Overview of ASEAN-Korea Relations


  • 24th ASEAN-Republic of Korea Summit (Jakarta, Indonesia)


  • Announcement of Korea-ASEAN Solidarity Initiative (KASI)


  • Opening of the Jeju ASEAN Hall


  • 3rd ASEAN-ROK Commemorative Summit and 1st Mekong-ROK Summit (Busan)


  • Conclusion of Regional Comprehensive Economic Partnership (RCEP)


  • Mekong-ROK Exchange Year


  • Announcement of ROK’s New Southern Policy
  • Opening of the ASEAN Culture House (Busan)


  • 2nd ASEAN-ROK Commemorative Summit (Busan)


  • Establishment of the ROK Mission to ASEAN


  • Inauguration of the ASEAN-Korea Centre


  • 1st ASEAN-ROK Commemorative Summit (Jeju)
  • Conclusion of ASEAN-ROK Investment Agreement


  • Joint Declaration on ASEAN-ROK Strategic Partnership for Peace and Prosperity


  • Conclusion of ASEAN-Korea Trade in Services Agreement


  • Conclusion of ASEAN-Korea Trade in Goods Agreement


  • Joint Declaration on Comprehensive Cooperation Partnership between ASEAN and the ROK


  • Establishment of Sectoral Dialogue Partnership


  • Establishment of Full Dialogue Partnership


  • 1st ASEAN+3 Summit and 1st ASEAN-ROK Summit
  • Korea has diplomatic relations with all 10 ASEAN Member States ※ North Korea also has diplomatic relations with 10 AMS
  • ASEAN and Korea enjoy active high-level exchanges through bilateral visits and multilateral meetings at summit and ministerial levels.
  • Trade: USD 207.46 billion (export USD 12.49 billion, import USD 82.53 billion)
    * ASEAN is Korea’s second largest trading partner
  • Investment: USD 10.81 billion
    * ASEAN is Korea’s second largest investment destination
  • Construction: USD 0.27 billion
    * ASEAN is Korea’s largest construction market
  • People-to-people exchanges: 20.62 million reciprocal visits in 2022
    - Korea → ASEAN: 0.98 million (ASEAN is the most popular travel destination for Koreans)
    - ASEAN → Korea : 1.07 million
  • Sources: Trade (Korea International Trade Association), Investment (Export-Import Bank of Korea), Construction (International Construction Association of Korea), Visitors (Korea Tourism Organization)
  • Since establishing dialogue partnership in 1989, ASEAN and Korea have maintained a close and comprehensive partnership. Today, the two have become key partners in various areas.
    - The Free Trade Agreements (Goods, Services, Investment) were completed between the two in 2009, and in 2010 the partnership was elevated to a strategic partnership. Today, the two regions enjoy a vibrant exchange of its peoples.
    * ASEAN is Korea’s second largest trading partner, the largest construction market, the second largest investment destination. For ASEAN, Korea is the region’s fifth largest trading partner. As such, the two regions have developed into indispensable economic partners to each other.
  • Korea opened the ASEAN Culture House on September 1, 2017 in Busan to promote ASEAN culture and art to the Korean public, which was the first such attempt among ASEAN’s dialogue partners.
  • In November 2017, Korea declared the New Southern Policy, giving priority to ASEAN relations in Korea’s foreign policy. On the same year, Korea announced the Vision for a Future Community of ASEAN and Korea.
  • In November 2019, Korea hosted the ASEAN-ROK Commemorative Summit on the occasion of the 30th anniversary of dialogue relations giving added momentum to the realization of the ASEAN-Korea Community of peace and prosperity centered on its peoples.
  • In November 2020, Korea declared the 'New Southern Policy Plus' strategy and implemented outcome projects under seven initiatives
  • In November 2022, Korea declared the Korea-ASEAN Solidarity Initiative (KASI) and established a detailed implementation plan including eight priority tasks in April 2023
  • In September 2023, the ASEAN-ROK Joint Statement on ASEAN Perspectives on the Indo-Pacific (AOIP) Cooperation was adopted.
  • In 2024, the ASEAN-ROK Strategic Partnership will be upgraded to a Comprehensive Strategic Partnership (CSP) to commemorate the 35th anniversary of the ASEAN-ROK Dialogue Relations.
  • A total of USD 95 million have been contributed to the AKCF from 1990 to 2018.
    - The annual contribution has doubled from USD 7million to USD 14 million since 2019
  • AKCF is used to fund projects agreed by ASEAN on Korea in areas of development, technology transfer, human resources development, culture and academic exchanges.
  • The ASEAN-Korea Program Management Team was established in Jakarta in December 2016 for the overall management of the AKCF and its programs.

ASEAN-Korea Dialogue Mechanisms

ASEAN-ROK Foreign Ministers’ Meeting

  • Since 1979 ASEAN held the Post Ministerial Conference with its 10 dialogue partners
  • The ASEAN-ROK Foreign Ministers’ Meeting is held every year during the PMC 10+1 session of the annual ASEAN Ministerial Meeting held around July~August.

ASEAN Economic Ministers (AEM)-ROK Consultations

  • ASEAN and Korea agreed at the 7th ASEAN+3 Summit in October 2003 to hold the AEM-ROK Consultations on the sidelines of the annual ASEAN+3 Economic Ministers’ Meeting from 2004.
  • The agenda of the meeting cover economic issues ranging from ASEAN-Korea FTA and regional FTAs such as RCEP.

ASEAN-ROK Dialogue

  • High-level meetings on health with ASEAN since 2019 to discuss agreements and proposals for cooperation projects, including the establishment of the ASEAN-ROK Health Dialogue Channel, with the first meeting held in May 2022
  • Discussed ways for ASEAN and Korea to cooperate to ensure universal health coverage (UHC) and health security in the ASEAN region

ASEAN-ROK Dialogue

  • The ASEAN-ROK Dialogue is a SOM-level meeting held annually to review ASEAN-ROK cooperation in political-security, economic and socio-cultural areas and discuss ways to further enhance the partnership.
  • The SOM leaders also exchange views on regional issues including situation on the Korean Peninsula.

Joint Cooperation Committee (JCC)

  • Held in the first half of every year at the ASEAN Secretariat, the Joint Cooperation Committee discusses implementation of various ASEAN-Korea cooperation programs in areas ranging from security, economy, culture, environment and education
  • JCC Working Group : Working Group meetings are held in preparation for the JCC meetings and reviews the status of various programs and activities that are funded by the AKCF
  • Source: Ministry of Foreign Affairs, Republic of Korea (https://www.mofa.go.kr), ASEAN Secretariat (https://www.asean.org)