Evaluating the market in South Korea

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Business environment in South Korea

EDC has identified South Korea as a key market and is actively pursuing business in the country. South Korea has one of the most favourable business environments in all of Asia due to a relatively strong emphasis on infrastructure, a highly skilled and educated workforce and improved standards of corporate governance. With the Canada-South Korea Free Trade Agreement (CKFTA) now in place, Canadian exporters have preferential access to one of the world's largest economies and are exposed to more opportunity due to tariff elimination in a broad range of sectors. South Korea also serves as an effective strategic base for companies and investors looking to expand their presences in Asia and across its vast supply chains.

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Karicia Quiroz

Senior Trade Advisor, EDC

Karicia Quiroz  Senior Trade Advisor, EDC