Korea - Foreign Relations
South Korea joined the United Nations in August 1991 along with North Korea and is active in most UN specialized agencies and many international forums. South Korea has hosted major international events such as the 1988 Summer Olympics, the 2002 World Cup Soccer Tournament (co-hosted with Japan), and the 2002 Second Ministerial Conference of the Community of Democracies. In 2010, the country hosted the R.O.K.-Japan-China Trilateral Summit as well as the G-20 Seoul Summit. It will host the 2018 Winter Olympics.
Economic considerations have a high priority in Korean foreign policy. The R.O.K. seeks to build on its economic accomplishments to increase its regional and global role. It is a founding member of the Asia-Pacific Economic Cooperation (APEC) forum and chaired the organization in 2005.
The Republic of Korea maintains diplomatic relations with more than 170 countries and a broad network of trading relationships. The United States and Korea are allied by the 1953 Mutual Defense Treaty. Korea and Japan coordinate closely on numerous issues. This includes consultations with the United States on North Korea policy.
For almost 20 years after the 1950-53 Korean War, relations between North and South Korea were minimal and very strained. Official contact did not occur until 1971, beginning with Red Cross contacts and family reunification projects. In the early 1990s, relations between the two countries improved with the 1991 “Agreement on Reconciliation, Nonaggression and Exchanges and Cooperation between the South and the North,” since known as the “Basic Agreement,” which acknowledged that reunification was the goal of both governments, and the 1992 “Joint Declaration of the Denuclearization of the Korean Peninsula.” However, divergent positions on the process of reunification and North Korean weapons programs, compounded by South Korea's tumultuous domestic politics and the 1994 death of North Korean leader Kim Il-sung, contributed to a cycle of warming and cooling of relations.
Relations improved again following the 1997 election of Kim Dae-jung. His "Sunshine Policy" of engagement with the D.P.R.K. set the stage for the historic June 2000 inter-Korean summit between President Kim and North Korean leader Kim Jong-il. President Kim was awarded the Nobel Peace Prize in 2000 for the policy, but the prize was somewhat tarnished by revelations of a $500 million dollar "payoff" to North Korea that immediately preceded the summit. Engagement continued during Roh Moo-hyun’s presidency, but declined following the inauguration of President Lee Myung-bak in February 2008.
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