During the past decade, South Korea has become a global player with worldwide interests. In support of Seoul’s “Global Korea” policy, South Korean policymakers have sought to raise the country’s international profile by hosting high-level events, participating in international peacekeeping and promoting South Korea as a model for economically developing countries that could soon face a democratic transition. As part of this effort, Seoul successfully hosted the November 2010 G-20 Summit, the November 2011 High-Level Forum on Aid Effectiveness and the March 2012 Nuclear Security Summit. South Korea has also twice commanded multinational counterpiracy missions in the Gulf of Aden. It has deployed a Provincial Reconstruction Team to Afghanistan and is now training the Afghanistan National Security Forces as they prepare for the departure of Western combat forces. South Korea is a committed member of various international nonproliferation regimes, such as the Global Initiative to Combat Nuclear Terrorism, the Missile Technology Control Regime and the Proliferation Security Initiative. Despite its small size and limited population, South Korea has become one of the world’s largest national economies, with its companies enjoying a global presence in high-technology products. South Korea has joined the elite Group of Twenty (G-20) leading industrial countries; has entered into free trade agreements (FTAs) with more than a half-dozen countries and organizations, including the European Union, ASEAN and the United States; and is negotiating almost a dozen more, including with China and Japan. South Korea has continued to rise in the global supply chain, most recently having rapidly emerged as one of the world’s leading suppliers of civil nuclear energy technologies and services. South Korea has built one of the most impressive defense industrial bases among the newly industrialized states in the Asia-Pacific. South Korean defense exports compete internationally in the armored vehicle, shipbuilding and aerospace sectors. Its annual arms exports reached $2.4 billion in 2011, and the government wants this figure to double to $4 billion by 2020. Economic and political considerations augmented the military rationale for this indigenous defense industrialization. The government has consciously pursued a parallel strategy of “security and development,” that is, building up its heavy industry and high-technology sectors while striving for greater self-sufficiency in arms production. Moreover, South Korea wants an advanced arms production capability to enhance its international status and influence.