.The president said he is still contemplating
details of how to operate his government in the latter half of his
five-year presidency.Chief presidential spokesman, Yi Tong-kwan (Lee D
ong-kwan), said as the president has just unveiled the principles for
fresh leadership, he needs some more time to make a concrete
decision."President Lee is looking for appropriate figures. Especially, he
is considering tapping many of younger-generation figures, for instance,
those aged between the mid-40s and the early 50s," the spokesman told
reporters at a press briefing later.The president is expected to elaborate
on his new policy plan when he delivers his Independence Day speech on
Aug. 15 to commemorate Korea's liberation from Japan's colonial rule,
according to the spokesman. Lee's tenure ends in February 2013.The
spokesman pointed out the government had placed more weight on national
security since the sinking incident but it now plans to refocus on
centrist and pragmatic policy.The government will pursue a "two-track
approach" toward national security and other national agendas, he
said.Meanwhile, Lee's speech drew a typically mixed response from
political rivals.The DP criticized the president for sticking to what it
called a high-handed stance."An immediate accommodation of public
sentiment is to benefit the Lee administration and what the peo ple want
and expect," DP chairman Chung Sye-kyun (Cho'ng Se-kyun) said in a meeting
of top party officials. "But President Lee is maintaining a negligent and
irresponsible attitude on public sentiment reflected in the local
elections."Chung urged the president to retract the new Sejong City plan
himself rather than passing the responsibility to lawmakers.The ruling GNP
said, however, "The president's address reflects all demands that emerged
from the party.""We had better give time for the president to think more
about them," he said during a party meeting

(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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121) Back to Top
More Than Half of Young DPRK Escapees Watched ROK TV Programs in DPRK
Updated version: rewording headline, adjusting tags; Unattributed report:
More Than Half of Young N.K. Defectors Watched S. Korean TV Programs: Poll
- Yonhap
Monday June 14, 2010 02:41:48 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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122) Back to Top
ROK, DPRK To Address UN Security Council Over Ship Sinking
Yonh ap headline: "South, North Korea to Address U.N. Security Council
Over Ship Sinking" - Yonhap
Monday June 14, 2010 01:22:04 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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123) Back to Top
NK Threatens to Make Seoul `Sea of Flames` - Dong-A Ilbo Online
Monday June 14, 2010 01:22:04 GMT
(DONG-A ILBO) - North Korea has threatened to turn Seoul into a "sea of
flames" for the first time in 16 years and destroy South Korea's
propaganda loudspeakers along the Demilitarized Zone.

The South's military completed installing propaganda loudspeakers last
week at 11 places along the inter-Korean border to resume psychological
warfare against the North as part of retaliation for Pyongyang's sinking
of the South Korean naval ship Cheonan.

The General Staff of the (North) Korean People's Army said a "stern
military strike" on the loudspeakers will not be a one-to-one response
under the " principle of proportions" championed by Seoul's "traitorous
group." The North Korean military said the South should bear in mind that
military retaliation is a "merciless strike foreseeing even the turning of
Seoul, the stronghold of the group of traitors, into a sea of flames."

Calling the South's installation of psychological warfare equipment a "
direct declaration of war" against the North, the Gener al Staff
threatened an all-out military strike to eliminate the means of
psychological warfare means on all fronts.

The North first made the "sea of flames" threat at inter-Korean
working-level talks in March 1994, prompting Seoul to specify Pyongyang as
its " main enemy" in a national defense whitepaper.

In the wake of the latest threat, the South Korean military strengthened
its alert posture along the inter-Korean border. An official at the Joint
Chiefs of Staff in Seoul said the North's military has shown no unusual
signs, but that South Korea and the U.S. are fully operating their
intelligence networks to monitor any movement.

(Description of Source: Seoul Dong-A Ilbo Online in English -- English
website carrying English summaries and full translation of vernacular hard
copy items of the second-oldest major ROK daily Dong-A Ilbo, which is
conservative in editorial orientation -- generally pro-US, anti-North
Korea; URL: http://eng lish.donga.com)

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124) Back to Top
No Tolerance For Pro-DPRK Groups - Dong-A Ilbo Online
Monday June 14, 2010 00:57:56 GMT
(DONG-A ILBO) - North Korea and pro-North groups in South Korea have
blatantly rattled Seoul since the June 2 local elections. At a time when
President Lee Myung-bak's office, administration and the ruling Grand
National Party are reeling from their election defeat, pro-North groups
are acting as if the whole world is theirs. The ruling camp is in charge
of national security and seems to be under siege from both Koreas, raising
fears over ho w it can rescue the country from crisis and protect national
identity.

Though Seoul has banned South Koreans from visiting the North except for
the Kaesong industrial complex and the Mount Kumgang resort area, the Rev.
Han Sang-ryeol, a South Korean standing adviser to the People's Solidarity
for Social Progress, a pro-Pyongyang group, defied the ban and made an
illegal visit Saturday to the North, which praised him as a
pro-reunification figure from the South.

Considering the North's past behavior and the nature of the group, the
formation of such a combined front is nothing new. When the North faced a
political crisis in the wake of the communism's collapse the late 1980s,
it invited pro-Pyongyang activists, such as including the Rev. Moon
Ik-hwan and university student Im Soo-kyung, to instill a reunification
fantasy into them and shake South Korean society. With Pyongyang cornered
by Seoul and the international community due to its torpedo attack on the
Che onan, it is performing another show by inviting a pro-North Korean
activist from the South.

The goal of Han and his group seems to be toppling the Republic of Korea.
Founded in 2007, the group is a typical pro-North left-wing organization
that holds ceremonies for North Korean spies and guerillas as well as
praise North Korean dictator Kim Jong Il's military-first policy by
quoting the Rodong Sinmun, the official daily of the ruling North Korean
Workers' Party. Oh Jong-ryeol, a standing chairman of the committee on the
group's foundation, urged the eradication of neo-liberalism and capitalism
"to liberate the people." The group also played a leading role in the
anti-U.S. beef protests of May 2008. The pastor was often seen at the
forefront of such rallies.

The North Korean military said Saturday that it will launch an all-out
military strike to eliminate South Korea's means of psychological warfare,
showing its intention to shake up the South.

Calls are mounting for a change in President Lee Myung-bak's
administration after the ruling Grand National Party's defeat in the June
2 local elections. While changes are necessary, the president and the
ruling party should not make the mistake of being opportunistic as to
undermine the country's identity, which can be swayed helplessly by the
North and pro-North groups. Whoever shakes up the country should never be
tolerated.

People took to the streets across Seoul Saturday to cheer for the national
soccer team in its opening World Cup Group B match against Greece. Like
air, it is easy to forget the importance of freedom and national security.
If those who attempt to shake the country's identity and system are left
alone, it will be impossible to live in a nation where the Red Devil
soccer fans can cheer.

(Description of Source: Seoul Dong-A Ilbo Online in English -- English
website carrying English summaries and full translation of vernacular hard
copy items of the second-oldest major ROK daily Dong-A Ilbo, which is
conservative in editorial orientation -- generally pro-US, anti-North
Korea; URL: http://english.donga.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

125) Back to Top
Progressive Activist Han Breaks North Travel Ban - JoongAng Daily Online
Monday June 14, 2010 00:43:49 GMT
(JOONGANG ILBO) - A progressive South Korean activist has traveled to
Pyongyang in what appears to be the first violation of Seoul's recent ban
on exchanges with North Korea.

The North's state-run media Korean Central News Agency reported that the
Rev. Han Sang-ryeol arrived in Pyongyang on Saturday to attend the 10th
anniversary ceremony of the first inter-Korean summit in 2000. An
Kyong-ho, a senior North Korean official in charge of the event, greeted
Han as he arrived at Pyongyang.Shortly after his arrival, Han issued a
statement saying that he risked his life to travel to Pyongyang for the
two Koreas' unification, the news report said.Han appeared to have flown
from Beijing.The Unification Ministry said yesterday that the government
had not granted Han permission to visit the North. Since May 24, all South
Koreans have been barred from visiting destinations in North Korea other
than Kaesong Industrial Complex and Mount Kumgang resort, as part of the
South's response to the North's torpedo attack on the South's warship
Cheonan on March 26.Han is the first person to have violated the ban, the
ministry said, and faces punishment upon his return.Han, 60, a well-known
activist and a pastor, is a co-founder of the Korea Alliance for Prog
ressive Movement, established in September 2007. He is one of the nation's
most famous activists, and was one of the main instigators of the
anti-government protests that demanded the withdrawal of U.S. military
forces from Korea.Police investigated Han for staging violent street
demonstrations without authorization two years ago after he helped
organize rallies against the Lee Myung-bak administration over its
decision to reopen the Korean market to U.S. beef.(Description of Source:
Seoul JoongAng Daily Online in English -- Website of English-language
daily which provides English-language summaries and full-texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder . Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

126) Back to Top
Pyongyang Threatens 'sea of Fire' - JoongAng Daily Online
Monday June 14, 2010 00:43:48 GMT
(JOONGANG ILBO) - The South Korean military beefed up security alerts
yesterday, a day after North Korea again threatened to turn the South into
a "sea of fire."

The threat - which has been heard before in Pyongyang's hostile rhetoric -
followed South Korea's installation of 11 loudspeakers along the military
border.The installation is the first step in a plan that may see the
resumption of radio propaganda broadcasts for the first time since
2004.The North's Korean Central News Agency said on Saturday "the attempt
to resume the psychological warfare" is tantamount to a " ;full-out war
declaration," that will bring about "military attacks on all battle
fronts.""Our military attack will not be a proportional one-on-one
response but a merciless attack that can involve turning Seoul into a sea
of fire," the North's state mouthpiece said.A South Korean military
official who asked for anonymity, however, said, "We haven't found any
unusual movements so far. But we are operating more surveillance equipment
through the military border and putting in more officers for border
monitoring."Pyongyang has not threatened a "sea of fire" since North
Korean senior official Park Young-soo used the phrase during inter-Korean
talks in 1994, unnerving many South Koreans who were relatively immune to
hostile rhetoric from the North.Military tensions between the Koreas have
escalated since the Cheonan warship was destroyed by a torpedo on March
26, killing 46 Navy sailors. A multinational investigation has concluded
the North was behind the attack.(Description of Source: Seoul JoongAng
Daily Online in English -- Website of English-language daily which
provides English-language summaries and full-texts of items published by
the major center-right daily JoongAng Ilbo, as well as unique reportage;
distributed as an insert to the Seoul edition of the International Herald
Tribune; URL: http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

127) Back to Top
ROK President Vows To Review Policy Priorities, Reshuffle Cabinet
Updated version: replacing 2314 GMT version with source-supplied 14 June
0008 GMT update, which "UPDATES throughout with Lee's remarks on N. Korea,
background, othe r details; RECASTS lead"; upgrading precedence, rewording
headline, adjusting tags, and adding refs and photo; Report by Lee
Chi-dong: "Lee Vows to Review Policy Priorities After Election Defeat";
For assistance with multimedia elements, contact the OSC Customer Center
at (800) 205-8615 or oscinfo@rccb.osis.gov. - Yonhap
Monday June 14, 2010 00:37:42 GMT
speech; Words on the top right of the screen read: "President Lee

Myung-bak's speech regarding current state affairs")

SEOUL, June 14 (Yonhap) -- Chastened by his governing party's crushing
defeat in the nationwide elections two weeks ago, President Lee Myung-bak
(Yi Myo'ng-pak) pledged Monday (14 June) to review policy priorities and
revamp his Cabinet system, but hinted at no change in his hard-line stance
on North Korea."I take seriously the public sentiment shown through the
elections thi s time," Lee said in a televised speech, breaking his long
silence on the results of the June 2 local elections widely seen as a
mid-term referendum on Lee's performance. "From now on, I will listen to
the voice of change the people want."The president said he will reshuffle
the presidential office, Cheong Wa Dae (ROK Office of the President), and
the Cabinet, as well as reset policy priorities as part of efforts to
strengthen his "centrist pragmatic campaign friendly to low- and
middle-income households.""I will reorganize Cheong Wa Dae (ROK Office of
the President) and the Cabinet more effectively and draw up a line-up to
be suitable for it," he added.He fell short of specifying a timeline for
his plans, while Cheong Wa Dae (ROK Office of the President) insiders said
the change of senior presidential secretaries is expected to be made next
month. They said the Cabinet shake-up will be conducted after the
parliamentary by-elections slated for July 28.On his controversial push to
create a business hub in the central city of Sejong instead of an
originally proposed administrative town, Lee hinted at the so-called exit
strategy."I ask the National Assembly to decide on the issue," he said,
demanding lawmakers vote on the revision bill during the ongoing
parliamentary session."The government will respect a decision made by the
National Assembly through voting," he said.Chances are high that the bill
will be voted down as even dozens of ruling party lawmakers are opposed to
it.But Lee made clear a plan to press ahead with another contentious
national project to restore the country's four major rivers, even though
he promised more efforts to collect public opinions.The government
launched the 22-trillion-won (US$19 billion) project last November to
clean and refurbish the four rivers -- the Han, Nakdong, Geum, and
Yeongsan -- in a bid to help prevent floods and attract tourists. Critics
say it w ould only devastate the environment and ecosystem.The speech
represented an effort to recast Lee's presidency as it nears a turning
point, but heralded no shift in his tough stance toward North Korea that
is accused of torpedoing and sinking a South Korean naval ship in March,
killing 46 sailors."All of the other things may become a subject of
political fight but national security can't be that," he said. Similar
incidents can happen any time if South Korea and the international
community fail to deal sternly with the communist regime's wrongdoings, he
added.The Grand National Party (GNP), which holds a majority in the
National Assembly, won only six of the 16 mayoral and gubernatorial posts
up for grabs in the elections. It also lost many of the races to select
the heads of local education boards and members of local councils.The main
opposition Democratic Party has been stepping up a political offensive
against the Lee government, demanding a full-scale reorganiz ation of the
Cabinet that will affect Prime Minister Chung Un-chan (Cho'ng Un-ch'an)
and many of Cabinet members.Reform-minded GNP officials, mostly first-term
lawmakers, have also called for the president to replace key Cheong Wa Dae
(ROK Office of the President) officials, saying it is a way to win back
voters.The president said he is still contemplating details of how to
operate his government in the latter half of his five-year presidency.He
is expected to elaborate on his new policy plan when he delivers his
Independence Day speech on Aug. 15 to commemorate Korea's liberation from
Japan's colonial rule. Lee's tenure ends in February 2013.

(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, U S Dept. of
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128) Back to Top
More Than Half of Young N.K. Defectors Watched S. Korean TV Programs: Poll
- Yonhap
Monday June 14, 2010 00:57:56 GMT
NK defectors-S Korean broadcast

More than half of young N.K. defectors watched S. Korean TV programs:
pollSEOUL, June 14 (Yonhap) -- More than half of North Korean teenage
defectors viewed South Korean movies and dramas when they were in the
communist country, a survey said Monday.According to the survey conducted
last month by Yoon Sun-hee, a professor for Hanyang University, 79 of 140
students, or 56 percent, in Hangyeore Middle and High School said they
watched South Korean films and TV programs in North Korea.North Korea
reportedly strictly bans its people from viewing South Korean broadcasts
and films.Hangyeore, loc ated in Anseong, 77 kilometers south of Seoul, is
a school for North Korean defectors founded in 2006.Among the respondents,
57 students said they saw South Korean movies on DVD and 43 claimed to
have watched videotaped dramas, while 15 watched broadcasts on TV, the
survey showed.It did not say how the students had obtained the South
Korean DVDs and videos, or gained access to the broadcasts.Forty students
said they could see the South Korean programs whenever they wanted and
five watched them everyday, when asked how often they had seen the banned
films.The survey also showed that 21 teenagers said they had watched the
programs once a month, six said once a year, while seven students
experienced the South Korean material only once during their lifetimes in
North Korea.According to the survey, most of them said South Korean films
and dramas were "interesting," although they had to view them secretly in
the reclusive country."It's hard to make generalizations b ut the results
are surprising," said Prof. Yoon. "The result itself indicates that North
Korea is more open than we expected.""The study shows that North Korean
teenagers tend to protest against the regime and also enjoy their lives,"
she added.Some 125 respondents were living near the North Korea-China
border, while 15 others were living closer inland, including
Pyongyang.(Description of Source: Seoul Yonhap in English -- Semiofficial
news agency of the ROK; URL: http://english.yonhapnews.co.kr)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

129) Back to Top
Seoul Set to Present Evidence At UN - JoongAng Daily Online
Monday June 14, 2010 00:37:50 GMT
(JOONGANG ILBO) - Seoul diplomats are waiting to see whether China and
Russia will attend today's UN Security Council briefing at which South
Korea will present its evidence that North Korea attacked and sank the
Cheonan warship on March 26 - the first step to garnering international
support to reprimand Pyongyang.

