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Yonhap News Summary

2018/03/13 13:33

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The following is the first summary of major stories moved by Yonhap News Agency on Tuesday.


Abe calls for 'concrete' action from N.K. for denuclearization

TOKYO -- Japanese Prime Minister Shinzo Abe on Tuesday emphasized the need for North Korea to take "concrete" actions for denuclearization as the United States is set to hold an unprecedented summit with the North by May.

Abe made the remarks during his meeting with South Korean National Intelligence Service chief Suh Hoon, who was visiting Tokyo to brief him on the outcome of his recent trips to Pyongyang and Washington.


Upcoming inter-Korean summit may be shorter than previous ones: Seoul

SEOUL -- South Korea is seeking "practical" preparation for an upcoming inter-Korean summit, as next month's meeting could last for a shorter period of time than summits held in 2000 and 2007, a Seoul official said Tuesday.

Seoul is to set up a committee to prepare for the summit, which will be held at the border village of Panmunjom in late April, a major breakthrough in long-frayed inter-Korean ties.


President to submit own bill on constitutional change next week: official

SEOUL -- President Moon Jae-in will table a government proposal for a constitutional amendment next week should the National Assembly fail to come up with its own proposal, an official from the presidential office Cheong Wa Dae said Tuesday.

The president is expected to submit the government bill on the constitutional change next Wednesday, the official told reporters while speaking on condition of anonymity.


Moon urges swift gov't measures to support SMEs, Gunsan disaster zone

SEOUL -- President Moon Jae-in urged the government Tuesday to quickly come up with measures to help small and medium-sized enterprises (SMEs), as well as people and businesses in Gunsan, the region hit by the recent shutdown of GM Korea plant there.

"Recently, our economy is showing continued signs of improvement in indicators regarding exports, industrial output, investment and consumption, but the conditions actually felt by SMEs and small business people are still very difficult," the president said in a Cabinet meeting held at his office Cheong Wa Dae.


Han Kang's latest novel nominated for Man Booker Int'l Prize

SEOUL -- South Korean novelist Han Kang, who won the Man Booker International Prize in 2016, has again been longlisted for the British literary award of world authority.

Han's "The White Book" was among the 13 contenders picked from 108 entries for the 2018 prize, according to the announcement on the organizer's website Monday (British local time).


S. Korea to expand R&D spending in innovative industries

SEOUL -- South Korea will jack up investment in research and development (R&D) for innovative industries to help local companies lead the fast-changing technology trends and create quality jobs, the government said Tuesday.

The Ministry of Trade, Industry and Energy said it will expand support for five promising new industries -- autonomous vehicles, home appliances using Internet-of-Things technology, bio health, semiconductors and displays, and renewable energy -- by increasing the percentage of R&D investment spent on these industries from the current 30 percent to 50 percent by 2022.