---

---

● Korea’s Leverage, Russia Turns to US.

Russia’s Warning and the Future Blueprint of South Korea’s Economic Strategy

Russia’s Warning and South Korea’s Line

Russia warned that providing lethal weapons would lead to a catastrophe.
South Korea does not provide lethal weapons to Ukraine.
This choice ultimately resulted in South Korea maintaining its “line.”
Russia is expected to seek assistance from South Korea after the war ends.
As President Putin has promised the people a “Great Russia,” he will face complex reconstruction issues after winning the war.

Russia’s Reconstruction and Economic Difficulties After the War

During the war, Russia endured enormous war expenses and loss of life.
Financial burdens such as deaths, injuries, and war reparations are significant, and soldiers’ salaries and weapon production costs are not reproductive costs.
Due to this, even if Russia’s economy has a GDP growth rate of 3-4%, there are structural problems such as inflation and industrial stagnation.
In particular, its own construction and industrial base is weak, making external capital essential for reconstruction.

Eastern Policy and South Korea’s Strategic Opportunity

Putin is expected to turn to the East instead of the West after the war.
While India is unreliable and China becomes burdensome, South Korea possesses the best capabilities in construction design, construction, and supervision.
Russia secures war expenses with revenue from selling abundant natural resources, but it will need South Korea’s cooperation for reconstruction and industrial development.
In this process, South Korea’s economic growth, trade strategy, defense industry, and reconstruction capabilities are expected to play an important role.

International Political Economy and South Korea’s Opportunity

Russia and South Korea are maintaining friendly relations while respecting each other’s red lines.
South Korea has refrained from providing lethal weapons in its support for Ukraine, not crossing the red line, and Russia has also refrained from providing sensitive military technology support related to North Korea.
This balanced approach provides South Korea with opportunities for reconstruction cooperation and future economic growth.
Furthermore, South Korea’s role is expected to grow increasingly in the midst of changes in the political landscape between the U.S. and China and changes in the global economic environment such as defense budget adjustments within the U.S.

International Stage Heading to the U.S., Europe, and the East

President Trump’s defense budget reduction policies and NATO’s reorganization movement are causing major repercussions in economic and military policies both inside and outside the U.S.
European countries may increase their defense spending in response to the U.S.’s demand for burden reduction, but there are limitations to fundamental structural changes.
Russia is also pursuing an Eastern policy, feeling uneasy about its relations with India and China, and will seek cooperation with technology powerhouses like South Korea.
As such, the global economy, economic growth, trade strategy, defense industry, and reconstruction capabilities are expected to emerge as key keywords in the future international political and economic order.

Summary

Despite Russia’s warning about lethal weapon support, South Korea maintained its line and is expected to turn to the East for reconstruction after the war.
Russia, which is experiencing difficulties such as enormous war expenses and industrial stagnation during the war, will desperately need South Korea’s construction and design capabilities during reconstruction.
Amid Putin’s Eastern policy and changes in the U.S. and Europe, the global economy, economic growth, trade strategy, defense industry, and reconstruction capabilities are emerging as central issues.
South Korea’s friendly foreign policy and balanced military support are expected to be strategic opportunities in the future.

[Related Articles…]

• Russia Economic Reconstruction Challenge, Korea’s Role
• Global Economic Growth and Korea’s Trade Strategy

*YouTube Source: [머니인사이드]

– “한국은 슈퍼 갑” 러시아가 미국 손잡고 한국부터 찾는 이유 (조한범 박사 2부)