Diplomacy Journal Kim Tae Yeon | In 1989, following the passing of the founder of the Islamic Republic of Iran, many international observers viewed the country's future with uncertainty. Iran had just emerged from an eight-year war and faced the enormous task of economic reconstruction, profound changes in the international order, and the beginning of a new era of external pressure. At the time, a central question dominated political analysis: Could the Islamic Republic preserve its stability and continue its path of development? More than three decades later, revisiting that pivotal moment of
Diplomacy Journal Kim Tae Yeon | South Korean Foreign Minister Cho Hyun held bilateral talks with Indian External Affairs Minister Subrahmanyam Jaishankar in Seoul on Tuesday, as Minister Jaishankar continued an official visit to South Korea following a trip to Mongolia. The two ministers reviewed the implementation of initiatives agreed upon during the South Korean President's state visit to India in April — the first such visit in eight years — and exchanged views on major bilateral issues as well as regional and international developments. Assessing the Summit's Follow-Through Minister Cho
The Ministry of Trade, Industry and Resources (MOTIR) announced March 13 that the Korean government would introduce policy measures to curb the recent spike in domestic petroleum prices caused by developments in the Middle East and to limit sharp price swings in the event of a supply crisis. To that end, following consultations with relevant ministries, the government will implement a maximum price system on petroleum products. The maximum prices will apply to refiners' supply prices for gas stations and dealers, not retail prices at gas stations. Effective from 12:00 a.m. on March 13 through