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          Zenith 2023     ↘     2) Global Issues                                                                                                                                                                                          32

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                      Achievements through
                                                    Economic diplomacy of Korea
                              “Sales diplomacy”

                                                    Recently, Yoon Suk-yeol, the president of Korea is achieving
                                                    diplomatic achievements through “sales diplomacy”. “Sales
                                                    diplomacy” means that the president, like a salesman, travels
                                                    to various countries and uses diplomatic skills to conclude
                                                    deals beneficial to the national interest. Sales Diplomacy is
                                                    actually an English word used only in Korea. Internationally,
                                                    the universal expression "economic diplomacy" is mainly
                                                    used. Korea has recently achieved great results with such
                                                    sales diplomacy.

                                                     However, these positive results have not always been
                                                    realized. In the past, there have been many criticisms and
                                                    failures of sales diplomacy. On September 21, 2022, the
                                                    Korea-Japan summit was held by President Yoon visiting a
                                                    building at a UN event site in New York where Japanese Prime
                                                    Minister Kishida was attending. It was in the form of a ‘brief
                                                    meeting’. The Korean reporters were notified of the meeting
                                                    after the meeting started, and not a single reporter was able
                                                    to go to the conference room. In response, the public said, “he
                                                    pushed the first button wrong.” “For the Korea-Japan summit,
                                                    it was necessary to approach carefully and slowly agree on
                                                    each statement, even the announcement. However, as the
                                                    desire to hold the summit was ahead of schedule, everything
                                                    was ruined, and it was like giving Japan the initiative in future
                                                    Korea-Japan relations again.” Also, past meetings between
                                                    the leaders of South Korea and the US ended in a 48-second
                                                    conversation. Regarding this, the public pointed out that
                                                    President Yoon did not have to forcefully meet President
                                                    Biden.
                                                    However, Korea has now reaped many benefits from sales
                                                    diplomacy despite these previous failures. In France, the
                                                    focus was on sales to attract the 2030 World Expo (World
                                                    Expo) to Busan, and during the state visit to Vietnam,
                                                    remarkable results were achieved in economic and security
                                                    cooperation.

                                                    According to the Office of the President on the 25th,
                                                    President Yoon attended the General Assembly of the
                                                    Organization for International Expositions (BIE) in Paris,
                                                    France, and held a PR campaign for the '2030 Busan Expo'
                                                    in more than 170 countries, highlighting Korea's 'contributory
                                                    diplomacy' and at the same time promoting it through the
                                                    'Paris Initiative'. He shared the digital state affairs agenda
                                                    with the world.
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