Business Spotlight

TIMELINE

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2333 BC: First Korean kingdom, Gojoseon, is founded 57 BC–

AD 668: Korea is divided into three kingdoms 1231: Mongol invasions begin

1394: Hanyang, modern-day Seoul, on the Han River, becomes the capital of the Chosŏn dynasty

1592: Japan invades Korea

1905: Japan annexes the Korean Peninsula 1910–45: Japanese colonial government takes away land, forces Koreans to take Japanese-style names, use the Japanese language and worship at Shinto shrines; Korean guerrillas fight for independen­ce

1945: Second World War ends, Japan defeated; Korean Peninsula divided at the 38th parallel; the US occupies the South, the Soviet Union the North 1948: Republic of Korea created

1950–53: Korean War 1950s–

1980s: Freedoms of South Koreans are restricted; periods of martial law

1988: Seoul Olympics and South Korea holds its first free parliament­ary elections 1991: North and South Korea join the UN 1993: Kim Young Sam becomes the first freely elected president

1996: South Korea joins the Organisati­on for Economic Co-operation and Developmen­t (OECD)

1998: Sunshine Policy — economic and humanitari­an aid to North Korea

2006: North Korea’s first nuclear test; Ban Kimoon is elected UN Secretary (until 2016) 2007: North and South restart high-level talks; Us–south Korean free-trade deal signed; passenger train crosses border for the first time in 56 years

2012: North tests long-range rocket; US agrees to increase the range of the South’s ballistic missiles to 800 kilometres; South elects first female president, Park Geun-hye 2016: President Park Geun-hye impeached after political scandal

2017: Centre-left’s Moon Jae-in elected president, with a focus on improving relations with the North

2018: North and South march under the same flag at South’s Winter Olympics; Kim Jongun is first North Korean leader to enter the South, meeting President Moon Jae-in for talks; updated Us–south Korea trade deal; Park Geun-hye is sentenced to 24 years in prison; on 12 June, US President Donald Trump meets North Korean leader Kim Jong-un in Singapore

 ??  ?? Trump and Kim: a historic meeting for the whole region
Trump and Kim: a historic meeting for the whole region

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