South Korean officials and foreign experts who took part in the monthlong
investigation into the cause of the disaster will present their evidence
to the 15 member countries of the Security Council at United Nations
headquarters in New York today.The South has struggled to earn
international support to officially reprimand Pyongyang, but its efforts
have been met with lukewarm responses from Beijing and Moscow - permanent
members of the UN Security Council and allies of North Korea.According to
a senior Seoul diplomat yesterday, Claude Heller, the president of the
Security Council and M exican ambassador to the UN, said that China has
agreed to at least the schedule of the briefing, which will begin at 3
p.m. New York time.Some 10 South Korean military officials and experts,
along with experts from the United States, Britain, Canada, Australia and
Sweden, will present the evidence they have collected to the council
member countries and answer their questions. Park In-kook, South Korea's
ambassador to the United Nations, will also attend the briefing."The UN
Security Council's discussion (on the issue) begins with the investigative
team's briefing," said a senior South Korean government official who asked
for anonymity.Discussions at the UN Security Council are comprised of
formal meetings and informal consultations. Today's briefing is considered
an "interactive dialogue" that will help set the tone of the upcoming
meetings and consultations. "We think that there will likely be one formal
meeting this week, which will be an importan t turning point to set the
tone (of the discussions) down the road," said the official.Seoul's
immediate goal is getting the UN Security Council to address the attack in
as strong terms as possible, whether by an official resolution or
less-binding presidential statement.Washington has backed Seoul's efforts
for a "unified voice" against Pyongyang, while Russia and Beijing have
shown less enthusiasm.Russia, which sent its own blast and submarine
experts to Seoul earlier this month to review the results of the South
Korean investigation, is expected to make its own conclusion in July,
according to a senior Kremlin official quoted by Russian news agency RIA
Novosti.China, which has deep economic and political ties with both
Koreas, is in a trickier position, juggling growing pressure from Seoul to
join criticism of Pyongyang and risking political tensions with the
neighboring North. According to senior Seoul officials, Beijing is worried
that allowing the UN cou ncil to reprimand Pyongyang would backfire,
causing turbulence in Northeast Asia.(Description of Source: Seoul
JoongAng Daily Online in English -- Website of English-language daily
which provides English-language summaries and full-texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

130) Back to Top
Fewer Interested in Studying Overseas
Unattributed article from the "Taiwan" page: "Fewer Interested in Studying
Overseas" - The China Post Online
Tuesday June 15, 2010 03:03:14 GMT
PAGE:

http://www.chinapost.com.tw/taiwan/national/national-news/2010/06/15/260722/Fewer-interested.htm
http://www.chinapost.com.tw/taiwan/national/national-news/2010/0
6/15/260722/Fewer-interested.htm

TITLE: Fewer interested in studying overseasSECTION: TaiwanAUTHOR:PUBDATE:
2010-06-15(CHINA POST) - TAIPEI, Taiwan -- The international
competitiveness of Taiwan's next generation is on the line as less and
less young people are studying overseas, the head of an international
education association said yesterday.

Taiwanese students are also trailing their mainland Chinese and South
Korean counterparts in the Scholastic Assessment Tests (SAT), the
standardized entrance exams for U.S. colleges, according to Chang
Heng-jui, director-general of the Chinese Cross-strait International
Education Exchange Association.

Due to the economic slump, Taiwan ese parents are having second thoughts
on sending their children overseas, Chang said in a seminar on the trend
on studying abroad in the U.S.

In one case, a student had to reject an offer from an American college
because the parents needed the money for stock investments.

On the other hand, parents in South Korea and mainland China are more
willing to support their children, he remarked.

It was not uncommon for Taiwanese students to score the perfect 800 on
Math SAT, but in recent years it would be nice for graduates from some of
the island's best high schools to get 700, Chang said. He attributed the
drop in performance partly to the education reform, which had made high
school math and physics easier.

Chang believed Taiwan has "reached the bottom" in the numbers of students
abroad. However, figures provided by the Ministry of Education's Bureau of
International Cultural and Educational Relations (BICER) do not show a
declining trend. According to BICER statistics, 33,339 Taiwanese people
obtained overseas student visas in 2009. The number is lower than the
37,800 of the previous year but is slightly above the 10-year average. The
same can be said of the number of 15,594 Taiwanese nationals obtaining
student visas in the U.S. last year.

In fact, 2008 saw the highest number of Taiwanese nationals getting
overseas student visas both internationally and in the U.S. in
particular.(Description of Source: Taipei The China Post Online in English
-- Website of daily newspaper which generally supports the pan-blue
parties and issues; URL: http://www.chinapost.com.tw)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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131) Back to Top
Taiwan Now in 1st Tier in TIP Report
Unattributed article from the "Taiwan" page: "Taiwan Now in 1st Tier in
TIP Report" - The China Post Online
Tuesday June 15, 2010 03:03:13 GMT
PAGE:

http://www.chinapost.com.tw/taiwan/national/national-news/2010/06/15/260709/Taiwan-now.htm
http://www.chinapost.com.tw/taiwan/national/national-news/2010/0
6/15/260709/Taiwan-now.htm

TITLE: Taiwan now in 1st tier in TIP reportSECTION: TaiwanAUTHOR:PUBDATE:
2010-06-15(CHINA POST) - TAIPEI, Taiwan -- Taiwan has improved
substantially in preventing human trafficking, protecting victims of
trafficking and prosecuting traffickers, according to a U.S. State
Department report released yesterday, which ranked Taiwan among the Tier 1
countries in fighting trafficking.

According to the Trafficking in Persons Report (TIP) 2010, tier 1
countries are the governments tha t "fully comply with minimum standards
of the elimination of trafficking" as defined by the U.S. Trafficking
Victims' Protection Act (TVPA). Taiwan, which was ranked a tier 2 country
last year, and South Korea are the only two Asian countries included that
got a tier 1 ranking.

Minister of the Interior Jiang Yi-huah pointed out that the efforts by the
government on trafficking prevention, victim protection and trafficker
prosecution are implemented under President Ma Ying-jeou's vision of human
rights as a pillar of Taiwan's development. It is the pride of the
Taiwanese people that the nation has achieved top notch results in
combating trafficking, Jiang said.

The report praised Taiwan for "greatly improved efforts to identify and
protect victims of trafficking." According to the TIP, Taiwan identified
329 trafficking victims and provided them with work permits during the
reporting period, thereby enabling them to "earn income while ass isting
in the prosecution of their traffickers."

The report highlighted efforts by Taiwan's National Immigration Agency
(NIA) to set up two shelters for victims last year in partnership with
non-governmental organizations as well as the cooperation between the NIA,
the Council of Labor Affairs (CLA) and NGOs to provide support services to
the victims.

Taiwan also made "progress in anti-trafficking law enforcement," according
to the report, pointing out in particular the coming into effect of the
Human Trafficking and Prevention Control Act in June 2009.

NIA's Director-General Hsieh Li-kung expressed his appreciation of the
TIP's recognition. The agency will continue its work on identifying and
helping human trafficking victims as well as educating the public on human
trafficking under the responsibilities prescribed by the Human Trafficking
and Prevention Control Act, he added.

The report recognized Taiwan's lack of "formal dip lomatic relations with
source country government" and its incapability to join" regional forums
and international organizations" as elements that hampered the island's
efforts to prevent trafficking.

In its list of recommendations, the report suggested that Taiwan should
extend protections of workers to all categories, continue its current
efforts on tackling trafficking, enhance funding mechanisms for victim
protection programs and boost the number of foreign language translators
for shelters and hotline staff, etc.(Description of Source: Taipei The
China Post Online in English -- Website of daily newspaper which generally
supports the pan-blue parties and issues; URL:
http://www.chinapost.com.tw)

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source cited. Permission for use must be obtained from the copyright
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Commerce.

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S. Korea, Turkey Agree to Expand Brotherly Ties - Yonhap
Tuesday June 15, 2010 02:35:52 GMT
S Korea-Turkey summit

S. Korea, Turkey agree to expand brotherly tiesBy Lee Chi-dongSEOUL, June
15 (Yonhap) -- South Korea and Turkey agreed Tuesday to step up
"substantial cooperation" in the energy, construction and defense
industries as the so-called brother countries are working toward a nuclear
power plant deal and reviewing the feasibility of a free trade agreement
(FTA).In their summit here, President Lee Myung-bak (Yi Myo'ng-pak) and
his Turkish counterpart Abdullah Gul expressed satisfaction over the
constant development of their time-honored alliance since the
establishment of diplomatic ties in 1957, according to Lee's office,
Cheong Wa Dae (ROK Office of the President)."The leaders agreed to make
efforts to expand substantial cooperation in various fields, including the
promotion of trade, investment and a South Korea-Turkey FTA, as well as
partnerships in energy, construction, defense industries and cultural
exchanges," Cheong Wa Dae (ROK Office of the President) said in a press
release.Gul arrived in Seoul on Monday for a three-day trip, his first
visit to South Korea since taking office in 2007.After the summit talks,
South Korea and Turkey signed a government-level memorandum of
understanding (MOU) on cooperation for the building of two power plants in
Turkey's northern region of Sinop."The MOU marks the first
government-level expression of the will to cooperate on it," Yoon
Sang-jik, senior secretary for knowledge economy at Cheong Wa Dae (ROK
Office of the President) said. "It means the first concrete step toward a
deal."Yoon said that should a related process go smoothly, South Korea is
expected to strike a comm ercial agreement with Turkey on the construction
of two nuclear power plants in Sinop in late 2011.South Korea joined a
club of nuclear energy exporters last year by forging a US$20-billion deal
with the United Arab Emirates (UAE) to build four nuclear reactors
there.The talk of a nuclear reactor deal between South Korea and Turkey
reflects their close relationship that dates back to the 1950-53 Korean
War.Turkey dispatched 15,000 troops to aid in South Korea's fight against
the invading North.South Korea and Turkey are widely dubbed "brother
countries," mainly due to Turkey's role in the war and close relations
between their ancient kingdoms(Description of Source: Seoul Yonhap in
English -- Semiofficial news agency of the ROK; URL:
http://english.yonhapnews.co.kr)

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Commerce.

133) Back to Top
S. Korea Refutes Claims That Premature Fairing Release Caused Rocket Crash
- Yonhap
Monday June 14, 2010 11:04:02 GMT
S Korea-rocket failure

S. Korea refutes claims that premature fairing release caused rocket
crashSEOUL, June 14 (Yonhap) -- South Korea's state-run aerospace
institute refuted claims Monday that premature ejection of fairings or
rocket separation caused South Korea's Naro-1 to fail during takeoff last
week.The Korea Aerospace Research Institute (KARI) said images and
telemetry data received during ascent showed there was no separation of
the first- and second-stage rockets, nor was the fairing assembly
ejected.The two-stage space rocket, also called the Korea Space Launch
Vehicle-1 (KSLV-1), blasted off from the Naro Sp ace Center off the
country's south coast at 5:01 p.m. Thursday, but ground controllers lost
contact with the rocket 137 seconds into the flight at an altitude of 70
kilometers.The statement comes after some Russian media reports citing NPO
Energomash sources hinted that the South Korean-made flight control system
that controls the fairing assembly release and second-stage rocket may
have malfunctioned or come online too quickly. NPO Energomash manufactured
the first-stage rocket."South Korea's flight control system was not in
operation at the time of the explosion that caused all ground
communications to be lost with the Naro-1," KARI stressed.It said judging
by Seoul's data, including a video image of a bright flash of light
happening around the time communications was lost, the Naro-1 was in
trouble before the first-stage rocket sequence was completed. The
first-stage rocket was made in Russia and brought into the country in
April.The institute and the country's Ministry of Education, Science and
Technology had speculated last week that the rocket exploded just before
the first-stage engine was about to reach its maximum thrust of 144 tons.
This is a critical moment since a rocket that has just broken the speed of
sound is under enormous structural stress.The science ministry, meanwhile,
said the first session of the Failure Review Board (FRB) earlier in the
day allowed South Korean and Russian experts to exchange critical data and
to try to determine what caused the rocket to fail.The FRB, made up of 13
experts from both South Korea and Russia, plans to hold another round of
talks in July in Moscow and the third meeting at a later date in South
Korea. The board will also touch on going forward with a third Naro-1
launch.Under the bilateral deal, Seoul can ask Russia for a third launch
if the original two missions fail to place a scientific satellite into
orbit, although Russia is not obligated to comply.The first locally
assembled Naro-1 was launched last August, but due to a malfunction in the
fairing assembly, the 100 kilogram satellite could not be put into
orbit.South Korea, with no practical experience in the launching of
satellite-carrying space rockets, had teamed up with Russia and spent
502.5 billion won (US$410.8 million) since 2002 on the KSLV project. It
plans to use the know-how gained to launch a fully indigenous rocket
capable of carrying a 1.5 ton satellite into orbit by 2020.(Description of
Source: Seoul Yonhap in English -- Semiofficial news agency of the ROK;
URL: http://english.yonhapnews.co.kr)

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source cited. Permission for use must be obtained from the copyright
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Commerce.

134) Back to Top
Creditors to Start Sale of Hyundai Engineer ing This Month - Yonhap
Monday June 14, 2010 06:15:46 GMT
Creditors to start sale of Hyundai Engineering this month

SEOUL, June 14 (Yonhap) -- Creditors of Hyundai Engineering &amp;
Construction Co. will start the process to sell the local top builder by
the end of this month, the chief of Korea Finance Corp., the builder's
main creditor, said Monday."Creditors of Hyundai Engineering will decide
on the sales methods and take an action by the end of June to sell the
builder," Ryu Jae-han, CEO of the state-run policy lending company, said
in a news conference.Korea Finance and other creditors, including the
Korea Exchange Bank, are seeking to sell their combined 38.51 percent
stake in Hyundai Engineering after the builder ended its debt-rescheduling
program in 2006. Korea Finance holds an 11.12 percent stake in Hyundai
Engineering.The previous attempt to find a new ow ner in 2008 fell through
as the global financial crisis hindered merger and acquisition
efforts.Shares of Hyundai Engineering finished at 56,500 won (US$46.2) on
Seoul bourse, up 0.71 percent from Friday's close.

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135) Back to Top
Samsung Now Looking to Conquer AP Market - JoongAng Daily Online
Monday June 14, 2010 00:37:49 GMT
(JOONGANG ILBO) - Samsung Electronics, the world's largest memory chip
manufacturer, is setting its sights on the booming application processor
(AP) market.

An application processor is a type of non-memory chip found in mobile dev
ices such as smartphones and tablet PCs as well as 3-D TVs. While memory
chips are used to read, write and store data, APs are essentially the main
brains for such devices, as they control the whole operating
system.Samsung appears to be on the right track as it eyes its next major
conquest, according to recent data. A report by the U.S information
technology research group Gartner says that Samsung accounted for 39.2
percent of the global mobile AP market in 2009, usurping U.S semiconductor
manufacturer Texas Instruments, which led the industry in 2008.Market
observers chalk it up to a recent smartphone boom led by Apple's iPhone,
which uses APs made by Samsung. According to industry sources, the global
AP market is four times bigger than the computer memory chip market and
less volatile, to boot. The market is expected to continue growing on the
back of ballooning demand for smartphones.Korean companies have long
enjoyed leadership in the global memory chip market, but the ir presence
has been minimal in non-memory areas."(Korean semiconductor companies)
must increase their competitiveness by fostering the non-memory chip
sector," said Jeong Dong-young, a research fellow at the Samsung Economic
Research Institute.In a move to further its position in the market,
Samsung announced last Thursday that it will invest $3.6 billion (4.5
trillion won) to build a production line for non-memory chips at its
semiconductor plant in Austin, Texas."The new plant will allow us to
cooperate more closely with companies like Apple and Motorola," a Samsung
spokesman said.(Description of Source: Seoul JoongAng Daily Online in
English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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136) Back to Top
Final Race For KB Chairman Begins - JoongAng Daily Online
Monday June 14, 2010 00:43:49 GMT
(JOONGANG ILBO) - The selection of a new chairman for the KB Financial
Group will move into high gear tomorrow as interviews with the final three
candidates for the post are slated to begin.

