Recent developments on the Korean Peninsula clearly indicate the need for establishing a political mechanism to maintain regional security.
Northeast Asia is attracting the attention of leading powers for its economic potential and political development. On the other hand, challenges and complications facing the region are clear to the players. Finding a political solution to the problem demands more of an economic approach.
We have to acknowledge the Cold War legacy in Northeast Asia. At present, confidence-building measures among the nations in terms of scope and intensity greatly lag behind "demand." The problem of regional security is multidimensional. Thus the approach to solving the issue will also be multidimensional and rather complex.