korea's relations with g20 and invited states

8/8/2019 Korea's Relations With G20 and Invited States

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Key facts on the G20 and Invited States in alphabetical order

* Sources excluding the ootnoted data : The Ministray o Foreign Aairs and Trade o Korea

Country Total Area1(sq km) (10)

Capital City Population

Argentina 2,795,677 Buenos Aires 40,913,584

Australia 7,741,220 Canberra 21,262,641

Brazil 8,514,877 Brasilia 198,739,269

Canada 9,984,670 Ottawa 33,487,208

China 9,596,961 Beijing 1,338,612,968

France 643,427 Paris 64,420,073

Germany 357,022 Berlin 81,550,000

India 3,287,263 New Delhi 1,156,897,766

Indonesia 1,904,569 Jakarta 240,271,522

Italy 301,340 Rome 58,126,212

Japan 377,915 Tokyo 127,078,679

Mexico 1,964,375 Mexico City 111,211,789

Russia 17,098,242 Moscow 140,041,247

Saudi Arabia 2,149,690 Riyadh 28,686,633

ROK 99,720 Seoul 48,508,972

South Arica 1,219,090 Pretoria (Administrative)

Cape Town (Legislative)

Bloemontein (Judicial)

49,052,489

Turkey 783,562 Ankara 76,805,524

UK 243,610 London 61,113,205

USA 9,826,675 Washington D.C 307,212,123

EU 4,324,7824

Ethiopia 1,104,300 Addis Ababa 85,237,338

Malawi 118,484 Lilongwe 15,028,757

Singapore 697 Singapore 4,657,542

Spain 505,370 Madrid 46,951,5325

Vietnam 331,210 Hanoi 88,576,758

1 The World Fact Book Central Intelligence Agency (CIA)2 World Development Indicators database, World Bank, Sep 27, 20103 World Development Indicators database, World Bank, Sep 27, 20104 Wikipedia : EU5 The National Census or 2010 by the Spanish National Institute o Statistics


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This reerence sheet on the G20 and the invited states was compiled in October 2010or the G20 Seoul Summit.

The primary source o inormation was the website o the Ministry o Foreign Aairs and Trade (MOFAT)o Korea (http://www.m2.kr), with the up-to-date confrmation provided by the respective MOFATdepartments o each country and each embassy in Korea. Other sources were noted in ootnotes.

All fgures are indicated in USD and rounded o to two decimal places.

GDP (09) GNI2 per capita

(bil. in USD) (09) (USD) (bil. in USD) (bil. in USD)Exports (09) Imports (09)

301.3 7,570 55.7 40.3

1,105 43,770 173.2 176.5

1,480 8,040 153 127.7

1,336 42,170 314.8 319.8

4,910 3,590 1,202 1,006

2,677 42,680 431.2 481.6

2,397 42,560 803 667

1,235 1,180 176.5 287.5

514.9 2,230 136.7 128.7

2,090 35,080 516.6 502.1

5,068 37,870 580.6 550.5

868.3 8,920 229.7 234.3

1,642 9,370 464 276

369.6 17,700 3 192.3 87.1

832.5 19,830 373.6 317.5

287.2 5,770 86.1 90.5

619.5 8,730 102.1 140.8

2,202 41,520 352.9 481.9

14,256 47,240 1,571 1,946

34.3 330 1.61 7.32

3.93 280 0.945 1.625

177.1 37,220 268.9 245

1,465 31,870 217.5 287.8

92 1,010 56.6 68.8

(bil. in Euro) (bil. in Euro)(bil. in Euro)


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Argentina

Australia

Brazil

Canada

China

FranceGermany

India

Indonesia

Italy

Japan

Mexico

Russia

Saudi Arabia

Republic of South Africa

Turkey

United Kingdom

United States of America

European Union

4

6

8

10

12

14

16

18

20

22

24

26

28

30

32

34

36

38

40

Table o Contents

Koreas Bilateral Relations with G20 Member States


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Ethiopia

Malawi

Singapore

Spain

Vietnam

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44

46

48

50

Koreas Bilateral Relations with the Invited States


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Country Profile

General Inormation

Government

Economy

Location : Latin America, South Eastern Region

Capital City : Buenos Aires

Population : 40.91 million (2010)

