A new survey finds that foreign investors feel that free trade agreements (FTA) are the biggest advantage when investing in South Korea.
According to the survey carried out by the Korea Trade-Investment Promotion Agency on 111 foreign investors, 18 percent of respondents picked FTAs as the biggest strength South Korea has as an investment destination.
Other advantages that foreign investors picked were strategic geographical conditions, the government’s active support and outstanding labor force.
On South Korea’s weaknesses as an investment destination, 26 percent picked the narrow domestic market, followed by North Korea-related risks, government regulations and the consistency of policies, and labor-management issues.