Foreign Relations

The world of the twenty-first century is not the world in which I grew up. Then, influence and power were centered in the so-called industrialized world—Western Europe, Japan, and North…

From Kia, with Love: Korean Greenfield Investment Revives a Community On Friday, February 26, in a flashy rock concert atmosphere, a much awaited and well attended ribbon cutting ceremony took…

Beginning of Korea-India Relations, Shrouded in Legend Every year, India traditionally invites a foreign head of state to attend the anniversary of the establishment of the Indian Republic in 1950.…

Korea is a relative newcomer to the negotiation of bilateral FTAs, concluding its first agreement with Chile only in 2003. Prior to engaging in bilateral FTAs, Korea emphasized the multilateral…

Last December, South Korea and Vietnam commemorated their 30th diplomatic anniversary by upgrading the bilateral relations from a ‘strategic partnership’ to a ‘comprehensive and strategic partnership (CSP).’ South Korea represents a notable case as the first middle power to establish such relations with Vietnam, following China, Russia, and India. While economic, technological, and security cooperation…

March saw President Yoon Suk Yeol make significant efforts to realize his campaign goal of rehabilitating relations with Japan. After a trip to Tōkyō to meet with Prime Minister Kishida Fumio, the president told his Cabinet that the two countries must look towards the future. “Korea-Japan relations can and must be a win-win relationship that…

The OECD’s March Interim Economic Outlook projects that Korea’s real GDP will increase by 1.6% in 2023, matching the Bank of Korea’s February forecast. The new projection is a slight downward revision from the OECD’s November 2022 outlook in the context of below-trend global economic growth. The impact of the war in Ukraine and high…

The Tokyo summit that brought together South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida on 23 March 2023 successfully cleared away much of the accumulated debris of the last five years of dysfunctionality. The two-day official visit — the first by a South Korean president in a dozen years — checked off…