Type o Government : Republic

President (head o state) : Cristina Fernndez de Kirchner

GDP : USD 301.3 billion (2009 estimate)

Trade : Exports USD 55.7 billion, Imports USD 40.3 billion (2009)


Argentina


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Koreas Relations with the G20 & Invited States 4 5

Relationship with the Republic of Korea

Establishment o Diplomatic Relations

Trade and Investment

February 15, 1962

Koreas bilateral trade with Argentina (2009)

Investments (December, 2008)

Exports : USD 578 millionIncluding automobiles, synthetic resins, video equipment,chemical products and machinery

Imports : USD 915 millionIncluding soybean oil, copper ore, leather, wool, corn and rozen sh

Koreas investments in Argentina : USD 150 million

Including electronics and shing industries


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Country Profile

General Inormation

Government

Economy

Location : Australia Continent

Capital City : Canberra


Type o Government : Federal parliamentary democracy and constitutionalmonarchy

Governor General (head o state) : Quentin Bryce

Prime Minister (head o government) : Julia Eileen Gillard

GDP : USD 1.1 trillion (2009)



Australia


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October 30, 1961

Koreas bilateral trade with Australia (2009)

Investment

Exports : USD 5.2 billionIncluding autos, wireless devices, petroleum products, and paper products

Imports : USD 14.8 billionIncluding crude oil, coal, iron ore, aluminium, and meat

Koreas investments in Australia : 5.2 billion (March, 2010, cumulative total)28 mineral resource businesses in operation- 19 bituminous coal, 2 uranium,2 steel, 2 zinc, 1 nickel, 2 magnesite as o December, 2008

Australias investments in Korea : 1.7 billion (2008)


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Country Profile

General Inormation

Government

Economy

Location : South America

Capital City : Brasilia


Type o Government : Federative Republic

President : Luiz Incio Lula da Silva


Trade : Exports USD 153 billion, Imports USD 127.7 billion (2009)


Brazil


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October 31, 1959

Koreas bilateral trade with Brazil (2009)

Investment (2009, cumulative total)

Exports : USD 5.31 billionIncluding autos, mobile phone parts, LCD, color television parts, andconstruction equipment

Imports : USD 3.74 billionIncluding iron ore, metallic minerals, aluminium and soy beans

Koreas investments in Brazil : USD 2.23 billion

Including manutacturing business and mining industry


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Country Profile

General Inormation

Government

Economy

Location : North America

Capital City : Ottawa


Type o Government : Federation, parliamentary democracy and

constitutional monarchy

Governor General (head o state) : David Johnston

Prime Minister (head o government) : Stephen Harper


Trade : Exports USD 344 billion, Imports USD 348 billion (2009)


Canada


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January 14, 1963

Koreas bilateral trade with Canada (2009)


Exports : USD 3.4 billionIncluding autos and auto components, electronic integrated circuitry, andmobile phones

Imports : USD 3.5 billionIncluding coal, aluminum, copper, chemicals, lumber and pulp

Koreas investments in Canada : USD 7.1 billionIncluding energy resources development and manuacturing; sinceparticipating in the oil sands development plan in 2006, drastically increasedthe investments in Canada, particularly in the large scale o energy resourcedevelopment projects

Canadas investments in Korea : USD 3.93 billionIncreased investments in the autos and IT sectors in recent years


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Country Profile

General Inormation

Government

Economy

Location : Eastern Asia

Capital City : Beijing

Population : 1.34 billion (2010)

Type o Government : National People's Congress System

President : Hu Jintao


Trade : Exports USD 1.20 trillion, Imports USD 1.01 trillion (2009)


China


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August 24, 1992

Koreas bilateral trade with China (2009)


Exports : USD 86.7 billionIncluding LCD display sensor, semiconductors, wireless communicationdevices, synthetic resins, petroleum products, petrochemical materials,steels, autos and computers

Imports : USD 54.2 billionIncluding semiconductors, computers, LCD displays and sensors, steel,clothes, wireless communication devices, rail & steel structures and coal

Koreas investments in China : USD 40.83 billion

Chinas investments in Korea : USD 2.68 billionChina is Koreas largest export & import and trade & investment partner