The selection process is being watched closely by industry observers since
it is likely to determine whether KB Financial, which owns Kookmin Bank,
may make a bid for either Woori Financial Group or Korea Exchange Bank,The
leading candidate is seen by industry insi ders as Euh Yoon-dae, the
chairman of the Presidential Council on National Branding.Euh appears to
support increasing the size of KB Financial. Euh said in an interview that
Korea needs a financial company that is among the top 50 in the world. As
of last year, KB Financial was ranked as 87th in the world in terms of its
total asset. If KB Financial wants to reach the top 50, it needs to merge
with Woori.However, Euh refused to comment directly on the issue in a
recent interview. "I am not in a position to talk about Woori," he
said.Euh is known to be close to President Lee Myung-bak. He studied
finance and was president of the Korea Center for International Finance
and a member of the Monetary Policy Committee of the central bank but has
never managed a commercial bank. Earlier this year he was considered a
strong candidate to become central bank governor, although he lost out to
Kim Choong-soo.He is also credited for transforming Korea University as
its president between 2003 and 2006. He introduced English-only lectures,
offered performance-based incentives to professors and was successful in
raising corporate donations.Euh's closest challenger is believed to be Lee
Chol-hwi, chairman and chief executive of Korea Asset Management Corp. Lee
has said increasing the size of KB Financial is inevitable and has
suggested he has a detailed plan to achieve that goal.Lee is a former
finance ministry bureaucrat. He once held an executive position at the
Asia Development Bank but lacks experience in managing a bank.Lee Hwa-eon,
the former chairman of Daegu Bank, is the only candidate among the three
finalists who has served as a bank executive. Although Daegu Bank is
small, Lee says it is his banking experience that what counts.(Description
of Source: Seoul JoongAng Daily Online in English -- Website of
English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng I
lbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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137) Back to Top
Korea, Turkey on Verge of Nuclear Reactor Deal - Chosun Ilbo Online
Tuesday June 15, 2010 02:35:52 GMT
(CHOSUN ILBO) - Korea is nearing a deal to export nuclear reactors to
Turkey, according to the head of the Korea Hydro &amp; Nuclear Power
Corporation.

KHNPC President Kim Jong-shin said in a press conference Monday that it is
just a matter of time before Korea signs a nuclear pow er contract with
Turkey, as the two countries have already reached an agreement on how to
fund the building of the reactor in Turkey.Talks are also underway on
other details such as allocation of responsibility in the event of an
accident at the plant, he added.Kim said that Korea will conduct a basic
survey as soon as the building site is fixed, and then other
construction-related issues will be discussed.When asked about a rumored
merger between KHNPC and the Korea Electric Power Corporation, Kim
declined to confirm the rumor, saying that any such deal would be pursued
in consideration of national interests.(Description of Source: Seoul
Chosun Ilbo Online in English -- English website carrying English
summaries and full translations of vernacular hard copy items of the
largest and oldest daily Chosun Ilbo, which is conservative in editorial
orientation -- strongly nationalistic, anti-North Korea, and generally
pro-US; URL: http://english.chosun.com)

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138) Back to Top
President Gul Dismisses Claims of Shift in Turkey's Foreign Policy as
'Absurd'
"TURKISH PRESIDENT: DISCUSSING WHETHER TURKEY'S AXIS HAS SHIFTED IS
IGNORANCE/ISSUE OF IRAN'S NUCLEAR PROGRAM SHOULD BE RESOLVED THROUGH
DIPLOMACY/FIGHT AGAINST TERRORISM IS MOST IMPORTANT ISSUE OF TURKEY" -- AA
headline - Anatolia
Monday June 14, 2010 06:52:14 GMT
Gul said Sunday, "the issue of Iran's nuclear program should be resolved
through diplomacy. Otherwise, the same things in Iraq will happen again.
We do not have the patience to see all those things once again. Therefore,
we are making intense efforts to resolve the issue through
diplomacy."President Gul told reporters on his way to South Korea to
attend the ceremonies marking the 60th anniversary of the Korean War, "the
embargo imposed on Iraq caused many security problems and a heavy economic
burden. Sanctions cannot solve problems. We have already seen it in
Iraq.""We do not want nuclear weapons in our region. The issue of Iran's
nuclear program should be resolved through diplomacy. Otherwise, the same
things in Iraq will happen again. We do not have the patience to see all
those things once again. Therefore, we are making intense efforts to
resolve the issue through diplomacy. We are making efforts since we are a
neighboring country," he said."Actually, Iran has remained at the
negotiation table since we voted against the UN resolution imposing a
fourth round of sanctions on Iran over its nuclear program last week," he
said.When reminded of I srael's statement that it would not make an
apology for killing of nine Turks during a raid on the six-ship flotilla
carrying humanitarian aid to Gaza, President Gul said, "how to compensate
it is up to them."Turkish President Abdullah Gul said Sunday that fight
against terrorism was the most important issue of Turkey.Gul replied to
questions of reporters on board the plane en route from Turkey to South
Korea."Terrorist organizations are used or motivated sometimes. They don't
have their own rules. Together we should fight against terrorism. We are
combating it also by minimizing it and isolating it with all dimensions.
Fight against terrorism is always atop the agenda of Turkey," he
said.Replying to a question, Gul said, "Turkey will get rid of terrorism.
Turkey's standards have been upgraded. The country's democracy standards
are of great importance for isolation of terrorism. We will do whatever we
can to get rid of it. There is no other way. We w ill overcome this issue.
Our fight will continue till terrorism is isolated."

(Description of Source: Ankara Anatolia in English -- Semi-official news
agency; independent in content)

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139) Back to Top
Rocket Failure Blamed on Fuel Leak - Chosun Ilbo Online
Tuesday June 15, 2010 01:52:02 GMT
(CHOSUN ILBO) - Experts speculate that the satellite-carrying rocket Naro
1 blew up in three stages during a second launch attempt last Thursday,
not all at once 137 seconds after blastoff, as previously assumed. The
cause of the explosion has yet to be determine d.

Prof. Yoon Woong-sup of Yonsei University on Monday said, footage of the
launch shows that a second explosion occurred about 0.5 seconds after the
first one, and a third explosion some 5 to 10 seconds later. There is a
likelihood that the explosions occurred in stages after fuel or oxidizing
agent leaked from the first-stage engine of the rocket.The Korea Aerospace
Research Institute is going to take this assumption into consideration
when it tries to figure out the cause.Fire does not easily break out at
low pressure and temperature, but it is possible that consecutive
explosions occurred if fuel or oxidizing agent leaked from the first-stage
engine of the rocket, Yoon said.The ignition starts when fuel and
oxidizing agent are mixed at a proper ratio. "Based on the recorded
footage, the flame from the Naro looked yellow at first, then the
periphery became red and mottled," Yoon said. "This is not a normal
phenomenon. It appears that either fuel or o xidizing agent was improperly
supplied."But a spokesman for Energomash, the Russian developer of the
Naro's engines, said technicians in Korea reported no significant engine
problem. "The failure was due to a flaw in the Naro's control device," he
added.Kim Jung-hyun, vice minister of education, science and technology,
denied the Russian report, saying the control device for the Naro's
second-stage engine had not even been activated yet.Meanwhile, Korean and
Russian technicians exchanged data at a first session of a joint
investigation team. They agreed to analyze the Naro's flight data
carefully.(Description of Source: Seoul Chosun Ilbo Online in English --
English website carrying English summaries and full translations of
vernacular hard copy items of the largest and oldest daily Chosun Ilbo,
which is conservative in editorial orientation -- strongly nationalistic,
anti-North Korea, and generally pro-US; URL: http://english.chosun.com)

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140) Back to Top
President Lee Says National Assembly 'Must' Decide on Mega Projects
Unattributed article: "Nat'l Assembly Must Decide on Mega Projects, Says
Lee" - Chosun Ilbo Online
Tuesday June 15, 2010 04:45:16 GMT
In an address to the nation, Lee said, "I hope that the National Assembly
will vote" on Sejong City in the current session. "The government will
respect the decision made by the National Assembly."The Sejong City plan
was originally devised under the Roh Moo-hyun administration to create
another administrative city for balanced regio nal development, but the
Lee government wants to change the development in South Chungcheong
Province into a business hub focusing on education and science.The speech
was broadcast live on TV, radio and the Internet. Lee said that the
original plan to relocate some government agencies to Sejong would lead to
regrets. "We can't have public opinion further divided and regional
discord and political conflict deepening."He indicated that he will not
put the revised plan for Sejong under the whip for the ruling Grand
National Party.The president, however, expressed determination to continue
the four rivers project despite resistance from the opposition. "I'm going
to make sure that we have more discussions and gather more opinion, but
the project will prove a life-saving plan and the driving force for the
country's development."(Description of Source: Seoul Chosun Ilbo Online in
English -- English website carrying English summaries and full
translations of ver nacular hard copy items of the largest and oldest
daily Chosun Ilbo, which is conservative in editorial orientation --
strongly nationalistic, anti-North Korea, and generally pro-US; URL:
http://english.chosun.com)

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141) Back to Top
Chief Says KDB Financial Group Eyes Share Listing in 2011
Updated version: Replacing 0201 GMT version with source-supplied 0302 GMT
version which provides more details; modifying headline, editing metadata;
Yonhap headline: "KDB Financial Group Eyes Share Listing in 2011: Chief" -
Yonhap
Tuesday June 15, 2010 04:35:08 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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142) Back to Top
S. Korea's Trade Surplus Hits Yearly High in May - Yonhap
Tuesday June 15, 2010 03:09:17 GMT
S. Korea's trade surplus hits yearly high in May

SEOUL, June 15 (Yonhap) -- South Korea posted this year's largest trade
surplus in May, driven by a marked improvement in exports amid a global
economic rebound, the customs office said Tuesday.According to a report by
the Korea Customs Service, South Korea's trade surpl us amounted to
US$4.13 billion last month, marking the largest monthly surplus this year.
This also marks the fourth straight month of a surplus.The trade surplus
for May is slightly smaller than a preliminary estimate of $4.37 billion
provided by the Ministry of Knowledge Economy earlier this month.The
customs office said that exports totaled $39.10 billion last month, up
40.5 percent from a year earlier. Imports jumped 49.4 percent to $34.97
billion over the same period.Overseas shipments expanded faster than in
April when they rose 30 percent from a year earlier.The marked growth in
exports stemmed from robust sales of semiconductors, flat panel devices,
vehicles and oil-related products, the report said.

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143) < a href="#top">Back to Top
S. Korea to Ban Homeless Sleeping, Loud Singing At Airports - Yonhap
Tuesday June 15, 2010 03:09:17 GMT
airport-homeless people

S. Korea to ban homeless sleeping, loud singing at airportsSEOUL, June 15
(Yonhap) -- Homeless people sleeping, use of abusive language, destruction
of public facilities and loud singing at airports will be prohibited by
law in South Korea from next week to keep airports in good order, the
government said Tuesday.The government in a Cabinet meeting approved a
revised enforcement ordinance to the new aviation law, government
spokesman Kim Dae-gi told reporters.Behaviors also to be banned under the
ordinance are attaching or distributing advertisements, asking for
donations and selling, distributing or persuading others to buy goods at
airport facilities without prior permission .The new law and the ordinance
are set to take effect on Wednesday, June 23.(Description of Source: Seoul
Yonhap in English -- Semiofficial news agency of the ROK; URL:
http://english.yonhapnews.co.kr)

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144) Back to Top
Former GNP Chairwoman Not To Seek Candidacy for Party Leadership
Updated version: "UPDATES with quote by Park; TRIMS lead;" Yonhap
headline: "Former GNP Chairwoman Won't Seek Candidacy For Party
Leadership" - Yonhap
Tuesday June 15, 2010 02:57:10 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news agen
cy of the ROK; URL: http://english.yonhapnews.co.kr)

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145) Back to Top
Senior US Official to Visit Seoul This Week - Chosun Ilbo Online
Tuesday June 15, 2010 01:37:54 GMT
(CHOSUN ILBO) - Kurt Campbell, the U.S. Assistant Secretary of State for
East Asian and Pacific Affairs, is expected to arrive in Seoul on
Wednesday.

During his two-day trip Campbell is scheduled to meet with Vice Foreign
Minister Chun Yung-woo and top nuclear envoy Wi Sung-lac to discuss the
sinking of the Navy corvette Cheonan, which is under review at the UN
Security Council.Meanwhil e, China's Vice Foreign Minister Cui Tiankai
visited Seoul on Saturday for talks with Korean officials over the
November G20 summit which will be held in Seoul and China's stance on the
shipwreck of the Cheonan.(Description of Source: Seoul Chosun Ilbo Online
in English -- English website carrying English summaries and full
translations of vernacular hard copy items of the largest and oldest daily
Chosun Ilbo, which is conservative in editorial orientation -- strongly
nationalistic, anti-North Korea, and generally pro-US; URL:
http://english.chosun.com)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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146) Back to Top
LG Display Plans China E-ink Factory - JoongAng Daily Online
Tuesday June 15, 2010 01:21:34 GMT
(JOONGANG ILBO) - LG Display, the world's No. 2 maker of liquid-crystal
display panels, said yesterday it will establish a joint venture in
southeastern China to produce electronic book readers.

The company said it will hold a 51 percent stake in the planned venture,
L&amp;I Electronic Technology (Dongguan) Ltd., with Iriver Ltd., a
Seoul-based digital music player maker, owning the rest.The joint venture,
to be based in Dongguan, Guangdong Province, will have an initial capital
of $5 million and will start production in September, the Korean companies
said in e-mail statements.The plan, which is subject to approval by the
Chinese government and company boards, aims to bring together LG Display's
screen-making technology and Iriver's background with electronic book
readers.LG Display screens were found in the Apple iPad by journalists.
The company never revea ls its suppliers. Iriver produces the electronic
book reader brand Story, which competes with products from Sony Corp. and
Amazon.com.The venture will help LG Display secure a stable e-paper
display customer, while Iriver will win a consistent supply line of
e-paper displays, the companies said. LG Display is also seeking to push
quick commercial production of flexible e-paper displays and e-paper in
color, the companies added.(Description of Source: Seoul JoongAng Daily
Online in English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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147) Back to Top
Hyundai Revs Up Sales of New Sonata - JoongAng Daily Online
Tuesday June 15, 2010 01:25:50 GMT
(JOONGANG ILBO) - Hyundai Motor is set to release its new Sonata 2011
today, which the company hopes will help accelerate sales in the sluggish
domestic market and expand its presence in the premium sedan segment of
the industry.

Korea's largest carmaker is touting several aspects of its new sedan to
drum up interest, including improved fuel efficiency as well as the use of
an advanced design and materials that help cut down on noise and vibration
and ensure a smooth drive.Hyundai said it improved the vehicle line's fuel
efficiency to 13.0 kilometers per liter (30.6 miles per gallon) by
implementing motor-driven power steerin g. As its name implies, the system
involves using an electric motor to power the steering mechanism, which
means it doesn't rely on continuously-running hydraulic pumps powered by
the engine, which eats up more fuel. The new model also boasts an advanced
"eco-mode" system that can actively control the engine and transmission to
help optimize fuel consumption.Design-wise, the sedan features a new red
wine color for its leather seats and door armrests.The cost of the new
vehicle ranges from 21.72 million won ($17,784) to 30 million won
depending on performance aspects and features.Meanwhile, the automaker has
also released a special, slightly cheaper version of its luxury sedan
Grandeur to celebrate the 24th anniversary of the vehicle
line.(Description of Source: Seoul JoongAng Daily Online in English --
Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage; distributed as an insert
to the Seoul edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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148) Back to Top
Samsung Sponsors Global Track And Field League - JoongAng Daily Online
Tuesday June 15, 2010 01:21:34 GMT
(JOONGANG ILBO) - IT heavyweight Samsung Electronics Co. has agreed to be
the $4 million title sponsor of an annual track and field league
inaugurated this year, its organizer said yesterday.

The International Association of Athletics Federations said that Samsung
will sponsor the Diamond Leagu e, which started May 14 and takes place in
global cities including Doha and Shanghai.The Korean consumer electronics
giant will be the title sponsor in 2010 and 2011, with an option to extend
the deal for another year.The latest deal is a major boost for the IAAF,
whose financial position has been hurt by the global economic crisis. Last
month, the body was forced to announce financial cutbacks of up to $20
million until 2012.Samsung's deal comes just a year before the IAAF is due
to hold the World Championships in Daegu, the Korean city where the
company was founded 70 years ago. Samsung has since grown into a global
giant with net turnover of $174 billion.Samsung is already a sponsor of
the IAAF World Athletics Series, which includes the World
Championships.(Description of Source: Seoul JoongAng Daily Online in
English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Il bo, as well as unique reportage;
distributed as an insert to the Seoul edition of the International Herald
Tribune; URL: http://joongangdaily.joins.com)

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149) Back to Top
US Troops in ROK Invited To Participate in Cultural Tours
Updated version: modifying headline, adding metadeta, adding cross ref;
Yonhap headline: "U.S. Troops in S. Korea Invited to Participate in
Cultural Tours" - Yonhap
Tuesday June 15, 2010 01:25:48 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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150) Back to Top
Droids to Swarm Seoul as City Lands Robot Event - JoongAng Daily Online
Tuesday June 15, 2010 01:10:35 GMT
(JOONGANG ILBO) - Korea will host an international robotics competition
and exhibition in October that will highlight the latest advances and
trends in the robotics industry, the government said yesterday.

