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Yonhap News Summary

All News 17:04 July 10, 2018

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

Moon, Modi hold talks on economic cooperation, regional peace

NEW DELHI -- South Korean President Moon Jae-in and Indian Prime Minister Narendra Modi held a bilateral summit Tuesday to discuss ways to further expand the countries' economic cooperation and trade, and enhance their joint efforts to ensure regional peace.

Moon proposed the countries further develop their special strategic partnership to build a future-oriented relationship based on their so-called 3P policy that promotes people-oriented peace and prosperity.

(LEAD) Defense minister vows stern measures against intelligence unit's wrongdoings

SEOUL -- South Korean Defense Minister Song Young-moo assured the public Tuesday that an envisioned team of military prosecutors will look independently into alleged wrongdoings by the Defense Security Command (DSC), an influential unit tasked with collecting security-related intelligence and investigating anti-state activities.

The DSC reportedly considered ways to invoke a set of draconian decrees to control domestic security conditions last year, when then President Park Geun-hye was impeached.

(LEAD) U.N. rapporteur: N. Korean restaurant workers seen as 'victims' of defection scam

SEOUL -- The U.N. special rapporteur on human rights in North Korea called Tuesday for a through and independent investigation into the controversial defection of a dozen North Korean restaurant workers to South Korea in 2016, saying at least some of them appear to be "victims" of a scam.

"There's a need to respect their rights as victims," Tomas Ojea Quintana said in a press conference in Seoul. "When I say victims, I am implying that they were subject to some kind of deceit in regard to where they were going."

S. Korea, India agree to boost ties in banking sector

SEOUL -- South Korea's banking federation said Tuesday it agreed with India to deepen bilateral cooperation to create more business opportunities.

Kim Tae-young, the chief of the Korea Federation of Banks (KFB), signed memorandum of understanding (MOU) with V.G. Kannan, who heads the Indian banking association, to work closely in a wide range of fields, such as financial deregulation and education and training for employees in the banking industry.

N.K. films to be publicly screened in S. Korea for first time

BUCHEON -- Nine North Korean films will be publicly shown at a South Korean film festival later this week amid the thaw in inter-Korean relations, the event's organizer said Tuesday.

"The Bucheon International Fantastic Film Festival (BIFAN) mapped out a plan to hold a special screening of North Korean films in consideration of the mounting peace mood on the Korean Peninsula, and recently obtained a government permit to show them publicly," the BIFAN secretariat said.

Police forward Korean Air chief's wife's case to prosecution

SEOUL -- Police have wrapped up their investigation into the wife of Korean Air Lines Co.'s chief on assault allegations and sent the case to the prosecution suggesting she be indicted, officials said Tuesday.

Lee Myung-hee, wife of Hanjin Group Chairman Cho Yang-ho, has been under investigation since late April on suspicion that she routinely assaulted and bullied employees at Hanjin affiliates and others under her influence for years.

Infrastructure investment to rise if N. Korea opens up: Seoul official

SEOUL -- A senior South Korean financial regulator said Tuesday infrastructure investment in North Korea will rise if the North ultimately opens up its economy.

U.S. President Donald Trump and North Korean leader Kim Jong-un held an unprecedented summit in Singapore last month during which Kim pledged to work toward complete denuclearization of the Korean Peninsula.

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