Selected Issues in the EU-Korea Relations

Selected Issues in the EU-Korea Relations
The purpose of this book is to raise awareness of the role of the EU in Korea and promote EU-Korea relations as an exemplification of a successful collaboration. The authors in each chapter examine the evolution of the EU-Korea relations and address selected aspects of bilateral ties that, requires further attention. Chapter one examines the historical background and the origin of the EU-Korea relations and describes current status of bilateral ties. chapter two focuses on the laws on the cooperation between Korea and four Central and Eastern European countries. Chapter three analyses and compares the EU and Korea’s policies on Small and Medium Size Enterprises and Start-ups. Final chapter examines the reconciliation processes in Europe and Northeast Asia based on two dyads; Korean-Japanese and German-Polish Relations after World War II.

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The EU 「Small Business Act (SBA; Small Business Act of 2008)」

In the late 1970s, European countries began looking for ways to create jobs through SMEs in order to solve serious unemployment problems and by 1983 the foundation of the EU SME policy had already been laid. The European Commission and the European Parliament jointly announced a policy of SME promotion, which was the beginning of EU SME policy. Also,
1983 was designated as the ‘European Year of Small and Medium Sized Enterprises and Craft Industry’.
Three years later, in 1986, the ‘SME Action Programme’ was adopted by the board of directors, which became a trigger to create an opportunity to shift public perception of SMEs. It was a plan to create a desirable environment for SMEs and help make them competitive in the global economy. At that time, Europe felt a great sense of crisis because it maintained high unemployment and low economic growth rates when compared with world powers such as the US and Japan. To overcome this,
the SME Task Force, an organization to promote SMEs, was established
along with the SME Action Program.
However, despite these efforts, Europe continued to experience low growth and high unemployment into the 1990s. ere was an emerging opinion among the EU member countries that it was necessary to actively support and foster SMEs in order to reduce unemployment and promote economic growth. As a solution to this, the European Commission prepared SME policies by promoting the Integrated Program in favour of SMEs and Craft Sector.

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Year 2018 marked 55 anniversary of the establishment of the diplomatic relations between the European Union (EU) and Korea. Over that time, both of the partners have become major global actors and they have intensified wide-ranging cooperation to meet the common challenges. Despite the geographical distance, the bilateral relations between current 28 EU Member States and Korea have f lourished in every dimension; the EU is Korea’s 3rd largest and Korea is the EU’s 8th largest trading partner with annual trade in goods, with their overall trade volume reaching EUR 100 billion.
Today Korea is one of the EU’s ten strategic partners, with bonds built on agreements from economics, politics, security cooperation, collaboration in areas of science, technology and culture. As the division remains within Korean Peninsula, the EU strives to play more significant role by furthering its relations with North Korea in shaping the future of regional integration in Northeast Asia.
The purpose of this book is to raise awareness of the role of the EU in Korea and promote EU-Korea relations as an exemplication of a successful collaboration. e authors in each chapter of this book examine the evolution of the EU-Korea relations and address selected aspects of bilateral ties that, requires further attention.
Chapter one examines the historical background and the origin of the EU-Korea relations and describes current status of bilateral ties in the eld of economics, politics, culture as well as science and technology perspectives. Chapter two focuses on the laws on the cooperation between Korea and four Central and Eastern European countries where the Visegrád Group originated from. Chapter three analyses and compares the EU and Korea’s policies on Small and Medium Size Enterprises and Start-ups. Final chapter examines the reconciliation processes in Europe and Northeast Asia based on two dyads; Korean-Japanese and German-Polish Relations aer World War II.
Four authors of this book represent profound level of expertise in the EU and the Korean Peninsula. What makes them exceptional is that Korean authors completed their education in Europe and the European authors did so in Korea. is background has greatly contributed in making their perspectives uniquely insightful. The hope is this book will contribute to a deeper understanding of each partners and expand the areas of the cooperation.
The Authors