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The Arctic has become increasingly important to South Korea because of the possibility of quicker shipping routes between Europe and Asia as the ice in the region continues to melt. Currently, it takes about 24 days for a South Korean container ship to arrive in Europe. However, shipping routes via the polar region could shorten the trip to 10 ...
The United States–Korea Free Trade Agreement (officially: Free Trade Agreement Between the United States of America and the Republic of Korea), [1] also known as KORUS FTA, [2] is a trade agreement between the United States and South Korea. Negotiations were announced on February 2, 2006, and concluded on April 1, 2007.
Restrictions on imports were removed, but a variety of non-tariff barriers complicated trade structure. In 1986, Korea for the first time achieved a favorable trade balance, a trade surplus of US$4.2 billion. However the transformations in the trade policy eventually lead to challenges in the 1990s.
South Korea announced it will end visa-free entry for Japanese citizens starting Monday in retaliation for a two-week quarantine imposed by Japan on all visitors from South Korea because of its ...
The Port of Ulsan is a port in South Korea, located in the city of Ulsan.. Hyundai Heavy Industries Ulsan Shipyard & Gunsan shipyard, in Ulsan is currently the largest in the world and has the capability to build a variety of vessels including Commercial Cargo, FPSO offshore, container ship, LNG Carrier, Car carriers, Tankers like VLCC & ULCC, Iron ore carrier and Naval vessels like Aegis ...
The South Korean government has launched a new learning website for companies puzzled by Japan's recent trade restrictions against the country amid growing confusion over changes of rules about ...
The ship also carried an art troupe and was the first North Korean ship to arrive in South Korea since 2002. [ 20 ] [ 21 ] This ship carried, among other people, a 150 person North Korean delegation for the 2018 Winter Olympics to the port of Mukho , under a special exemption from a 16 year ban on North Korean vessels.
The Korea Electronic Travel Authorization (K-ETA) is a mandatory requirement for travelers from visa exemption countries visiting South Korea, which came into effect on 1 September 2021. [3]
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