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Subject: SNET: Address by: President Kim Dae-jung, President of Korea
Date: 29 Jul 1998 19:02:41 -0400
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"establishing a new order..."


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                HOME RESEARCH PUBLICATIONSFELLOWS WHAT'S NEW

                                   [Image]

               Text as Prepared for Delivery

                      Address by President Kim Dae-jung
                           at a Luncheon Given by
                     the Korea Society, the Asia Society
                    and the Council on Foreign Relations

                           New Challenges for the
                    Korean Peninsula and Northeast Asia:
                  The Role of the Republic of Korea and the
                                United States

                                June 8, 1998
                           David Rockefeller Room
                      The Council on Foreign Relations
                                  New York

               "Is Culture Destiny: The Myth of Asia's
               Anit-Democratic Values," by Kim Dae-jung
               (Foreign Affairs, November/December 1994)

               ----------------------------------------------

               Chairmen Greenberg, Gregg, and Peterson,
               distinguished guests,

               Words cannot describe my emotion as I stand
               here today.

               In the past, I spoke to you as the leader of
               the opposition party. On those occasions, I
               repeatedly pointed out that the Republic of
               Korea would be able to reform its domestic
               politics and confront North Korea with
               confidence only if it renounced authoritarian
               rule and embraced democracy.

               You gave me full support on this, and now, I
               stand here before you as the president of the
               first genuinely democratic government since
               the founding of the Republic 50 years ago. As
               I look at this audience, I see many familiar
               faces and good friends who have been unfailing
               in their support of me throughout the years.
               Thank you for your support. My success is your
               success.

               I have no doubt that my state visit to the
               United States will be a great triumph because
               of your active and distinguished support.

               Ladies and gentlemen,

               I want to talk to you today about new
               challenges for the Korean Peninsula and
               Northeast Asia and the role of the Republic of
               Korea and the United States.

               On the threshold of the 21st century,
               Northeast Asia promises to be the most
               exciting place in the world. And the Republic
               of Korea is right in the center of things.
               Since the end of the Cold War, Northeast Asia
               has faced various challenges as it has sought
               a new international order of peace and
               stability.

               If Northeast Asia can overcome these
               challenges now, I believe the region will be
               able to play a leading role in the next
               century. The vast well-educated populations,
               high levels of technical skill, great economic
               potential, and similarities in cultural
               backgrounds all combine to make the region's
               prospects bright.

               On the other hand, there are a lot of
               challenges to overcome in establishing a new
               order in the midst of the many changes taking
               place in the region.

               Currently, East Asian countries are faced with
               a severe financial turmoil. Japan, as the
               second largest economic power in the world and
               the largest economic presence in the region,
               should lead the efforts to help Asian
               countries to overcome the present crisis as
               soon as possible. Japan should also pay heed
               to interests and concerns of some countries in
               the region over the U.S.-Japan defense
               cooperation. While I hope that the defense
               cooperation between the U.S. and Japan will
               contribute to strengthening peace and
               stability in Northeast Asia, including the
               Korean Peninsula, I think it is necessary for
               Japan to maintain transparency in implementing
               defense cooperation with the United States.

               China is making steady efforts to assume a
               greater role in the region as a political
               power and as a potential economic power. In
               fact, Asian nations expect China will play an
               important part in maintaining peace and
               prosperity in the region.

               Russia is also searching for a new role for
               itself in the new order, and it is trying to
               improve relations with its Asian neighbors,
               including Japan and China. We hope that
               Russia, with its enormous potential, will pull
               itself together again and contribute to peace
               and economic development in the region.

               The United States, although it is not a part
               of Northeast Asia, perhaps plays a more
               important role than any other country in the
               region. It does so in almost every respect,
               politically, economically, and militarily. It
               is a close ally of Korea and Japan and
               therefore maintains bilateral security
               agreements with both. It will also have an
               opportunity to establish a new strategic
               partnership with China when President Clinton
               visits this month. As this illustrates, U.S.
               national interests in Northeast Asia are vast
               and varied. The United States has much at
               stake in maintaining peace and stability in
               the region.

