I wrote a quick piece for Newsweek Korea this week on Vladimir Putin’s trip to South Korea. Find the Korean web version here. Below is the translation.
In brief, I argue that a relationship with Russia is good for South Korea. Because SK is both relatively small and encircled, its foreign policy is dominated by just a few states. The problem is that SK can’t/won’t reach out to NK or Japan, so it is basically stuck between the US and China. So pulling in the Russians is a nice way to get SK some room to maneuver in its tight neighborhood. That is sure to annoy the Americans, but if you’re a S Korean, it’s a wise choice. That is the real value of the trip for SK, while for Russia, it bolsters its fading Asian relevance. Also, while I think President Park has really blown it over Japan, this was a smart choice against the Chinese and the Americans – maybe the best thing she’s done on foreign policy yet.
If it seems like I’m emphasizing geopolitics over economics, that’s because I don’t buy this ‘New Silk Road’ bit – where SK and Russian traffic would move through a guaranteed rail/road corridor in NK – for one minute. Does anyone really believe NK will respect transit rights, giving up lucrative shake-down opportunities on the movement of fuel, goods, tourists, and so on? No way. Look at how Pyongyang uses Kaesong for whatever blackmail/hostage-taking purposes it has in mind. NK is a such a black hole for international norms, that SK and Russia might as well connect by a ‘chunnel’ before relying on NK respect for transit rights.
Thank you for waiting out my summer break. I need summers to get some writing done, but inevitably I didn’t get nearly what I needed to wrapped up. Should you ever hear that argument that college professors slack, because we only teach 2/2 or 3/3, you ought to try writing for these journals. Just read