A Study on Central Asia Strategy for the Development of the New Northern Policy: Cooperation measures by country for Enhancing Economic Security

Today, the interdependence between nations, which has deepened based on economic efficiency, is increasingly under threat. Therefore, strengthening economic security has become essential to national survival.<br/> Growing global geopolitical crises, Russia's influence in Central Asia is generally weakening. It means that good opportunity for South Korea to expand substantive cooperation with Central Asia. South Korea should not only expand its critical minerals and energy supply network with its Central Asian partner countries, but also promote cooperation in a manner that is consistent with each country's national development strategy and industrial structure. Deepening cooperation with each country in various fields will enhance trust between governments and people. <br/> International cooperation to promote economic security is a long-term, ongoing undertaking. Therefore, it is necessary to explore multilateral economic cooperation projects linking Central Asian countries, China, Mongolia, and other countries targeted by South Korea's New Northern Policy. <br/> Based on this, South Korea's mineral and energy resources supply chain can be expanded. And a critical mineral supply and distribution network can be built jointly with Central Asian countries and the EU. <br/> This will not only enhance Korea's economic security but also lay the foundation for the development of the New Northern Policy.