               Ladies and gentlemen,

               Few nations in Northeast Asia maintain closer
               relations with the United States than the
               Republic of Korea. It was some 116 years ago
               that Korea and the United States established
               official relations. Since then, the two
               countries have maintained close, friendly
               relations.

               Korea is unique in that it has never in its
               history waged a war against any nation in the
               West and has never been colonized by a Western
               country. The United States liberated Korea
               from Japanese imperialism and defended it from
               North Korean Communist aggression. U.S.
               assistance played a central role in our
               efforts to rebuild the economy from the ruins
               of the Korean War. U.S. help has also been
               crucial to us in overcoming the economic
               crisis that began late last year. We are
               deeply grateful.

               In return, the Republic of Korea has also done
               its best as friend of the United States.
               Economically, it has not hesitated to help the
               United States in its times of need. In the
               1980s when the United States was suffering
               enormous trade deficits, Korea dispatched
               several purchase missions to the U.S. and
               bought billions of dollars' worth of American
               goods. In 1996, Korea imported American goods
               actively, to the extent that it incurred a
               deficit of 11.6 billion US dollars with the
               United States out of a total trade deficit of
               20.5 billion dollars.

               Moreover, several Korean companies have
               invested more than I billion dollars each in
               the United States. During the time of my
               current visit, Korean Air plans to purchase 2
               billion dollars worth of aircraft, despite our
               foreign exchange crisis.

               Korea is neither a superpower nor a rich
               country. However, Korea has worked more
               closely with the U.S. than virtually any
               nation in the world in many areas, including
               political, military and economic issues. This
               is, of course, in our own national interests
               as a friendly relationship with the Republic
               of Korea is in America's national interests.

               Now that Korea is suffering economic
               difficulties, I hope America will continue to
               actively provide us with assistance and
               investment. I am visiting the United States to
               convey our firm commitment to honor such
               assistance when our economy recovers.

               Ladies and gentlemen,

               As I mentioned already, Northeast Asia is very
               important to the national interests of the
               United States. It also needs the United States
               to maintain peace and stability and promote
               prosperity. In this respect, the continued
               presence of the U.S. troops currently
               stationed in Northeast Asia is absolutely
               necessary, just as U.S. troops are necessary
               for stability and peace in Europe, even in
               these post-Cold War years.

               Ladies and gentlemen,

               The key to Northeast Asian peace and
               prosperity at this particular stage is
               settlement of peace on the Korean Peninsula.

               Unfortunately, the Korean Peninsula, the last
               hot spot of the Cold War era, still faces the
               potential threat of armed conflict. In order
               to deter any provocation and nurture enduring
               peace, a solid military alliance between Korea
               and the United States should be maintained and
               further reinforced.

               Close cooperation between our two countries
               for peace is more important now than ever
               before for several reasons:

               First, broader understanding and cooperation
               are needed between the Republic and the United
               States in the project of building light-water
               nuclear reactors in North Korea. I want to
               make it clear again that Korea will take a
               central role in that project as promised. But
               at the same time, I feel it is incumbent upon
               the United States to consider Korea's current
               economic situation in approaching this matter.

               Second, we should be careful not to isolate
               North Korea from the international community.
               So in principle, I do not oppose the U.S.
               efforts to expand the scope of its relations
               with North Korea. However, I believe that we
               need to exercise caution so as to avoid the
               possibility of North Korea perceiving a gap in
               the positions between the Republic and the
               United States and using it to its advantage.
               That possibility alone is reason enough for
               our two countries to coordinate policies with
               each other ever more closely.

               Only when cooperation is maintained, will
               smooth dialogue between Seoul and Pyongyang be
               possible.