The Ministry of Knowledge Economy said the four-day International Robot
Contest 2010 is expected to attract 8,000 robotics engineers and corporate
executives from over 10 countries.It said the contest, which will start on
Oct. 2 8 at the Korea International Exhibition Center (Kintex) northwest
of Seoul, will pit robots in 22 different competitions covering education,
entertainment and sports.The robotic sports events will be in football,
shooting, sprinting and fighting. Other events will focus on dancing, and
the ability of machines to mimic people's movements and independently
determine their surroundings by using sensors and artificial
intelligence.The gathering will also allow engineers and technicians to
exchange views on the latest developments in the robotics industry and to
gauge consumer trends and growth trends.The government said the state-run
Korea Robot Industry Promotion Agency has earmarked 230 million won
($188,000) for the annual event that was first held in 2006.(Description
of Source: Seoul JoongAng Daily Online in English -- Website of
English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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151) Back to Top
Social Enterprise Guru Calls on Korea For Change - JoongAng Daily Online
Tuesday June 15, 2010 01:10:26 GMT
(JOONGANG ILBO) - "There is no greater force in the world than an idea in
the hands of a great entrepreneur."

So said Bill Drayton, CEO and founder of the Ashoka Foundation. By "idea,"
he did not mean merely a lucrative business model, but a way to help those
in ne ed and contribute to the common interests of society while
continuing to make a profit. In short, he meant the ideal social
enterprise.Widely recognized as a pioneer of social entrepreneurship,
Drayton attended the International Conference on Social Entrepreneurship
2010 jointly hosted by the Korea Development Institute and Korea
University on June 3. Drayton heads the Ashoka Foundation, a social
venture fund founded in 1981 that selects, educates and supports social
entrepreneurs."As social entrepreneurship becomes a powerful force shaping
the world, how will Korea embrace and grow the field?" Drayton asked in
his keynote address. "The expansion of social entrepreneurship in Korea
will be hugely transformative." He likened a social entrepreneur to a
"change-maker.""What defines the true social entrepreneur is that he or
she simply cannot come to rest in life until his or her vision has become
the new pattern society wide," he said.A m ember of the audience asked
Drayton's opinion on Samsung Electronics Chairman Yi Ko'n-hu'i (Lee
Kun-hee)'s so-called "genius management" philosophy, derived from his "a
single genius feeds ten thousand" comment. Drayton's thoughts were
measured. He emphasized the social entrepreneur's ability for empathy.
According to Drayton, deep empathy is highly infectious, inspiring many to
follow and become "change-makers" who seek to improve the world.In
Drayton's conception, those who agree with a social entrepreneur's idea
and put it into practice become the change-makers of their surroundings,
and they in turn become models for their work colleagues, family or
neighbors to beget the next generation of change-makers. It is his wish
that in the end, the entire society will consist of change-makers.Another
main theme of Drayton's speech was children. "Every young child should
master and practice empathy," he said. "Without early training in empathy,
it's hard for them to grow to become change-makers as adults."Drayton's
organization helps social entrepreneurs promote their ideas regardless of
location or field. In the past 30 years, 2,100 Ashoka fellows have been
selected for support.(Description of Source: Seoul JoongAng Daily Online
in English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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152) Back to Top
[What the bro kers say] Lotte Shopping - JoongAng Daily Online
Tuesday June 15, 2010 01:05:21 GMT
(

http://joongangdaily.joins.com/article/view.asp?aid=2921839
http://joongangdaily.joins.com/article/view.asp?aid=2921839

)(Section) BusinessFinance(Reporter)(Title) (What the brokers say) Lotte
Shopping(PubDate) June 15, 2010(JOONGANG ILBO) - Lotte Shopping Citigroup,
June 11Recommendation: Buy NNNN(Description of Source: Seoul JoongAng
Daily Online in English -- Website of English-language daily which
provides English-language summaries and full-texts of items published by
the major center-right daily JoongAng Ilbo, as well as unique reportage;
distributed as an insert to the Seoul edition of the International Herald
Tribune; URL: http://joongangdaily.joins.com)

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153) Back to Top
U.S. Troops in S. Korea Invited to Participate in Cultural Tours - Yonhap
Tuesday June 15, 2010 01:10:34 GMT
US troops-cultural program

U.S. troops in S. Korea invited to participate in cultural toursSEOUL,
June 15 (Yonhap) -- The Ministry of National Defense invited U.S. troops
in South Korea to participate in an annual program of cultural tours to
increase their understanding of Korean history and traditions, ministry
officials said Tuesday.Since 1972, the ministry has hosted more than
15,000 U.S. soldiers here at the "Friends Forever" program, as part of its
efforts to bridge gaps and strengthen friendship between South Korean and
U.S. forces." I appreciate the hard work of U.S. troops stationed here,
playing a core role to maintain peace on the Korean Peninsula," Defense
Minister Kim Tae-young (Kim T'ae-yo'ng) said in a message to the invited
soldiers.A total of 600 U.S. servicemembers have been invited to this
year's program, which will hold eight program gatherings through
September.Each tour visits various historic sites, including Changdeok
Palace, the Korean Folk Village, the Korean War Memorial, and a
traditional Korean restaurant for lunch, the ministry said.Some 28,500
U.S. troops are stationed in South Korea, a legacy of the 1950-53 Korean
War.(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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154) Back to Top
Ssangyong Workers Return After 16-month Leave - Dong-A Ilbo Online
Tuesday June 15, 2010 01:14:29 GMT
(DONG-A ILBO) - "Outsiders will not seek to save Ssangyong. It'll be you
and me who'll have to save it. Top managers? Will they work for the
company as long as you?"

Participants nodded Monday at these comments made by Lim Taek-geun, a
senior technical worker who is a de facto manager in the management group,
at a lecture he gave as an in-house lecturer. He spoke at a lecture hall
in the human resources development center of Ssangyong Motor in Anseong,
Gyeonggi Province.

In attendance were technical staff in groups and clad in uniforms who
returned to their jobs after a 16-month leave.

 Staff return to work after 16 months

Ssangyong Moto r suspended work for more than 410 technical and
engineering staff in February last year, saying, "You'll return to work
around the end of the year, and be patient." The decision was made a month
after the automaker was put under court receivership.

The schedule for their return had been delayed indefinitely due to a
prolonged strike and sluggish sales, however.

Ssangyong has been reborn as a company of co-prosperity between labor and
management after the prolonged strike. It has brought back more than 140
workers, primarily on-site supervisors, and production management
positions in phases since October last year as part of efforts to
introduce its new model Korando C between July and December this year.

More than 270 employees with 10-20 years of experience in manufacturing
vehicles on assembly lines, however, waited for more than a year to
return.

One assembly worker said, "We'd get together once a month only to hear
from managem ent that it couldn't afford to bring us back. We then talked
with colleagues over soju (a Korean liquor) and exchange information on
part-time job opportunities."

Most staff members who were on the extended leave used most of their
savings and worked part-time jobs to earn a living. A production worker
with 15-20 years of experience said, "I worked as a day laborer at a water
tank cleaning agency until last Friday," noting, "I doubted whether I
could return to the company and worried to death that I might be on the
list of employees subject to dismissal."

Staff members on leave were paid a portion of their regular salaries, but
even this sum was often paid late. The amount of back pay owed reached
nearly 10 million won (8,500 U.S. dollars) at one point.

The 270 staff members who ended their leave will undergo training on
safety and vocational aptitude at the human resources training center
Monday to Wednesday. They will then be d eployed to an assembly line that
produces the Korando C.

The production line will only comprise staff members who have returned to
work after a hiatus. They will assemble the new sport utility vehicle,
whose success could determine the fate of the automaker.

 Self-reflection on a bad practice

Staff members at the training session took notes on the lecture, got
together with supervisors at break time, and asked questions on newly
installed equipment at the assembly line, showing strong enthusiasm.

Park Yeong-tae, the top manager of the automaker's joint-management team,
gave a briefing on the company's managerial situation.

Sohn Seung-gi, general manager for a production line, urged staffers that
quality should be the top priority, showing a changed environment after
corporate restructuring.

Calls for self-reflection rang as well. Senior worker Lim said, "Frankly,
when we had a problem in the production line in the past, did we discuss
it with team leaders or with the union?"

A person answered, "We discussed it with union leaders," to which Lim
said, " This is a matter that a staff member at the management team would
feel uncomfortable commenting on, but I'm a technical staff member, and I
asked this question to reflect on a wrong practice of the past."

(Description of Source: Seoul Dong-A Ilbo Online in English -- English
website carrying English summaries and full translation of vernacular hard
copy items of the second-oldest major ROK daily Dong-A Ilbo, which is
conservative in editorial orientation -- generally pro-US, anti-North
Korea; URL: http://english.donga.com)

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155) Back to T op
Joint Chiefs Head Retires After Audit - JoongAng Daily Online
Tuesday June 15, 2010 00:47:09 GMT
(JOONGANG ILBO) -

South Korea's top military commander has submitted an application for
retirement after a state audit agency blamed military leadership -
including him - for mishandling the response to the Cheonan disaster.Gen.
Lee Sang-eui, the chairman of Joint Chiefs of Staff, said he will fight to
reveal "the truth" even after retirement, and yesterday filed a defamation
suit against a local newspaper that reported that he filed fabricated
documents to cover up his dereliction of duty.Moving quickly, the Defense
Ministry yesterday named Gen. Han Min-koo, the Korean Army chief of staff,
to replace him, an appointment that has to be approved by a cabinet
meeting today. Gen. Hwang Eui-don, vice commander of the South Korea-U.S.
Combined Forces Command, was appointed as Han's successor while Gen. Jung
Seung-jo, commander of the First Army Command, was appointed to take over
Hwang's post. Lt. Gen. Park Jung-yi was named as the new commander of the
First Army Command.The Defense Ministry said that Lee submitted his
request for discharge late on Sunday. As chairman of Joint Chiefs of
Staff, Lee, a four-star general, is the second in command only to the
defense minister.(Description of Source: Seoul JoongAng Daily Online in
English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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156) Back to Top
S. Korea Set to Revise Up 2010 Growth Outlook: Sources - Yonhap
Tuesday June 15, 2010 00:58:17 GMT
S. Korea set to revise up 2010 growth outlook: sources

SEOUL, June 15 (Yonhap) -- South Korea will revise upward its growth
outlook for this year from 5 percent to the low- to mid-5 percent range
amid a slew of economic indicators pointing to a fast recovery from the
global downturn, government sources said Tuesday."Given that all economic
indicators are better than the government's projections, it is inevitable
for us to revise up our earlier growth outlook," a finance ministry
official said.The projection is in line with a 5.2 percent growth
predicted by the nation's central bank, but it is a little lower than what
is expected by major research institutes.The growth outlook and other
broad policy directions will be included in the government's
economy-management plan for the second half, which is to be unveiled on
June 24, the sources said.In the report, the government will maintain its
target for consumer price growth for this year at the current 3 percent.
It will expect more than 250,000 jobs to be created this year, up from the
previous projection of 200,000.However, current account surplus could be
adjusted downward from US$15 billion to between $12 billion and $13
billion as high oil prices are expected to increase imports and Europe's
debt trouble could affect the nation's overseas sales.The government will
maintain its current macroeconomic policy stance for some time due to
lingering uncertainties, but the government will push to unwind stimulus
measures temporarily introduced to tide over the global downturn, the
sources added.On Monday, Financ e Minister Yoon Jeung-hyun told heads of
the nation's major state-run and private economic think tanks that the
government will seek "balanced economic policies" during the second half
in consideration of a possible buildup in inflationary pressure.

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157) Back to Top
Kofc Sets 100 Trillion Won Goal For Investment - JoongAng Daily Online
Tuesday June 15, 2010 00:52:13 GMT
(JOONGANG ILBO) - Korea Finance Corporation, the state financing firm,
said it plans to invest 100 trillion won ($81 billion) to develop new
strategic industries by 2015, with a parti cular focus on the
environmental sector.

"Starting with 6 trillion to 8 trillion won this year, we plan to increase
investments by 30 percent each year until 2015 to inject a total of 100
trillion won," said Ryu Jae-han, the Korea Finance president and chief
executive, at a press conference, yesterday.The investments will focus
mainly on green industries, especially the renewable energy sector. Green
industries have been identified by the Lee Myung-bak (Yi Myo'ng-pak)
administration as one of the main targets for the nation's industrial
development.The agency, which was split from the Korea Development Bank
last year, plans to invest 42 trillion won in the green growth industry,
26 trillion won in long-term strategic investments and 32 trillion won in
small and midsized firms. It said that a total of 250,000 jobs would be
created by the investments.Korea Finance is seeking to increase the size
of its assets to 150 trillion won by 2015, up from 40 trillion wo n last
year.To finance the investment plan, Ryu said creditors of Hynix,
including Korea Finance, hope to sell a 5 percent stake in the chipmaker
by the end of the year. Korea Finance will also tap global bond markets
for funds.Ryu said that Korea Financial and other creditors will likely
decide this month on the sale of their stakes in Hyundai Engineering and
Construciton.(Description of Source: Seoul JoongAng Daily Online in
English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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158) Back to Top
Vying For Title of iPhone Killer - JoongAng Daily Online
Tuesday June 15, 2010 00:52:12 GMT
(JOONGANG ILBO) - When the iPhone was released here last year, its runaway
popularity came as a shock to many, especially Apple's behemoth local
competitors. But when the iPhone 4 arrives here next month, no one will be
surprised by the long lines - and this time, Korea's phone manufacturers
hope to be ready with smartphones of their own to compete directly with
the innovative American company.

Whether one of them deserves to be called an "iPhone killer" is, of
course, up to you. Most serious rivals to the iPhone are now based on
Google's Android operating system, and the Galaxy S is the latest and most
ambitious Android phone from Samsung Electronics, Korea's largest make r
of mobile phones and No. 2 in the world.The Galaxy S features a
super-Amoled display - the latest in light-emitting diode display
technology - which Samsung claims will consume 30 percent less power than
the iPhone 4's "retina display" while offering only slightly lower-quality
images.The iPhone 4 offers a 960 by 640 pixel resolution, while the
Samsung Galaxy S's screen will measure 800 by 480.For many consumers,
though, the debate over hardware is beside the point. In this age of "it's
the software, stupid," the number of applications available on the Galaxy
S, 57,000, is still dwarfed by the iPhone 4's 200,000.Meanwhile, LG
Electronics, runner-up on the Korean mobile phone market, announced
yesterday that its latest Android-based smartphone, the Optimus Q, had
sold 5,000 units over the weekend, a week since its release, beating
company predictions.LG said the Optimus Q had sold 1,500 units on average
every day during the week, which it says is similar to the sales of its
hit touchscreen phone the Cookie."We believe people are responding to the
Optimus Q because it's tailored for the Korean lifestyle and their needs,"
said Cho Sung-ha, vice president of LG's mobile communication business.The
Optimus Q comes with some 100 applications preloaded, such as
dictionaries, real-time traffic applications and ringtone download
programs.LG said it plans to manufacture a second batch of Optimus Qs
early, as higher-than-expected demand could cause supply problems.Pantech,
the No. 3 handset maker in Korea, also plans to roll out its latest
Android-based smartphone, the Sirius+a, which in its press release it
called "an attempt to join in the opposition camp of the
iPhone."Meanwhile, Daniel Lyons in Newsweek predicted on Sunday that
Android-based smartphones will beat the iPhone in 12 to 18 months, just as
Microsoft Windows surged past Mac OS in the 1990s on the PC
market.(Description of Source: Seoul JoongAng Daily Online in English --
Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage; distributed as an insert
to the Seoul edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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159) Back to Top
Executives See Risks From EU Debt - JoongAng Daily Online
Tuesday June 15, 2010 00:52:14 GMT
(JOONGANG ILBO) - Korean executives believe Europe's sovereign debt crisis
poses the greatest risk to the local economy in the s econd half of the
year, according to a poll conducted by the Korea Chamber of Commerce and
Industry.

