Hong Kong’s first 5-year plan to give firms more long-term certainty: Paul Chan

Korea’s negotiations with the United States over a $200 billion investment package have run into last-stage hurdles, with the two sides disagreeing over nuclear reactors, energy projects and funding terms. The Ministry of Trade, Industry and Resources postponed a parliamentary briefing initially scheduled for Thursday, which had been expected to clear the way for signing of a memorandum of understanding for the first project as early as Friday. The briefing is now expected to take place Monday or Tuesday, although the timing will depend on progress in the negotiations. President Lee Jae Myung acknowledged that some provisions remained difficult to accept despite the negotiations being close to an agreement. “After reviewing the details, there are parts that are not easy to agree to,” Lee said during a press conference at Cheong Wa Dae in Seoul, Friday. “We are discussing them again.” Lee said the investment negotiations had broad, complex implications for Korea-U.S. relations and that disagreements emerged as the talks moved into specific projects. “There were several points o

The unification ministry has drawn up a list of more than 1,400 medical items, including automated external defibrillators, to send to North Korea as part of a humanitarian medical support program, a document showed Sunday. The ministry plans to send 1,431 medical items covering 166 categories to a hospital in Pyongyang, necessary for diagnosis, surgery and treatment, according to the document submitted to Rep. Kim Dae-sik of the People Power Party by the ministry. The items include diagnostic equipment, such as X-ray machines, stethoscopes and blood pressure monitors, along with operating tables and other surgical and treatment equipment. The ministry said the selection was made in consultation with the Korea Foundation for International Healthcare and medical experts, adding that the plan still hinges on discussions with the North Koran side and could change. Its estimated cost is US$6.75 million. The ministry secured a sanctions exemption in May from the U.N. Security Council's North Korea sanctions committee to provide the equipment. As inter-Korean exchanges and dialogue channels are

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