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Search resuls for: "Foreign Ministry of China"


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North Korea said it placed its first spy satellite in orbit on Tuesday. South Korea's military said North Korea's military reconnaissance satellite was believed to have entered orbit, but it would take time to assess whether it was operating normally. Critics have said the pact weakened South Korea's ability to monitor the North's near the border while North Korea had violated the agreement. South Korea said it was suspending a clause in the agreement and resuming aerial surveillance near the border. North Korea had notified Japan of a satellite launch after two failed attempts to put what it called spy satellites into orbit this year.
Persons: Kim, Kim Jong Un, KCNA, Adrienne Watson, Jonathan McDowell, Shin Won, sik, Kim Jong, Shin, Yoon Suk Yeol, Yoon, Moon Jae, Critics, Carl Vinson, U.N, Antonio Guterres, Vladimir Putin, Hong Min, Hyunsu Yim, hyang Choi, Josh Smith, Hyonhee Shin, Joyce Lee, Liz Lee, Satoshi Sugiyama, Ed Davies, Jack Kim, Gerry Doyle, Alex Richardson, Kim Coghill Organizations: Reuters, KCNA, REUTERS Acquire, North, ., U.S, Andersen Air Force Base, Pentagon, . National Security, Harvard – Smithsonian Center for Astrophysics, U.S . Space Force, South Korea's Defence, National Security, South Korean, Korea's Defence, Korea Institute for National Unification, South, U.S ., Thomson Locations: North Gyeongsang Province, North Korea, Korea, South Korea, SEOUL, United States, . North Korea, Pyongyang, Pacific, Guam, U.S, South, Britain, North, Santa Fe, Korean, Japan, China, North Korea's, RUSSIA, Russian, Russia, Minwoo, Seoul, Beijing, Tokyo
BEIJING,/JOHANNESBURG Aug 24 (Reuters) - BRICS nations should strengthen cooperation on cross-border payment, a Chinese foreign ministry official said on Thursday, the final day of a three-day BRICS summit in South Africa. They should also study local currency cooperation payment tools and platforms, and promote local currency settlement, said Li Kexin, Director-General of the Department of International Economic Affairs of the Foreign Ministry of China. The leaders of BRICS - Brazil, Russia, India, China and South Africa - agreed at the summit in Johannesburg to encourage more local currency usage in trade and financial transactions, as they seek to shift away from dependence on the U.S. dollar. "So it's important to have a more sophisticated payment system... Many of Russia's top banks were cut off from the SWIFT messaging system last year under sweeping Western sanctions following Moscow's invasion of Ukraine.
Persons: Li Kexin, Sergei Lavrov, Vladimir Putin, Li, SWIFT, Rachel Savage, Marc Jones, William Maclean, Emelia Organizations: Department of International Economic Affairs, Foreign Ministry of China, U.S ., Beijing, Thomson Locations: BEIJING, JOHANNESBURG, South Africa, BRICS, Brazil, Russia, India, China, Johannesburg, Russians, Ukraine, London
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