Sights set on South Korea
In June, credit ratings agency Moody’s Investors Service announced that South Korea’s economy is ‘likely to continue to outperform most high-income and advanced economies, both in the immediate term and further ahead’.
This is fantastic news for one of Asia’s strongest economies. South Korea has a strong reputation for its technologically advanced products, but also has several initiatives underway to foster sustainable economic growth and become one of the top ten business-friendly economies in the world.
The UK and South Korea have strong business relations and the EU-South Korea Free Trade Agreement (FTA) is estimated to be worth over £500 million to British business each year; more than 150 British companies are already doing business in South Korea.
For more information on how you can start trading with South Korea, click here to read our country guide and fact sheet.