SEOUL, March 20 (Korea Bizwire) – The French minister for government reform said Monday his nation will maintain its cooperative relationship with South Korea regardless of the result of the upcoming presidential election here. “France wants the best possible relationship with South Korea … the subjects for desired bilateral cooperation include every issue ranging from tourism, [...]
SEOUL, March 14 (Korea Bizwire) – Many U.S. exporters and importers believe the free trade agreement (FTA) between South Korea and the United States not only helped keep their business growing but also improved their products and services, a report showed Tuesday. In recent interviews with the U.S. office of the Korea Trade-Investment Promotion Agency [...]
SEOUL, March 13 (Korea Bizwire) – A majority of South Korean businesses in the United States expect additional difficulties down the road due to what many view as protectionist trade policies of the new U.S. administration, a survey showed Monday. More than 7 out of every 10 respondents said they were already facing difficulties in [...]
SEJONG, Feb. 21 (Korea Bizwire) – South Korea’s exports continued their upbeat mode in the first 20 days of February, underscoring a recovery in the country’s outbound shipments, the latest customs data showed Tuesday. Exports amounted to US$27.7 billion from Feb. 1-20, up 26.2 percent from the same period last year, according to the data [...]
SEOUL, Feb. 8 (Korea Bizwire) – South Korean steel and chemical products, the country’s leading export items, have increasingly become targets of import restrictions in other countries, a trade agency said Wednesday. Reports sent in by overseas offices of the Korea Trade-investment Promotion Agency (KOTRA) showed that of the 19 new investigations launched against products [...]
SEJONG, Feb. 1 (Korea Bizwire) – South Korea’s exports rose 11.2 percent in January from a year earlier on brisk overseas sales of semiconductors and petrochemicals, the government said Wednesday. Outbound shipments came to US$40.3 billion last month, up from $36.2 billion tallied a year earlier, according to the Ministry of Trade, Industry and Energy. [...]
SEJONG, Jan. 11 (Korea Bizwire) – South Korea’s exports soared 37.8 percent in the first 10 days of this month from a year earlier to continue the recent upbeat mode, the latest customs data showed Wednesday. The country’s exports totaled US$11.64 billion during the cited period, up from $8.46 billion tallied over the same period [...]
SEOUL, Jan. 3 (Korea Bizwire) – South Korea’s exports to China increased 9.6 percent on-year last month, following a 0.4 percent gain in November, data showed Tuesday, with industry experts forecasting that outbound shipments to Seoul’s largest trading partner will stay on a recovery track down the road. South Korea’s outbound shipments to China reached [...]
SEOUL, Dec. 22 (Korea Bizwire) – Exports by South Korea’s venture firms jumped over 21 percent from a year earlier last month, a local trade organization said Thursday, marking the first double-digit growth in over a year and possibly heralding an imminent improvement in the country’s overall exports. According to the Korea International Trade Association [...]
SEOUL, Dec. 16 (Korea Bizwire) – December 20 will mark the first anniversary of the day that the Korea-China free trade agreement took effect. Although exports of Korean products that had their tariffs lowered thanks to the FTA gradually increased over the year, local industries have yet to take full advantage of the deal. According [...]