trade diplomacy

Thus, Seoul fully recognizing the limits of its hard power, values the utility and significance of soft power. Over the years, it has harnessed its soft power resources in burnishing its image at regional and global fora.

“So we are trying to find ways of moving forward in our economic, political and cultural relations,” said del Rosario, who visited Germany early this month. The country’s chief diplomat said Germany is an important trading partner and source of investments of the Philippines...

Fresh economic initiatives, supplemented by cultural, educational and humanitarian exchanges, could encourage restraint by North Korea. Despite gunfire and nuclear construction, Pyongyang has continued to support North-South commercial cooperation through the free trade zone...

While it does not glisten, Chinatown is increasingly becoming fashionable, with young Argentines. Some local libraries even offer free Mandarin language classes, financed with Chinese money, as part of the country's quiet "soft power" in the region.

University of Indonesia security expert Andi Widjajanto said it would be hard for Yudhoyono to rely only on soft power measures, such as dialogues, norms establishment and confidence-building measures, to reduce tensions without resorting to hard power.

The tough times have seen Irish business rediscover Germany as an important trade partner. It is a given here to have access to and interest in Irish culture, thus cultural diplomacy can have a great reach. Ireland’s cultural chief...sees a need to give Germans a sense of Ireland’s contemporary cultural landscape, particularly as the debate over the future of Europe draws us closer together.

The Australian screen industry is extending its reach into the USA, following a new International Engagement Program...with G'Day USA...which seeks to strengthen trade, investment, business, innovation and cultural relations between Australia and the United States.

November 2, 2011

To build itself into a cultural power, China faces the urgent task of safeguarding its "cultural security", strengthening its soft power and boosting the international influence of its culture.

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