Hub of Northeast Asia : Korea

Korea’s geographical location offers unique advantages to those interested in doing business with Northeast Asia.

Located between China and Japan, Korea allows easy and convenient access to the world’s leading economies of dynamism and sophistication. From Seoul, it takes less than two hours to fly to Beijing, Shanghai, Tokyo and Osaka.

And, in fact, from Korea, in 3 hours or less of flight, one can reach as many as 43 cities with a population of 1 million or more people.

Seoul sits in the center of the world’s most dynamic region. Northeast Asia is home to 1/4 of the world’s population and generates nearly as much GDP (22% as of 2006). By 2020 this region will account for 1/3 of the world economic production.

From the ancient past, we can find evidence for such geographical advantage. Korean traders actively used the Silk Road of Northeast Asia and opened new trade routes to Southeast Asia, Persia, and the Arabic world. The word ‘Korea’ comes from the name “Goryeo” – the dynasty that initiated these long-distance trades in the 10th through the 14th century.

In the near future, we hope to see Korea connected by land even with Europe. If and when the inter-Korean railways are restored, connecting Seoul-Wonsan, Seoul-Sineuiju, and Yangyang, Seoul will be directly connected to Mainland China, Siberia, and Europe by land.