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Korea Report - December 2010.

Topics.

² TOP TEN DOMESTIC NEWS OF 2010.

² SKorea and USA reached an agreement on revising the FTA.

² Korea plans to spend KW44 tril ($39 bil) to build 14 more nuclear reactors.

² Foot-and-mouth disease on cattle was spread across the country.

² Kim Yu-na has been named female athlete of the year.

² New Defense Minister reiterated his vow to make a “prompt and strong” response.

² SKorea, USA and Japan have put forward 5 conditions NK must meet before resuming stalled 6-party talks.

² SKorean military went ahead with its live-fire exercise on Yeonpyeong Island.

² The price of rice in NK has soared nearly 40-fold in the year.

² Korean economy was the world’s 13th-largest as of the first half of 2010.

² Korean economy outperformed expectations by posting growth rate of 6.1%.

² Korea became ninth-largest trading nation in the world in 2010.

² Korea's trade dependency accounts for about 85% of its GDP this year.

² The creditors cancelled their selection of Hyundai Group as preferred bidder for the sales of HE&C.

² Korean builders' overseas orders hit a record high of $71.6 bil in 2010.

² KOSPI rose by 21% throughout 2010 to reach 2,051 points.

² KOSPI has been one of the world's best performing bourses in 2010.

² Korean yards continued their rally on NB orders in the end of the year.

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