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The Seoul Metropolitan Government has one mayor and three vice mayors, with one in charge of political affairs and the other two in charge of administrative affairs. Seoul is subdivided into 25 autonomous gu and 522 administrative dong. [1] [2] The Seoul Institute (SI), the think tank for the city, was established in 1992 by the Seoul ...
Economy of South Korea. Seoul, the capital of South Korea, is home to giant business groups such as Hyundai, SK, LG, Hanhwa, GS, KB, CJ and Samsung, ranking fifth in global city GDP and second in Asian city GDP. [ 5] The service sector accounts for the largest portion of the city's labor force. As the center of the country's finance, Seoul is ...
South Korea's economy moved away from a centrally planned, government-directed investment model toward a more market-oriented one. These economic reforms, pushed by President Kim Dae-jung, helped South Korea maintain one of Asia's few expanding economies [citation needed], with growth rates of 10.8% in 1999 and 9.2% in 2000. Growth fell back to ...
SEOUL/TOKYO (Reuters) -South Korean President Yoon Suk Yeol and Chinese Premier Li Qiang agreed on Sunday to launch a diplomatic and security dialogue and resume talks on a free trade agreement ...
Jul. 8—AUSTIN — Governor Greg Abbott on Monday delivered remarks at the U.S. Embassy in the Republic of Korea while in Seoul on the second day of a three-nation economic development mission to ...
The two argue that this agreement favors China more than Japan due to South Korea's unsafe political security history with Japan, which has affected the Seoul-Tokyo economic relations. [9] This has led to a decrease in trade and export between both countries; Japanese tourism is one of the big exporting services South Korea offers, which ...
The article lists the GDP of Japanese prefectures in main fiscal years, where all figures are obtained from the Statistics Bureau of Japan (日本統計局).Calculating GDP of Japanese prefectures is based on Japanese yen (JP¥), for easy comparison, all the GDP figures are converted into United States dollar (US$) or Renminbi (CN¥) according to current annual average exchange rates.
This article is intended to give an overview of the trade policy of South Korea. In 1945 Korea was liberated from the Empire of Japan at the end of World War II. A destructive drought in 1958 forced Korea to import large amounts of food grains. In 1950, the Korean War (a war between the Republic of Korea and the Democratic People's Republic of ...