East-West Center Receives 450 Million Korean Won to Assist Korea in Developing a National Energy Security Strategy
HONOLULU (July 7) – The East-West Center (EWC) received a grant of 450 million Korean won (approximately $435,840 U.S. dollars) as part of an agreement to conduct collaborative research activities with the Korea Energy Economics Institute (KEEI), South Korea’s national think-tank on energy policy.

The joint project, “Energy Security in the North Pacific,” stems from the Korean government’s newly launched program to strengthen Korea-U.S. relations and establish a partnership on energy diplomacy.  The collaboration between the EWC and KEEI supports that goal by improving the networking and research cooperation between the two countries, assisting in the development of an Asia Pacific energy security framework, and contributing to the design of Korea’s energy security strategy.

As part of its efforts to foster greater energy policy collaboration, the EWC plans to conduct a Senior Energy Policy Seminar that would include senior government officials from the Korean Ministry of Knowledge Economy (which regulates economic policy, especially with regard to the industrial and energy sectors), the U.S. Department of Energy, and the U.S. State Department.  Additionally, KEEI intends to send a senior research fellow or senior government official to Hawai‘i to work with the EWC’s energy experts.

Lastly, the EWC agrees to organize an international research conference on energy security in the North Pacific to be held in December, which will touch on issues of energy and climate change, the emergence of global liquefied natural gas markets, and the global struggle for access to energy resources.  A comparative analysis of the national energy security strategies of the United States, China, Japan, Korea, Canada, and Russia will be a focal point of the conference, concluding with an action plan for Korea’s strategy.

For more information, please contact East-West Center’s Director of Research Nancy Davis Lewis at (808) 944-7245 or via email: [email protected] , or EWC Senior Fellow Kang Wu at 808-944-7521 or via email: [email protected] .

The EAST-WEST CENTER is an education and research organization established by the U.S. Congress in 1960 to strengthen relations and understanding among the peoples and nations of Asia, the Pacific, and the United States.  The Center contributes to a peaceful, prosperous and just Asia Pacific community by serving as a vigorous hub for cooperative research, education and dialogue on critical issues of common concern to the Asia Pacific region and the United States.  Funding for the Center comes from the U.S. government, with additional support provided by private agencies, individuals, foundations, corporations, and the governments of the region.