This thesis first took an overall look at the relationship between Asia and Central and South America. Meanwhile, this thesis studied the growth potential of these two continents and the rapid growth trend compared with other areas. Based on these, this thesis emphasized the necessity of the cooperation between Asia and Central and South America, which has been alienated for a long period. Upon studying of this thesis, the reader will track the connection of the overseas investment strategy of Korea to the domestic and overseas economic factors while analyzing its motivation and feature, etc. Also, it analyzes Korea's future investment in Central and South America as comparing with the strategies of Japan and Taiwan. Besides, in this thesis the author is trying to get future-oriented experiences from the analyses in areas such as trade, investment experience, culture difference and personnel exchange, and the prospect of the relationship between Korea and Central and South America. This thesis brought forward the 'blueprint' about promoting the cooperation between Asia and Central and South America, such as to organize the meeting for the new setting summit conference of Asian and Central American leaders, to add members from Central and South America countries to the MERCOSUR of APEC, to expand items in order to promote mutual-communication.