In recent years, Korea and Australia have increased their economic engagement
and their investment partnership has expanded. This has paved the way for
closer business-to-business ties. Korean firms now view Australia as a reliable
partner and their successful partnerships have encouraged Australian mining
and energy companies to adopt an increasingly global outlook. Taking the
next step in strengthening Australia-Korea business and government ties
necessitates a closer examination of how they can work together within the
Indo-Pacific region in which they are both situated.
This special report, edited by
Kyle Springer, reveals Korea’s successful economic
integration with Australia’s near neighbours in Southeast Asia and also its
efforts with India. Korea’s intensified business and diplomatic activity in countries
like Vietnam and Indonesia are welcome developments for Australia. The report
also offers regional perspectives on Korean diplomatic and economic outreach,
underscoring its positive contribution to economic development.