Picture of Poongsan logo

103140 — Poongsan News Story

0.000.00%
kr flag iconLast trade - 00:00
Basic MaterialsSpeculativeMid CapNeutral

South Korea summons Russian ambassador over pact with North Korea (updated)

(tags PIX, adds X post from Russian Embassy in Seoul in
paragraphs 5-6, defence share moves in paragraph 14)
    By Hyunsu Yim
       SEOUL, June 21 (Reuters) - 
    South Korea's foreign ministry said it had summoned the
Russian ambassador in protest of a pact between Russia and North
Korea signed in Pyongyang this week, as a Reuters witness saw
him enter the ministry building on Friday afternoon.
  
        First vice foreign minister Kim Hong-kyun conveyed
Seoul's stance on the pact and military cooperation between
Russia and North Korea to Georgy Zinoviev, the top Russian envoy
to Seoul, Seoul's foreign ministry said.
  
        Kim told Zinoviev that Russia's military support for
North Korea harms South Korea's security and would inevitably
have a "negative impact" on relations between Seoul and Moscow.
  
        He also urged Russia to "act responsibly," according to
the ministry.
  
        Attempts to intimidate Russia are unacceptable, Zinoviev
was quoted as saying by the Russian Embassy in Seoul.
  
        "The ambassador said that cooperation between Russia and
North Korea is not aimed at a third country," the embassy said
in a post on X soon after he was summoned to the ministry. 
  
        South Korea's foreign minister, Cho Tae-yul, and U.S.
Secretary of State Antony Blinken have condemned the 
    treaty
     as a serious threat to regional peace and stability,
Seoul's foreign ministry said in a statement on Friday.
  
    The two in a phone call on Thursday also discussed ways to
respond to the summit between Putin and North Korean leader Kim
Jong Un and agreed to closely monitor the situation, the foreign
ministry said.
    Blinken said the United States supports South Korea's
responses to security threats. Under the pact, Moscow and
Pyongyang said each country would provide immediate military
assistance if either faces armed aggression.
    Cho said any cooperation to help strengthen North Korea's
military capabilities is a clear violation of the U.N. Security
Council resolutions, according to the statement.
    The United States will consider various ways to respond to
the threat to international peace and stability from Russia and
North Korea, Blinken was quoted as saying by the ministry.
    Cho also spoke on the phone with Japanese Foreign Minister
Yoko Kamikawa, and both expressed grave concern over the treaty
between Moscow and Pyongyang, according to the ministry.
    South Korean National Security Adviser Chang Ho-jin said on
Thursday that Seoul would review the possibility of supplying
weapons to Ukraine in response to the landmark pact. 
    Domestic ammunition manufacturer Poongsan Corporation gained
3.42% when the market closed on Friday, compared with a 0.83%
drop in the main KOSPI  .KS11 .

 (Reporting by Hyunsu Yim; Editing by Sonali Paul and Gerry
Doyle)
 ((Hyunsu.Yim@thomsonreuters.com;))

Recent news on Poongsan

See all news