Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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A Study on the Development of Economic Cooperation between Korea and Russia : Focusing on Major Industries and Promotion of EAEU-FTA

한국과 러시아간 경협 발전에 관한 연구 : 주요 산업들과 EAEU-FTA 추진을 중심으로

  • Jon Mo Yoon (College of Liberal Arts Dankook University)
  • Received : 2021.09.16
  • Accepted : 2021.10.26
  • Published : 2021.10.30
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Abstract

The government of Vladimir Putin, which has been ruling Russia for a long period since 2000, has recently strived for the balanced development of underdeveloped regions and sustainable economic growth. Therefore, along with energy development in the Far East and Siberian regions, the government is promoting development projects on logistics and distribution infrastructure. It is also expanding the construction of innovative districts to develop cutting-edge technologies in the outskirts of Moscow. Amid these moves, South Korea is pushing for the New Northern Policy aimed at widening economic cooperation with European and North Asian countries to expand the scope and influence of the country's trade market. The previous year of 2020, marked the 30th anniversary of establishment of diplomatic relations between South Korea and Russia. In this context, this study was initiated to propose various measures for promoting economic cooperation and expanding trade between South Korea and Russia. Therefore, this study examined Russia's political and economic environment and explored its major industrial environment with a focus on the energy industry, innovative districts and infra facility. The study also examined the progress of a FTA between the Eurasian Economic Union, in which Russia currently takes the lead, and South Korea and recommended several measures to upgrade and accelerate economic cooperation between the two countries through research on a range of topics.

Keywords

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