Korea, South

In April 2023, the United States and South Korea marked the 70th anniversary of an alliance that has served the strategic interests of both countries. Their relationship has expanded beyond…

Building on last year’s “Rethinking Korea initiative,” in 2024 KEI will continue to explore the evolution of US-Korea relations, Korea’s place in the world, rapid changes in Korean society, and…

Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…

KEI is pleased to hold a program on Economic Security and U.S.-China Competition: The View From North Korea. One country is conspicuously missing from existing discussions about the dilemmas 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…

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.