Korea, Republic of
UNCTAD Insights: Fourth Industrial Revolution and FDI from SMEs: The Case of the Republic of Korea
The impact of Fourth Industrial Revolution (4IR) technologies on enterprises’ internationalization strategies is ambiguous. Although digital technologies lower information and transaction costs and facilitate international coordination of overseas activities automation technologies can push enterprises to reshore foreign operations. This paper analyses the impact of 4IR technologies on the foreign investment decisions of small and large enterprises in one of the most technologically advanced countries in the world: the Republic of Korea. The results indicate differential impact across enterprise sizes and technologies. The propensity of SMEs to invest overseas upon the adoption of 4IR technologies especially digital technologies increases relatively more than that of larger firms. The results have important implications for investment and development policies in the region. The findings highlight the key role of FDI by Korean SMEs in the technological development of neighbouring Asian economies calling for increased attention to smaller players in investment promotion.
No. 51590. Mexico and Republic of Korea
Agreement between the Government of the United Mexican States and the Government of the Republic of Korea for cooperation in the peaceful uses of nuclear energy. Los Cabos 17 June 2012
No. 51512. Argentina and Republic of Korea
Treaty between the Argentine Republic and the Republic of Korea on mutual legal assistance in criminal matters. Seoul 31 August 2009
No. 51478. United States of America and Republic of Korea
AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF THE REPUBLIC OF KOREA CONCERNING MUTUAL AIRLIFT SUPPORT UTILIZING AIRCRAFT OPERATED BY/FOR THE MILITARY FORCES OF THE PARTIES IN CASE OF MILITARY HOSTILITIES IN THE REPUBLIC OF KOREA. DAEJEON 25 JUNE 2004 AND BELLEVILLE 6 JULY 2004 [United Nations Treaty Series vol. 2962 I-51478.]
No. 51125. United States of America and Republic of Korea
MEMORANDUM OF UNDERSTANDING BETWEEN THE U.S. GEOLOGICAL SURVEY OF THE DEPARTMENT OF THE INTERIOR OF THE UNITED STATES OF AMERICA AND THE KOREA INSTITUTE OF GEOSCIENCE AND MINERAL RESOURCES OF THE OFFICE OF THE PRIME MINISTER OF THE REPUBLIC OF KOREA CONCERNING SCIENTIFIC AND TECHNICAL COOPERATION IN THE EARTH SCIENCES. SEOUL 14 FEBRUARY 2002 AND RESTON 5 MARCH 2002 [United Nations Treaty Series vol. 2939 I-51125.]
Note
The publication was prepared by the Trade Negotiations and Commercial Diplomacy Branch Division on International Trade and Commodities UNCTAD. The work was carried out by Taisuke Ito and Daeil Kim under the guidance of Liping Zhang.
Handbook on the Preferential Tariff Scheme of the Republic of Korea in Favour of Least Developed Countries
The preferential tariff scheme of the Republic of Korea has been developed in accordance with the World Trade Organization (WTO) decisions to contribute to the economic development and trade expansion of the least developed countries (LDCs). In December 2005 the sixth WTO ministerial conference in Hong Kong (China) adopted to implement duty-free and quota-free (DFQF) market access for products originating from LDCs and agreed to provide effective market access both at the border and otherwise including simplified and transparent rules of origin so as to facilitate exports from LDCs. In response to the WTO decision the Republic of Korea announced in November 2007 that it would expand the DFQF access for LDC exports to reach 95 per cent of the country's total tariff lines. The Handbook provides a general explanation of the preferential tariff scheme of Korea to assist government officials and exporters involved in trade under the preferential scheme to gain a better understanding of the scheme and fully utilize preferential trade opportunities.
No. 51017. United States of America and Republic of Korea
Memorandum of Understanding between the United States of America and the Republic of Korea on preferential hiring of Korean employees and employment of family members. Seoul 18 January 2001
No. 50953. Japan and Republic of Korea
Agreement between the Government of Japan and the Government of the Republic of Korea for cooperation in the peaceful uses of nuclear energy (with annexes protocol and agreed minutes). Tokyo 20 December 2010
No. 51478. United States of America and Republic of Korea
Agreement between the Government of the United States of America and the Government of the Republic of Korea concerning mutual airlift support utilizing aircraft operated by/for the military forces of the Parties in case of military hostilities in the Republic of Korea (with annexes). Daejeon 25 June 2004 and Belleville 6 July 2004