Toward Better Cooperation with Indonesia under the New Southern Policy Plus

Abstract

Last year the Republic of Korea (ROK) announced the “NSP Plus” – an upgrade version of the New Southern Policy (NSP) – to better respond to newly unfolding changes in the international environment. These include, for example: i) increased demands for health care cooperation and new cooperation methods in response to COVID-19, ii) reorganization of the global supply chain due to the suspension of goods flow and labor movements, iii) promotion of the transition to a digital economy through higher utilization of 5G and AI technologies, and reduction of the digital gap, and iv) the growing demands for both sustainable growth and improvement of quality of life in the NSP region.