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Country Profile

General Inormation

Government

Economy

Location : Western EuropeCapital City : Paris


Type o Government : Republic

President : Nicolas Sarkozy

Prime Minister : Franois Fillon




France


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February 15, 1949

Koreas bilateral trade with France (2009)

Investment

Exports : USD 2.9 billionIncluding wireless communication equipment, vessel and car

Imports : USD 4 billionIncluding semiconductor, pump, medical supplies,cosmetic products and car parts

Koreas investments in France : USD 1.14 billion[source: Korea EXIM Bank; 2009, cumulative total]

Including manuacturing business (perume), trade business (car parts)and services (airline, cargo)

Frances investments in Korea : USD 5.8 billion

[source: Ministry o Knowledge Economy; 2009, cumulative total]

Including processing industry (glass, chemistry), agricultural production,autos, pharmaceuticals, inormation and communication technology,distribution service and banking


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Country Profile

General Inormation

Government

Economy

Location : Central Europe

Capital City : Berlin


Type o Government : Federal Republic

President (titular chie o state) : Christian Wul

Chancellor (executive head o government) : Angela Merkel

GDP : 2,397 billion Euro (2009)

Trade : Exports 803 billion Euro, Imports 667 billion Euro (2009)


Germany


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December, 1955

Koreas bilateral trade with Germany (2009)


Exports : USD 8.8 billionIncluding ships, automobiles, semiconductors, wireless communicationequipment, computers and LCD

Imports : USD 12.3 billionIncluding automobiles and equipments

Koreas investments in Germany : USD 2.3 billionIncluding service industries (71%)

Germanys investments in Korea : USD 8.9 billionIncluding manuacturing industries (55%)


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Country Profile

General Inormation

Government

Economy [source: U.S. Department o State]

Location : Southern Asia

Capital City : New Delhi

Population : 1.16 billion (2010)


President (chie o state) : Pratibha Patil

Prime Minister (head o government) : Manmohan Singh




India


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December 1973

Koreas bilateral trade with India (2009)


Exports : USD 8.01 billionAutomobile parts, jet uel and wireless telephones

Imports : USD 4.14 billionNaphta, erroalloy and soybean cakeIndia is Koreas 9th largest export market and 16th largest import market

Koreas investments in India : USD 2.51 billion (December, 2009)

Indias investments in Korea : USD 82.63 million (September, 2009)On January 1, 2010, the Comprehensive Economic Partnership Agreement(CEPA) between the two countries went into eect.


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Country Profile

General Inormation

Government

Economy

Location : Southeast Asia

Capital City : Jakarta


Type o Government : Independent Republic

President(head o government and chie o state) : Susilo Bambang Yudhoyono

Vice President : Boediono

GDP : USD 514.9 billion (2009)



Indonesia


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September 18, 1973

Koreas bilateral trade with Indonesia (2009)

Investment

Exports : USD 6 billionIncluding steel plate, metal and electronics

Imports : USD 9.3 billionIncluding gas, crude oil, coal, crude cooper, wood pulp and timberIndonesia is Koreas 11th largest trading partner

Koreas investments in Indonesia : USD 520 million (2009)Koreas grants aid oered to Indonesia (1991-2008) : USD 77 million

Koreas Economic Development Cooperation Fund (EDCF) to Indonesia(1987-2008) : USD 350 million


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Country Profile

General Inormation

Government

Economy

Location : South-central region o the European Continent

Capital City : Rome


Type o Government : Parliamentary Republic

President(chie o state) : Giorgio Napolitano

Prime Minister(President o the Italian Council) : Silvio Berlusconi




Italy


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June 26, 1884 (Reestablished : November 24, 1956)

Koreas bilateral trade with Italy (2009)


Exports : USD 2.8 billionIncluding autos, ships, wireless telephone, synthetic resins and HR plate

Imports : USD 3.51 billionIncluding medical products, motor, abric closes,leather bag and marine engine

Koreas investments in Italy : USD 415 million (1968-2009) [source: EXIM Bank]

Including wholesale / retail business (70%), manuacturing business (30%)

Italys investments in Korea : USD 340 million (1965-2009)[source: Ministry o Knowledge Economy, Korea]

Including manuacturing business (96.2%), services (3.8%)


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Country Profile

General Inormation

Government

Economy

Location : East Asia

Capital City : Tokyo


Type o Government : Constitutional monarchy with a parliamentary government

Prime Minister (head o government) : Naoto Kan (Democratic Party o Japan)




Japan


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December 18, 1965

Koreas bilateral trade with Japan (2009)


Exports : USD 21.8 billionIncluding semiconductors, petrolium, mobile devices, steel plate,fat panel displays & sensors and plastic products

Imports : USD 49.4 billionIncluding steel plate, semiconductors, plastic products,glass products and chemical productsJapan is Korea's 2ndlargest trading partner, while Korea is Japans 3rd largest trading partner.

