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Today in Korean history

All Headlines 14:00 June 11, 2018

June 12

1950 -- The Bank of Korea begins operations in Seoul. The central bank had to suspend operations less than two weeks later with the outbreak of the Korean War.

1962 -- South Korea establishes diplomatic relations with Chile.

1981 -- The Korea Press Foundation, a nationwide association of print and broadcast media, is launched in Seoul.

1995 -- U.S. and North Korean officials reach an agreement in Malaysia that Washington will provide the North with two light-water reactors and Pyongyang will freeze its nuclear development program.

2006 -- A group of 76 foreign diplomats in Seoul, including U.S. Ambassador Alexander Vershbow, takes a one-day trip to an inter-Korean joint industrial complex in North Korea's border town of Kaesong. The group was accompanied by then South Korean Foreign Minister Ban Ki-moon.

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