South Korea

Scott Snyder, President & CEO at the Korea Economic Institute of America, appears on Voice of America’s “Washington Talk” and explains why transactionalism and ‘Trump-centrism’—not shared values—will define the U.S.-South…

KEI’s President and CEO Scott Snyder participated in a virtual event organized by the Asia Society Policy Institute. The event was titled “South Korea in 2025: Democratic Evolution and Implications for…

This article was published in National Interest on August 27, 2024 The United Nations Command (UNC), a U.S.-led multinational command that enforces the Korean Armistice Agreement and coordinates international contributions to maintain peace…

This article was published in Korea on Point on July 21, 2024. Higher Expectations, Starker Choices President Yoon Suk Yeol’s attendance at the 75th NATO Summit amplified several existing and…

South Korea’s rapprochement with Japan and North Korea’s embrace of Russia significantly shaped events on the Korean Peninsula in 2023. Both promise to have a substantial impact on events in the coming year. After years of declining relations, South Korea took the initiative to mend ties with Japan by proposing a path for resolving the…

Investment Announcements December 20, 2023 ­­– LG Chem begins construction on its cathode plant in Clarksville, Tennessee, set to begin production in 2026. The $1.4 billion injection as part of the construction is the first phase of its $3.2 billion investment plan delineated in an MOU LG Chem signed with the State of Tennessee in…

For a twenty-year period, China had been the top export destination for Korean goods. Not so in December 2023, when Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that the United States had surpassed China to become Korea’s top goods export market on a monthly basis—marking the first time since 2003 that that was…

South Korea’s trade relations have undergone changes since the COVID-19 pandemic. In 2022, South Korea surpassed Japan and became China’s second-largest trading partner. However, its exports to China saw a decline of 20 percent in 2023, plummeting to $124.8 billion from $155.7 billion in 2022. Consequently, South Korea ran a trade deficit of $18 billion…