45 Facts About Korea Republic

1. In October 2010, South Korea Republic hosted its first Formula One race at the Korea International Circuit in Yeongam, about 400 kilometres south of Seoul.

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2. South Korea Republic is especially strong in short track speed skating.

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3. At the 2010 Winter Olympics, South Korea Republic ranked fifth in the overall medal rankings.

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4. South Korea Republic has won more medals in the Winter Olympics than any other Asian country with a total of 45 medals.

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5. South Korea Republic regularly performs well in archery, shooting, table tennis, badminton, short track speed skating, handball, hockey, freestyle wrestling, Greco-Roman wrestling, baseball, judo, taekwondo, speed skating, figure Skating, and weightlifting.

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6. In 1988, South Korea Republic hosted the Summer Olympics in Seoul, coming fourth with 12 gold medals, 10 silver medals and 11 bronze medals.

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7. South Korea Republic hosted the Asian Games in 1986, 2002 (Busan) and 2014 (Incheon).

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8. South Korea Republic has traditionally had one of the top basketball teams in Asia and one of the continent's strongest basketball divisions.

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9. South Korea Republic shares its traditional culture with North Korea, but the two Koreas have developed distinct contemporary forms of culture since the peninsula was divided in 1945.

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10. South Korea Republic has sought the assistance of foreign countries such as Russia through MTCR commitments to supplement its restricted domestic rocket technology.

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11. South Korea Republic has sent up 10 satellites from 1992, all using foreign rockets and overseas launch pads, notably Arirang-1 in 1999, and Arirang-2 in 2006 as part of its space partnership with Russia.

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12. South Korea Republic's pensions system structure is primarily based on taxation and is income-related.

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13. South Korea Republic ranked number 10 overall in the 2014 NRI ranking, up from 11 in 2013.

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14. South Korea Republic is the third highest ranked Asian country in the World Economic Forum's Network Readiness Index after Singapore and Hong Kong respectively—an indicator for determining the development level of a country's information and communication technologies.

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15. South Korea Republic has sought unique technologies such as pyroprocessing to circumvent these obstacles and seek a more advantageous competition.

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16. South Korea Republic is not allowed to enrich uranium or develop traditional uranium enrichment technology on its own, because of US political pressure, unlike most major nuclear powers such as Japan, Germany, and France, competitors of South Korea in the international nuclear market.

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17. South Korea Republic is preparing to bid on construction of a light-water nuclear reactor for Argentina.

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18. South Korea Republic is an emerging exporter of nuclear reactors, having concluded agreements with the UAE to build and maintain four advanced nuclear reactors, with Jordan for a research nuclear reactor, and with Argentina for construction and repair of heavy-water nuclear reactors.

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19. South Korea Republic is the world's fifth-largest nuclear power producer and the second-largest in Asia as of 2010.

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20. South Korea Republic became a member of the Organisation for Economic Co-operation and Development in 1996.

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21. South Korea Republic's mixed economy ranks 11th nominal and 13th purchasing power parity GDP in the world, identifying it as one of the G-20 major economies.

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22. In 2004, South Korea Republic sent 3,300 troops of the Zaytun Division to help re-building in northern Iraq, and was the third largest contributor in the coalition forces after only the US and Britain.

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23. In 2010, South Korea Republic was spending ₩1.68 trillion in a cost-sharing agreement with the US to provide budgetary support to the US forces in Korea, on top of the ₩29.6 trillion budget for its own military.

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24. In 1967, South Korea Republic obliged the mutual defense treaty, by sending a large combat troop contingent to support the United States in the Vietnam War.

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25. South Korea Republic is the EU's tenth largest trade partner, and the EU has become South Korea's fourth largest export destination.

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26. European Union and South Korea Republic are important trading partners, having negotiated a free trade agreement for many years since South Korea was designated as a priority FTA partner in 2006.

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27. South Korea Republic is China's 4th largest trading partner, with $93 billion of Chinese imports in 2016.

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28. North Korea Republic initially threatened to sever all ties, to completely abrogate the previous pact of non-aggression, and to expel all South Koreans from a joint industrial zone in Kaesong, but backtracked on its threats and decided to continue its ties with South Korea.

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29. South Korea Republic went on to sign a Free Trade Agreements with Canada and Australia in 2014, and another with New Zealand in 2015.

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30. South Korea Republic hosted the G-20 Summit in Seoul in November 2010, a year that saw South Korea and the European Union conclude a free trade agreement to reduce trade barriers.

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31. In November 2009 South Korea Republic joined the OECD Development Assistance Committee, marking the first time a former aid recipient country joined the group as a donor member.

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32. South Korea Republic maintains diplomatic relations with more than 188 countries.

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33. South Korea Republic is the second-largest missionary-sending nation, after the United States.

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34. South Korea Republic still uses some Chinese Hanja characters in limited areas, such as print media and legal documentation.

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35. South Korea Republic is one of the top-performing OECD countries in reading literacy, maths and sciences with the average student scoring 542 and has one of the worlds most highly educated labour forces among OECD countries.

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36. South Korea Republic has the steepest decline in working age population of the OECD nations.

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37. South Korea Republic is nevertheless becoming a more multi-ethnic society over time due to immigration.

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38. South Korea Republic has four distinct seasons; spring, summer, autumn and winter.

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39. South Korea Republic has 20 national parks and popular nature places like the Boseong Tea Fields, Suncheon Bay Ecological Park, and the first national park of Jirisan.

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40. South Korea Republic was formally invited to become a member of the United Nations in 1991.

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41. On June 25, 1950, North Korea Republic invaded South Korea Republic, sparking the Korean War, the Cold War's first major conflict, which continued until 1953.

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42. South Korea Republic is a global leader in the industrial and technological sectors, being the world's 5th largest exporter and 8th largest importer.

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43. South Korea Republic is a developed country and a high-income economy, with a "very high" Human Development Index, ranking 22nd in the world.

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44. The history of Korea Republic begins with the foundation of Gojoseon in 2333 BC by the legendary king Dangun.

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45. South Korea Republic lies in the north temperate zone and has a predominantly mountainous terrain.

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