World
South Korea, China, Japan seek regional trade amid Trump tariffs
South Korea, China and Japan held their first economic dialogue in five years on Sunday, seeking to facilitate regional trade as the three Asian export powers brace from U.S. President Donald Trump’s tariffs.
The countries’ three trade ministers agreed to “closely cooperate for a comprehensive and high-level” talks on a South Korea-Japan-China free trade agreement deal to promote “regional and global trade”, according to a statement released after the meeting.
“It is necessary to strengthen the implementation of RCEP, in which all three countries have participated, and to create a framework for expanding trade cooperation among the three countries through Korea-China-Japan FTA negotiations,” said South Korean Trade Minister Ahn Duk-geun, referring to the Regional Comprehensive Economic Partnership.
The ministers met ahead of Trump’s announcement on Wednesday of more tariffs in what he calls “liberation day”, as he upends Washington’s trading partnerships.
Seoul, Beijing and Tokyo are major U.S. major trading partners, although they have been at loggerheads among themselves over issues including territorial disputes and Japan’s release of wastewater from the wrecked Fukushima nuclear power plant.
They have not made substantial progress on a trilateral free-trade deal since starting talks in 2012.
RCEP, which went into force in 2022, is a trade framework among 15 Asia-Pacific countries aimed at lowering trade barriers.
Trump announced 25% import tariffs on cars and auto parts last week, a move that may hurt companies, especially Asian automakers, which are among the largest vehicle exporters to the U.S.
After Mexico, South Korea is the world’s largest exporter of vehicles to the United States, followed by Japan, according to data from S&P.
The ministers agreed to hold their next ministerial meeting in Japan.
(Reuters)
World
Zelenskiy says letting Russia sell diesel to US is ‘investment in war’
“Gifts to Putin will not bring peace or any benefit to the civilised world,” Zelenskiy wrote on the X social media platform.
Ukrainian President Volodymyr Zelenskiy criticised an accord on Friday between the US and Russia allowing Moscow to provide the US with diesel, calling it “an investment in a war that must be ended.”
He dismissed the accord, which was announced while a Ukrainian delegation was in the US to discuss how to seek a resolution of the war with Russia, as “a weak decision on the part of strong partners”.
“Gifts to Putin will not bring peace or any benefit to the civilised world,” Zelenskiy wrote on the X social media platform.
“Russia will ‘repay’ the diesel with further terror and perfidy. Allowing Russia to sell petroleum products is an investment in a war that must be ended, not prolonged. What is needed is real de-escalation with Russia on a reciprocal basis,” Zelenskiy said.
Trump said in a post on social media that he had agreed in a call with Russian President Vladimir Putin that Russia would immediately supply diesel to the US and global marketplace. Trump said lower prices for Americans “is my Greatest Priority”.
Zelenskiy, speaking to reporters later on WhatsApp, said the accord would provide Moscow with additional funds to wage war and undermine any attempts to work towards a settlement.
“I believe our team is simply being used as a front. And that is certainly not fair, nor is it how partners should treat each other,” he said. “In my view, it is a weak decision on the part of strong partners.”
World
US imposes sanctions on ICC amid dispute over international prosecutions
The administration of US President Donald Trump imposed sanctions on the International Criminal Court (ICC) on Friday, escalating tensions with the international judicial body and potentially straining relations with European allies.
US Secretary of State Marco Rubio said the measures aim to prevent the ICC from prosecuting American citizens and restrict the court’s resources and operations.
Washington has criticised the ICC over arrest warrants issued for Israeli Prime Minister Benjamin Netanyahu and other Israeli officials, as well as its past investigation into alleged crimes by US personnel in Afghanistan.
The ICC condemned the sanctions as an “assault on the rule of law” and vowed to continue its investigations and prosecutions. It also urged its 125 member states to defend the court’s independence.
The announcement came hours after former ICC judge Navi Pillay was awarded the Nobel Peace Prize, with the Nobel committee highlighting the importance of international justice amid political pressure on legal institutions.
The sanctions threaten to deepen the dispute between Washington and the ICC, raising concerns about international judicial cooperation and the court’s ability to carry out its work.
World
Former ICC judge Navi Pillay wins 2026 Nobel Peace Prize
South African jurist Navi Pillay, a former judge at the International Criminal Court (ICC), won the 2026 Nobel Peace Prize on Friday for her efforts to promote peace and international law, as international justice institutions face growing political pressure.
The Nobel Committee announced the award hours before the United States imposed sanctions on the ICC, saying the recognition highlighted the importance of preserving an international order based on law and justice.
Pillay, 85, has served as a judge on several international courts, including the ICC and the International Criminal Tribunal for Rwanda. She also chaired a United Nations Commission of Inquiry on the Occupied Palestinian Territory, which concluded last year that Israel had committed genocide in Gaza. Israel rejected the report as “scandalous.”
The Nobel Committee warned that international law and its institutions were under significant pressure, cautioning that a shift towards power politics at the expense of legal frameworks threatened stability and peaceful coexistence.
The award comes amid escalating tensions between Washington and the ICC. US President Donald Trump has repeatedly criticised the court, particularly over its arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former defence minister.
Netanyahu’s office condemned the Nobel decision, accusing the committee of awarding its highest honour to someone it said had promoted allegations against Israel.
The award and the US sanctions have renewed international debate over the role of legal institutions in addressing alleged war crimes and protecting accountability under international law.
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