In the poll of 150 chief executives on economic risk factors, 53 percent
said the debt crisis was the biggest threat, 15 percent an increase in oil
and raw material prices and the fluctuating exchange rate, 13 percent a
possible collapse in property prices, 8 percent rising consumer prices and
6 percent inter-Korean tensions following the sinking of the Ch'o'nan
(Cheonan) ship in March.As for the outlook on the domestic economy, 57
percent said conditions will be similar to the first half of the year, 29
percent expect conditions will improve and14 percent believe the economy
will get worse.Asked for reasons about a possible deterioration in the
economy, the executives listed a fall in domestic consumption, followed by
rising oil and raw materials costs, an appreciation of the Korean won and
an expected increase in interest rates.In fact, 92 percent said the rate
rise should be "carefully conducted" because "the economic recovery
remains uncertain."A rate increase could result in a rise in household
debt burden and a sharp fall in property prices, they said. Only 8 percent
said increasing the key interest rate was "necessary at the moment."Nearly
half of the executives said a rate hike should be done in the first half
of next year, while 31 percent said in the fourth quarter of this year."As
shown by the survey, the Korean government should be careful in promoting
an exit policy by raising the key interest rate as there remain uncertain
issues regarding a full economic recovery," said Lee Hyun-seok, director
of the KCCI.The business leaders urged the government to focus on
stabilizing raw material costs, creating jobs and maintaining expansionary
fiscal spending.(Description of Source: Seoul JoongAng Daily Online in
English -- Website of English-language daily which provides
English-language summari es and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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160) Back to Top
COEX Stores May Close For G-20 - JoongAng Daily Online
Tuesday June 15, 2010 00:52:13 GMT
(JOONGANG ILBO) -

Shop owners in and around COEX are reportedly considering a plan to shut
down all the shops between Nov. 8 and 12, as Seoul prepares to host the
G-20 Summit from Nov. 11 to 12."Nothing official ha s been said yet, but
store owners are all expecting to be forced to shut down for at least two
days during the G-20 meeting" said Huh Hun, the president of COEX's store
occupant association.With the terror alert level in Korea raised since the
sinking of the Ch'o'nan (Cheonan), the government and COEX are said to
favor temporarily closing down businesses in the area option to ensure
security.COEX Mall in Samseong-dong, southern Seoul, has an average of
100,000 visitors per day. As one of the largest commercial and business
areas, it contains everything from office buildings and hotels to
department stores. Four hundred and sixty stores operate within the COEX
Mall, and there are 1,150 stores within the COEX area. In addition, COEX
is a frequent host of large meetings and conventions.According to the
JoongAng Ilbo, shop owners in the COEX Mall were asked to cooperate with
COEX and the government's request to "volunteer" to shut down for the few
days during the G-20 meetings.The government reportedly asked Hyundai
Department Store to shut down for five days, and others were requested to
plan to shut their doors for given two to five days.In a press release
yesterday, COEX said it has not forced anyone to do anything and nothing
is official.Asked whether COEX had recently told 300 of its store
representatives to voluntarily shut down, spokesman Ryu Tae-sung said, "It
was a meeting that we have every month and the main intention was how to
improve services to our customers." As to whether businesses that do shut
down will be compensated for lost trade, he said, "We will do our best to
aid any discomfort, but we think that a lot of the stores are willing to
voluntarily shut down for the success of the event."Huh said compensation
was unlikely. "Our contract is renewed every year, and it clearly states
that owners cannot ask for any kind of compensation. Also, with the
increased security, it's likely that sales will drastically decrease even
if we open during that period."When Pittsburgh, Pennsylvania, held the
G-20 meeting last September, most government offices, banks and stores as
well as a large number of area businesses closed. However, the city did
its best to secure cooperation for the increased security measures, with
the mayor actively seeking help for a successful G-20 meeting.In various
interviews with the JoongAng Ilbo, many store owners said they believe
security issues will force a "voluntary" shutdown, and they are unhappy
that they will lose business - in some cases, as much as 50 million won
($40,900).(Description of Source: Seoul JoongAng Daily Online in English
-- Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage; distributed as an insert
to the Seoul edition of the International Herald Tribune; URL:
http://joongan gdaily.joins.com)

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161) Back to Top
Hynix Unveils 'poison Pill' Defense For Takeover - JoongAng Daily Online
Tuesday June 15, 2010 00:47:10 GMT
(JOONGANG ILBO) - Hynix Semiconductor Inc., the world's No. 2 memory
chipmaker, said yesterday that it has agreed with creditors to repay its 4
trillion won ($3.26 billion) worth of debts in the event of a hostile
takeover attempt.

The contract that gives creditors a right to demand debt redemption was
signed in April, company representative Park Seong-ae said. The agreement
is aimed at deterring a hostile takeov er attempt as a debt repayment
would make a takeover costly for the bidder.Creditors of Hynix, which
include its largest shareholder Mirae Asset Investment Management Company,
cut a 5 percent stake in block sales in March to hold a 21 percent stake
in the chipmaker. They plan to unload an additional 5 percent stake before
December.Creditors, also including Korea's No. 5 lender Korea Exchange
Bank, failed to find a buyer for their stake in three previous attempts.
They plan to push for another attempt to sell their shares to domestic
buyers.Hynix's debts amounted to 7.9 trillion won as of the end of March.
Its quick assets, including cash and other assets that can be converted
into cash quickly, stand at 3 trillion won.Korea Finance, which holds a
stake in Hynix, said yesterday it would support the share
disposal.(Description of Source: Seoul JoongAng Daily Online in English --
Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage; distributed as an insert
to the Seoul edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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162) Back to Top
Calm Greets Currency Rule - JoongAng Daily Online
Tuesday June 15, 2010 00:47:09 GMT
(JOONGANG ILBO) - Local financial markets have reacted calmly to the
announcement by the government on Sunday that it would impose curbs on
currency forward trading to limit capital flow volatility.

The benchmark Kospi closed up 0.91 percent higher, while the won rose
sharply higher against the U.S. dollar."The market had already discounted
the announcement," said a central bank official.Analysts have dismissed
concerns that the move amounted to government intervention in guiding the
value of the Korean won or was aimed at curtailing foreign bank operations
in Korea.Foreign banks have $18.2 billion of the $18.7 billion in forward
contracts held by financial institutions in Korea. Domestic banks will
limit their outstanding forward positions to 50 percent of their equity,
while the limit for foreign banks will be 250 percent.Forward contracts
held by foreign bank branches averaged 301 percent as of the end of April,
although some banks held positions exceeding 900 percent of their equity.
Some foreign banks may suffer a contraction in earnings as the result of
the new rules.But the prime target of the measures appears to be to curb
excessive short-term borrowings in foreign currencies by companies and
individua ls. The government believes the increase in this short-term debt
could expose the economy to liquidity problems if there is a sudden
withdrawal of foreign capital from Korea in response to the European debt
crisis or other external events.The new rules would force those borrowing
in foreign currencies to reduce their positions over a two-year period
without disrupting the foreign exchange markets."Banks have two years to
adjust their existing positions, so the won/dollar exchange rate won't see
much fluctuation," said a trader at a foreign bank."If the announcement on
the regulations had been made without warning, the won/dollar exchange
rate would have been affected. But talk of the curbs had been out in the
market for the last month," said another foreign trader."Sudden flows of
so-called 'hot money' are expected to be restricted. Bond-related capital
will also be regulated, which would help support a rise in interest
rates," said Kim Jae-eun, a researcher with Hyundai Securities. She said,
however, the won could weaken in the short term.(Description of Source:
Seoul JoongAng Daily Online in English -- Website of English-language
daily which provides English-language summaries and full-texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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163) Back to Top
Public Firm Heads Warned - The Korea Herald Online
Monday June 14, 2010 22:38:08 GMT
(KOREA HERALD) - More than one fifth of public firm CEOs have received
warnings from the government for lax management, the Ministry of Strategy
and Finance said Monday.

An assessment panel recommended the government dismiss Shin Bang-woong,
chairman of Korea Infrastructure Safety and Technology Corp., for
"negligent and inefficient management."The government also issued warnings
to 18 CEOs who received a grade of "C," saying they will face suggestions
of dismissal unless their performances improve in the next evaluation.The
CEOs facing government warnings include heads of the Korea Electrical
Safety Corp., the Korea Nuclear Energy Forum, Jeju Free International City
Development Center and Korea Housing Guarantee Co.The ministry said it is
based on assessments of the heads of 96 state-run corporations and
institutions in 2009 made by the Public Institutions Assessment and
Operation Committee.The management efficiency at the public firms were d
ivided into six categories -- "S" with scores exceeding 90, "A" with
scores between 80 and 90, "B" with scores between 70 and 80, "C" between
60 and 70, "D" between 50 and 60 and "E" with scores of less than 50.No
CEO was included in the S category, five received an A and 26 in B.CEOs
who received the A grade include Cho Hwan-eik, president of Korea
Trade-Investment Promotion Agency, Kim Ssang-soo, president of Korea
Electric Power Corp. and Huh Joon-young, CEO of Korea Railroad.By Cho
Chung-un (christory@heraldm.com)(Description of Source: Seoul The Korea
Herald Online in English -- Website of the generally pro-government
English-language daily The Korea Herald; URL:
http://www.koreaherald.co.kr)

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164) Back to Top
ROK Finance Minister Yun Says ROK Shoring up Weak Points of Economy
By Choi He-suk: "Seoul braces for exit from crisis steps" - The Korea
Herald Online
Monday June 14, 2010 14:50:54 GMT
(Description of Source: Seoul The Korea Herald Online in English --
Website of the generally pro-government English-language daily The Korea
Herald; URL: http://www.koreaherald.co.kr)

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165) Back to Top
ROK-Russian Panel Meets to Probe Naro Fa ilure
By Bae Hyun-jung - The Korea Herald Online
Monday June 14, 2010 14:50:17 GMT
(Description of Source: Seoul The Korea Herald Online in English --
Website of the generally pro-government English-language daily The Korea
Herald; URL: http://www.koreaherald.co.kr)

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166) Back to Top
Financial Market Stays Calm Albeit Regulation - MK English News Online
Monday June 14, 2010 14:51:00 GMT
Despite the restriction on forward exchange, the South Korean currency
appreciated aga inst the U.S. dollar and bond rates closed with no big
change.Market analysts said market fears stemming from the proposed
regulation were already reflected in the market from the end of last
month.The won/dollar exchange rate closed up 23.90 won to 1,222.20 won per
dollar.The Korean won began from 1,240 won up by 6.10 won and remained
strong all day.A dealer at a foreign bank said "selling the Korean
currency was strong overseas ahead of the regulation last week but the
announcement removed market uncertainty, redrawing investors who favor the
Korean won."On June 10, the won's value fell to as much as 1,270 won
against the dollar just before the announcement.However, the government
announcement did not exceed market expectations much and it even included
a grace period of a maximum of two years, easing market anxiety and
putting a stop to the over selling of the Korean won.The bond market also
remained stable, meeting the target range.The interest rate of 3-year K
orean treasury bond fell one basis point to trade at 3.67% as of 3 pm on
June 14.That of 5-year Korean treasury bond fell 2 basis points to trade
at 4.38%.(Description of Source: Seoul MK English News Online in English
-- Website of the English subsite of the leading economic daily Maeil
Kyo'ngje (Daily Economy) published by "Maeil Business Newspaper &amp; MK
Inc."; URL: http://news.mk.co.kr/english/)

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167) Back to Top
Police To Release Info on Nighttime Rallies Online - The Korea Times
Online
Monday June 14, 2010 14:51:34 GMT
(Description of Source : Seoul The Korea Times Online in English --
Website of The Korea Times, an independent and moderate English-language
daily published by its sister daily Hanguk Ilbo from which it often draws
articles and translates into English for publication; URL:
http://www.koreatimes.co.kr)

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168) Back to Top
LG Display, iRiver to Form Joint E-reader Venture in China
By Jin Hyun-joo - The Korea Herald Online
Monday June 14, 2010 14:50:16 GMT
(Description of Source: Seoul The Korea Herald Online in English --
Website of the generally pro-government English-language daily Th e Korea
Herald; URL: http://www.koreaherald.co.kr)

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169) Back to Top
Korea Fiance Corporation Aids 81 Billion Dollars Until Year 2015 - MK
English News Online
Monday June 14, 2010 14:47:30 GMT
(Description of Source: Seoul MK English News Online in English -- Website
of the English subsite of the leading economic daily Maeil Kyo'ngje (Daily
Economy) published by "Maeil Business Newspaper &amp; MK Inc."; URL:
http://news.mk.co.kr/english/)

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170) Back to Top
Rules on Household Registry Easing for Multi-ethnic Familes
By Staff Reporter Park Si-soo - The Korea Times Online
Monday June 14, 2010 14:47:56 GMT
(Description of Source: Seoul The Korea Times Online in English -- Website
of The Korea Times, an independent and moderate English-language daily
published by its sister daily Hanguk Ilbo from which it often draws
articles and translates into English for publication; URL:
http://www.koreatimes.co.kr)

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171) Back to Top
ROK PM Dispels Rumors of Resignation - The Korea Times Online
Monday June 14, 2010 14:47:19 GMT
(Description of Source: Seoul The Korea Times Online in English -- Website
of The Korea Times, an independent and moderate English-language daily
published by its sister daily Hanguk Ilbo from which it often draws
articles and translates into English for publication; URL:
http://www.koreatimes.co.kr)

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172) Back to Top
No Material Ap preciation of Chinese Currency Expected in 2010: Analyst -
Yonhap
Monday June 14, 2010 11:02:01 GMT
No material appreciation of Chinese currency expected in 2010: analyst

By Kim Young-gyoHONG KONG, June 14 (Yonhap) -- No material appreciation of
the Chinese yuan is expected in 2010, largely due to risks from the
European credit crisis, an analyst said Monday.The remark came amid rising
speculation over when China will allow its currency to appreciate as
troubles deepen in some European countries that are entangled with
neighboring nations through financial loans and debt payment
guarantees."It will take some time to rebuild domestic consensus to allow
this appreciation to be realized," said David Bloom, global head of
foreign exchange research at HSBC Holdings Plc."In our forecasts, we
expect no meaningful appreciation in 2010, and for renminbi to gradually
appreci ate 4 percent against the U.S. dollar over the course of 2011."
The renminbi is the official name of the Chinese currency.Washington has
been demanding that Beijing abandon its policy of pegging the yuan to the
dollar, which the U.S. argues artificially lowers the value of the Chinese
currency and gives its exporters an unfair advantage in overseas markets.
From August 2008, the yuan has been pegged at 6.8 to the dollar.

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173) Back to Top
ROK Creditors To Start Sale of Hyundai Engineering This Month
Updated version: Replacing 0608 GMT version with source-supplied update of
0727 GMT, which adds Korea Finance's policy lending plan in grafs 6-9 ;
Yonhap headline: "Creditors to Start Sale of Hyundai Engineering This
Month" - Yonhap
Monday June 14, 2010 11:19:24 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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174) Back to Top
Xinhua 'Roundup': S. Korean President Outlines Post-Election Policy
Priorities
Xinhua "Roundup" by Kim Junghyun : "S. Korean President Outlines
Post-Election Policy Priorities" - Xinhua
Monday June 14, 2010 09:28:33 GMT
SEOUL, June 14 (Xinhua) -- Putting an embarrassing election defeat of his
party behind, South Korean President Lee Myung-bak laid out Monday the
government's post-election policy priorities in a public speech.

