Yonhap News Agency is the sole news agency in South Korea that supplies domestic and foreign news and information to newspaper and TV broadcast and other subscribers in South Korea. It was founded on December 19 1980 after the merger of Hapdong News Agency and Orient Press. It maintains various agreements with 48 non-Korean news agencies, and also has a services-exchange agreement with North Korea's KCNA agency.

Yonhap was the host news agency of the 1988 Seoul Summer Olympics, and was elected twice to the board of OANA.

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