1. National Assembly Speaker Kim Jin-pyo and U.S. House Speaker Nancy Pelosi agreed to support efforts by Seoul and Washington for the denuclearization of North Korea. Both voiced concerns over the North's escalating threats.
2. As tensions between the United States and China have intensified over Speaker Nancy Pelosi’s visit to Taiwan, S. Korea’s foreign minister PARK Jin will attend a meeting with Chinese and Japanese foreign ministers in Phnom Penh, Cambodia.
3. A special law aimed at boosting South Korea’s semiconductor industry takes effect today. The new bill provides domestic chipmakers with more extensive tax benefits in return for facility investment and ways to nurture, attract and keep more talent at home.
