Demystifying Korea
Understanding and doing business in Korea for Australian service providers
The Korea Australia Free Trade Agreement (KAFTA) levels the playing field for Australia with our international competitors in Korea, our fourth largest trading partner. It provides a foundation for Australian exporters to expand their engagement and access new opportunities in the country.
For service providers, unlocking these new opportunities through KAFTA is an important achievement, considering our services trade with Korea trails far behind our trade in goods. This Demystifying Korea report provides an overview of KAFTA’s benefits and the opportunity available for Australian businesses in professional services, financial services and education services.
The Export Council of Australia (ECA) encourages greater Australian engagement in the Korean services sector, and this report provides business with a resource to help understand both the opportunity as well as the challenges they may face along the way.
This report was made possible by our partners the Australia-Korea Foundation and Austrade.
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Yoshinori Sakuno,
Group Managing Director, doq®
Member of the ECA
"Our mission is to connect Australia and Japan – by using our local knowledge to service clients in the Asia Pacific region that we can grow with. This
allows us to develop cross-cultural marketing solutions that are mutually beneficial, both for our Australian and international partners. Being a part
of the ECA has been an important asset to our growth; setting a high bar to reach for, providing a valuable network, introducing us to new leads and
informing us of changing trends. We look forward to continuing to be the specialists in anything Japan-related and are proud to be associated with
the ECA."
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