South Korea, the U.S., China, Japan and Russia have all gone through either leadership transitions or elections in the past few months.
And North Korea now has 12 months of the Kim Jong-un era under its belt.
South Korean President-elect Park Geun-hye certainly faces many diplomatic challenges, from the North Korean nuclear issue to historical and territorial issues in Northeast Asia.
And to lay out for us what we can expect in terms of diplomacy and security in the new year, we connect to our foreign affairs correspondent Choi You-sun at the Arirang News Center.
[Reporter : ] Hi Conn-young, Daniel.
North Korean leader Kim Jong-un started the year 2013 with a New Year's address, where he hinted at the possibility of easing tensions on the Korean Peninsula, and urged the new South Korean leadership to follow through on past inter-Korean agreements.
Can we expect to see some thawing of relations between the two Koreas in the coming months[Reporter : ] The president-elect herself had said she is open to restarting dialogue with North Korea, as part of a so-called "trust-building process."
Park's "trust-building" process, however, is based on the premise that Pyongyang will meet Seoul half-way to normalize inter-Korean ties.
For example, by apologizing for torpedoeing the South Korean warship Cheonan two years ago, and laying out preventive measures before resuming joint tourism at Mount Geumgang.
With the door to dialogue open, the conservative politician also pledged to beef up the nation's nuclear and missile deterrence, and use inter-Korean and multilateral channels to urge Pyongyang to denuclearize.