South Korea key for Europe to manage fallout from China-U.S. rivalry, report says

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South Korea key for Europe to manage fallout from China-U.S. rivalry, report says
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Closer ties between the European Union and South Korea under President-elect Yoon Suk-yeol are imperative for managing China's rising power and the increasing rivalry between Beijing and Washington, former ambassadors and officials said.

The crisis in Ukraine and the need to counter "Moscow’s direct threat to the rules-based international order" further make EU-South Korea cooperation important, the former officials said in a report to be released on Tuesday by the Brussels School of Governance.

South Korea-Europe cooperation has traditionally taken a back seat to both sides' alliances with the United States. The two sides should establish bilateral councils and diplomatic hotlines, and cooperate on issues such as North Korea's denuclearisation, the report said.

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