               Third, issues involving economic and other
               forms of interaction between the South and the
               North should be initiated and duly observed by
               the two parties concerned. Structuring a
               permanent peace regime on the Peninsula, in
               turn, will have to be negotiated in the Four
               Party Talks. On these two principles, the
               United States has already expressed support
               for my government's position, and I appreciate
               that.

               Ladies and gentlemen,

               We cannot emphasize enough the need to embrace
               North Korea as a member of the international
               community while maintaining a solid security
               agreement between the Republic and the United
               States. In this regard, I'd like to reiterate
               the three fundamental principles of my
               administration's policies toward North Korea
               that I outlined at the time of my inauguration
               in February.

               First, we will not tolerate any military
               threat or armed provocation. This principle is
               based on my belief that any provocative action
               is certain to have extremely serious
               consequences for both the South and the North
               and would threaten the stability and security
               of Northeast Asia at large.

               Second, we will not seek to undermine North
               Korea--or unify the divided land by absorbing
               it. We all know the political, economic and
               psychological difficulties that both West and
               East Germans suffered after West Germany
               absorbed the East. I cannot even imagine what
               kind of difficulties we might experience, if
               we tried to undermine North Korea and annex
               it. I declare, once and for all, we have no
               intention whatsoever of absorbing North Korea.

               Third, we will pursue genuine interaction and
               reconciliation with the North. Our economic
               interaction and cooperation will be based on
               the Agreement on Reconciliation,
               Nonaggression, and Exchanges and Cooperation
               between the South and the North adopted in
               1991. In accordance with this new guideline,
               the new Korean government is now pursuing a
               policy of separating politics from private
               sector business activities. We will also
               encourage exchanges of people and promote
               cooperation in cultural, social, and
               industrial areas.

               As a case in point, the founder of Hyundai
               Corporation is planning to make a road journey
               back to North Korea very soon. He will be
               taking 500 cows with him all the way to his
               birth place, and will donate the animals to
               the people there. Koreans have had a special
               attachment to cows since ancient times. The
               giver and receivers of the cows are sure to
               share feelings of genuine love that have been
               suppressed for the past 50 years of
               separation. Mr. Chung's trip, if realized,
               will be a good start toward reconciliation.

               As for my administration's policy directives
               for the exchanges and cooperative efforts of
               the South and the North, they are as follows.

               First, we will continue to provide emergency
               humanitarian assistance - whether by the
               government or private sector - with no strings
               attached. We have already donated 50,000 tons
               of food through the Red Cross, and recently
               announced provision of another 50,000 tons
               through the World Food Program (WFP).

               Second, we will promote economic exchanges and
               cooperation between the South and the North.
               To facilitate such exchanges, my government
               has recently lifted some restrictions on
               business trips to North Korea and abolished
               ceilings on investment in the North. I believe
               both sides will benefit if capital and
               technology from the South are combined with
               labor in the North.

               Third we will provide non-emergency
               governmental aid under the principle of
               reciprocity, considering that money comes from
               our taxpayers after all. In the South-North
               vice-ministerial tam held in Beijing last
               April, we did not commit fertilizer provisions
               requested by the North Koreans because they
               declined our humanitarian request to arrange
               reunions of family members who have been
               separated for half a century. We are ready to
               provide fertilizer to North Korea as soon as
               we receive a positive response on our
               proposal.

               Even though the Beijing talks did not produce
               any concrete agreement, the talks were
               significant in that the two sides met for the
               first time in four years. We plan to patiently
               continue our efforts for dialogue.

               I understand my administration's position is
               firmly supported by the United States, Japan,
               China, and Russia, as well as the Korean
               people. Not only that, I was very much
               encouraged by the support given to my position
               by the Asian and European leaders at ASEM in
               London last April.

               As I conclude my speech here, I sincerely hope
               that you will support us in our efforts to
               secure peace on the Korean Peninsula.

               Thank you very much for joining me here today.

----------------------------------------------------------------------------

          Copyright 1998 by the Council on Foreign Relations, Inc.
                            All rights reserved.

                           Last Updated: 9-Jun-98

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