Korea Trade and Investment Promotion Agency Archives

FTA with Central America to Boost Auto, Mobile phone Sectors with Low Tariffs

SEOUL, June 19 (Korea Bizwire) — The automobile, mobile phone and medical sectors are among the areas that could benefit a lot from a free trade deal with Central American countries as lower tariffs are expected to help them better compete with cheaper products imported from China and other countries, a report said Friday. Earlier, [...]

K-pop Boosts Industry Production by Blns of Won

SEOUL, May 3 (Korea Bizwire) — The popularity of Korean pop culture abroad helped increase production of the country’s cosmetics, gaming, tourism and beverages industries by billions of won in 2014, data showed Sunday. The growing popularity of hallyu, or the Korean wave, the name for Asianwide popularity of Korean pop culture, has been making inroads [...]