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Priorities of the Lee Jae-myung Government: A New Budget Item “Strategic Cooperation with China” Created, While the Budgets for Korea-US Alliance, Defectors, Denuclearization of North Korea Fall for 2027
2026-10-9, Tara O Budgets reflect priorities. South Korea’s Ministry of Foreign Affairs budget proposal for 2027 under the Lee Jae-myung administration cuts the ROK (Republic of Korea)-U.S. relations projects, while creating a new budget category to enhance strategic cooperation with China. Also cut were the budgets for the denuclearization of North Korea and the protection of defectors who escape from North Korea. South Korea Ministry of Fore…
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