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International Peace and Cooperation

The Republic of Korea joined the United Nations in September 1991, expanding its active participation in multilateral diplomacy in tandem with its elevated global standing economically. Even before joining the UN, however, the Republic of Korea was active in such specialized UN agencies as the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD), the United Nations Industrial Development Organization (UNIDO), and the United Nations Educational, Scientific and Cultural Organization (UNESCO), as well as the General Agreement on Tariffs and Trade (GATT) and other key inter-governmental bodies.

Dr Lee Jong-wook: Prior to his work as WHO Director-General, Dr Lee was a world leader in the fight against two of the greatest challenges to international health and development - tuberculosis, and vaccine preventable diseases of children. Dr Lee Jongwook died on the morning of 22 May 2006 following a sudden illness.
Dr Lee Jong-wook: Prior to his work as WHO Director-General, Dr Lee was a world leader in the fight against two of the greatest challenges to international health and development - tuberculosis, and vaccine preventable diseases of children. Dr Lee Jongwook died on the morning of 22 May 2006 following a sudden illness.
It has also helped to launch the Goodwill Ambassadors Program adopted by the UN International Drug Control Program as part of activities for the UN Decade Against Drug Abuse. Korea hosted the 18th session of the Meeting of Heads of National Drug Law Enforcement Agencies, Asia and the Pacific in Seoul in September 1993.

As a member of the UN, the Republic of Korea stepped up efforts to expand its global role. In 1992, the nation became a member of several important UN bodies, such as the Commission on Crime Prevention and Criminal Justice, the Governing Council of the United Nations Development Program (UNDP), the Commission on Human Rights and the Committee for Program and Coordination. At the 47th session of the General Assembly in October 1992, the Republic of Korea was elected to the UN Economic and Social Council, one of the principal UN organs along with the Security Council and the General Assembly. Korea's financial contribution to the UN's regular budget amounted to US$44 million in 2007, placing it 11th among all member states.

At the Economic and Social Council (ECOSOC) session in January 1993, the Republic of Korea was elected to serve as a vice-president and also became the chairman of the ECOSOC Committee. The Republic of Korea was also elected to the Commission on Sustainable Development, a new commission established under the ECOSOC in February 1993 to coordinate and monitor environmental and developmental activities.

U.N. Secretary-General Ban Ki-moon of the Republic of Korea, the eighth Secretary-General of the United Nations, brings to his post 37 years of service in government and on the global stage. At the time of his election as Secretary-General, Mr. Ban was his country's Minister of Foreign Affairs and Trade.
U.N. Secretary-General Ban Ki-moon of the Republic of Korea, the eighth Secretary-General of the United Nations, brings to his post 37 years of service in government and on the global stage. At the time of his election as Secretary-General, Mr. Ban was his country's Minister of Foreign Affairs and Trade.
Throughout its nearly two decades in the UN, the Republic of Korea has participated actively in major issues handled by the world body such as conflict prevention and peacekeeping missions, disarmament talks, environmental protection, development projects and human rights protection. In particular, its role as a non-permanent member in the Security Council from 1996-1997 provided invaluable experience. During its tenure, Korea contributed constructively in the discussions to address major regional conflicts by highlighting the problem of "political refugees."

As a peace-loving member of the UN, Korea is committed to the maintenance of international peace and security and is therefore actively participating in UN peacekeeping activities. Since the Republic of Korea joined the UN in 1991, it has dispatched 920 troops to UN peacekeeping operations, including UNOSOM II in Somalia, UNAVEM II in Angola, UNTAET in East Timor, UNFICYP in Cyprus, MINURSO in Western Sahara, and ONUB in Burundi.

S. Korea's Dongmyeong unit in the city of Tyr, southern Lebannon, treated a total of 3,000 local patients within 8 months.
S. Korea's Dongmyeong unit in the city of Tyr, southern Lebannon, treated a total of 3,000 local patients within 8 months.
Right now, 38 Koreans are dispatched to UNMOGIP in India/Pakistan, UNOMIG in Georgia, UNMIL in Liberia, UNAMA in Afghanistan, UNMIS in Sudan, UNMIT in East Timor and UNMIN in Nepal.  350 infantry troops were sent to UNIFIL (Lebanon) in July last year, so a total of 401 troops are dispatched to a total of eight peacekeeping missions, which is the 37th largest number of troops dispatched to peacekeeping operations among the UN member states.