"I take seriously the public sentiment displayed through the elections. I
will listen to the voice of change the people want," Lee said in a
nationally televised speech to the public, the first of its kind after the
local elections on June 2.In the biggest local elections that filled
nearly 4,000 posts with the highest voter turnout in 15 years, widely seen
as a mid- term referendum on Lee's conservative administration, dealt the
Lee presidency a blow as his ruling Grand National Party (GNP) suffered a
crushing setback as it only secured six of the 16 key mayoral and
gubernatorial posts while its rival, the liberal main opposition
Democratic Party (DP), secured seven.Key election agenda included
controversial d evelopment projects initiated by the government and what
Lee's critics call warmongering policies toward the Democratic People's
Republic of Korea (DPRK).Lee, while signaling possible shakeup of the
Cabinet and his presidential office Cheong Wa Dae, gave little indication
that his tough stance on Pyongyang will change anytime soon."Cheong Wa Dae
and the Cabinet will be overhauled to make them more efficient, and a new
lineup will be announced as soon as it is prepared," Lee said in the
speech, without further elaborating.Opposition parties and reform-minded
figures in the governing party have long called for personnel shakeup in
the administration, considered by critics as prone to ignoring opposing
voices. Despite no clarification on the part of the president, news
reports said the planned reshuffle of senior presidential secretaries will
come next month, and the cabinet shake-up before the parliamentary
by-elections on July 28."Other things can be subject to partisan disputes,
but national security cannot," the president also said. "In dealing with
the sinking of the corvette Cheonan, we have to muster all our strength
and take stern action against the wrongdoing of the North in collaboration
with the international community. In addition, we have to establish
watertight security readiness. Otherwise similar incidents could happen
anytime in the future," he added.The president urged public support for
his contentious domestic agenda."Unfortunately, policy issues have turned
into political issues in our society, thereby intensifying public schisms
on an increasing number of issues. Among other things, cases in point are
the controversies surrounding Sejong City and the Four Major Rivers
Restoration Project," the president said, referring to the two key bones
of contention in the country's highly polarized politics.Lee broke his
election pledge to honor his predecessor Roh Moo- hyun's plan to move
parts of the government to the central region of the country and build a
new administrative hub there, an attempt to address deep-rooted regional
divide. Lee's government instead plans to turn the newly created city,
named Sejoing, into a business center."The amendment of the original plan
was not driven by a calculation of political interest," said the
president, whose about-face met with stern opposition from opposition
parties that blames the government for flip-flopping on a major election
mandate.A former CEO of a construction firm whose campaign focus on
economy led to a landslide victory, Lee also has a big-ticket project to
revamp four rivers running through the country, which skeptics say will
create an environmental disaster. Lee has said the project will stimulate
the local economy, attract tourists and create more jobs."We will be able
to reap the benefits from this major national project in just a few years,
not in the distant future," he said.Respon ses to the presidential speech
were typically split."It was just a perfunctory speech that left out
detailed plans for the reform," a spokesman of the DP, Woo Sang-ho, said
in a briefing following the presidential speech."The president reassured
us by showing his firm will to move toward our future," a GNP spokeswoman
Chung Mi-kyung said.(Description of Source: Beijing Xinhua in English --
China's official news service for English-language audiences (New China
News Agency))

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175) Back to Top
SK Energy to Set Up Electric Vehicle Charging Stations in Jeju Science
Park - MK English News Online
Monday June 14, 2010 09:13:21 GMT
(MAEIL KYONGJE) -

South Korea's SK Energy is rolling up its sleeves for entering into the
smart grid demonstration project in earnest including building electric
vehicle charging stations in Jeju Island.SK Energy signed an agreement
with Jeju Free International City Development Center (JDC) for building
charging stations for electric vehicles in Jeju Science Park on
Monday.Under the agreement, the company is to build two units of normal
recharging units in the Jeju Science Park established by JDC with an aim
to attract and foster high-tech businesses in the region.Accordingly, upon
the decision for installing electric vehicle charging stations, SK Energy,
taking part in the smart grid demonstration project in Jeju, will be able
to secure charging infrastructure in the region. The company expects to
gain strength for expanding its business based on electric
vehicles.Moreover, upon JDC' s continuous efforts for attracting companies
to build electric vehicle charging stations, which are regarded as the
core technology of smart grid project and the new growth engine in South
Korea, it could pave the way for inducing global high-tech businesses with
an image of a cutting-edge technology complex.In such circumstances, the
pair will cooperate for technology development as well as providing
supports for making full use of the electric vehicle charging stations and
perform successful demonstration projects in the park. The bilateral
cooperation is expected to contribute greatly to opening an era for the
environment-friendly electric cars with low carbon emissions.Jeju Science
Park is one of the major projects that are designed to promote Jeju Free
International City. In the Park, Smart Elite Building to provide supports
for Information Technology-Bio Technology venture companies was completed
in March under the leadership of JDC on a land of 330,000 pyung (or 1.09
million square meters).(Description of Source: Seoul MK English News
Online in English -- Website of the English subsite of the leading
economic daily Maeil Kyo'ngje (Daily Economy) published by "Maeil Business
Newspaper &amp; MK Inc."; URL: http://news.mk.co.kr/english/)

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176) Back to Top
People's Daily Online: 'US Must Restrain Provocative Military Actions'
Unattributed report: "US Must Restrain Provocative Military Actions";
headline as provided by source - Renmin Ribao
Monday June 14, 2010 07:13:35 GMT
China does not object to th e U.S. navy's presence in the western Pacific
and even shows understanding that some countries in this region still need
the U.S. military to provide a sense of security. And no country has the
capability to replace the United States in this capacity. But, this does
not mean the United States can ignore China's self-esteem and drive their
aircraft carrier straight to the front of China's doorstep to flex their
muscles.Only when the United States learns to respect the western Pacific
countries and adapt to the changes of their politics, economies and, in
particular, public opinion, can its authority in this region be
recognized. The United States should make people feel that the U.S.
military presence in this region is peaceful and necessary, not vice
versa.Furthermore, the United States needs to take into account these
countries' moods if it wants to become a peacemaker, not a troublemaker.
Otherwise, the United States will have difficulties in staying in the
region for a lo ng time and its interests here will be difficult to
effectively protect.China never considers the United States an enemy, but
the United States should show necessary respect to China. The provocative
military drill will only lead to the accumulation of resentment against
the United States in the hearts of Chinese people and the United States
will inevitably be regarded as a threat.BOTh sides should cherish the
bilateral ties and pay heed to the feelings of the two peoples. Don't let
risky moves destroy the mutual trust of the two peoples. If the future
U.S. strategy is to learn respect and equality, as Barack Obama has said,
then the military actions in the western Pacific region must be restrained
and provocation must not be allowed to happen again.

(Description of Source: Beijing People's Daily Online in English --
Internet-only English version of Renmin Ribao, the daily newspaper of the
CPC Central Committee. URL: http://english.peopledaily.com.cn)

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177) Back to Top
S. Korea OKs State Agency's Debt Purchase - Yonhap
Monday June 14, 2010 07:04:27 GMT
financial watchdog-bad debts

S. Korea OKs state agency's debt purchaseSEOUL, June 14 (Yonhap) -- South
Korea's financial regulator gave the green light Monday to the state-owned
debt clearer to jointly buy up two local banks' bad debts as part of the
nation's corporate restructuring drive.The Financial Services Commission
(FSC) said in a statement that it approved the Korea Asset Management
Corp.'s plan to clear 310.7 billion won (US$254.2 million) of soured
loans.To t hat end, private investors will form a joint venture to buy up
bad debts of the amount first and sell senior bonds to Korea Asset
Management, which will inject funds in the venture through the bond
purchase, the FSC said.The nation's public debt buyer cleared 265.5
billion worth of distressed loans in December last year through a similar
joint purchase.(Description of Source: Seoul Yonhap in English --
Semiofficial news agency of the ROK; URL: http://english.yonhapnews.co.kr)

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178) Back to Top
ROK To Push for 'Balanced Economic Polices' in 2nd Half of 2010
Updated version: replacing 0259 GMT version with source-supplied 0448 GMT
update, which &qu ot;RECASTS lead; ADDS comments, details from 2nd para",
and with source-supplied 0612 GMT update, which provides additional six
grafs of thinktank chiefs' opinions; Yonhap headline: "S. Korea to Push
For 'balanced Economic Polices' in H2: Minister" - Yonhap
Monday June 14, 2010 06:58:24 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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179) Back to Top
Korean Won Jumps 1.96 Pct Against Dollar on Eased Market Uncertainty
Updated version: Replacing 0044 GMT version with source-supplied update of
0639 GMT which recasts headline and updates with market close from graf 2;
Original headline of 0044 GMT: "Korean Won Jumps Against Dollar on Eased
Market Uncertainty" - Yonhap
Monday June 14, 2010 07:14:38 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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180) Back to Top
Turkish President Arrives on 4-Day Official Visit to South Korea
"TURKISH PRESIDENT ARRIVES IN SOUTH KOREA" -- AA headline - Anatolia
Monday June 14, 2010 06:19:49 GMT
(Description of Source: Ankara Anatolia in English -- Semi-official news
agency; independent in content)

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181) Back to Top
ROK To Push for 'Balanced Economic Polices' in 2nd Half
Updated version: replacing 0259 GMT version with source-supplied 0448 GMT
update, which "RECASTS lead; ADDS comments, details from 2nd para"; Yonhap
headline: "S. Korea to Push For 'balanced Economic Polices' in H2:
Minister" - Yonhap
Monday June 14, 2010 05:01:00 GMT
(Description of Source: Seoul Yonhap in English -- Semiofficial news
agency of the ROK; URL: http://english.yonhapnews.co.kr)

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182) Back to Top
LG Display to Set Up E-book Venture in China - Yonhap
Monday June 14, 2010 05:23:13 GMT
LG Display to set up e-book venture in China

By Lee YoukyungSEOUL, June 14 (Yonhap) -- LG Display Co., the world's No.
2 maker of liquid-crystal display (LCD) panels, said Monday it will
establish a joint venture in southeastern China to produce electronics
book readers.LG Display said it will hold a 51-percent stake in th e
envisioned venture, L&amp;I Electronic Technology (Dongguan) Ltd., with
Iriver Ltd., a Seoul-based digital music player maker, owning the
remainder.The joint venture, to be based in Dongguan, Guangdong province,
will have an initial capital of US$5 million and will start production in
September, the South Korean companies said in e-mail statements.The plan,
which is subject to approval by the Chinese government and company boards,
aims to bring together LG Display's screen-making technology and Iriver's
electronics book making skills.LG Display's flat-screens were found in the
iPad by Apple Inc., which never comes clean of its suppliers. Iriver also
produces electronics book readers named "Story," which competes with
products by Sony Corp. and Amazon.com.The venture will help LG Display
secure a stable e-paper displays customer, while Iriver will secure a
stable supply line of e-paper displays, the companies said. LG Display
also seeks to push for a quick com mercial production of flexible e-paper
displays and e-paper in color, the companies added.

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183) Back to Top
S. Korean Firms to Hold Industrial Parts Exports Talks in U.S., Europe -
Yonhap
Monday June 14, 2010 04:50:55 GMT
industrial parts-biz talks

S. Korean firms to hold industrial parts exports talks in U.S.,
EuropeSEOUL, June 14 (Yonhap) -- South Korean industrial parts and
materials manufacturers plan to hold talks with U.S. and European
companies this month that could bring in a minimum US$125 million worth of
new export orders, the government said Monday.The Ministry of Knowledge
Economy said the Global Partnership EU 2010 and the Global Partnership US
2010 talks to be held in Hamburg, Germany and Anaheim, California each
will be the first of their kind to be organized by Seoul."The plan is to
get 56 local manufacturers to hold direct talks that can lead to export
contracts being signed with large foreign companies such as Siemens,
Vesta, 3M and Dow Chem," an official said.He said prospective business
deals with European countries will be centered on the shipment of parts
and components for wind power generators, while those with U.S. businesses
will be in nanotech and "clean environment" areas.At the two-day-long
Hamburg event, which starts Tuesday, 38 local companies such as Hyundai
Heavy Industries Co. will hold discussions with 12 European companies,
while 18 South Korean companies are planning to hold talks with 14 U.S.
counterparts when they meet on June 22-23 in America.The ministry said it
expects at least five contracts to be reached through the global
partnership talks this month.It said the minimum size of deals involving
large U.S. and European countries are around $5 million a year and since
these arrangements usually last up to five year, a single contract may be
worth around at least $25 million.The ministry, however, said that total
contracts secured may be much larger since many deals signed by foreign
companies in renewable and clean environment industries are worth more
than $100 million apiece.(Description of Source: Seoul Yonhap in English
-- Semiofficial news agency of the ROK; URL:
http://english.yonhapnews.co.kr)

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184) Back to Top
S. Korea's Import Price Growth Hits 15-month High in May - Yonhap
Monday June 14, 2010 03:09:04 GMT
import prices-May

S. Korea's import price growth hits 15-month high in MaySEOUL, June 14
(Yonhap) -- South Korea's import prices grew at the steepest clip in 15
months in May due to higher oil costs, the central bank said Friday,
indicating a possible build-up in inflation.In local currency terms,
import prices rose 11.3 percent in May from a year earlier, accelerating
from a 5.1 percent on-year expansion in April, according to the Bank of
Korea (BOK). May's reading marked the sharpest growth since an 18 percent
gain in February 2009.Month-on-month, import prices grew by 2.7 percent in
May, picking up from a 1.2 percent rise in April, the BOK said."Crude oil
prices rose in May compared with the same period of 2009, making the
growth of import prices pick up," ; said Lim Su-young, an official at the
BOK.The data came after the BOK on Thursday froze its key interest rate at
a record low of 2 percent for the 16th straight month.BOK Gov. Kim
Choong-soo warned that the economic recovery is expected to put upward
pressure on inflation in the second half, hinting that a rate hike is in
the offing.Raw material costs climbed 26.2 percent in May from the
previous year, up from a 24.7 percent on-year gain in April.The cost of
Dubai crude, South Korea's benchmark, gained 32 percent last month,
compared with the previous year. South Korea, the world's fifth-largest
crude buyer, relies entirely on imports for its oil needs.Meanwhile,
export prices in Korean won terms inched up 0.4 percent on-year in May, a
turnaround from a 6.7 percent fall the previous month.(Description of
Source: Seoul Yonhap in English -- Semiofficial news agency of the ROK;
URL: http://english.yonhapnews.co.kr)

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185) Back to Top
Accumulated Sales of Hyundai Sonata Sedan 'Tops' 5 Million Units
Yonhap headline: "Accumulated Sales of Hyundai Sonata Sedan Tops 5 Mln" -
Yonhap
Monday June 14, 2010 03:26:14 GMT
said Monday it has sold more than 5 million units of its mid-size Sonata
sedan worldwide, a feat achieved 25 years after the first Sonata was
rolled out in 1985.

Some 2.7 million units of various Sonata models, from the very first
Sonata to the latest sixth-generation Sonata, locally known as the Sonata
YF, were sold here while the rest were sold overseas, including 1.3
million units in the United States.&q uot;The Sonata is the very history
of South Korea's mid-size sedans that enjoyed the great affection of
customers for the past 25 years, even called the best sedan of South
Korea," a Hyundai executive said.The Sonata is only the third South Korean
vehicle to reach accumulated global sales of 5 million units, following
the Accent and the Avante, both also by Hyundai Motor, the company
said.Continuing the long history of the vehicle, Hyundai Motor will begin
selling its new Sonata 2011 this week.The new Sonata has an improved gas
mileage with a motor-driven power steering system, according to Hyundai
Motor.The local price of the Sonata 2011 with a 2.0-liter engine was set
at 21.7 million won (US$17,670) with that of the premium model with a
2.4-liter engine carrying a price tag of 30 million won.Hyundai Motor is
also set to introduce the next generation hybrid Sonata in the second half
of the year, according to the Hyundai executive.(Description of Source:
Seoul Yonhap in English -- Semiofficial news agency of the ROK; URL:
http://english.yonhapnews.co.kr)

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186) Back to Top
S. Korea to Push For 'balanced Economic Polices' in H2: Minister - Yonhap
Monday June 14, 2010 03:09:04 GMT
S. Korea to push for 'balanced economic polices' in H2: minister

SEOUL, June 14 (Yonhap) -- South Korea's economy has been making a
faster-than-expected recovery thanks to robust exports and improving
domestic demand, the nation's top economic policymaker said Monday.The
government will seek "balanced economic policies" during the seco nd half
in order to attain a stable recovery and keep inflation in check, while
cushioning external shocks on local financial markets, Finance Minister
Yoon Jeung-hyun told a meeting with heads of the nation's major think
tanks.

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187) Back to Top
S. Korea to Host Int'l Robot Contest, Exhibition in October - Yonhap
Monday June 14, 2010 02:52:55 GMT
S. Korea to host int'l robot contest, exhibition in October

SEOUL, June 14 (Yonhap) -- South Korea will host an international robotics
competition and exhibition in October that will highlight the latest
advanc es and trends in the robotics industry, the government said
Monday.The Ministry of Knowledge Economy said the four-day-long
International Robot Contest 2010 is expected to attract 8,000 robotics
engineers and corporate executives from over 10 countries.It said the
contest, which will start on Oct. 28 at the Korea International Exhibition
Center (KINTEX) northwest of Seoul, will pit robots in 22 different
competitions covering education, entertainment, sports and a so-called
grand challenge game that tasks machines to complete a set mission.The
robotic sports events will be in soccer, shooting, sprinting and fighting.
Other events will focus on dancing, and the ability of machines to mimic
people's movements and independently determine their surroundings by using
sensors and artificial intelligence.The gathering will also allow
engineers and technicians to exchange views on the latest developments in
the robotics industry and to gauge consumer trends and growth trends.The
gov ernment said the state-run Korea Robot Industry Promotion Agency has
earmarked 230 million won (US$188,000) for the annual event that was first
held in 2006 with 180 million won in prize money to come from outside
sources, including the private sector.

