Asia,North America

This paper addresses the U.S.-South Korea alliance in the context of Asia’s evolving security architecture. At the crux of the issue is the Biden administration’s desire to uphold the rules-based…

US-Korea Deal Flow Date American Company Korean Company Project Value Amount Location March 29 N/A Taihan Cable & Solution Power grid replacement deal $82 million Florida March 27 Google Cloud NCSOFT Partnership to apply AI and cloud computing to game development N/A N/A March 15 IGNEO, Korea Zinc subsidiary Korea Zinc, LG Chem Korea Zinc…

South Korea established full diplomatic relations with Cuba on February 15, 2024, when the ambassadors of the two countries to the United Nations in New York City exchanged diplomatic notes formally establishing diplomatic ties.  The move was unexpected since there had been no recent public reports that the two countries were engaged in discussions regarding…

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…

In April 2023, provisions in the Inflation Reduction Act (IRA) went into effect regarding standards for battery components and critical mineral materials. This had been the source of significant uncertainty for Korean electric vehicle (EV) makers and their suppliers as Korean companies were subsequently left off the list of eligible vehicles for the Section 30D…