By UN Journal Lee Gil-ju Lured investors with false advertising of a NASDAQ listing... Withdrawals currently suspended - Damages estimated at hundreds of billions of won, with serious impact on ordinary citizens, including the elderly and housewives. Recently, Aifeex LTD, which lured investors with promises of high returns under the guise of an "AI-based automated fund system," has been revealed to be facing a massive redemption suspension, marking the end of a typical Ponzi scam. Aifeex operates in Korea, the United States, China, Japan, Vietnam, Singapore, and Malaysia, raising concerns that
By UN Journal Lee Gil-ju First Vice Minister of Foreign Affairs Park Yoon-joo, currently visiting the United States, held a with Deputy Secretary of State Christopher Landau at the US Department of State on December 1 (local time), and exchanged views on follow-up measures to the ROK-US summit. This Vice-Ministerial Meeting marked the first high-level meeting between the two countries since the two leaders' mutual visits in August and October. The two Vice Ministers commended the adoption of the Joint Fact Sheet (November 14), which outlines the agreements reached between the two leaders, and
By UN Journal Lee Gil-ju Jeong Kwang-yong, Director-General for African and Middle Eastern Affairs at the Ministry of Foreign Affairs, held the 8th Korea-Iran Director-General-Level Policy Consultation with Ali Asghar Mohammadi, Director-General for Asia and the Pacific Affairs at the Iranian Ministry of Foreign Affairs, in Tehran on November 30, local time, the Ministry of Foreign Affairs said. Both sides recognized the holding of the 8th Consultation, held just six months after the 7th, as a testament to the efforts of both foreign ministries to sustain friendly relations. They exchanged vie
By UN Journal Lee Gil-ju Park Il, the Seoul government representative for the protection of overseas Koreans in Cambodia, visited Sihanoukville, a major hotspot for online scams in Cambodia, on November 27. He met with Police Chief Sar Ratha and Governor Mang Sineth to discuss responses to online scams and cooperation measures against Korean nationals. He was also accompanied by Korean police officers from the "Korea-Cambodia Joint Task Force for Korean Nationals" (abbreviated as the "Korea Task Force"). Park stated that the Korean government is paying particular attention to the ongoing incid
By UN Journal Lee Gil-ju South Korean Foreign Minister Cho Hyun held talks with Mexican Foreign Minister Juan Ramón de la Fuente on November 11 on the sidelines of the G7 Foreign Ministers’ Meeting, addressing Mexico’s proposed tariff increases, the resumption of Korea–Mexico FTA negotiations, and challenges faced by Korean companies operating in Mexico. Minister Cho welcomed the Mexican government’s recent decision to suspend its planned tariff hikes and expressed hope that Korea would be excluded should Mexico decide to move forward with the increases in the future. He emphasized that more t
By UN Journal Lee Gil-ju Foreign Minister Cho Hyun, visiting Canada to attend the G7 Foreign Ministers' Meeting, held his first bilateral meeting with British Foreign Secretary Yvette Cooper on November 11 (local time). Minister Cho congratulated Minister Cooper on her appointment (September 2025) and expressed hope to deepen practical cooperation between the two countries across various fields, including economy and trade, defense and security, and science and technology. He also expressed hope that the ongoing Korea-UK FTA improvement negotiations would be expedited, thereby further strength