
July 2024 EIAS Newsletter
As July winds down and summer continues to spark our curiosity, we are excited to present you an extended summer edition of our newsletter.

As July winds down and summer continues to spark our curiosity, we are excited to present you an extended summer edition of our newsletter.

More than four years after their last trilateral summit and against a backdrop of heightened geopolitical tensions and regional security threats, the long-awaited 9th summit between the Republic of Korea (ROK or South Korea), the People’s Republic of China (PRC) and Japan finally took place in Seoul on 26-27 May 2024.

Despite confidence from leaders, both parties are walking a tightrope between their international interests and domestic anxieties.

As our global economy becomes increasingly digital, AI-driven, and reliant on 5G networks, the demand for semiconductors will only continue to surge. These components are not only fundamental to technological advancement but crucial for geopolitical stability.

On 13 September 2023, during her annual State of the Union address, European Commission President Ursula Von der Leyen announced the opening of an anti-subsidy investigation into imports of battery electric vehicles (BEVs) from China.

The security environment in Myanmar has been at a critical point for the past few years. Since the 2021 military coup under General Min Aung Hlang, security challenges have reached critical levels both internally and regionally, also spreading beyond Myanmar’s borders. Moreover, Refugee inflows, especially into Bangladesh and Thailand, have added to the already existing challenge of the Rohingya Crisis.

The Republic of Korea (ROK, or South Korea), a technologically advanced nation, is internationally famous for its export of semiconductors, cars and pop culture. In the past few years, South Korea has also successfully grown its defence industry, securing major deals abroad. Emerging as one of the world’s fastest-growing defence exporters, South Korea ascended from the 31st position in 2000 to a top ten ranking between 2019 and 2023 in the global arms trade, taking many by surprise, especially in Europe.

Following the recent elections that tilted the Maldives towards a more outspoken pro-China stance, the geopolitical dynamics have been set into motion, presenting a compelling opportunity for the European Union. The changing circumstances opens the Maldives’ burgeoning role in global affairs, paving the way for enhanced collaboration in diplomacy, climate action, and reaffirming its critical importance in the theatre of South Asian politics.

In the complex geopolitical context shaping international dynamics — characterised by a plethora of (in)security dynamics, encompassing shifting alliances and global tensions — the significance of a solid partnership based on economic resilience and an increase of sustainable development has never been more relevant.