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Real-time News
July 26 - Queensland, Australia, confirmed a case of highly pathogenic H5N1 avian influenza on July 25. This is the fourth state in the country to confirm a case of H5N1 avian influenza since June.The Korea Automobile and Mobility Industry Association (KAMA) predicts that domestic car sales in South Korea will increase by 2.7% year-on-year in the second half of the year, reaching 865,000 vehicles, with total sales for the year reaching 1.71 million vehicles.On July 26, South Korean President Lee Jae-myung stated that relations between South Korea and South America are entering a "new phase," and that South Korea will push forward negotiations on a free trade agreement with Mercosur and strengthen cooperation in key mineral resources. Lee stated, "Mercosur member states possess world-leading agricultural, food production, energy, and key mineral resources; while South Korea has global competitiveness in advanced manufacturing, digital technology, shipbuilding, the battery industry, and innovation." He added, "By integrating our respective strengths, we can build a robust and resilient industrial and supply chain that benefits both regions." He also emphasized that negotiations on a free trade agreement between South Korea and Mercosur will be restarted. Lee stated that South America possesses abundant reserves of key minerals, while South Korea possesses advanced technology, industrial experience, and investment capabilities; together, they can build a stable supply chain, cultivate emerging industries, and create high-quality jobs that benefit both regions.July 26 (Yonhap) -- South Korean President Lee Jae-myung stated, "South Korea and the United States should expand their cooperation beyond their long-standing security alliance to include technology, innovation, and startups." He emphasized that combining the world-class venture capital capabilities and global network of the United States with South Koreas advanced technological strength and manufacturing competitiveness will create a new batch of globally innovative companies. Lee also called on US venture capital firms to strengthen cooperation and expand investment in South Korea, while pledging to create the worlds most attractive investment and entrepreneurial environment. He stated that South Korea will reform its visa system to better attract overseas entrepreneurial talent and lay the foundation for a cooperative system between domestic and foreign companies, research institutions, and investors. He further pledged to help South Korean startups grow into globally competitive companies through funds connecting private and government-managed entities.The State Council Information Office will hold a press conference on the theme of "Starting the 15th Five-Year Plan" at 10:00 a.m. on Tuesday, July 28, 2026. Hu Jinglin, Director of the State Taxation Administration, will introduce the relevant situation of tax reform and development during the 15th Five-Year Plan period and answer questions from reporters.
