What's in the New Southern Policy Plus? An ASEAN Perspective on Building Niche-based Pragmatic Cooperation with South Korea

Chiew-Ping Hoo ()
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Chiew-Ping Hoo: National University of Malaysia, Postal: Universiti Kebangsaan Malaysia,, 43600 UKM, Bangi Selangor, MALAYSIA, https://www.ukm.my/portal/

No 21-15, World Economy Brief from Korea Institute for International Economic Policy

Abstract: It is clear that the NSP started off with the right messages and many Southeast Asian countries have been receptive to the initiatives. Despite the pandemic bringing a lot more challenges in implementing the policy initiatives, the NSP Plus has envisioned an innovation-oriented cooperation by transforming the traditional face-to-face operations to electronic and digitalized management. Public health cooperation is understandably the immediate focus, but such cooperation should be also seen as long-term fulfilment of the cooperation on the People pillar in the NSP. Infrastructure connectivity and South Korea's cooperation in the building of an evolving East Asian regional architecture respectively enhance the Prosperity and Peace pillars. With patience, dedication, and commitment, the NSP Plus will be a long-lasting foreign policy legacy of Moon that brings benefits to Korea, ASEAN, and regional stability.

Keywords: New Southern Policy; ASEAN; South Korea; cooperation; initiative (search for similar items in EconPapers)
Pages: 5 pages
Date: 2021-03-31
New Economics Papers: this item is included in nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2021_015

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