Posts tagged ‘China’
Infrastructure investment in World Bank client countries by Korean sponsors
January 25, 2012
junotane
The World Bank has released a report entitled Infrastructure investment in World Bank client countries by Korean sponsors, which shows that during the period 1990-2010 project sponsors from the Republic of Korea implemented nineteen infrastructure projects in low and middle income countries.
A new article in the journal International Security by Bruce W. Bennett (Rand Corporation) and Jennifer Lind (Dartmouth College) entitled “The Collapse of North Korea: Military Missions and Requirement” (may require login) adds to the debate on the lack of preparation for the sudden collapse of North Korea.
The article focuses on military preparedness and the potential missions required. Importantly, it also highlights the lack of preparation in several key areas, including the lack of multilateral planning; the limited consideration of potential collapse in contemporary South Korean defence planning and the need to reform the South Korean reserve structure; and the need to establish more links with North Korean military and government officials. The article is the result of a comprehensive consultation process involving some of the best contingency planning resources.
The week ending 28 October 2011 has seen the visit to South Korea of two senior officials from the United States (US) and China. Read more
On 26 October 2011, the Bank of Korea (BOK) announced that it had reached an agreement with the People’s Bank of China (PBC) to almost double the won-yuan swap arrangement from USD33.7billion to USD56.5 billion. Read more
During 26-27 October China Vice-Premier and Deputy Party Secretary to the State Council, Li Keqiang, will pay an official visit to South Korea. Read more
On 21 October 2011, the West Sea Fisheries Supervision Office announced the capture of three Chinese fishing boats for illegal fishing in South Korea’s Exclusive Economic Zone (EEZ), 30 kms northwest of Hong Island in the Yellow Sea. Read more
Analysts have long considered the Korea – United States (KORUS) Free Trade Agreement (FTA) to have an important strategic impact. In both countries, a degree of support for commencing negotiations towards an FTA was the hope that an agreement would restore increasingly strained bilateral relations. Read more
On 5 October 2011, the Ministry of National Defense (MND) and Navy (ROKN) held a joint press conference for foreign news media on the construction of the Jeju Multipurpose Port Complex project. The specific aim of the joint press conference was to “prevent misleading and distorted information from spreading around the world”. Read more
On 30 September 2011, the Ministry of foreign Affairs and Trade (MOFAT) announced that Japan’s new foreign minister, Koichiro Gemba, will visit South Korea during 6-7 October 2011, to discuss bilateral relations and North Korea issues. Read more
On 27 October 2011, the official opening ceremony of the China-Korea-Japan Trilateral Cooperation Secretariat was held in Seoul. The Secretariat is a largely symbolic body to promote cooperation between the three states, but holds significant potential in the context of Korea’s regional diplomacy. Read more
