by Patricia C. Gloriani
Given its re-balanced diplomatic relations with major global powers, the
Philippines, along with other middle powers in the region, has a critical role in
re-establishing, or moreover, strengthening and diversifying political and economic
relations. Knowing that ASEAN plays a vital role in maintaining peace and order within
political and economic relations, Philippines has been able to perceive stronger
relations despite of the arbitrary and dispute issues. South Korea and Philippines had
been strengthening its relations since the establishment of agreements in ASEAN. This
paper will evaluate how Philippines and South Korea perceives insights of growing and
strengthening bilateral relations through ASEAN Summit over the years.
In 2012, the Korean government built up the Mission of the Republic of Korea
(ROK) to the Association of Southeast Asian Nations (ASEAN) in Jakarta, where the
ASEAN Secretariat is found. The Mission was set up to additionally reinforce the helpful
association amongst Korea and ASEAN, making it the fourth country to open an official
mission to ASEAN after the U.S., Japan, and China. Moreover, in 2015, the 25th year of
relations between ASEAN and South Korea was highlighted by the summit in Busan,
South Korea With the theme Building Trust, Bringing Happiness, ASEAN leaders met
with South Korean President Park Geun-hye and issued a joint statement promoting
increased political, economic, and socio-cultural cooperation. This established stronger
relations among member states.
The policy direction taken by each member states was all planned based on the
national interest; which means on how they will benefit. This has prompted conflict
between nations in ASEAN. Because of various political, economic and sociocultural
frameworks of the ten individuals, there are examples when the part states go up
against changing and clashing positions on issues. Given this circumstance, the
Philippines needs to keep up a delicate yet diplomatic stance in its relations with other
states, to push forward its enthusiasm, specifically in sensitive issues like human rights,
democracy, economic and trading issues, territorial and maritime issues, plus other
complicated relationship problems.
According to 2017 ASEAN Chair Philippine Rodrigo Duterte, the latest statistics
perceives a robust ties between South Korea and Philippines. Thus, on November 13
2017, South Korea is determined to bring its ties with the Association of Southeast
Asian Nations to new heights to be able to promote its national interest. This may
indicate as a good opportunity for Philippines to build stronger relations with South
Korea through ASEAN.
B. Methodology
The paper will utilize an historical development method; perceiving the it will be
more of a qualitative research. To support and answer the objectives, facts from the
establishment of ASEAN are considered to trace relations among involved member
states in the paper. Moreover, ASEAN Summits over the years are the stepping stones
to strengthen and reveal how Philippines and South Korea develop and strengthen their
relations through bilateral agreements and of course, with ASEAN.
LOCAL
The paper notes that growth prospects are generally positive for both the
Philippines and South Korea, with price stability expected to support economic growth.
The main policy challenge for the Philippines is to make its growth more inclusive, both
sectorally and geographically. Working closely with South Korea in the areas of
infrastructure, foreign direct investment, tourism, official development assistance, and
industrial policy could help the Philippines make structural changes in its economy that
will help spread the benefits of growth more widely.
This may help in expounding points to be able to prove or answer the questions
of the paper since the paper focus on how Philippines may contribute and cooperate
with South Korea-Asean relations that will benefit all involved states throughout the
years as mentioned or depicted on the plans of ASEAN.
This essay denotes the way Philippines construct its approach in order to thrive
successful relations with South Korea in ASEAN perspective. Historically speaking,
South Korea perceives an unstable relations with Philippines. However, when ASEAN
was established, both countries was able to build a relation. Working with ASEAN,
Philippines and South Korea continues to foster economic and social relations as both
countries strives for development.
In the paper, the essay may set a track timeline to trace whether or not
Philippines and South Korea are benefiting in ASEAN. This also may help to see the
implications of Philippines regarding the ASEAN-ROK relations that brought growth
economically and socially to the country.
FOREIGN
ASEAN Studies Program, (2016), ASEAN South Korea Economic Relations: The
Way Forward
The article takes in consideration the collective efforts from both ASEAN and
South Korea that required a specific end goal to develop financial participation.
