United States of America

Globalization is a hallmark of the twenty first-century world. As transportation and telecommunications grow in both efficiency and level of performance and as the ambit of the Internet expands, it…

After the U.S.-Korea Free Trade Agreement (KORUS FTA) is approved by the legislatures of Korea and the United States, it will likely provide a turning point for the countries’ bilateral…

The automobile industry is a dynamic and significant sec-tor in most of the major economies in the world. It is closely related to various other manufacturing sectors such as rubber,…

During the past few years, the United States has begun three important initiatives that alter its defense commitment to South Korea (Republic of Korea [ROK]). First, Washington started to decrease…

By Robert R. King The Hanoi Summit between U.S. President Donald Trump and North Korean leader Kim Jong-un ended abruptly in a disappointing failure in February of this year.  During a brief, hastily prepared meeting, the two leaders, joined this time by South Korean President Moon Jae-in, met again briefly in June at Panmunjom on…

By Olga Krasnyak On 8 October 2019 a delegation of top Russian media representatives visited Pyongyang where TASS, the largest Russian news agency, and KCNA, the Korean Central News Agency, signed a new cooperation agreement. As reported, TASS is the only foreign news agency that operates in Pyongyang on a regular basis. Considering the fact…

This briefing comes from Korea View, a weekly newsletter published by the Korea Economic Institute. Korea View aims to cover developments that reveal trends on the Korean Peninsula but receive little attention in the United States. If you would like to sign up, please find the online form here. What Happened The Ministry of National Defense announced plans to loosen physical…

By Troy Stangarone Since Japan’s decision at the beginning of July to place national security restrictions on three chemical components critical for the production of semiconductors and display screens much of the focus has been on the South Korea’s dependence on Japan for certain critical technologies. But South Korea’s petroleum supplies also have significant exposure…

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.