In addition to those, Korea has a number of troops dispatched to war zones such as Iraq and, until recently, Afghanistan as well.

Developing countries often face serious problems because they lack experience in preparing economic plans, procuring necessary investment capital and executing the economic policies necessary for sustained economic growth. The Republic of Korea's developmental experience, therefore, can be a model for such nations.

Korea had already begun assisting developing countries in the 1960s by hosting small numbers of trainees and dispatching a few experts overseas. After 1975, when its economy had reached a higher level, Korea began to increase its assistance in a variety of forms: grants of machinery and materials, construction technology aid, Economic Development Cooperation Fund (EDCF) loans and direct personnel assistance, especially through the Youth Volunteer Program.

The Republic of Korea also provided assistance to developing countries through multilateral organizations such as the IMF, IBRD, ADB and nearly a dozen other international financial organizations.

In April 1991, the Republic of Korea created the Korea International Cooperation Agency (KOICA) under the Ministry of Foreign Affairs to consolidate its assistance to developing countries. It provides technical and financial aid to developing countries and shares Korea's development experience and expertise.

The KOICA stresses poverty eradication and is actively participating in efforts to achieve international development goals and solve global issues, such as sustainable socioeconomic development and improved governance in developing countries.
The KOICA stresses poverty eradication and is actively participating in efforts to achieve international development goals and solve global issues, such as sustainable socioeconomic development and improved governance in developing countries.
KOICA implements various cooperation programs such as dispatching medical doctors, industry experts, taekwondo instructors and other volunteers, inviting trainees to Korea and assisting non-governmental organizations. KOICA contributes to enhancing Korea's image through establishing cooperative relationships with developing countries. Korea contributed US$455 million in Official Development Aid (ODA) in 2006.

The Republic of Korea is committed to the pursuit of cultural exchanges with foreign countries to enhance bilateral friendship and understanding and to contribute to global reconciliation and cooperation. The nation also seeks to introduce Korean traditional art and culture abroad, and supports overseas Korean studies programs as well as numerous academic conferences and athletic exchanges. The Korea Foundation, established in 1991, coordinates and supports international cultural exchange programs.


 
 

  General Information of Korea  
   Historical Background
When the Second World War ended with Japan's defeat, all Koreans aspired for a unified independent nation but instead suffered national division resulting from the subsequent Cold War between East and West. The national division and establishment of separate governments in the South and the North eventually led to a civil war, the Korean War (1950-1953). The Korean War was a by-product of internal ideological conflicts and was viewed by many as a …
   North Korean Nuclear Issue
The South Korean Government has designated making a breakthrough in the North Korean nuclear issue through the Six-Party Talks ― involving the Koreas, the United States, China, Russia and Japan ― as the core task of its security policy. It is pursuing advancements in inter-Korean relations as a catalyst for the resolution of the nuclear issue. Envoys from six nations pose for a group photo during their North Korean nuc…
   Inter-Korean Exchanges and Cooperation
Following national division, the two halves of the peninsula became increasingly heterogeneous. Consequently, the South Korean Government has strived to rebuild a national community through inter-Korean exchanges and cooperation rather than rushing to achieve unification. Gaeseong Industrial Complex North Korean workers at the Gaeseong Industrial Complex The Gaeseong Industrial Complex is an inter-Korean economic cooperative projec…
   Future Policy Directions

Based on the progress in inter-Korean relations made so far, the Lee Myung-bak Administration will focus on the successful resolution of the North Korean nuclear issue and establishment of a lasting peace. Resolving the North Korean nuclear issue is crucial to peace on the Korean Peninsula. It is a critical link in the progress toward peace and economic development. For economic exchanges and cooperation between the two Koreas to advance, peace must be wrought, and in turn, economic cooperation will advance the establishment of peace. Peace on the Korean Peninsula has rested on a cease…

