Former South Korean president attends court proceedings

Former South Korean President Yoon Suk Yeol on Tuesday attended a court hearing that is deliberating upon his impeachment. Yeol is reported to have denied ordering military action against the law makers to drag them out of the parliament when he tried to impose martial law.

The issue of impeachment of Yeol is now in the court and the court is reviewing whether to remove him of reinstate him in the post.

Tech-nation South Korea, which is home to many auto-makers including Hyundai, is presently going through domestic political crisis that threatens to spill over its economy. South Korea has entered into an agreement with U.S. to carry out research on battery for electronic vehicle, at a time when China is aggressively pushing its economic agenda and the United State of America under the new leadership of President Donald Trump has made it clear to increase its trade and economy in various sectors, including industrial and mining productions.