“Trade and Investment Opportunities between Spain and Korea”

Conference organized by Madrid Network

During the meeting, the similarities and complementarities between both countries were highlighted and how these aspects have allowed the commercial relationship to be intensified, both in terms of exports and investment.


South Korea it is after China y Japan the third Asian market for Spanish companies, a destination with great potential as has been revealed during the Conference “Trade and Investment Opportunities between Spain and Korea” organized by Madrid Network.

 

“The commercial relations between Spain y South Korea In 2018 they strikingly exceeded 5 billion euros, the trade figure is not as important as the evolution," V stressed.Erónica Samper Merino, Deputy Deputy Director General of Asia, Non-European Union Europe and Oceania of the Ministry of Industry, Commerce and Tourism. Meanwhile Jorge Salaverry, general secretary of the Spain-Korea Chamber of Commerce He has emphasized the “interest of Spanish companies in Korea”, and in that sense he affirms that “the important thing is to make known those opportunities that exist and move forward.”

 

During the meeting, the similarities and complementarities between both countries were highlighted and how these aspects have allowed the commercial relationship to be intensified, both in terms of exporting as in Your Strategic . Likewise, the focus has been placed on the importance of taking into account cultural aspects and defining the strategy to enter the country "in some cases it is advisable to go hand in hand with a partner, but in other cases independent strategies are also possible," he pointed out. Antonio García Rebollar, executive director of ICEX Training which has highlighted the services and tools offered by the institution to support Spanish companies in their commitment to South Korea.

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