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Region-Specific Strategies

Western Sphere, Central Sphere, Eastern Sphere

map - Western Region map - Central Region map - Eastern Region
  • Western Region Western Russia, Ukraine, and Belarus

    (Russia) Focusing on industrial advancement based on the cultivation of manufacturing and high-tech industries (Ukraine) Equipped with advanced technology in the ICT and aerospace sectors (Belarus) Centered on service and manufacturing industries

    • Region's basic technology

    • ROK's technological applications

    • Expected to create a new growth model (and thereby reinforce ROK’s competitive edge in high-tech industries)
    Reinforcing technological cooperation in high-value-added industries, including high-tech industries
    • Promoting technological cooperation and joint investments with universities, research institutes, and public organizations

    • Fostering KORUSTEC (in Moscow) into a bilateral cooperation hub

      * To support not only research activities but also the creation of the ecosystem for joint startups
    • Capitalizing on various events such as St. Petersburg International Economic Forum and Innoprom

  • Central Region Central Asia and Mongolia

    Building political and diplomatic ties based on strong historical and cultural bonds Equipped with great potential for economic growth and an industrial structure complementary to that of ROK Anticipated to form sustainable, mutually beneficial relations

    Expanding exchange and cooperation across diverse areas, mainly in resource development and infrastructure
    • Reinforcing cooperation in resource development and infrastructure, the two sectors noted for growth potential, on a continued basis

      • Providing support for projects of interest of ROK’s corporations, such as refining and petrochemicals, roads and airports, and combined heat and power plants
      • Increasing development financing support and establishing permanent inter-governmental communication channels
    • Expanding cooperation in areas of ROK's strengths, such as manufacturing, agriculture, and information and telecommunications

      • Seeking to come up with policies aimed at achieving economic modernization and industrial diversification
        * (Kazakhstan) 2050 Strategy (2012), (Uzbekistan) Uzbekistan's Development Strategy for 2017-2021 (2017), (Turkmenistan) Social and Economic Programme of Turkmenistan for 2018-2024 (2017)
    • Reinforcing support for the private sector and inter-governmental cooperation using government-level consultative bodies

      • Utilizing Korea-Central Asia Cooperation Forum as the foundation for cooperation with Central Asia
        * Improving the operation of the Forum's economy division and expanding support via its secretariat (established in July 2017)
      • Providing support for education, healthcare, and public administration using ODA
  • Eastern Region Russian Far East and the Three Northeastern Provinces of China

    Making a substantial political and diplomatic impact on Northeast Asia Development demand expected to rise as a result of Russia's New East Asia Policy and the Mongolia-China-Russia Economic Corridor ("One Belt, One Road" initiative) Possible to improve inter-Korean relations based on cooperation between ROK, North Korea, and Russia

    Building a more solid strategic partnership between ROK and Russia by reinforcing economic cooperation
    • Promoting the Far East development project based on cooperation with Russia

      • Pushing ahead with the project in nine areas in accordance with the 9-BRIDGE Strategy
      • Seeking to initiate new projects jointly with Russia (ICT, transportation, environment, hotel and resort, healthcare, education, etc.)
    • Pushing ahead with projects in connection with "One Belt, One Road" and multilateral cooperation projects involving the Three Northeastern Provinces of China

      • Developing and promoting projects in connection with the China-Mongolia-Russia Economic Corridor initiative using AIIB and GTI (reviewing the possibility of resuming suspended projects, such as the development of an international logistics complex in Hunchun)
      • Increasing the use of the Trans-China Railway (TCR) and Trans-Mongolian Railway (TMGR) and ultimately re-connecting ROK and North Korean railways
    • Carrying forward with cooperation projects between ROK, North Korea, and Russia based on enhanced mutual trust between ROK and Russia

      • Preparing to resume the Rajin-Khasan logistics project considering the developments in inter-Korean relations
      • Laying the foundation to connect ROK, North Korea, and Russia in the sectors of gas, railway, and electricity