1.  Who is the new president of South Korea?

2.  What is the major difference between Mr. Lee and the two previous presidents? Be specific.

3.  a) What is President Lee asking North Korea to do in exchange for financial assistance? 
b)  By what amount will South Korea's assistance increase the per-capita income of North Koreans?

4.  Why have the six-party talks stalled?

5.  Why shouldn't the U.S. remove North Korea from a list of state sponsors of terror?

6.  What relationship does President Lee aim to have with the U.S.?

7.  Why do U.S. supporters of a proposed Free Trade Agreement with South Korea hope that Congress will ratify it before its summer recess?

OPTIONAL CHALLENGE READING:
In addition to South Korea's relationship with North Korea, this article includes information on a proposed U.S. Free Trade Agreement with South Korea.  Read a study from the Competitive Enterprise Institute examining the pros and cons of the Free Trade Agreement with South Korea here.