Asia

The Korean economy has fared well despite the recent global market turmoil and is well positioned to benefit from the global recovery given its strong fundamentals and skilled policymaking. But…

The health and strength of Korea’s manufacturing-intensive, export-led economy remains almost entirely dependent on access to energy imports; in particular, oil from the Middle East. This continues to leave the…

Over the past twenty years, economic relations between ASEAN and Korea have evolved quite rapidly. As a result, ASEAN has now become the second largest trading partner and FDI destination…

2013 marks the 40th anniversary of diplomatic relations between the Republic of Korea (ROK) and India. This relationship, based primarily on economic cooperation, has slowed down since the 2000s in…

For understandable reasons, the international community has been focused on North Korea's nuclear program, concerned that Pyongyang could have a weapon capable of such massive destruction. But should they also…

Last week, we looked at the details of the new US and UN sanctions against North Korea, delving into the new measures to get at Pyongyang's funding. But will they…

On February 18, President Barack Obama signed into law a new round of sanctions designed to further squeeze the North Korean regime. On March 3, the United Nations Security Council…

Human rights in North Korea remains a divisive issue between the international community and North Korea. In 2013, the United Nations Human Rights Council established Commission of Inquiry on Human…

U.S. and South Korean companies continued to plow ahead and forge partnerships across several domains in Q2 despite uncertainty surrounding bilateral trade relations and policy. Bolstered by partnerships in technology, shipbuilding, clean energy, and artificial intelligence, new projects include Korean firms constructing U.S. containerships as well as unmanned surface vehicle (USV) development, providing greater support…

New South Korean President Lee Jae-myung takes office at a time of serious economic challenges in South Korea. Real GDP fell by 0.2 percent in the first quarter of 2025, with private consumption, fixed investment and exports all reporting declines. The political crisis triggered by Yoon Suk Yeol and his martial law declaration late last…

According to the World Bank, certain minerals associated with battery technology are expected to see relative increases in demand of up to 500 percent by 2050 as part of the global transition to clean energy. Thus, sourcing critical minerals for the clean energy transition will be paramount to its success, particularly in the context of…

On June 10, Cuba’s first Ambassador to South Korea Claudio Monzón Baeza formally opened his country’s embassy in Seoul. The festive event was held with the South Korean Ministry of Foreign Affairs’ director-general for Latin American affairs and included remarks from the Cuban Ministry of Foreign Affairs’ director-general for Asia and Oceania. The Cuban diplomats…