International Trade - Visualizing Conflict Interest (sitios de interés)
Descripción del sitio
South Korea is the United States' seventh-largest trading partner and is the 15th-largest economy in the world.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.
Until recently, South Korea was North Korea's second-largest trading partner after China.Much of the work done in North Korea has been funded by South Korea, but this assistance was halted in 2008 except for energy aid (heavy fuel oil) authorized under the Six-Party Talks.
North-South economic ties were seriously damaged by escalating tensions following North Korea’s torpedoing of the South Korean warship Cheonan in March 2010. In September 2010, South Korea suspended all inter-Korean trade with the exception of the Kaesong Industrial Complex.