[Herald Interview] Resources diplomacy takes time, patience: ambassador
Feb 26, 2012
In the wake of the CNK International stock-rigging scandal, South Korea’s so-called “resources diplomacy” has become a point of contention due to the high risks and low efficiency in searching for oil and other energy resources overseas.Questions were raised whether Korea’s signing of an MOU with the United Arab Emirates early last year to develop three oil fields in Abu Dhabi was overblown, because neither side has announced the signing of an official deal yet.However, resources diplomacy takes