The Development of Cooperation between the V4 and South Korea
The Development of Cooperation between the V4 and South Korea

Author(s): Veronika Jóźwiak, Oskar Pietrewicz
Subject(s): Politics, Economic policy, International relations/trade, Health and medicine and law, Transport / Logistics
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: South Korea; V4; cooperation; development; COVID-19; economy; logistics;
Summary/Abstract: The COVID-19 pandemic has turned out to be an impulse for the development of South Korea’s economic cooperation with the countries of the Visegrad Group (V4: Czechia, Hungary, Poland, Slovakia), which have already been the main recipients of South Korean goods in the EU. Changes in global supply chains and the emphasis put on climate issues both in the EU and South Korea have prompted companies from the latter to invest more in Central Europe, including in the areas of electro-mobility and green technologies. The V4-South Korea leaders’ summit scheduled for 4 November in Budapest will serve to deepen economic relations.

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