Foreign Relations

The Korea Economic Institute (KEI) is pleased to issue the inaugural volume of its new flagship journal, Korea Policy. Our new journal carries forward the objective and spirit of KEI’s…

Over the last half decade, the Korean Peninsula has seen the prospect of war during Donald Trump’s period of “fire and fury,” but also a period of negotiations that resulted in a series of North-South and U.S.-North Korea summits. While war was avoided, those efforts at negotiation ultimately failed. The aftermath of those failed negotiations,…

After more than two years since the start of the pandemic, COVID-19 has finally been detected in North Korea. Despite strict border controls limiting the movement of people and goods to prevent entry of the novel coronavirus, state media reported on 12 May that the Omicron BA.2 variant had been found in a sample taken…

On May 24, officials in Seoul announced that a one-star navy officer would accompany South Korea’s largest-ever fleet to the biannual U.S.-led maritime military exercise, known as the Rim of Pacific Exercise (RIMPAC). The exercise intends to “ensure the safety of major sea lines of communications and improve combined capabilities” of U.S. partners in the…

Korea-Russia economic relations are redolent of Ricardo’s classic observations about trade between Britain and Portugal in the mid-19th century, which generated the very concept of comparative advantage. Korea is an advanced industrial state with a deep manufacturing base and far-flung global production networks. Russia relies heavily on the export of raw materials, and by no…