Asia

Since 1990, Regional Trade Agreements (RTAs), including Free Trade Agreements (FTAs) and Customs Unions, have spread rapidly on the basis of the WTO system that was launched in 1995; 224…

Nearly two decades have passed since the last major multilateral trade agreements were concluded in 1993—a gap already longer than any since the GATT/WTO system emerged in 1948. Action on…

The Seoul Nuclear Security Summit held in March 2012 was a watershed event for South Korea. It marked by far the largest gathering of world leaders on South Korean soil.…

Despite their evident differences, it is not difficult to draw certain parallels between India and the Republic of Korea (ROK). The emergences of both states from decades of colonial rule…

In 2010, a group of Asian countries made major strides toward economic integration with the launch of the Chang Mai Initiative Multilateralization. This currency swap arrangement has had a major…

With the recent season finale of The Walking Dead and the broadcast of his visit to South Korea with talk show host Conan O'Brien this past weekend, we look back at our…

This week our guest is noted scholar and North Korea watcher Dr. Stephan Haggard. Dr. Haggard is a Professor of Korea-Pacific Studies and director of the Korea-Pacific Program at the…

At KEI, we mainly focus on the relationship between the United States and South Korea, and their approaches toward North Korea. This week, we're taking a different look at the…

This year began with a trip by Secretary of the Navy Carlos Del Toro to visit Korean shipyards and court Korean investment in US shipbuilding. In June 2024, Hanwha Ocean made a bid to purchase Philly Shipyard and secure a foothold for Korean shipbuilding in the United States. While Hanwha Ocean had previously bid for…

As multiple conflicts abroad caused ripples through the world of commerce and trade, the United States and South Korea came into the year broadly aligned on strategies to derisk and diversify supply chains, extending efforts to limit single country reliance on key material imports and integrating national security with economic security. Investments in advanced manufacturing…

Financial issues plagued North Korea in 2024 with Kim Jong Un’s singular success, halting the hyperinflation and currency debasement, suddenly coming unraveled in mid-year. After a decade of price and currency stability, the value of the North Korean won suddenly fell by about two-thirds between July and December. By year’s end, 27,000 won was needed…

Contributors (last name alphabetical): Andy Hong, Jaehyoung Ju, Je Heon (James) Kim, Joo Young Kim, Sheewon Min This timeline highlights major events in the aftermath of South Korean President Yoon Suk Yeol’s declaration of martial law on December 3, 2024 up to President Yoon's impeachment vote. The timeline will periodically update in reverse chronological order with brief descriptions and sources linked to each event. Time stamps…