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Jessica Weckhorst

YONHAP NEWS - 0 views

  • Seoul recently agreed to reopen its market to most U.S. beef cuts, lifting a five-year ban placed after the outbreak of the first mad cow case in the United States. The decision reached on April 18 is expected to permit U.S. beef shipments to arrive here around in mid May.
  • "We are very pleased that Korea has taken the decision," Vershbow said, "And this agreement is based on international scientific standards, which I think is the only policy for trading nations that they want to observe, that they want to have healthy economic relations with other nations."The Lee Myung-bak administration, however, faced mounting domestic criticism for rushing to the beef agreement despite lingering concerns over mad cow disease and feared impact on the local cattle industry
  • Resuming U.S. beef imports has been considered a key condition for Seoul gaining U.S. ratification of the free trade agreement
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  • The U.S. ambassador to Seoul said Wednesday that Korea's decision to resume U.S. beef imports will strengthen their bilateral alliance and that he was confident Seoul's free trade pact with Washington will get ratified in the U.S. within this year.
  • The U.S. envoy noted opposition in the U.S. Congress in the presidential election year but said he was "confident" that it will get ratified within U.S. President George W. Bush's term.
  • Nonetheless, President Bush explained to President Lee in Camp David less than two weeks ago that it is a priority for him to get Congress to ratify KORUS-FTA in 2008 and I'm confident he can meet that goal
  • We often refer to FTA as a 'win-win' agreement because both Korea and the United States will benefit, but it might be more appropriate to call it a 'win-win-win-win' because not
  • only the countries benefit but because businesses and consumers will benefit as well," he said.
staci fink

CNN.com - Voting begins in South Korea parliamentary elections - April 12, 2000 - 0 views

  • oting has begun across South Korea in parliamentary elections that observers say are critical to the country's economic and political future. The elections come amid now-robust economic performance, as well as on the heels of the announcement of improved ties with North Korea. Rival candidates made last-ditch appeals for votes as the world focused on the first-ever summit between the two Koreas.
  • Another pressing issue for Kim's 2-year-old government is the reform of South Korea's inefficient economic systems, especially its family-owned conglomerates, or chaebol. About a dozen of the conglomerates collapsed under debts in 1997, forcing South Korea to accept a record $58 billion bailout package from the International Monetary Fund.
  • President Kim has publicly said reunions of those separated family members will top the agenda. Only 50 people from each Korea were allowed to cross the border in 1985 for the first temporary family reunions. No further reunions have since been arranged because of military and political tensions. The Korean border, the world's most heavily armed, is sealed with nearly 2 million troops deployed on both sides.
Emily Sobieski

South Korea: Language, Culture, Customs and Etiquette - 0 views

  • Family welfare is much more important than the needs of the individual.
  • Meeting Etiquette
  • Wait to be introduced at a social gathering.
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  •  Bring fruit or good quality chocolates or flowers if invited to a Korean's home.
  • The number 4 is considered unlucky, so gifts should not be given in multiples of 4.
  • Wrap gifts in red or yellow paper, since these are royal colours. Alternatively, use yellow or pink paper since they denote happiness.
  • Do not wrap gifts in green, white, or black paper.
  • Gift Giving Etiquette
    • Sarah Snow
       
      All things listed below are important
  • Remove your shoes before entering the house.
  • Send a thank you note the following day after being invited to dinner.
  • Chopsticks should be returned to the table after every few bites and when you drink or stop to speak.
  • Do not pick up food with your hands. Fruit should be speared with a toothpick.
  • Try a little bit of everything. It is acceptable to ask what something is.
  • Dress Etiquette
  • Under no circumstances insult or to criticize in front of others.
  • This is a culture where "less is more" when communicating. Respond to questions directly and concisely.
  • Appointments are required and should be made 3 to 4 weeks in advance.
  • It is a good idea to send both an agenda and back-up material including information about your company and client testimonials prior to the meeting.
  • Have all written materials available in both English and Korean.
  •  Have one side of your business card translated into Korean.
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    good info about culture
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    ·Bow and say good bye to each person when you are leaving a party ·Wait to be introduced at a social gathering ·Person of lower status bows to those of higher status ·Use both hands when you are giving a gift ·Arrive up to 30 minutes late for a dinner ·Take off your shoes before you enter a persons house ·Eldest person is served dinner first ·Wait to be seated don't sit until you are told so
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    South Korea customs and stuff like that...
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