Pages

Sunday, October 28, 2012

South Korea : UN Security Council


South Korea
becomes a member of
UN Security Council!

10 non-permanent members enjoy power of decision making in several important issues such as resolution in disputed region, and deploying UN Peacekeeping Operations(PKO).

Now, South Korea has become a prominent nation contributing for the world peace~

South Korea becomes Non-permanent member of UN Security Council



South Korea,
2013-14 non-permanent member of UN Security Council.

Re-enters as a member after 16 years since its term of 1996-97
Secured 149 votes among 193 UN members
As one of 15 member states, it will play a major role in global peacekeeping
Positive effects on controlling the stability in Korean Peninsula

High Status in international foreign affairs,
Now its Global Korea. 

GCF Dal★shabet



GCF Songdo Style by Psy



South Korea : One of 7 Emerging Powerhouses


 


"South Korea, one of 7 nations that overcame Global Economic Crisis"
US magazine Foreign Policy highly evaluated President Lee's Stimulative Economic Policy.

The US diplomacy magazine <Foreign Policy> published article 'Who won the recession? These 7 Countries' in their November issue saying "The rise of China and India has long since become a cliche. In fact, neither country has done all that well since the crash of 2008 -- but South KoreaPolandCanadaSwedenIndonesiaTurkey,Mexicothese emerging powerhouses have cleaned up".

On Oct. 11th, Wall Street Journal published an editorial article saying "By embracing FTAs with U.S. and Europe, President Lee Myung Bak showed his attempt to open up South Korean market", also "this opening will provide benefits to South Korean consumers with expanded choices and less prices of products, resulting to development of the economy".

0 

Add a comment

South Korea : The Emerging Powerhouse

 

SOUTH KOREA
"I am confident that this crisis can advance our dream of becoming an advanced first-class nation," President Lee Myung-bak told a group of business leaders in 2009. To accomplish his goal, South Korea boosted government research and development spending from 3.4 percent -- already among the world's highest -- to 5 percent. The emphasis on innovation, combined with generous subsidies, not to mention a policy of keeping the won low to boost exports, has helped South Korean industrial giants like Samsung, Kia, and Hyundai rack up global market share. South Korea was the first wealthy country to emerge from recession in 2009, and household income has grown for the last 11 quarters. The country's credit rating was upgraded by Fitch in September, cementing its status as a haven for investors. South Korea still faces economic challenges -- domestic consumption has been low, and Korean households are among the world's most debt-laden -- but once global trade picks up, expect the Korean wave to crash on a shore near you.