Annual Peace Forum opens amid N. Korea’s fringe, US-China hegemony competition
Annual Peace Forum opens amid N. Korea’s fringe, US-China hegemony competition

Annual Peace Forum opens amid N. Korea’s fringe, US-China hegemony competition

SEOUL, June 24 (Yonhap) – Senior officials and national security experts will attend an annual peace forum in Seoul to explore ways to address the many challenges facing the Korean Peninsula amid a rapidly changing global security environment from Russia’s invasion of Ukraine and a growing rivalry between the United States and China, organizers said Friday.

The symposium, hosted by the Yonhap News Agency and the Ministry of Collection, opens at the Lotte Hotel later in the day under the main theme “US-China-Russia Competition for Hegemony in President Yoon Suk-yeol Era.”

Union Minister Kwon Young-se, who serves as Seoul’s top man in Pyongyang, is scheduled to deliver a keynote address.

The forum comes a month after the launch of the conservative Yoon administration, with regional tensions rising due to North Korea’s continued saber-rattling highlighted by a series of ballistic missile launches and reports of preparations for a nuclear test.

It consists of two comprehensive sessions. In the first session entitled “Tensions in the Indo-Pacific Region and the Future of the Korean Peninsula”, participants will share their views on the escalating US-China competition for hegemony in the Indo-Pacific region.

The Korean American rep. Young Kim (R-CA) and Daniel Russel, Vice President of International Security and Diplomacy at the Asia Society Policy Institute, will deliver presentations on the changing geopolitical dynamics of the region. Russel worked as Assistant Secretary of State for East Asian and Pacific Affairs from 2013-2017.

Rep. Sung Il-jong from South Korea’s ruling People Power Party and rep. Hong Ihk-pyo from the main opposition Democratic Party will also attend the first session.

The second session will form the basis for discussions on the Yoon administration’s strategies for inter-Korean relations and the Seoul-Washington alliance, and how to bring the Nordic region back to the negotiating table.

Ahn Ho-young, former South Korean ambassador to the United States, will give a presentation on the alliance’s 70-year history and future. Former Russian ambassador Wi Sung-lac, who served as Seoul’s chief nuclear envoy, plans to analyze the South’s new political direction, which was revealed at the Seoul summit between Yoon and his US counterpart Joe Biden last month.

Other participants will include Kim Hyung-suk, former deputy union minister, and Jung Sung-chun, vice president of the Korea Institute for International Economic Policy (KIEP).

Seong Ghi-hong, CEO and president of the Yonhap News Agency, expressed hope that the forum will provide an opportunity to “tackle the challenges we face and gain the wisdom to build the future fate of the Korean Peninsula.”

“It is time to thoroughly assess the security and economic consequences of the ever-changing security situations on the Korean Peninsula and the international community,” he said.

This year’s forum will be attended by Prime Minister Han Duck-soo as well as other political and business figures. It will be livestreamed at https://www.onekorea2022.co.kr.

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