Pioneers should work firmly together to guarantee that the AKFTA can be completely
used by the two sides. With a specific end goal to enhance its use, private segment and
MSMEs must know about the advantages from the current exchange and venture
cooperation. Having said that, the duty of giving data about the FTA ought not be the
administration's separated from everyone else but rather likewise different partners, for
example, scholastics and business affiliations.
In a way, the article derives a path for the paper to develop a track line on how
South Korea was developed when it became part of the ASEAN. This can help in
refining the paper on how it also developed it relations with Philippines through ASEAN
perspective.
Among ASEAN states, South Korea's exchange volume with the Philippines
remains bleakly low. Starting at 2012, the nation positions sixth in reciprocal exchange
at US$770 million contrasted with Indonesia's US$29.631 million and Malaysia's
US$2.294 million. Starting at 2013, Philippine fares to South Korea achieved US$3.4
billion while Philippine imports from South Korea added up to US$4.82 billion. From this
information, a trade surplus favoring South Korea exists. This has been seen with the
different issues encompassing the climate in the Philippines; issues on the uses of
natural resources of the nation; and low-value of the local products/industries. Philippine
financial diplomacy could enhance more Korean investments; however, these must be
cleared with strong foundation and enhanced investment grounds in the nation.
In the field of tourism, the country has far to go in the event that it needs to be
keeping pace with its neighbors, in spite of the fact that the Philippines is right now
experiencing framework improvement and restoration. Among ASEAN nations, the
Philippines has the second most astounding vacationer landings from South Korea
next just to Thailand with 1,165,789 voyagers in 2013.
In 2014, the Philippines positioned 52nd among 144 economies in the Global
Competitiveness Index. Philippines climbed up from 59th from 148 countries last 2013.
Although Philippines showed great development from this statistics, there is still a lot of
red tapes showed to begin a business.
Given South Korea's solid enthusiasm for the district, the Philippines should
exploit this open door. South Korea is dynamic in offering help for ventures in ASEAN.
This is seen through the foundation of the ASEAN-ROK Special Cooperation Fund
(SCF) and the ASEAN-ROK Future Oriented Cooperation Fund (FOCP). Figures on the
Regional Development Assistance from South Korea add up to US$59 billion. The
tremendous sum offered by South Korea for advancement programs remain
underutilized by ASEAN nations. Philippine Permanent agent to ASEAN Amb. Elizabeth
P. Buensuceso additionally expressed that most tasks are South Korea-started and
there is a need to synergize ASEAN and South Korean needs.
______________________________________________________________________
_
ASEAN, (2017) Overview of ASEAN-Republic of Korea Dialogue Relations
ASEAN Briefing, (2017), Bilateral Investment Treaty between Korea and Philippines
Finished undertakings under the SCF and the FOCP are for the most part trade projects
and learning exchange programs.
The Philippines can exploit the assets accessible by proposing ventures that are
in accordance with tourism and framework advancement, two key regions where South
Korea has relative advantage.With the up and coming ASEAN coordination, ASEAN
nations are scrambling to enhance their foundation and components keeping in mind
the end goal to oblige the progressions that will happen in the district.
The ASEAN-ROK ties have grown over the past 28 years with our dialogue
relations elevated to the strategic partners for peace and prosperity, Duterte stated,
taking note of that exchange and speculation and socio-social participation amongst
ASEAN and South Korea keep on growing.
V. Summary
The Philippines remains a solid and establishing individual from the ASEAN
gathering, in any case, the many contrasting political contrasts do make issues inside
the association. No doubt exchanging relations will turn into the most essential part of
ASEAN and the Philippines relationship.
The gathering has come with economic integration, signing six free-trade
agreements with other regional economies However, different analysts say that
ASEAN's effect is constrained by an absence of vision, unclear interests and unstable
administration. ASEAN's greatest test is arranging a bound together way to deal with
China, especially because of its across the board sea asserts in the South China Sea.
Another vital viewpoint is the United States still considers ASEAN to be crucial to the
achievement of its key rebalance and vital relationship, both politically and financially
with Asia. In like manner, other exchanging gatherings and countries, the EU, Russia,
Australia, Japan and so on, additionally see ASEAN as basic in keeping up the
exchanging quality of the individual part conditions of ASEAN.
VI. References