Foreign Relations
South Korea maintains diplomatic relations with more than 188 countries. The country has also been a member of the United Nations since 1991, when it became a member state at the same time as North Korea. On January 1, 2007, South Korean Foreign Minister Ban Ki-moon assumed the post of UN Secretary-General. It has also developed links with the Association of Southeast Asian Nations as both a member of ASEAN Plus three, a body of observers, and the East Asia Summit (EAS).
In 2010, South Korea and the European Union concluded a free trade agreement (FTA) to reduce trade barriers. South Korea is also negotiating a Free Trade Agreement with Canada, and another with New Zealand. In November 2009 South Korea joined the OECD Development Assistance Committee, marking the first time a former aid recipient country joined the group as a donor member. South Korea hosted the G-20 Summit in Seoul in November 2010.
Read more about this topic: South Korea
Famous quotes containing the words foreign and/or relations:
“Our country! In her intercourse with foreign nations, may she always be in the right; but our country, right or wrong.”
—Stephen Decatur (1779–1820)
“Actually, the laboring man has not leisure for a true integrity day by day; he cannot afford to sustain the manliest relations to men; his labor would be depreciated in the market.
He has no time to be anything but a machine.”
—Henry David Thoreau (1817–1862)