Goryeo-Khitan War: Negotiations led by the Korean diplomat Sŏ Hŭi prevents a fullscale invasion of the Khitan-led Liao Dynasty. King Seongjong accepts Liao's demands – and agrees to end the alliance with the Chinese Song Dynasty. Goryeo becomes a Liao tributary state, the Khitan army (60,000 men) withdraws while Seongjong orders the Korean border defenses strengthened.
995 Balu earthquake. It reportedly affected the Armenian areas of Balu, Cop'k (or Covk'), Palnatun (or Palin), and the districts of Hasteank and Xorjean. The areas affected were districts in what is currently the border area between Armenia and Turkey.
In the spring, as the commissioner of Như Hồng province of Qinzhou refused to extradite Bốc Văn Dũng, a Đại Cồ Việt political criminal, more than 100 Đại Cồ Việt battleships raided Như Hồng province, plundered the residents and their food supplies before withdrawing. Until the summer, 5000 Đại Cồ Việt infantry troops attacked Namzningz but were defeated.