- South Korea’s renewed engagement in sub-Saharan Africa is driven primarily by three factors: the pursuit of food and energy security; the establishment of new markets for its manufactured goods; and the enhancement of its credentials as a prominent global power, particularly in order to counter the diplomacy of North Korea.
- The South Korean government plays a pivotal role in the country’s economic expansion in sub-Saharan Africa, in close collaboration with the private sector. The Korea-Africa Forum, the Korea-Africa Economic Cooperation and the Korea-Africa Industry Cooperation Forum underpin this strategy.
- South Korean exports to Africa rose fivefold between 2000 and 2011, although bilateral trade remains low, representing only two per cent of South Korea’s global trade. The majority of South Korean exports are to only a handful of countries – such as Liberia, Nigeria and South Africa. (The rest omitted)
- South Korea’s engagement in Sub-Saharan Africa
- Darracq, Vincent; Neville, Daragh
- Chatham House(The Royal Institute of International Affairs)
South Korea’s engagement in Sub-Saharan Africa
Fortune, fuel and frontier markets
[London]:Chatham House(The Royal Institute of International Affairs)
|Series Title; No||Research Paper|
South Korea(Asia and Pacific)
|Subject||Economy < Trade
Government and Law < International Politics