Korea, South

Ever since Myanmar's political and economic opening several years ago, countries have been looking to get in on the ground floor to build ties with this emerging economy in Southeast…

Ever since last summer, when South Korea and the United States announced they would be deploying the Terminal High Altitude Area Defense (THAAD) missile defense system to the peninsula, China…

Starting from the period after the Korean War and continuing today, more than 100,000 Korean children were adopted around the world. As they get older, many of them decide to…

In 2017, U.S. Forces Korea (USFK) will complete the move of nearly all troops and support staff from Yongsan Garrison in Seoul to Camp Humphreys, 50 miles south of the…

Selection of Q2 US-Korea Partnerships   Date American Entity Korean Entity Project Location June 24 Exxon Mobil SK On MOU for Exxon Mobil to supply SK On with up to 100,000 tons of lithium for EV batteries. Arkansas June 20 Philly Shipyard Hanwha Purchase agreement for Hanwha to acquire ownership of Philly Shipyard for $100…

The number of defectors fleeing North Korea and resettling in South Korea remains at very low levels. The number had begun to decline before 2020, but the COVID-19 pandemic led Pyongyang to enforce harsher border controls to prevent North Koreans (and others) from entering the country from abroad and potentially bringing the virus with them.…

South Korea’s defense industry, known domestically as “K-Bangsan,” is emerging as a major global player. Defense exports (in terms of orders) have skyrocketed in recent years, having exported a total of $38 billion from 2021 to 2023 ($7.3 billion in 2021, $17.3 billion in 2022, and $13.5 billion last year). That comes to an annual…

While South Korean President Yoon Suk Yeol is in Washington, DC this week for the NATO Summit, another landmark trans-Pacific visit has been made with Texas Governor Greg Abbott’s arrival in Seoul. Coming as part of a ten-day trip to Korea, Taiwan, and Japan, Governor Abbott’s visit highlights the many ways Korean companies are partnering…

Please join KEI and KIEP for a discussion about the first 10 years of KORUS and the future of the U.S.-Korea economic relationship.