Koreas investments in Japan : USD 3.6 billion

Japans investments in Korea : USD 23.9 billionJapan is the 13th largest oreign country that Korea invests in, while Japan is the 2nd largestoreign investor to Korea.Korea and Japan are recently strengthening their investment cooperation such as thecoinvestment o companies in each country to other countries.


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Country Profile

General Inormation

Government

Economy


Capital City : Mexico City



President(chie o state and head o government) : Felipe de Jess Calder Hinojosa




Mexico


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January 26, 1962

Koreas bilateral trade with Mexico (2009)


Exports : USD 7.13 billionIncluding fat displays, color televisions, wireless telephones,autos and auto parts

Imports : USD 970 million

Including copper blocks, zinc ore, wired communication equipment and salt

Koreas investments in Mexico : USD 140 millionIncluding manuacturing, wholesale and retail sales, communications andthe construction industry

Mexicos investments in Korea : USD 0.92 million


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Country Profile

General Inormation

Government

Economy

Location : Northern Asia to Eastern Europe

Capital City : Moscow


Type o Government : Federation

President : Dimitry Medvedev

Prime Minister(chairman o the government) : Vladimir Putin


Trade : Exports USD 464 billion, Imports USD 276 billion (2009)


Russia


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September 30, 1990

Koreas bilateral trade with Russia (2009)

Investment

Exports : USD 4.1 billionIncluding autos and components, wireless telephones,synthetic resins and shipping

Imports : USD 5.7 billionIncluding crude oil, naphtha, bituminous coal, aluminum and natural gas

Koreas investments in Russia : USD 2.43 billion (June 2010, cumulative total)Steadily increased investments since 2005 mainly by large enterprises

Russias investments in Korea : USD 40 millionThere are high expectations or increasing bilateral economic cooperation,specially the combination o Russias high technology industries (such as in theelds o IT, nanotechnology, space industry and nuclear energy) andabundant energy resources (such as the Siberian regional development andthe related energy resources, distribution industry, inrastructure,agriculturaland marine products) with Koreas ability to commercialize technology


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Country Profile

General Inormation

Government

Economy

Location : the Arabian Peninsula

Capital City : Riyadh


Type o Government : Monarchy with Council o Ministers and Consultative Council

King (chie o state and head o government ; rules under the title Custodian

o the Two Holy Mosques) : Abdullah bin Abdul Aziz Al Saud




Saudi Arabia


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October 16, 1962

Koreas bilateral trade with Saudi Arabia (2009)

Investment (2009)

Exports : USD 3.85 billionIncluding autos and steel

Imports : USD 19.7 billionIncluding crude oil, petroleum chemical products and LPG

Koreas investments in Saudi Arabia : USD 49 million

Including 104 entities in total : 95 companies (11 large-sized companies,60medium and small-sized companies, 18 subcontractor companies) and9 trading companies


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Country Profile

General Inormation

Government

Economy

Location : Southern Arica, at the southern tip o the continent o Arica

Capital City : Pretoria (Administrative capital), Cape Town (Legislative capital),

Bloemontein (Judicial capital)


Type o Government : Bi-cameral parliamentary system with President o

head o State o Government

President (chie o state) : Jacob Gedleyihlekisa Zuma




South Africa


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December 1, 1992

Koreas bilateral trade with South Africa (2009)


Exports : USD 1.1 billionIncluding electronic goods and autos

Imports : USD 1.2 billionIncluding jewelry, minerals, uel and raw materials

Koreas investments in South Arica : USD 210 million

About 20 trading companies and local subsidiaries(mostly sales subsidiaries) presiding

