Moon’s Australia trip highlights Seoul’s dilemmas
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Significance In raw materials, their needs complement each other: Canberra seeks reliable markets for raw materials; Seoul has supply concerns. Although Australia is much more open about expressing concerns about China, South Korea shares many of them in private. Impacts South Korea will neither join the Quad nor boycott the Beijing Winter Olympics. Plans to cooperate on ‘green steel’, using hydrogen, may prove expensive and difficult. A formal peace treaty with North Korea is not coming any time soon, contrary to Moon's claims.
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