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Yonhap News Summary

All Headlines 13:30 March 06, 2018

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

(2nd LD) N.K. leader reaches 'satisfactory' agreement with S. Korean envoys over summit with Moon

SEOUL -- North Korean leader Kim Jong-un has reached a "satisfactory" agreement with South Korean special envoys over a summit with President Moon Jae-in, the North's state media said Tuesday.

Kim received a letter from Moon delivered by the South's delegation on Monday and exchanged views on ways to ease military tensions and boost dialogue and cooperation, according to the Korean Central News Agency (KCNA).

(LEAD) Governor offers to step down amid sexual abuse allegations

SEOUL -- A provincial governor offered to resign early Tuesday amid allegations that he sexually abused a female secretary as the "Me Too" movement began to spread to political circles.

An Hee-jung, a prominent liberal politician, apologized and offered to step down as governor of the central South Chungcheong Province, hours after his secretary for political affairs revealed that he forced her to have sex four times over the past eight months.

N.K.'s delegation to Paralympics to come to S. Korea Wed. morning

SEOUL -- South Korea's unification ministry said Tuesday that North Korea's 24-member delegation to the PyeongChang Winter Paralympics will come to the South the following morning.

The North's 20-member athletic delegation and four-member team of National Paralympic Committee (NPC) officials are expected to cross the border Wednesday morning, according to Seoul's unification ministry.

N.K. nuclear reactor shows signs of operation: 38 North

WASHINGTON -- A North Korean nuclear reactor has recently shown signs of operation, suggesting the regime has resumed production of plutonium for its nuclear weapons program, a U.S. website said Monday.

38 North, which monitors the reclusive state, said commercial satellite imagery from Feb. 25 showed activity around the 5 MWe reactor at the Yongbyon Nuclear Scientific Research Center.

(LEAD) S. Korea's consumer prices rise 1.4 pct in Feb.

SEJONG -- South Korea's consumer prices increased more than 1 percent in February on gains by agricultural goods and services, government data showed Tuesday.

The country's consumer price index climbed 1.4 percent last month from a year earlier, accelerating from the previous month's 1 percent on-year gain, according to the data compiled by Statistics Korea.

S. Korea's current account surplus narrows to $2.68 bln for January

SEOUL -- South Korea's current account surplus narrowed in January from a month earlier due mainly to a jump in the deficit of the service account, central bank data showed Tuesday.

The country's current account surplus reached US$2.68 billion in January, down from a surplus of $4.09 billion a month earlier, according to the preliminary data from the Bank of Korea (BOK).

S. Korean trade minister heads to U.S. over steel tariffs

SEOUL -- South Korean Trade Minister Kim Hyun-chong on Tuesday set out on his second trip to Washington, D.C. in a week to meet with government officials and lawmakers to get Seoul exempted from proposed steel product tariffs announced by the United States.

His trip comes as U.S. President Donald Trump is set to impose a 25 percent tariff on steel imports this week, a move certain to affect South Korean steel producers.

Trump says 'not backing down' on steel tariffs

WASHINGTON -- U.S. President Donald Trump said Monday he's "not backing down" from his plan to impose tariffs on steel and aluminum imports.

The action is expected to come this week, with Trump earlier announcing plans to introduce a 25 percent tariff on steel and a 10 percent tariff on aluminum. The new duties would hurt South Korea, the No. 3 exporter of steel products to the U.S. last year, after Canada and Brazil.

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