South Korea Current Affairs - 2020

US to End Sanctions Waivers to India

Reports suggest that the US could terminate the sanctions waivers it granted to some importers of Iranian oil after it re-imposed sanctions on Iran last year. Ending of Sanction Waiver Reports indicate that the US has already communicated to seven countries viz. Japan, South Korea, Turkey, Italy, Greece, China and India- that they will no longer Read More…

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India turns out to be Net Steel Importer in 2018-19 Fiscal

For the first time in three years, India was the net importer of steel during the financial year 2018-19. This was attributed to India losing market share among its traditional steel buyers and an increase in imports of higher-quality steel domestically. Indian Steel Exports Indian steel exports fell by 34 percent to 6.36 million tonnes in Read More…

Health Ministry Urged to Frame Law to Ban Manufacture, Sale of e-cigarettes

The Ministry of Commerce and Industries has urged the Health Ministry to frame law banning manufacture and sale of e-cigarettes in the country as in the absence of the domestic legislation, it would not be possible to put a blanket ban on its imports. The Ministry of Commerce and Industries has stated that without banning Read More…

PM Narendra Modi Honoured with Order of St Andrew the Apostle

Russia has awarded PM Narendra Modi with ‘Order of St Andrew the Apostle’ to PM Narendra Modi for promoting the bilateral special and privileged strategic partnership. The statement by the Russian Government has stated that Prime Minister of India Narendra Modi was decorated with the Order of St Andrew the Apostle – the highest state Read More…

South Korea Launched the world’s First Nationwide 5G mobile Network

South Korea launched the world’s first nationwide 5G mobile networks on 11 pm April 3, 2019. Three top telecom providers SK Telecom, KT, and LG Uplus launched the 5G services. South Korea launched the 5G services two days ahead of the schedule as there were speculations that US mobile carrier Verizon might start its 5G Read More…