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The relative decline of the presence of the United States in the post-Cold War period is a significant determinant causing instability in Northeast Asia. Despite a strong US security commitment in the region, the new security circumstances may render the security condition of Korea less than stable. Given the change of security conditions related to Korea, this article examines Korea’s national identity and national interests in terms of the security context. Korea has the strongest Northeast Asian identity, making regional stability the most important premise for Korea’s national interest. Therefore, the security complex characteristics of the Korean Peninsula should be clearly identified in terms of Northeast Asian regional peace and stability. This article also shows what the specific security subjects of Korea are in the age of globalization. Closely associated with Korea’s national interests, the critical security subjects of Korea are discussed for a more peaceful Korean Peninsula and more stabilized Northeast Asian region.