South Aricas investments in Korea : USD 83 million


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Country Profile

General Inormation

Government

Economy

Location : Southeastern Europe and Southwestern Asia

Capital City : Ankara


Type o Government : Republican Parliamentary Democracy

President(chie o state) : Abdullah Gl

Prime Minister(head o government) : Recep Tayyip Erdoan


Trade : Exports USD 102.1 billion, Import USD 140.8 billion (2009)


Turkey


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March 8, 1957

Koreas bilateral trade with Turkey (2009)


Exports : USD 2.66 billionIncluding autos and wireless communication devices

Imports : USD 430 millionIncluding auto components, petroleum products and clothing

Koreas investments in Turkey : USD 415 millionIncluding manuacturing

Turkeys investments in Korea : USD 7.5 million


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Country Profile

General Inormation

Government

Economy

Location : Western Europe

Capital City : London


Type o Government : Parliamentary democracy with a constitutional monarchy

Monarch (head o state) : Queen Elizabeth

Prime Minister (head o government) : David Cameron




United Kingdom


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Treaty o Friendship and Commerce : November 26, 1883

(Reestablished : January 18, 1949)

Koreas bilateral trade with U.K. (December, 2009)


Exports : USD 3.8 billionIncluding wireless telephones, ships, autos andsemiconductor integrated circuits

Imports : USD 2.9 billionIncluding steel parts, medicine and medical supplies,alcoholic beverages, synthetic resins and pumps

Koreas investments in U.K .: USD 5.46 billionIncluding sales, distribution and shipping services and nancial services

U.K.s investments in Korea : USD 10 billion

Including banking (insurance), retail, clothing, auto parts and industrial gasU.K. was the largest investor in Korea in 2009


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Country Profile

General Inormation

Government

Economy


Capital City : Washington D.C.



President : Barack H. ObamaVice President : Joseph R. Biden


Trade : Exports USD 1.57 trillion, Imports USD 1.95 trillion (2009)


United Statesof America


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Treaty o Peace, Amity, Commerce and Navigation between the Kingdom oChosun (Korea) and the United States : May 22, 1882

U.S. Ocial Recognition o the Republic o Korea : January 1, 1949

Koreas bilateral trade with the U.S. (2009)

Investment

Exports : USD 37.65 billion (10.4% o total exports)Including semiconductors, autos, wireless communication devices andpetroleum products

Imports : USD 29.04 billion (9% o total imports)Including semiconductor, semiconductor producing equipment andaircrats and parts

Koreas investments in the U.S. : USD 3.92 billion (2009); USD 36.3 billion(2009, cumulative total)The U.S. is Koreas 2nd largest investment market (based on cumulative total),with 17% o Koreas total FDI. Koreas investment in the U.S. has steadilyincreased since its annual investment reached at USD 1.5 billion in 2000.

The U.S.s investments in Korea : USD 1.49 billion (2009); USD 41.8 billion(2009, cumulative total)The U.S. is the largest oreign investor in Korea (excluding the EU).The U.S.s investment in Korea accounts or an estimated 27% o Koreas total

oreign investment infows and has steadily increased especially in nanceand service sectors since 1997.

Korea-US FTA

Korea-US FTA agreed : April 2, 2007Korea-US FTA concluded : June 30, 2007


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European Union (EU) has been one o Koreas fve majordiplomatic partners. Koreas goal is to establish mutualcooperation not only in the economic sector, but also in therealm o security, as part o its eorts to bring peace to theKorean Peninsula and increase stability in Northeast Asianregion.

Created Korea-EC Consultative Committee or high-level ocials in the

eld o economics and trade (1983) : annual meeting held every year sinceits establishment

EU adopted Korea Resolution(June, 1993)

Adopted Korea-EU Framework Agreement or Trade and Cooperation andsigned o Korea-EU Joint Declaration on the Political Dialogue(October, 1996)

EU is in the Executive Council or Korean Peninsula Energy DevelopmentOrganization (KEDO)(September, 1997)

Signed Korea-EU Framework Agreement; replacing Korea-EU FrameworkAgreement or Trade and Cooperation(May, 2010)

Agreed Korea-EU FTA (provisional application date : July 1, 2011)(September, 2010)

Concluded Korea-EU FTA(October, 2010)


European Union(27 countries)


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Active cooperation on global issues and bilateral mattersbetween Korea and the EU through various consultativegroups


Summit meetings, strategic dialogue, policy consultation, and economic

cooperation committee enables South Korea and the EU to cooperate on

global and bilateral issues.

