8.31.2009

towards economic integration

Busan, South Korea and Fukuoka, Japan have decided to create an economic zone that will become, hopefully, the seventh largest economic hub in Northeast Asia. For those of you that don't know how close these cities are, a speed boat will get you across the strait in less than three hours. I've done it once but I got real seasick on the way back to Busan. Going to Fukuoka was fine though...

This would be the first step towards full economic integration of Korea and Japan. (Or at least they would hope.) The democratic party of Japan winning a majority seat in parliament just recently could, however, make this a reality. The beginnings of an East Asian Union?

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