Business Hub of Northeast Asia
- Why KOREA
- Business Hub of Northeast Asia
Center of East Asia, Logistics Hub Korea
Located between China and Japan, it is the center of aviation and maritime logistics connecting the Asia-Pacific region as well as Eurasia and the Americas.
Furthermore, it has the potential to establish a land-based route penetrating the Eurasian continent.
Incheon International Airport
- International Air Cargo Transport (2019) 3th
- Total Air Cargo Volume (2019) 5th
- Transshipment Ratio (2019) 2th
- Cargo Volume (2019) 4th
※ Source: Airports Council international (ACI), Busan Port Authority (2021), Ministry of Oceans and Fisheries, UNCTAD
World's No.3 Manufacturing Competitiveness, Export Powerhouse Led by the Manufacturing Industry
Center of East Asia and Global Trade Hub, Korea
With its geographical advantage, Korea is a gateway to the global markets that links most of the largest economies.
|In Effect (21 FTAs)||Chile, Singapore, EFTA1), ASEAN2), India, EU3), the U.S., Türkiye, Australia, Canada, China, New Zealand, Vietnam, Columbia, 5 countries in Central America4), UK, RECP5), Israel, Cambodia, Indonesia|
|Under negotiation||Korea-China-Japan, MERCOSUR6), Russia, Malaysia, Ecuador, Uzbekistan, Korea-ASEAN FTA expansion , Korea-India CEPA upgrading, Korea-Chile FTA upgrading, Korea-China FTA under follow-up negotiation on service & investment, Korea-Central America FTA under accession negotiation with Guatemala , GCC7)|
|Resumed/ On the Agenda/ Under Reviews||Mexico, PA8), UK|
* Source: www.fta.go.kr (as of Feb. 2023)