ID :
37630
Sat, 12/27/2008 - 12:19
Auther :

Today in Korean History

Dec. 28

1908 -- After colonizing the Korean Peninsula in 1905, the Japanese colonial
government establishes the Oriental Development Company in Seoul as an economic
base to control Korea's land and business. Japan forced Korea to transfer the
ownership of some state land to the company on the pretext of modernizing
agriculture. The Japanese company loaned money to Korean farmers at high
interest rates, controlling nearly a third of the cultivated land of the
peninsula within 20 years.

1926 -- Independence fighter Na Seok-ju shoots himself to death after throwing
bombs into a Japanese-owned bank and the Oriental Development Company in Seoul.
Born in 1892 in Jaeryong, Hwanghae Province, now in North Korea, Na left for
northeast China at age 23 for military training and joined the Korean exile
government in Shanghai as a fund collector and security guard.

1989 -- South Korea establishes diplomatic relations with Yugoslavia.

1991 -- North Korea declares its northeastern maritime cities of Rajin and
Sonbong as "free economic zones" ready to provide benefits to foreign investors
in an effort to revive the country's faltering economy.

2000 -- South Korea and the United States complete a revised Status of Forces
Agreement (SOFA), expanding South Korean jurisdiction over U.S. military suspects
and setting legal grounds for environmental protection on U.S. military bases.
The agreement, made after five years of negotiations, came amid growing public
resentment toward the U.S. after a bombing incident in Maehyang-ri, the pollution
of the Han River by a U.S. base and the revelation that U.S. soldiers had killed
hundreds of Korean civilians during the Korean War.
The revision called for the handover of U.S. soldiers accused of murder, rape or
10 other serious crimes to South Korean authorities at the time of their
indictment.
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