The Taiwan Strait stands as a critical nexus in East Asia, drawing attention from South Korean observers who identify it as a potential flashpoint in US - China conflicts.
A sum of $7 billion in revenue from the sale of petrochemical and oil products is being withheld from the Islamic Republic of Iran between two South Korean banks, Iranian state-run Mehr News Agency..
Nigeria seeks $1.4m to bring in security ship donated by South Korea to fight piracy amidst claims of continuous sabotage of Nigeria by member states in the Gulf of Guinea.
Nigeria, through the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Republic of Korea, have signed a Memorandum of Understanding (MoU) of cooperation in the field of maritime..