South Korea

This article was published on The Korea Times on August 16, 2023. For much of the past year there has been a focus on how the CHIPS and Science Act…

This article was published on The Diplomat on August 7, 2013. On the July 27 anniversary of the Korean Armistice Agreement, there were numerous tributes to the ultimate sacrifice so…

This article was published on The Korea Times on July 19, 2023. Dating back to last year’s presidential election, the Yoon Suk Yeol administration has sought to transform Korea’s foreign…

President Yoon Suk Yeol won office after promising to revitalize bilateral relations with Japan, a goal he has made significant efforts towards. On both the national and personal level, the relationship has a much warmer tone compared to the frigidness of the Moon-Abe years. But is this just the upward turn before the eventual decline…

Korea’s real GDP growth will rebound to more than 2 percent in 2024 and 2025, according to the Organization for Economic Co-operation and Development (OECD)’s bi-annual economic projections published at the end of November (Figure 1). The OECD’s outlook of 2.3 percent next year is in line with the 2.1 percent and 2.2 percent forecasts…

The latest guidance for electric vehicle (EV) subsidies doubles down on National Security Advisor Jake Sullivan’s vision for a “small yard, high fence.” On Monday, the Treasury Department in conjunction with the Internal Revenue Service (IRS) and the Department of Energy (DOE) issued proposed regulation defining what it means to be a foreign entity of…

Last week’s Asia-Pacific Economic Cooperation (APEC) summit in San Francisco concluded where discussions among Asia-Pacific leaders heavily focused on trade, investment and security across the region. Taking place on the heels of seventh round negotiations for the Indo-Pacific Economic Framework (IPEF) the week prior, the summit marked President Yoon Suk Yeol’s first attendance of an…