Global Slowdown Hits U.S.- Korea Trade in 2015
With the global economy slowing as China’s economy cools, many emerging markets saw growth slow or stall, while significant drops in oil prices proved more of a drag on economic growth than expected.
With the global economy slowing as China’s economy cools, many emerging markets saw growth slow or stall, while significant drops in oil prices proved more of a drag on economic growth than expected.
Make no mistake, South Korea’s shuttering of the Kaesong Industrial Complex (KIC) which it had operated just across the border in North Korea since 2004 is a big deal.
On February 8, South Korea will celebrate Lunar New Year, called Seollal in Korean.
With the Iowa Caucuses approaching KEI has gathered comments by the Republican and Democratic presidential candidates on South Korea and North Korea.
Much as in the United States, the National Assembly plays an important role in the process of governance and the result of the 2016 legislative elections have the potential to influence Korea’s future direction as well as its international relations.
In the aftermath of North Korea’s nuclear test, 2016 has already begun with a new crisis on the Korean peninsula.
A good stretch of optimism in inter-Korean relations ended in December, even before tensions rose in early January 2016 with North Korea’s fourth nuclear test.
As we look back at the events that helped to shape the Korean peninsula in 2015, it is also an opportunity to review the events we highlighted on The Peninsula in our annual 10 Issues to Watch For on The Korean Peninsula in 2015 blog and the key events that we did not predict.
In discussions of Korea’s possible reunification, observers often cite the German unification and integration process – but what about Ireland?
In November, both Koreas continued to demonstrate a willingness for inter-Korean contact while also maintaining a commitment to improve security. Military actions over the past few months have not scuttled opportunities for dialogue. Inter-Korean talks in November led to scheduling talks set for December 11 at the vice minister level.