This roundtable delved into South Korea’s experience in addressing economic security challenges and how these insights can inform the EU and Spain’s economic security strategies. In recent years, the EU has made significant progress in designing and implementing its economic security strategy. Similarly, Spain’s industrial and digital policy initiatives demonstrate the country’s efforts to enhance its economic resilience and security amid rising geopolitical risks. As Europe crafts its response to these challenges, South Korea’s extensive experience in developing and implementing economic security strategies can provide valuable inspiration.

The event featured insights from Korean and European experts, government officials, and private sector representatives. They will assess South Korea’s approaches to economic coercion and technology security, aiming to extract relevant lessons and propose potential avenues for increased cooperation between Europe and South Korea in these critical areas.

Live stream of the roundtable ‘Korea’s economic security pathway: takeaways and opportunities for Europe’.

Hashtag: #KoreaEcSec

10:00 – Welcome

  • Mario Esteban, Senior Analyst, Elcano Royal Institute | @wizma9
  • Bahk Sahnghoon, Ambassador of the Republic of Korea in Spain

10:15 – Keynote speech. Revitalizing the multilateral trading system and ensuring supply chain connectivity in times of crisis: the Korean experience

10:30 – Panel 1. Technological innovation and economic security in the context of worsening geopolitical tensions

  • Salvador Álvarez Pascual, Strategy Director, Grupo Oesía | @grupo_oesia
  • Raquel Jorge Ricart, Analyst, Elcano Royal Institute | @RaquelJorgeR
  • Damián Tuset, Head of Section at the General Technical Secretariat, Spanish Ministry of Foreign Affairs, European Union and Cooperation
  • Wonho Yeon, Research Fellow and Head of the Economic Security Team, Korea Institute for International Economic Policy (KIEP)
  • Moderated by Félix Arteaga, Senior Analyst, Elcano Royal Institute

12:30 – Panel 2. Korea’s experiences facing economic coercion: lessons for Spain and Europe

  • François Chimits, Analyst, Mercator Institute for China Studies (MERICS) | @ChimitsF
  • Kim Yang-hee, Associate Professor, Division of Economics and Finance, Daegu University
  • Miguel Otero, Senior Analyst, Elcano Royal Institute | @miotei
  • Ramón Pacheco Pardo, KF-VUB Korea Chair at the Centre for Security, Diplomacy and Strategy (CSDS) of the Brussels School of Governance (BSoG-VUB) | @rpachecopardo
  • Moderated by Mario Esteban, Senior Analyst, Elcano Royal Institute | @wizma9

Image: Flags of the European Union and South Korea. Photo: atakan – istock / Getty Images.