Asia

As COVID-19 continues its global spread, the economic implications are anticipated to be significant. Depending on magnitude of spread, the fall in Korea’s real GDP is estimated at between 0.51%…

Under President Moon Jae-in, South Korea has set an ambitious target to move from being “first in the world” in the race to 5G to “first in global quality.” Yet,…

India and South Korea, Asia’s third- and fourth-largest economies, respectively, established a Comprehensive Economic Partnership Agreement (CEPA) in 2010 and upgraded their relationship to a special strategic partnership in 2015.…

Both India’s and South Korea’s strategic choices are deeply influenced by the rapidly evolving Indo-Pacific construct, particularly amid a mounting U.S.-China rivalry. With India’s “Look/Act East” policy and South Korea’s…

June 25, 2020 marks the 70th anniversary of the start of the Korean War. The conflict on the Korean Peninsula has been going on for so long that we sometimes…

2020 is starting off dramatically with the escalation of tensions in the Middle East – The world held its breath while the United States and Iran exchanged both blows and…

While it is frustrating to see North Korean projectiles flying out to sea and Pyongyang’s erratic, unpredictable reactions in negotiations, we cannot forget where things stood in 2017 – the…

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

President Yoon Suk Yeol presided over the Presidential Committee on an Aging Society and Population Policy in March. It was the first time that a president had attended a meeting of the Committee since 2015, reflecting rising concern over the decline in Korea’s total fertility rate to 0.78 in 2022 (Figure 1). It is the…

A remarkably detailed joint statement emerged from the May 22, 2023, summit meeting in Seoul between President Yoon Suk Yeol and European Commission President Ursula von der Leyen and European Council President Charles Michel--the twin leadership of the EU.  The statement noted the 60th anniversary of diplomatic relations between the EU and ROK; described common…

The ROK-U.S. state visit significantly strengthened the alliance amid changes in the international order, such as the Ukrainian war and intensifying U.S.-China competition. The two countries adopted six joint statements, including the "Washington Declaration," which is significant in expressing the U.S. commitment for extended deterrence and South Korea's willingness to comply with the Treaty on…

As Korea and Japan work to resolve their differences, their neighbor China has been watching very carefully. After the summit, the Chinese foreign ministry emphasized the need for stable economic relations for prosperity between Beijing, Seoul and Tōkyō. “China opposes certain countries’ attempts to form exclusionary cliques,” said Ministry of Foreign Affairs spokesman Wang Wenbin…