South Korea should claim ownership of Block 7 because it is rich in resources. According to the Block 7 reserve report, if the estimated reserves are correct, the economic value of the underground resources in Block 7 at $60 per barrel for oil and $1000 per ton for gas is over 2.5 trillion won. This is equivalent to South Korea's budget for 420,012 years. It's not a strict estimate, as prices will drop when resources of this magnitude are released to the market, but it gives a good idea of the economic value of the area.
South Korea should claim ownership of Block 7. becasue it's related to Dokdo. As the saying goes, if you really want something, sometimes it's best to knock on the other side of the door so that the other side doesn't look your way. For Japan, the best case scenario is to keep the islands under the radar and manage them as quietly as possible until the end of the treaty, so they may have used the tactics of the Seongdong dynasty to claim the islands. Dokdo has many disadvantages that make it difficult for Japan to incorporate it into its territory. If it is difficult for Japan to effectively control it anyway, it may have decided that it is a much better business to use Dokdo as a bait to take over Dokdo. In South Korea, the issue is largely forgotten, and when the people forget, the political establishment tends to forget.
South Korea should claim ownership of Block 7. Because there are many ways for our country to win against Japan. The first way is to go to an international tribunal and claim that Japan violated the principle of good faith. Parties to a treaty are obligated to each other to fulfill the treaty in good faith. We signed a treaty to jointly develop the JDZ, but after 50 years, only seven boreholes were drilled and there was no exploration or development for 30 years. From South Korea's point of view, there is every reason to believe that Japan has violated the principle of good faith. The second is to use the U.S. It is clear that the U.S. would not want to be spoon-fed by China unless the seven blocks are shared by Korea and Japan. If you dig into this point, it is possible to persuade Japan by using the voice of the United States.
