Towards sustainable and resilient ASEAN-Korea economic integration 2.0

Kyunghoon Kim
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Abstract

Korea and ASEAN are currently seeing a golden age in their partnership; their trade and investment relations are strengthening rapidly, and ASEAN has become a key player in Korea's diplomacy. However, there are a number of challenges in this relationship, such as Korea's high level of reliance on a single ASEAN member (Vietnam), Korean businesses’ relatively short history in ASEAN, and inconsistencies and ambiguities in Korea's diplomatic approach towards ASEAN. In order to overcome these issues, Korean entities could consider seeking local partners in ASEAN, spotting economic and societal priorities in national and ASEAN development strategies, and taking advantage of ASEAN's intra-regional integration. There are two areas, namely Indonesia's electric vehicle value chain and smart city construction, in which Korea's public and private entities are attempting to gain a foothold by adopting these strategies.

迈向可持续和有韧性的东盟-韩国经济一体化2.0
韩国和东盟目前正处于伙伴关系的黄金时代;两国的贸易和投资关系正在迅速加强,东盟已成为韩国外交的关键角色。然而,这种关系也存在许多挑战,例如韩国对东盟单一成员国(越南)的高度依赖,韩国企业在东盟的历史相对较短,以及韩国对东盟外交方式的不一致和模糊。为了克服这些问题,韩国实体可以考虑在东盟寻找当地合作伙伴,在国家和东盟发展战略中确定经济和社会优先事项,并利用东盟的区域内一体化。有两个领域,即印尼的电动汽车价值链和智能城市建设,韩国的公共和私营实体正试图通过采取这些战略在这两个领域站稳脚跟。
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