Koreas bilateral trade with EU (2009)

Investment (March 2010, cumulative total)

Exports : USD 44.6 billion

Imports : USD 32.2 billionMajor items in Korea-EU exchanges : ships, wireless telephones, fat paneldisplays and autos

Koreas investments in EU : USD 26.6 billion

EUs investments in Korea : USD 57.3 billionEU is the largest investor in Korea

Korea-EU mutual investments : USD 83.9 billion


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Country Profile

General Inormation

Government

Economy

Location : Northeast o Arica

Capital City : Addis Ababa


Type o Government : Federal Democratic Republic

President : Girma Wolde-Giorgis

Prime Minister : Meles Zenawi(*Executive power resides with the prime minister)




Ethiopia


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December 23, 1963

Koreas bilateral trade with Ethiopia (2009)

Investment

Exports : USD 79.32 millionIncluding tires, chemicals and autos

Imports : USD 14.8 millionIncluding sesame and coee

Koreas investments in Ethiopia : USD 1.88 million[source : Korea EXIM Bank]


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Country Profile

General Inormation

Government

Economy

Location : Southeast o Arica

Capital City : Lilongwe


Type o Government : Multiparty democracy

President (chie o state and head o government) : Bingu wa Mutharika(Chairperson o the Arica Union(AU))

Vice President : Joyce Banda

GDP : USD 3.93 billilon (2009)

Trade : Exports USD 945 million, Imports USD 1.625 billion (2009)


Malawi


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March 9, 1965

Koreas bilateral trade with Malawi (2009)

Exports : USD 13.29 millionIncluding polyethylene and isocyanate

Imports : USD 31.25 million

Including lea tobacco and cane sugar


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Country Profile

General Inormation

Government

Economy

Location : South-East Asia

Capital City : Singapore


Type o Government : Parliamentary Republic

President(head o state) : Sellapan Ramanathan

Prime Minister(head o government) : Lee Hsien Loong

GDP : 177.1 billion (2009)

Trade : Exports USD 268.9 billion, Imports USD 245 billion (2009)


Singapore


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August 8, 1975

Koreas bilateral trade with Singapore (2009)

Investment (2008)

Exports : USD 13.6 billionIncluding semiconductors, petroleum products, ship & marine structuresand components and wireless devices

Imports : USD 8.4 billionIncluding semiconductors, computers and petroleum products

Koreas investments in Singapore : USD 903 million

Singpores investments in Korea : USD 916 million


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Country Profile

General Inormation

Government

Economy

Location : Iberian Peninsula in Southeast Europe

Capital City : Madrid


Type o Government : Constitutional Monarchy

Monarch (Head o State) : Juan Carlos

President o Government : Jos Luis Rodrguez Zapatero


Trade : Exports USD 217.5 billion , Imports USD 287.8 billion (2009)


Spain


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March 17, 1950

Koreas bilateral trade with Spain (2009)


Exports : USD 1.74 billionIncluding wireless telephones, autos, synthetic resins,tires and fat panel dispalys

Imports : USD 880 millionIncluding medical supplies, construction materials, naphtha,vegetable oil and auto parts

Koreas investments in Spain : USD 430 millionIncluding mining industry, transportation industry,whole sale & retail businesses

Spains investments in Korea : USD 740 million

Including auto parts, clothing distribution and wind power generation


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Country Profile

General Inormation

Government

Economy

Location : Eastern part o the Indochina Penninsular

Capital City : Hanoi


Type o Government : Socialist Republic

General Secretary o the Communist Party : Nong Duc Manh

President(head o state and chair o National Deense and Security Council) :Nguyen Minh Triet

Prime Minister(heads o cabinet o ministeries and commissions) :Nguyen Tan Dung

GDP : USD 92 billion (2009)



Vietnam


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December 22, 1992

Koreas bilateral trade with Vietnam (2009)

Investment (2009)

Exports : USD 7.1 billionIncluding autos, petroleum products, knitted goods and wireless devices

Imports : USD 2.4 billionIncluding oil, clothing, coals and shoes

Koreas investments in Vietnam : USD 1.66 billion


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korea's relations with g20 and invited states

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