The economic case for the South Korea–U.S. Free Trade Agreement (KORUS) has been variously described as a “slam dunk,” a “pareto-optimal solution,” and “an easy ‘yes.’” However, aside from the economic arguments for KORUS, recent events in the Korean peninsula make approval of the agreement more important than ever. On …
At 2:43 PM local time today, North Korea fired artillery rockets at the South Korean island of Yeonpyeong setting dozens of residential homes ablaze, wounding three civilians and fifteen soldiers, and killing two South Korean Marines. South Korea responded with artillery fire of their own but while they placed fighter …
On September 13, 2010, South Korea released an extensive report detailing North Korea’s responsibility for an unprovoked attack on the South Korean naval vessel Cheonan. The 313-page report provides overwhelming, irrefutable evidence that Pyongyang deliberately sank the Cheonan with a torpedo launched from a submarine. Although North Korea’s motives for …
This week, the U.S. and South Korea have initiated extensive joint military exercises and senior-level security meetings to project an image of strong solidarity, resolve, and deterrence to North Korea. Under normal circumstances, these actions would have accomplished their purpose. Although the robust naval exercises display formidable military capabilities, they …
In his May 24 address to the nation, South Korean President Lee Myung-bak outlined an appropriately firm response to North Korea’s vicious attack on the Cheonan naval ship. President Lee’s policy decisions largely mirrored those recommended earlier by Heritage analyst Bruce Klingner, including a decision that “[t]rade and exchanges between …