   International Relations
Since its founding in 1948, the Republic of Korea has been committed to the concepts of democracy and a free-market economy, but its foreign relations have undergone significant changes since its founding. As U.S.-USSR relations divided much of the world into two antagonistic blocs following World War II, the Republic of Korea pursued its foreign relations in concert with the democratic nations of the West. In the years following the Korean War, the in…
   Economic Exchanges
In the wake of the Cold War, a distinct trend toward regionalism emerged. Countries like the Republic of Korea, which have pursued export-led growth, found themselves facing a different international economic environment than in the past. Korea's export growth mostly depended on trade with advanced countries ― the United States, Japan and the European Union. This has often caused friction over trade imbalances. Wit…
   International Peace and Cooperation
The Republic of Korea joined the United Nations in September 1991, expanding its active participation in multilateral diplomacy in tandem with its elevated global standing economically. Even before joining the UN, however, the Republic of Korea was active in such specialized UN agencies as the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD), the United Nations Industrial Development Organization (UNID…
   Future Policy Directions
The Republic of Korea will take a more positive stance with a greater vision and carry out global diplomacy in active cooperation with the international community. Transcending the differences in race, religion, and wealth, Korea will befriend all nations and peoples. Respecting the universal principles of democracy and market economics, we will take part in the global movement for peace and development. The Government will work to develop and f…
   Economic Growth
Korea rapidly recovered from the economic storm that began in late 1997. This crisis, which roiled markets all across Asia, had threatened Korea's remarkable economic achievements. However, thanks to the faithful implementation of an IMF agreement, the Korean Government's strong resolve for reform, and successful negotiation of foreign debt restructuring with creditor banks, the nation rebounded and is now stronger than ever economically. Sin…
   Industrial Innovation
As the world's 13th largest economy, Korea has emerged as a success story in many ways. In 2007, Korea's trade volume amounted to US$728 billion, ranking 11th in the world. Korea also has the fourth largest foreign reserves. Despite high oil prices, the strong won and rising raw material prices, the Korean economy is growing at a healthy pace. Hyundai Motor SUVs waiting for shipping in the nation's southeastern port Ulsan S…
   Science and Technology
To reinvigorate the development of advanced science and technology, the Government established the Korea Institute of Science and Technology (KIST) and the Ministry of Science and Technology (MOST) in 1966 and 1967, respectively. Initially, Korea's national science and technology policies focused mainly on the introduction, absorption, and application of foreign technologies. In the 1980s, however, the emphasis shifted to the planning and cond…
   Information Telecommunication
Korea's stance as a powerhouse in terms of information technology is demonstrated by its vast IT-related production and exports, development of world-leading technology, and also the wide use of Internet and mobile telecommunication devices within the country. IT industry-related products, such as computer chips and mobile phones, account for over 30% of Korea's total exports, and nearly every Korean over age 12 owns at least one mobile phone…
   Economic Challenges
Wishing for record-high stock prices Over the past three decades, Korea has enjoyed an annual average economic growth rate of 8.6 percent and has emerged as the world's 11th largest trading nation. In less than two generations, the nation has established itself as one of the world's leading shipbuilders and manufacturers of electronics, semiconductors and automobiles. International financial markets positively…
   Foreign Direct Investment
In the case of Korea, foreign trade accounted for 71.5% of the national GDP in 2006, while revenue from foreign invested companies took up almost 14% of total manufacturing sales. As such, Korea is working hard to support foreign invested companies. A good example is the opening of the world's largest LCD complex in Paju, just kilometers from the Demilitarized Zone. The Government built roads and infrastructure needed to support the massive ind…
   Capital Market Liberalization
Korea's strategy for capital market development centers on two interrelated policy initiatives, namely market liberalization and market augmentation. Capital market liberalization will directly increase Korea's access to foreign capital and technology, while market augmentation will improve the operational efficiency of the capital market. Significant progress has already been realized in the implementation of measures to further open the…
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