Research and analysis

Opportunity Korea

In February 2013, UKTI hosted Opportunity Korea, the British government’s most ambitious ever export promotion road show on South Korea.

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Opportunity Korea

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Ever wondered about the potential for your business in South Korea?

As the 12th largest economy worldwide and the fourth largest in Asia, South Korea is a dynamic and vibrant place to do business. And its 50 million strong domestic population is wealthy, savvy and out to buy the best. With the introduction of the EU-South Korea Free Trade Agreement and a passion for UK goods, the country ranks among the most fertile overseas markets for British companies of all sizes, with numerous and varied opportunities for export.

In seeking to raise greater awareness about the market, UK Trade & Investment (UKTI) invited you to learn about this exciting country through our week-long Opportunity Korea programme of events held in locations across the UK.

At each event UK businesses were able to meet, network with and hear first-hand from experts on South Korea from the business, political and government fields. Confirmed high-level attendees included Business Secretary Vince Cable MP, Trade and Investment Minister Lord Stephen Green and British Ambassador to South Korea Scott Wightman CMG, who were in attendance at Lancaster House on 4 February 2013.

In addition, representatives from British businesses already operating in South Korea attended to share their insights on the routes, nature and culture of doing business there. Confirmed business speakers included those from the advanced engineering, oil and gas, professional business services and food/drink sectors. Officers from UKTI, UK Export Finance (formerly the Export Credits Guarantee Department), the Foreign Office and regionally-based International Trade Advisers were also on hand at each event to share information and address specific queries.