The South Korean government's increased investment of more than $700 million on innovation would typically put a strain on the budgets of most similarly-situated economies.
Business
South Korea Puts Its Budget Where Its Mouth Is and Commits to Significant Industry Investment, Especially for Small Businesses
The Government of South Korea is not waiting around for other nations to take the lead in innovation and has committed to a significant investment
09/23/2019
South Korea to Invest in $4 Billion in Innovation and Technology
The Korean government has announced that it will invest nearly $4 billion of its 2020 annual budget on innovation and technology to bolster South Korean
09/09/2019
South Korean Government Commits to Aggressive Cleaner Energy Plan
The Korean government is expected to launch an updated 15-year energy plan this year that will greatly accelerate green energy targets
07/29/2019
President Trump and Moon Discuss Trade in June Meeting
Following the G20 Summit in Osaka on June 28 and 29, Korean President Moon Jae-In met with President Donald Trump for a business lunch in
07/15/2019
KORUS FTA Results in Record Growth
It's been just over seven years since the KORUS FTA was signed and according to the trade ministry, the Korea-US Free Trade Agreement is proving
07/01/2019
Korean-U.S. Relations in 2018: Tension, Revision, and Progress
Reflecting on 2018’s Korean-U.S. trade negotiations, with recent ratification by Korean National Assembly, the KORUS FTA revisions have mitigated, not exacerbated, trade friction between both
12/20/2018
Post-Election Results for Korean-U.S. Relations
As the ramifications of the mid-term elections begin to settle in, this is a good time to review the impact of the elections on the
11/30/2018
Korean-U.S. Business Conditions Stabilized with Signing of FTA
Things are now in motion, and the agreement’s finality paves the way towards a more stable and mutually beneficial future for both countries, especially with
10/31/2018
Mythbuster – KORUS FTA
Despite common misconception, both parties remain steadfast in their commitment to overcome political distractions and focus on the cultural, historical and social benefits of this
09/11/2018