ANALYSIS OF THE TRADE AND INVESTMENT CHANNELS AS WAYS TO EXPAND AND ENHANCE THE ECONOMIC COOPERATION OF THE REPUBLIC OF KOREA WITH THE EAEU COUNTRIES

Dok Hee Oh and Kyung Sook Gil

Eastern European Journal for Regional Studies (EEJRS), 2024, vol. 10, issue 2, 6-18

Abstract: Expanding economic cooperation with the EAEU is of great importance to the Government of the Republic of Korea, which is focusing on providing new drivers of economic growth through expanded trade with various countries and groups of countries, including the Eurasian region. Economic cooperation between the Republic of Korea and the EAEU has the potential to promote mutually beneficial development in the long term as both regions are forming complementary industrial complexes. International competitiveness can be ensured through bilateral economic cooperation based on the advanced industrial technologies of the Republic of Korea, as well as energy and mineral resources, which are the main production factors of the EAEU countries. Moreover, in the current economic situation of the Republic of Korea, where it is necessary to reduce trade dependence on China, expanding cooperation with the EAEU is becoming a key aspect of its further economic development.

Keywords: South Korea; The Eurasian Economic Union; economic cooperation; investment; trade; competitiveness; market growth potential; market stability; international competitiveness. (search for similar items in EconPapers)
JEL-codes: E60 F02 F13 (search for similar items in EconPapers)
Date: 2024
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://csei.ase.md/journal/files/issue_102/EEJRS_Issue10.2_page-6-18.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aem:journl:v:10:y:2024:i:2:p:6-18

DOI: 10.53486/2537-6179.10-2.01

Access Statistics for this article

Eastern European Journal for Regional Studies (EEJRS) is currently edited by Olesea SIRBU

More articles in Eastern European Journal for Regional Studies (EEJRS) from Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM) Contact information at EDIRC.
Bibliographic data for series maintained by Dr. Rodica CRUDU ().