Tuesday, January 17, 2006

KOTRA report: Korea better investment environment than China

Invest Korea, Korea Trade-Investment Promotion Agency's foreign direct investment promotion arm, compared South Korea to China in seven areas for business conditions and six for living conditions.

On the frontpage of Invest Korea (no permanent link) IP Dragon found:
"The intellectual property rights environment is constantly improving in Korea considering that the United States Trade Representative (USTR) has moved Korea from the Priority Watch List to Watch List", contrary to China.

"Gyu-Joon Hwang, head of the Investment Service Team of Invest KOREA noted "We need to focus our investment promotion strategies on Korea’s comparative superiority over competing nations such as China".

Read an article by Yoo Soh-jung for the Korea Herald here.

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