Lauder Institute of Management and International Studies and Center for East Asian Studies at University of Pennsylvania invited Ambassador Gheewhan Kim, Consul General of Republic of Korea in New York, to speak on February 22, 2016.
Ambassador Kim discussed on the topic of “The Current Political and Economic Challenges in the Strategic Triangle of Korea, Japan and China.” He noted that with China’s rise, the United States is pursuing a foreign policy of rebalancing to Asia. Such development could potentially destabilize the region as the two may become strategic rivals. However, in the wake of North Korea’s 4 th nuclear test and missile launches, regional cooperation is more important than ever; and China is the key component. He also stressed that the international community needs to cooperate in pressing North Korea so that it ultimately gives up on its nuclear development project and missiles.
Amidst these challenges, it’s worth noting that Korea-US alliance serves as the linchpin of peace in Asia. Also, it is crucial that the two allies of the United States – Korea and Japan – develop good relations and cooperate more. At the same time, Korea should also pursue deeper engagement with China.
In terms of economy, he elaborated the importance of setting a higher standard of economic cooperation, such as the Trans-Pacific Partnership. While noting that the Korea-US Free Trade Agreement had played an important role in shaping the Pacific trade agreement, he argued that such a high standard trade accord would help to establish a rule-based economic framework in the region, which would induce China to become a partner. As a result, America’s rebalance to Asia would be a source of economic prosperity and confidence building, rather than conflict and tension.
Given these, Ambassador Kim concluded by underscoring that strategically and economically Korea-US partnership is the key to building a lasting peace and prosperity in the region.
This event is featured as a part of “A Korea in New York,” as it aligns with the purpose of the initiative by the Korean Consulate.
“A Korea in New York” is our collective slogan for 2016 that encompasses our aims to promote Korean contents to the communities in New York and the surrounding areas. We want to proactively share these elements in a way that best contributes and gives back to our neighboring communities as well as the entire US.
“A Korea in New York” means:
1. Promoting ONE IMAGE of Korea through partnerships.
2. BRINGING KOREA CLOSER to New Yorkers and beyond by vitalizing Korean culture in the United States, facilitating community cooperation, and creating shared values.
3. Sharing an AUTHENTIC, YET CREATIVE Korea, maintaining tradition while embracing new creative fields; creation of a set of best practices to be used and spread globally.