South Korea

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…

This article was published in The Diplomat on July 9, 2024. South Korean President Yoon Suk-yeol’s participation in ceremonies marking the 75th anniversary of NATO this week is particularly timely,…

This article was published in The Asia Times on June 26, 2024. Russian President Vladimir Putin has a very short list of countries on his list of available international travel…

This article was published in The Korea Times on June 12, 2024. In the wake of rapprochement between Korea and Japan, much of the focus has been on the strengthening…

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…