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188) Back to Top
Hynix to Pay Back Debt to Creditors in Case of Hostile Takeover Bid -
Yonhap
Monday June 14, 2010 02:15:33 GMT
Hynix to pay back debt to creditors in case of hostile takeover bid

SEOUL, June 14 (Yonhap) -- Hynix Semiconductor Inc., the world's No. 2
memory chipmaker, said Monday that it h as agreed with creditors to repay
its 4 trillion won (US$3.26 billion) worth of debts in the event of a
hostile takeover attempt.The contract that gives creditors a right to
demand debt redemption was signed in April, company representative Park
Seong-ae said. The agreement is aimed at deterring a hostile takeover
attempt as a debt repayment would make a takeover costly for the
bidder.Creditors of Hynix, which include its largest shareholder Mirae
Asset Investment Management Co., cut a 5 percent stake in block sales in
March to hold a 21 percent stake in the chipmaker. They plan to unload an
additional 5 percent stake before December.Creditors, also including South
Korea's No. 5 lender Korea Exchange Bank, failed to find a buyer for their
stake in three previous attempts. They plan to push for another attempt to
sell their shares to domestic buyers.Hynix's debts amounted to 7.9
trillion won as of the end of March. Its quick assets, including cash and
other assets that can be converted into cash quickly, stand at 3 trillion
won.

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189) Back to Top
ROKG Websites Hit Again By Cyber Attacks - Chosun Ilbo Online
Monday June 14, 2010 02:15:33 GMT
(CHOSUN ILBO) - Government websites on Friday were again struck by cyber
attacks traced to China, but the sites suffered no damage thanks to swift
action to block access.

The Ministry of Public Administration and Security said websites run by
the Ministry of Justice and the Korea Culture and Information Service fell
under a series of attacks, known as distributed denial-of-service, which
slow traffic. The attacks have been traced to more than 270 Internet
servers, most of them based in China.Earlier last week another government
website was similarly attacked by hackers believed to be in
China.(Description of Source: Seoul Chosun Ilbo Online in English --
English website carrying English summaries and full translations of
vernacular hard copy items of the largest and oldest daily Chosun Ilbo,
which is conservative in editorial orientation -- strongly nationalistic,
anti-North Korea, and generally pro-US; URL: http://english.chosun.com)

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190) Back to Top
Hana Financial's Real Estate Affiliate Buys San Francisco Office Building
- Yonha p
Monday June 14, 2010 02:04:27 GMT
Hana Financial-real estate

Hana Financial's real estate affiliate buys San Francisco office
buildingSEOUL, June 14 (Yonhap) -- A management firm of real estate assets
affiliated with Hana Financial Group Inc. has purchased a high-rise office
building in the U.S. as it seeks stable income sources overseas, the group
said Monday.Daol Fund Management Co. paid US$333 million for the 33-story
commercial building in San Francisco, which was then wholly leased to U.S.
banking group Wells Fargo &amp; Co. until 2026, Hana Financial said in a
statement.Two local fund investors -- Korea Teachers' Mutual Fund and KFCC
-- participated as key investors in the real estate deal, Hana Financial
said."The lease contract to Wells Fargo secures a 7 percent annual rent
income while future financial market stabilization is expected to bring in
price rises f or the landmarking office located in the key business
district of San Francisco," a Daol Fund official said.(Description of
Source: Seoul Yonhap in English -- Semiofficial news agency of the ROK;
URL: http://english.yonhapnews.co.kr)

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Commerce.

191) Back to Top
Kia to Recall Over 20,000 Mornings - Chosun Ilbo Online
Monday June 14, 2010 02:15:32 GMT
(CHOSUN ILBO) - Kia Motors announced that it will recall more than 20,000
units of its Morning subcompact after discovering a flaw in the fuel
injection system.

According the Ministry of Land, Transportation and M aritime Affairs on
Friday, fuel injection pipes installed in the model could possibly crack
and leak oil after chemically reacting with calcium chloride, which is
used to clear snow on roads during winter.The recall will affect vehicles
produced between Nov. 13, 2009 and Feb. 5, 2010.Owners can receive free
repair services at Kia service centers from Monday.(Description of Source:
Seoul Chosun Ilbo Online in English -- English website carrying English
summaries and full translations of vernacular hard copy items of the
largest and oldest daily Chosun Ilbo, which is conservative in editorial
orientation -- strongly nationalistic, anti-North Korea, and generally
pro-US; URL: http://english.chosun.com)

Material in the World News Connection is generally copyrighted by the
source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

192) Back to Top
Samsung to Sponsor Annual Track And Field League - Yonhap
Monday June 14, 2010 02:46:51 GMT
Samsung to sponsor annual track and field league

By Kim Young-gyoHONG KONG, June 14 (Yonhap) -- South Korean Electronics
heavyweight Samsung Electronics Co. has agreed to be the US$4 million
title sponsor of an annual track and field league inaugurated this year,
the event organizer said Monday.The International Association of Athletics
Federations (IAAF) said that Samsung will sponsor the Diamond League,
which already started on May 14 and took place in global cities including
Doha and Shanghai.The Korean consumer electronics giant will be the title
sponsor in 2010 and 2011 with an option to extend the deal for another
year.The latest deal is a major boost for the IAAF, whose financial
position has been hit by the globa l economic crisis. Last month, the body
was forced to announce that they would be making financial cutbacks of up
to $20 million until 2012.Samsung's new deal with the IAAF comes just a
year before it is due to hold the World Championships in Daegu, a South
Korean city where the company was founded 70 years ago. Samsung has since
grown into a global giant with a net turnover of $174 billion and a
payroll of 263,000 worldwide.Samsung is already a sponsor of the IAAF
World Athletics Series, which includes the World Championships.

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

193) Back to Top
ROK Trade Surplus With US Narrows in Jan-May Period
Updated version: rewording headline, adjusting tag s; Unattributed report:
"Korea's Trade Surplus With U.S. Narrows in Jan.-may" - JoongAng Daily
Online
Monday June 14, 2010 02:35:44 GMT
(Description of Source: Seoul JoongAng Daily Online in English -- Website
of English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

194) Back to Top
Prosecution System to Reform Fo r Enhanced Transparency - Chosun Ilbo
Online
Monday June 14, 2010 02:15:33 GMT
(CHOSUN ILBO) - State prosecutors plan to adopt a U.S.-style grand jury
system that will hand over prosecutors' exclusive indictment rights to a
panel of citizens.

Prosecutor General Kim Joon-gyu also said Friday that independent special
prosecutors will now be in charge of cases involving prosecutors, and
designated citizens will serve as jurors making legally binding
decisions.The moves are part of the prosecution's self-reform efforts in
light of public criticism that prosecutors who were involved in a bribery
scandal that came to light in April were eventually let off the hook with
light punishments.(Description of Source: Seoul Chosun Ilbo Online in
English -- English website carrying English summaries and full
translations of vernacular hard copy items of the largest and oldest daily
Chosun Ilbo, which is conservative in editorial orientation -- strongly
nationalistic, anti-North Korea, and generally pro-US; URL:
http://english.chosun.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

195) Back to Top
Hwagye Temple Chief Resigns Amid Controversy Over Gov't River Project -
Yonhap
Monday June 14, 2010 02:09:30 GMT
Hwagye Temple chief resigns amid controversy over gov't river project

SEOUL, June 14 (Yonhap) -- The chief monk of Hwagye Temple, who has been
an outspoken critic of the government's contentious river project,
expressed his intention Monday to resign and relieve himself from the na
tion's mainstream Buddhist sect, the Jogye Order.Ven. Monk Sugyeong has
been leading a Buddhist environmental movement to urge the government to
abort the four-river restoration project, while the Jogye Order leadership
has largely remained silent over the issue."I am laying down everything
and leaving," Monk Sugyeong said in a note left to one of his
confidants."For a while I lived thinking that I had a great cause for
everyone, getting involved in environmental and NGO organizations. Even
though I was at odds with the political authority, I saw myself as the
doer of great deeds."He then spoke on the recent suicide of Monk Munsu,
who immolated himself on May 31 demanding the suspension of the river
restoration project. Monk Munsu "had the courage of his conviction," Monk
Sugyeong said.Monk Sugyeong had been the chief of Hwagye Temple in
downtown Seoul, which has 120 temple branches abroad and plays a central
role for foreign monks training in K orea.The Jogye Order said last week
that it will try to draw consensus over the Lee Myung-bak government's
river project and other contentious public issues. Civic pressure had been
mounting on Jogye Order leaders to break their silence.The Lee government
has been pushing for the four-river restoration program to clean and
refurbish the Han River, the Nakdong River, the Geum River and the
Yeongsan River as a flagship project to enhance their industrial functions
and create jobs.Environmentalists say the river project is a de-facto
Grand Canal Project, which Lee had aborted earlier amid environmental
concerns and doubts over its economic impact.On Monday, Lee promised to
collect more public opinion about the issue.

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196) Back to Top
Blood Donation to Gain Recognition as Volunteer Work - Dong-A Ilbo Online
Monday June 14, 2010 01:11:00 GMT
(DONG-A ILBO) - Blood donation will be recognized as voluntary work from
next month, the Health and Welfare Ministry said Sunday.

"To promote blood donation, we will devise a regulation that considers
blood donation as volunteer work by this month and implement it in July,"
the ministry said.

According to the Republic of Korea National Red Cross, the share of
individual blood donors rose from 41.9 percent in 2003 to 62.8 percent
last year. The plan is to raise the figure to 70 percent this year.

The Public Administration and Safety Ministry decided not to recognize
blood donation as voluntary work in April, when an implementation plan on
compensation for volunteer wo rk was devised, a move opposed by the
ministry.

Last year, 2.57 million people donated blood in the country. Kim Kang-ryp,
director of the ministry's industrial healthcare policy bureau, said, "
Collective blood donation at schools declined due to the spread of the
H1N1 influenza virus, but the number of blood donors increased 10 percent
from last year due to growing awareness of social work."

To mark World Blood Donor Day Monday, the Health Ministry will give
official commendations to 28 people, including Cho Yeong-ghil, 51, a
volunteer worker at the Red Cross, and Choi Myeong, 37, who has donated
blood 239 times since his second year of high school.

(Description of Source: Seoul Dong-A Ilbo Online in English -- English
website carrying English summaries and full translation of vernacular hard
copy items of the second-oldest major ROK daily Dong-A Ilbo, which is
conservative in editorial orientation -- generally pro-US, anti-North
Korea; URL: http://english.donga.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

197) Back to Top
Daewoo Shipbuilding Wins US$567 Mln Order From Dutch Firm - Yonhap
Monday June 14, 2010 01:27:06 GMT
Daewoo Shipbuilding-order

Daewoo Shipbuilding wins US$567 mln order from Dutch firmSEOUL, June 14
(Yonhap) -- Daewoo Shipbuilding &amp; Marine Engineering Co., South
Korea's third largest shipbuilder, said Monday that it has clinched a
694.2 billion won (US$567.2 million) order from a Dutch company to build a
vessel to construct offshore plants.Under the deal with Allseas Group SA,
Daewoo Shipbuilding will d eliver the vessel by the end of 2013, the
shipbuilder said.(Description of Source: Seoul Yonhap in English --
Semiofficial news agency of the ROK; URL: http://english.yonhapnews.co.kr)

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

198) Back to Top
Korea's Moment to Shine
"Viewpoint" column by Sakong Il, the chairman of the Presidential
Committee for the G-20 Summit and Translation by the JoongAng Daily staff:
"Korea's Moment to Shine" - JoongAng Daily Online
Monday June 14, 2010 00:53:54 GMT
(Description of Source: Seoul JoongAng Daily Online in English -- Website
of English-languag e daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

199) Back to Top
Exit Strategy Must Be Carefully Set - JoongAng Daily Online
Monday June 14, 2010 00:48:51 GMT
(JOONGANG ILBO) - The Korean government implemented aggressive fiscal
measures (e.g., supplementary budget spending and tax policy reform) to
cope with the global financial cr isis. Since such measures required high
fiscal input, Korea's budget balance deteriorated rapidly and public debt
rose sharply.

Without a fiscal exit strategy, Korea's debt accumulation will continue to
rise in the future as the nation's prolonged low birth rate and ageing
population inflate budget deficits and government debt. There is a
possibility that government debt could spiral out of control because of
current and future demand for public spending.An expansionary fiscal
policy can help stimulate the economy over the short-term in abnormal
circumstances like a global economic crisis. But it is not a sound policy
for long-term economic growth because its stimulus effects are short-lived
and increase government debt. If the Korean government misses the right
time to exit from fiscal stimulus, the economy may grow accustomed to
stimulus measures. That would worsen the government's fiscal health and
increase fiscal deficits, raising country risk and spurring fears i n the
financial markets. A rapid rise in public debt can increase the burden of
repaying the principal, disrupting the government bond market.To
accurately predict the effect of fiscal tightening, it is necessary to
take into account the expectations and response of economic agents to
policy changes. Typically, individuals and businesses react to the future
course of government policy as sensitively and strategically as the policy
already in place. If policy makers do not respect the market's anticipated
response to their policy actions, the government's policy can cause
unintended consequences.Based on economic agents' strategic responses to
the fiscal exit strategy, we can expect three likely scenarios.The first
scenario is when economic agents do not anticipate a near-term exit from
government stimulus. In this case, fiscal exit strategies can dampen
economic sentiment. Unexpected cuts in fiscal spending could dent consumer
confidence and contract investment, leading to a double-dip recession.The
second scenario is when economic agents do anticipate the implementation
of fiscal exit strategies. In this case, the adverse effects of fiscal
tightening on market demand will be limited.The third scenario is when
economic agents anticipate exit strategies but believe that the subsequent
fiscal policy will not last long. In that case, exit strategies may
negatively affect economic growth. Investment and consumption will be
restrained because people expect that another round of government largesse
will be in the pipeline shortly.Uncertainty about the exact timing and
methods of exit strategies often increase the side effects of the spending
cut. If the government turns to fiscal tightening without giving a clear
signal, the exit from stimulus could hurt economic sentiment.To achieve a
seamless transition to normal government spending, officials need to send
a steady stream of unambiguous signals to the market so that it can
accurately anticipate the timing and method of exit strategies and make
needed adjustments.To this end, the Korean government needs to design a
road map where an automatic shift to tightened spending is tied to the
economic recovery. Specifically, a system which triggers a fiscal exit
strategy automatically if economic growth is 5 percent or more is worth
considering. Aligning the timing of exit strategies with economic
indicators is necessary because uncertain factors such as surging oil
prices and sluggish job market may impede sustained economic growth in
2010.For the mid to long-term, it is essential to strengthen fiscal
discipline. To that end, introducing fiscal rules will give a binding
force to fiscal management. This would involve setting up specific targets
for aggregate fiscal indicators (e.g., budget balance, fiscal expenditure
and public debt). By doing so, the government could convince the market
that the measures to restore fiscal health will not be fleeting. Fiscal
rules improve fisc al health more effectively than discretionary fiscal
tightening. Finally, the government should refrain from creating a
supplementary budget which has been introduced every year since 1999
(excluding 2007).*The writer is a research fellow in the Macroeconomic
Research Department at Samsung Economic Research Institute. For more SERI
reports, please visit www.seriworld.org.(Description of Source: Seoul
JoongAng Daily Online in English -- Website of English-language daily
which provides English-language summaries and full-texts of items
published by the major center-right daily JoongAng Ilbo, as well as unique
reportage; distributed as an insert to the Seoul edition of the
International Herald Tribune; URL: http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

< br>200) Back to Top
New Limits Set For FX Forward Exchanges in Oct. - Dong-A Ilbo Online
Monday June 14, 2010 00:57:56 GMT
(DONG-A ILBO) - Forward exchange transactions will face new restrictions
from October, and the Korean branches of a foreign bank will be subject to
the same risk management standards as those for domestic counterparts.

Forward exchange is a derivative that allows dollar purchases at a fixed
exchange rate.

A measure to force foreign currency borrowings to be used overseas only
will also be implemented from next month. Accordingly, the direction of
liberalizing foreign currency transactions in Korea will be partly revised
after staying on the same course since 1999.

The government seeks to better handle increasing volatility in the foreign
exchange market due to unfavorable conditions abroad.

The measures were included in a plan announced Sunday to ease fluctuations
in capital flows in and out of the country presented by the Strategy and
Finance Ministry, the Bank of Korea, the Financial Services Commission and
the Financial Supervisory Commission.

Under the plan, transactions of forward exchanges that bank purchase from
shipbuilding and automotive companies will be limited to 50 percent of
equity for domestic banks and 250 percent for foreign bank branches.

The share of forward exchanges at domestic banks was 15.6 percent in
April, so no problems are expected because of the new regulation. Foreign
bank branches will be affected, however, since their share of forward
exchanges is 301.2 percent.

