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May 24 Measures
The May 24 measures, also called 5.24( ko, 5·24조치), are the sanctions imposed by South Korea against North Korea preventing economic relations with North Korea, implemented in response to the sinking of the ROKS Cheonan on 26 March 2010 that resulted in the death of 46 sailors. In October 2018, the South Korean government was considering lifting the May 24 measures against North Korea, though former United States President Donald Trump expressed displeasure at the move. Background After the ROKS ''Cheonan'' sinking on 26 March 2010, a South Korean investigation concluded that the ship had been sunk by North Korea using a torpedo. The May 24 measures were intended to address North Korean responsibility for the sinking and to normalize the relationship between South and North Korea. The main sanctions are: * banning visits by South Koreans to North Korea * halting all North-South trade * prohibiting business expansion by South Koreans in the north * halting all aid projects ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Korea
North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korean Peninsula and shares borders with China and Russia to the north, at the Yalu (Amnok) and Tumen rivers, and South Korea to the south at the Korean Demilitarized Zone. North Korea's border with South Korea is a disputed border as both countries claim the entirety of the Korean Peninsula. The country's western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. North Korea, like its southern counterpart, claims to be the legitimate government of the entire peninsula and adjacent islands. Pyongyang is the capital and largest city. In 1910, Korea was annexed by the Empire of Japan. In 1945, after the Japanese surrender at the end of World War II, Korea was divided into two zones along the 38th parallel, with the north occupied by the Soviet Union and the south occupied by the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ROKS Cheonan Sinking
The ROKS ''Cheonan'' sinking occurred on 26 March 2010, when , a of the Republic of Korea Navy, carrying 104 personnel, sank off the country's west coast near Baengnyeong Island in the Yellow Sea, killing 46 seamen. The cause of the sinking remains in dispute, although evidence points to North Korea. A South Korean-led official investigation carried out by a team of international experts from South Korea, the United States, the United Kingdom, Canada, Australia, and Sweden presented a summary of its investigation on 20 May 2010, concluding that the warship had been sunk by a North Korean torpedo fired by a midget submarine. The conclusions of the report resulted in significant controversy within South Korea. Following the sinking, South Korea imposed sanctions against North Korea, known as the May 24 measures. North Korea denied that it was responsible for the sinking. North Korea's further offer to aid an open investigation was disregarded.Watson Paul (19 July 2012)South ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States President
The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces. The power of the presidency has grown substantially since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasingly strong role in American political life since the beginning of the 20th century, with a notable expansion during the presidency of Franklin D. Roosevelt. In contemporary times, the president is also looked upon as one of the world's most powerful political figures as the leader of the only remaining global superpower. As the leader of the nation with the largest economy by nominal GDP, the president possesses significant domestic and international hard and soft power. Article II of the Constitution establi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pennsylvania with a bachelor's degree in 1968. He became president of his father's real estate business in 1971 and renamed it The Trump Organization. He expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses. He later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series '' The Apprentice''. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. Trump's political positions have been described as populist, protectionist, isolationist, and nationalist. He won the 2016 United States presidential election as the Republican nominee against Democratic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party Of Korea
The Democratic Party of Korea (DPK; ), formerly known as the New Politics Alliance for Democracy (NPAD), is a liberal political party in South Korea. Controlling the unicameral National Assembly as of 2022, the DPK is regarded as one of two major parties in South Korea, along with its rival, the People Power Party (PPP). The party was founded on 26 March 2014 as a merger of the Democratic Party and the preparatory committee of the New Political Vision Party (NPVP). History Formation and Ahn–Kim leadership (March–July 2014) The Democratic Party was formed as the New Politics Alliance for Democracy () on 26 March 2014 after an independent group led by Ahn Cheol-soo, then in the process of forming a party called the New Political Vision Party, merged with the Democratic Party led by Kim Han-gil. The former Democratic Party was absorbed into the NPAD while the preparatory committee of the NPVP was dissolved, with members who supported the merger joining the NPAD individua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chung-in Moon
Moon Chung-in (born 25 March 1951, in Jeju Province, South Korea) is a Special Advisor to President Moon Jae-in of South Korea for Foreign Affairs and National Security. He is also a Distinguished University Professor of Yonsei University, Krause Distinguished Fellow, School of Policy and Global Strategy, University of California, San Diego, and co-Convener of the Asia-Pacific Leadership Network for Nuclear Non-Proliferation and Disarmament (APLN). He is currently serving as the editor-in-chief of ''Global Asia''. On 21 May 2017, Moon Chung-in was nominated by President Moon Jae-in as a special advisor on unification, diplomacy and national security affairs. Life Dr. Moon majored in Chinese philosophy at Yonsei University and went to the United States in 1978 to study international relations at the University of Maryland. He received his master and doctoral degrees there, and got his first teaching job at Williams College in 1984. He moved to the University of Kentucky, Lexingt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embargoes
Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual. Economic sanctions are not necessarily imposed because of economic circumstances—they may also be imposed for a variety of political, military, and social issues. Economic sanctions can be used for achieving domestic and international purposes. The efficacy of sanctions is debatable—there are many failures—and sanctions can have unintended consequences. Economic sanctions may include various forms of trade barriers, tariffs, and restrictions on financial transactions. Since the mid-1990s, United Nations Security Council (UNSC) sanctions have tended to target individuals and entities, in contrast to the comprehensive embargoes of earlier decades. An embargo is similar, but usually implies a more severe sanction. An embargo (from the Spanish ''embargo'', meaning hindrance, obstruction, etc. in a general sense, a trading ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Korea
Economy of Korea may refer to: *Economy of South Korea *Economy of North Korea The economy of North Korea is a centrally planned economy, following ''Juche'', where the role of market allocation schemes is limited, although increasing. , North Korea continues its basic adherence to a centralized command economy. With a ... {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Sanctions
International sanctions are political and economic decisions that are part of diplomatic efforts by countries, multilateral or regional organizations against states or organizations either to protect national security interests, or to protect international law, and defend against threats to international peace and security. These decisions principally include the temporary imposition on a target of economic, trade, diplomatic, cultural or other restrictions (sanctions measures) that are lifted when the motivating security concerns no longer apply, or when no new threats have arisen. According to Chapter VII of the United Nations Charter, only the UN Security Council has a mandate by the international community to apply sanctions (Article 41) that must be complied with by all UN member states (Article 2,2). They serve as the international community's most powerful peaceful means to prevent threats to international peace and security or to settle them. Sanctions do not include the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
