A Closer Check Southern Korea’s Policy for Cooperation With Russia
Checking out the viability of Moon Jae-in’s Nine Bridges plan
Nearly right after using office in a challenging time of tensions with North Korea in 2017, President Moon Jae-in lay out one of the more crucial goals of state policy: elevating ties with Russia and strengthening bilateral financial cooperation through so-called brand brand New Northern Policy. According to South Korean government’s 100 Policy Tasks Five-Year Arrange, the brand New Northern Policy, along with the companion brand brand brand New Southern Policy, is just a an element of the Northeast Asia Plus Community of Responsibility project, which aims to build a sustainable system that is regional of with ASEAN, the “middle energy” grouping of MIKTA (Mexico, Indonesia, Southern Korea, Turkey, and Argentina), Asia and Northeast Asian states.
In June, 2017, Moon established the Presidential Committee on Northern Economic Cooperation, after which appointed Song Young-gil (formerly the envoy that is special Russia and famous for his share towards the development of Russian–South Korean relations, which is why he had been granted the Russia’s Order of relationship) as a mind of this Committee in August.