Monday, June 1, 2009

South Korea gets closer to South East Asia

I thought this article was interesting in light of the economic situation in much of the world. Some South East Asian countries have not been that effected by the recent downturn while other Western nations are suffering from it. As a result some countries in the West might pass more protectionist policies. South East Asia is an important market for South Korea and that is part of the reason they want better relations with that area. Japan and China are also forces to be reckoned with and they also have an interest in South East Asia.

1 comment:

  1. That is a pretty interesting article. Thanks for sharing that. I looked up the Association of Southeast Asian Nations (ASEAN) to find out more about it because I have never heard of it before. It is pretty cool that Indonesia, Thailand, Cambodia, and other Southeast Asian countries have come together. Its website says that "As of 2006, the ASEAN region has a population of about 560 million, a total area of 4.5 million square kilometers, a combined gross domestic product of almost US$ 1,100 billion, and a total trade of about US$ 1,400 billion." Pretty impressive.