Why This May Be South Korea’s Most Consequential Presidential Election
The next administration will come into office at time when South Korea faces a wide array of economic, political, social, and security challenges.
The next administration will come into office at time when South Korea faces a wide array of economic, political, social, and security challenges.
The EU and South Korea share important values such as human rights, democracy and a market economy, making the EU an important partner for South Korea and the next presidential administration.
Since establishing a Sectoral Dialogue Partnership with the Association of Southeast Asian Nations (ASEAN) in 1989, South Korea has rapidly expanded its diplomatic ties, economic partnerships, and development assistance efforts in Southeast Asia.
U.S. services exports to Korea hit a record level of $21.55 billion in 2016, which contributed to producing the highest trade surplus in services ($10.7 billion) for the United States in the history of U.S.-South Korea trade relations.
Last week, the Office of the U.S. Trade Representative (USTR) released the President’s National Trade Policy Agenda for 2017.
While the overall U.S. trade deficit in merchandise goods with the world increased by $1.9 billion or 0.4 percent, the bilateral trade deficit between the U.S. and South Korea declined by $647 million or 2.3 percent.
“Thank you, @Samsung! We would love to have you!” Donald Trump wrote on his personal Twitter account, linking to a story about a possible plan for the tech company to build a factory for home appliances in the United States.
For the last eight years, we’ve seen a relationship that has grown beyond the Cold War confines of the threat from North Korea and that has begun to evolve into more of a partnership that works together both in the region and on the global stage.
The issue of trade was raised to a top-tier issue during the election and the hearings will help provide insight into the future direction of policy.
For the purposes of those with a particular interest in Northeast Asia, and Korea in particular, following are questions that we would love to see asked and answered during the upcoming confirmation hearings.