The fear that North Korea’s suspension of activities at the Kaesong Industrial Complex would have broader implications began to materialize last week when Daewha Fuel Pump Industrial Ltd. announced it failed to deliver parts in time to its Indian customer. Other companies are beginning to publicize their setbacks as well.
By Troy Stangarone As often happens with North Korea, there have recently been suggestions that the regime may be interested in engaging in economic reforms….
The U.S.-Korea Free Trade Agreement, or KORUS FTA, has now been in effect for one year and, as with any agreement, it is natural to reflect on what the FTA has achieved.
KITA data reveals that over time, South Korea is undergoing an increasing level of trade polarization (i.e. greater degrees of trade imbalances) vis- à-vis its trading partners.
As new leadership settles takes hold in China and the United States, how will their respective foreign policies towards Asia impact countries like Korea?
According to data by the U.S. Census Bureau, in the last eight years Korea has consistently remained the U.S.’s 7th largest trading partner and is on track to remain so this year.
A few days ago, I went to my friend’s favorite local Japanese sushi bar for the first time, and I noticed that there was bulgogi…
By Sarah K. Yun As leaders of the Asia-Pacific nations gathered for the 20th Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in Vladivostok, Russia on September…
By Nicholas Hamisevicz Jang Song-taek, Vice-Chairman of North Korea’s National Defense Commission and uncle to Kim Jong-un, returned from China after several days of meetings…
As North Korea steps up its diplomacy in Southeast Asia, could it also be a new opportunity for economic engagement?