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Korea's Mid- to Long-Term Economic Strategy for the Central Asia economic relations, economic cooperation

Author Jae-Young Lee, Hyeon-Joon Shin eds. Series 07-24 Language Korean Date 2007.12.30

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Recently, Central Asia has emerged as one of the world's strategic trading partners, overcoming a steep economic decline during the transition. Central Asian countries are diversifying their industries in order to expand their economic driving forces, and are cooperating with nearby big countries based on intra-regional economic cooperation organizations. Central Asia is a newly emerging source of supply of natural energy resources because it holds huge amounts natural resources in its territory. Moreover, it is a point of international strategic importance because it is surrounded by the EU, Russia, the Middle East, and China. Therefore, this research points out three strategic roles of the newly emerging Central Asia: a trade and investment partner, an important source of supply of energy resources, and the center of a New Great Game in an international order. (The rest is omitted.)

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