Among countries to liberalized foreign currency exchanges, Korea is the
first to impose a separate regulation on forward exchange limits.

Banks had been allowed to buy forward exchanges from exporters witho ut
limits. Domestic banks and foreign bank branches that bought forward
exchanges have borrowed dollars overseas for a short period and then sold
them in the domestic foreign currency market to reduce risks stemming from
foreign exchange volatility.

If the won's value is high when a company, which has sold forward
exchanges to a bank, requests to the bank to convert dollar-denominated
export earnings to the won, the bank will suffer huge losses. So banks buy
the won by selling dollars by the time they purchase forward exchanges. In
such a process, short-term loans soar and fluctuations in foreign exchange
increase.

The government says the ceiling on forward exchange transactions will
cause short-term loans to gradually decline, preventing a massive amount
of foreign capital from flowing out of the country in a financial crisis.

To maintain a sound foreign exchange market, foreign bank branches will be
encouraged to voluntarily manage foreign liquidity ri sks. Only domestic
banks have been required to have a diversity of funding sources and devise
fundraising plans in emergencies. A similar regulation will be imposed on
branches of foreign banks, however, after a three-month grace period.

Companies or individuals that take out foreign currency loans from banks
should use the funds overseas to pay for imports, repay foreign currency
loans, and directly invest in foreign companies.

Dollars has flowed in the domestic foreign currency market due to a
regulation allowing companies and individuals to use foreign currency
loans in Korea for facility investment.

(Description of Source: Seoul Dong-A Ilbo Online in English -- English
website carrying English summaries and full translation of vernacular hard
copy items of the second-oldest major ROK daily Dong-A Ilbo, which is
conservative in editorial orientation -- generally pro-US, anti-North
Korea; URL: http://english.donga.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

201) Back to Top
Korean Won Jumps Against Dollar on Eased Market Uncertainty - Yonhap
Monday June 14, 2010 00:53:54 GMT
Korean won jumps against dollar on eased market uncertainty

SEOUL, June 14 (Yonhap) -- The South Korean currency surged against the
U.S. dollar in early trading on Monday as market uncertainty was eased by
the government's currency stabilization measures, dealers said.The local
currency was trading at 1,225.80 won to the greenback as of 9:26 a.m., up
20.30 won from the previous session. The Korean unit rose as high as 1,225
won to the dollar at one point in early trad ing.The government unveiled
on Sunday tighter regulations on currency forward deals in a bid to ease
volatile capital flows in and out of the country and stem rising
short-term foreign debt.Under the measures, the government will restrict
the amount of currency forwards and other currency-related derivatives
held by Korean banks to 50 percent of their equity capital, while the
ceiling for foreign banks' local branches will be set at 250 percent.The
key stock index rose 0.84 percent to 1,689.39 as of 9:26 a.m., with
foreign investors snapping up Korean stocks.The won's volatility increased
in the recent sessions ahead of the announcement of the regulations, but
after details of the rules were unveiled, the local currency gained
strength due to eased uncertainty, analysts said.

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holder. Inquiries regarding use may be directed to NTIS, US Dept. of
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202) Back to Top
Korea's Trade Surplus With U.S. Narrows in Jan.-may - JoongAng Daily
Online
Monday June 14, 2010 00:37:43 GMT
(JOONGANG ILBO) - Korea's trade surplus with the United States so far this
year reached less than a quarter of that registered a year earlier due to
a sharp import increase from the U.S., data showed yesterday.

Korea's exports to the U.S. stood at $3.89 billion in April with imports
coming to $3.2 billion, bringing the trade balance to a surplus of $690
million in one month, the U.S. Department of Commerce data, released by
Korea's foreign ministry, showed.For the January-April period this year,
Korea's accumulated trade surplus with the country came to $1.2 billion
after shipping out $13.82 billion and bringing in $12.62 bill ion worth of
goods, according to the data.The surplus recorded for the four months
marks a 76 percent decline from $5 billion during the same four months in
2009.The drastic fall came as Korea's inbound shipment grew sharply amid
an economic recovery while its exports remained little changed.Local
exports to the U.S. grew just $1.08 billion on-year to $13.82 billion in
the first four months of this year. Inbound shipment jumped $4.89 billion
to $12.62 billion, according to the data.In terms of key trading sectors,
Korea's trade surplus reached $1.43 billion in information technology
goods during the January-April period, with the surplus in the automobile
and auto parts trade with the U.S. reaching $3.01 billion, the data
showed.(Description of Source: Seoul JoongAng Daily Online in English --
Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage ; distributed as an
insert to the Seoul edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

Material in the World News Connection is generally copyrighted by the
source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

203) Back to Top
Foreigners Dumped Local Stocks in May - JoongAng Daily Online
Monday June 14, 2010 00:48:51 GMT
(JOONGANG ILBO) - Foreign investors turned to net sellers of Korean stocks
in May amid deepening euro-zone debt woes, but they remained buyers of
local bonds, the Financial Supervisory Service said yesterday. Overseas
investors net sold 6.1 trillion won ($7.4 billion) worth of local stocks
last month, a reversal from their 11.4 t rillion won in net buying during
the first four months of this year.

The May sell-off brought the combined holdings of foreign investors to
294.4 trillion won as of the end of May.In the local bond market, however,
overseas buyers continued to increase investments in May on the back of a
solid Korean economy and positive performance of local bonds.(Description
of Source: Seoul JoongAng Daily Online in English -- Website of
English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

204) Back to Top
BOK to Lower Rate Ceiling - JoongAng Daily Online
Monday June 14, 2010 00:43:48 GMT
(JOONGANG ILBO) - The Bank of Korea will lower the cap on low-rate loans
offered to small businesses later this month as part of efforts to roll
back extra measures adopted to support the economy during the global
financial crisis, bank officials said yesterday.

The central bank will bring down the ceiling from the current amount of 10
trillion won ($8 billion) in June, they said.The decision comes as the BOK
strives to modify its monetary policies to pre-crisis levels after driving
up the cap by a combined 3.5 trillion won between October 2008 and March
2009 amid the global financial meltdown.The BOK loans, extended to
commercial banks for small and midsize enterprises, carry an annual
interest rate of 1.25 percent, which is far lower than what the market
charges.The central bank is expected to lower the cap by 2 trillion won
this year and gradually implement further reductions.Korea is facing
growing calls to end its economic stimulus measures taken in the height of
the crisis as a strengthening economic recovery forms upward inflationary
pressures.The central bank left its benchmark policy interest rate at a
record-low 2 percent earlier in June, standing pat for the 16th straight
month.After the decision, BOK Governor Kim Choong-soo said "upward
pressure on inflation is expected to gradually mount in the second half as
the economic recovery will likely pick up and public utilities charges are
expected to rise," a comment interpreted by analysts as hinting at a
possible rate hike in the coming months.Various upward economic indicators
has also put pressure on the central bank to modify its policies
.(Description of Source: Seoul JoongAng Daily Online in English -- We
bsite of English-language daily which provides English-language summaries
and full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

205) Back to Top
Chinese FTA a Bittersweet Prospect
"Viewpoint" column by Song E-young, a professor of economics at Sogang
University and Translation by the JoongAng Daily staff: "Chinese FTA a
Bittersweet Prospect" - JoongAng Daily Online
Monday June 14, 2010 00:43:48 GMT
(Description of Source: Seoul JoongAng Daily Online in English -- Website
of English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
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206) Back to Top
Lee Expected to Replace Key Aides Before By-election - JoongAng Daily
Online
Monday June 14, 2010 00:37:49 GMT
(JOONGANG ILBO) - A top-level r eshuffle is reportedly in the works at the
Blue House in the face of mounting criticism about high-handedness by top
presidential aides.

President Lee Myung-bak is expected to hurry to replace key secretaries
ahead of next month's legislative by-elections to restore the ruling
party's plummeting popularity.Lee will address the nation this morning to
unveil his response to the election fallout and the direction of key
policies for the rest of his term, the Blue House said in a press release
yesterday."Lee will map out the direction and plans to improve the
governance system and explain his ideas about reshuffles within the ruling
party, cabinet and the Blue House in this address," the press release
said. "The president will also make public his position about key state
projects, including the revision of the Sejong City development blueprint
and the four major rivers restoration program."The speech is scheduled to
be aired live at 8 a.m. by major TV and radio networks, Blue House
officials said.The presidential address is expected to be Lee's first
public reaction to the ruling party's defeat in the June 2 local
elections, and the growing demands for changes at the top. Lee has faced
severe pressure to fire his presidential secretaries and cabinet members
for their "arrogant and overbearing governance."While the opposition
parties vowed to stop Lee's signature projects, young, reformist Grand
National lawmakers angrily demanded that top presidential aides be sacked
for failing to assist Lee properly. On Thursday, 51 first-term GNP
lawmakers signed an appeal to the president.A post-election assessment
poll has shown that more than half of the voters said the Lee
administration is to blame for the GNP's defeat. A significant number of
respondents also said they wanted to judge the administration's
high-handed approach to pushing key projects, including revising the
Sejong City plan and four major rivers restora tion projects.While some
presidential aides had said that Lee would wait until after the July 28
legislative by-elections to name new aides, there were increasing signs
that the reshuffle will take place sooner than later. "Preparations are
ongoing to reshuffle the secretariat, and the change will be announced at
an appropriate time," a senior Blue House official said Friday.Another top
presidential aide confirmed that Lee will move up the Blue House overhaul.
"As soon as he is ready, Lee will reshuffle the secretariat even before
the July 28 legislative by-elections," the aide said. "But the president
will take more time to reshuffle the cabinet. All the senior secretaries
are ready to take responsibility. None of them are clinging to the
posts."Presidential Chief of Staff Chung Chung-kil expressed his intention
to resign on June 3, but none of the senior secretaries followed suit,
angering the ruling party. Another senior Blue House official s aid Friday
that the president will act swiftly.The change comes amid growing media
reports about a bloody and embarrassing feud between Lee's party and his
secretariat. Lee has remained tight-lipped about how he will handle the
election fallout even as the power struggle grew more serious.The
controversy caught Prime Minister Chung Un-chan in the line of fire last
week. Major daily newspapers reported Thursday that Chung asked to meet
alone with the president to propose a major reshuffle on Wednesday, but
was blocked by Lee's secretaries. As the news spread, Chung's office
issued a short denial. "Some media reports about what's on the prime
minister's mind were inaccurate," the office said, adding that the country
is in a crisis and the cabinet and civil servants must unite to manage the
state affairs.(Description of Source: Seoul JoongAng Daily Online in
English -- Website of English-language daily which provides
English-language summaries and full-texts of items published by the major
center-right daily JoongAng Ilbo, as well as unique reportage; distributed
as an insert to the Seoul edition of the International Herald Tribune;
URL: http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
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207) Back to Top
KT Hits a Wi-fi Milestone - JoongAng Daily Online
Monday June 14, 2010 00:37:48 GMT
(JOONGANG ILBO) - With the rising popularity of smartphones, Korean mobile
service operators have been rushing to add wireless Internet hot spots
across the country.

The main reason is simple: having an ample amount of Wi-Fi zones - which
allow users t o access the Internet on the devices - can help companies
lure more customers to their phones and services. A major selling point
for smartphones, after all, is their ability to connect to the Web.KT,
Korea's No. 2 mobile service operator, is leading the way in wireless hot
spots, announcing yesterday that it now has roughly 21,000 Wi-Fi zones -
which it claims is the most in the industry. AT&amp;T, the leading Wi-Fi
service provider in the United States, currently has 20,000
hotspots."We've ushered in a new era where Wi-Fi connection is available
to nearly everyone, everywhere," said Lee Dae-san, KT's wireless network
division head.KT plans to add about 6,000 more zones in spots at Incheon
International Airport, expressway rest stops, CGV movie theaters, GS
Caltex gas stations and GS retail convenience stores, among other
areas.With SK Telecom building some 10,000 Wi-Fi hotspots, telecom firms
here will offer a total of 37,000 wireless Internet zones by the en d of
the year.(Description of Source: Seoul JoongAng Daily Online in English --
Website of English-language daily which provides English-language
summaries and full-texts of items published by the major center-right
daily JoongAng Ilbo, as well as unique reportage; distributed as an insert
to the Seoul edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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Liberals, Conservatives Debate Goals - JoongAng Daily Online
Monday June 14, 2010 00:37:46 GMT
(JOONGANG ILBO) - The economic future of the nation was the main con cern
of experts gathered at an economic debate between liberals and
conservatives that took place Saturday at the Songpa Cultural Center and
was hosted by the Wontak Academy. Though the stated topic was "the global
financial crisis and the economic policies of the Lee Myung-bak
administration," participants had more to say about Korea's economic
course over the next ten years.

"Considering our aging society, the next ten years may be our only chance
to become an advanced nation," said Kang Suk-hoon, professor of economics
at Sungshin University and a conservative. "In order to cultivate market
competitiveness and creativity, the early promises of the Lee Myung-bak
administration such as privatization and tax reductions must be
kept."Liberals agreed on Korea's need for growth, but disagreed on
methods. "Based on precedents such as Posco and KT&amp;G, there is no
evidence that privatization is more effective," said Jeong Tae-i n, former
presidential secretary for economic affairs. "A creative product such as
the iPhone will only emerge from Korea through bolstering the productivity
of manufacturing plus small and midsized enterprises."The two sides
clashed on the global financial crisis as they debated whether the market
or government was the main cause. Jeong blamed the former, saying "the
U.S. financial system itself was distorted and led to profligate
spending," and the lack of proper government financial restrictions sealed
its fate.Kim Chung-ho, head of the Center for Free Enterprise, claimed
that it was a "market failure due to governmental failure," and that "a
misguided interest rate policy led to the subprime mortgage
situation."Both sides agreed on a negative forecast for the global
economy, saying that "it's hard to express a positive outlook with the
current European financial crisis and U.S. employment rates."(Description
of Source: Se oul JoongAng Daily Online in English -- Website of
English-language daily which provides English-language summaries and
full-texts of items published by the major center-right daily JoongAng
Ilbo, as well as unique reportage; distributed as an insert to the Seoul
edition of the International Herald Tribune; URL:
http://joongangdaily.joins.com)

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source cited. Permission for use must be obtained from the copyright
holder. Inquiries regarding use may be directed to NTIS, US Dept. of
Commerce.

209) Back to Top
Seoul to Fine Gum Spitters - Yonhap
Monday June 14, 2010 00:48:52 GMT
Seoul to fine gum spitters

By Kim Eun-jungSEOUL, June 14 (Yonhap) -- The Seoul Metropolitan
Government is set to levy fines fo r the spitting of chewing gum on the
streets as part of its efforts to clean up the city ahead of the Group of
20 summit to be held here in November, city officials said Monday.The city
government has revised its ordinance to impose fines of 30,000 won (US$26)
to 50,000 won on anyone caught spitting chewing gum on Seoul streets,
officials said. Enforcement of the new rule and actual amounts of fines
will vary from district to district within the capital.Under the city's
past ordinance, throwing cigarette butts and litter alone were punishable
with a fine.The government plans to carry on a public campaign through
August to refrain people from dropping gum in public places, and will
begin a full-fledged crackdown on gum spitters from September, officials
said."Ahead of the Group of 20 meeting, the city decided to clamp down on
those who spit gum to make for a better environment," a city official
said. "With citizens' voluntary cooperation with this, we could mak e a
cleaner city."

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210) Back to Top
Accumulated Sales of Hyundai Sonata Sedan Tops 5 Mln - Yonhap
Sunday June 13, 2010 23:24:12 GMT
Hyundai Motor-Sonata sales

Accumulated sales of Hyundai Sonata sedan tops 5 mlnSEOUL, June 14
(Yonhap) -- Hyundai Motor Co., South Korea's top automaker, said Monday it
has sold more than 5 million units of its mid-size Sonata sedan worldwide,
a feat achieved 25 years after the first Sonata was rolled out in
1985.Some 2.7 million units of various Sonata models, from the very first
Sonata to the latest sixth-generation Sonata, locally known as the Sonata
YF, were sold here while the rest were sold overseas, including 1.3
million units in the United States."The Sonata is the very history of
South Korea's mid-size sedans that enjoyed the great affection of
customers for the past 25 years, even called the best sedan of South
Korea," a Hyundai executive said.The Sonata is only the third South Korean
vehicle to reach accumulated global sales of 5 million units, following
the Accent and the Avante, both also by Hyundai Motor, the company
said.Hyundai Motor is set to introduce the next generation hybrid Sonata
in the second half of the year, according to the Hyundai
executive.(Description of Source: Seoul Yonhap in English -- Semiofficial
news agency of the ROK; URL: http://english.yonhapnews.co.kr)

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