Why Korea?

South Korea is the worlds 12th largest economy, and fourth largest
in Asia. The South Korean economy will be the 10th largest
contributor to world growth over the next ve years, comparable to
that of the UK, and greater than France or Italy.

Over the past 10 years (2004-2013) UK goods exports to South
Korea have risen 232 per cent. In 2012, South Korea made the
single largest contribution to UK goods export growth, which was
followed by exports reaching a new historical peak in 2013.
South Korea is the third largest market in Asia/Oceania for UK
exports (excluding the transport hub of Hong Kong) and the 13th
worldwide overall. Over the last 45 years, the UK has been the
second largest EU investor in South Korea, in cumulative terms.

Korean Marine Sector
While the Korean leisure marine industry is at an early stage of
development, it is currently experiencing rapid growth and has the
potential to develop into an important market for UK products.

With continued growth, there may be signicant potential in the
market for UK luxury boat, yacht and accessory products, as well
as in the elds of marina design, investment and operation. British
yacht makers such as Princess Yacht, Fairline and Sunseeker have
already established representation in the Korean market.
Attend this event and hear from:
UK Ambassador to the Republic of Korea, HMA Scott Wightman
David Lee, CEO of the British Chamber of Commerce in Korea

There will be the opportunity to receive tailored one-to-one advice
with market experts and learn about the opportunities available for
UK companies in South Korea, particularly in the marine sector.
If you would like to book onto this event or nd out more contact us:

UKTI Overseas Events Team
T: +44 (0)1489 661 405
E: overseas@uktisoutheast.com
Date: Wednesday 3 September 2014

Time: 09:30 - 15:00
Venue: Holiday Inn, Herbert Walker Ave,
Southampton, SO15 1HJ
Cost: Free to attend
Book now
www.gov.uk/ukti
www.twitter.com/ukti_londonSE
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Eligibility
Companies must be based in South East or one of
Londons 33 boroughs. Maximum of two delegates
per company may attend.
Opportunity Korea
Strengths of the Korean economy:
World leader in electronics, shipbuilding, steel and
automotive;
Ranked rst in Bloombergs Global Innovation
Index 2014;
Nearly three quarters (74 per cent) of South
Koreans undertake postgraduate-level education
with 7 per cent of GDP spent on education;
Highest level of broadband penetration in the
world, with speeds of 100 megabytes;
Leads the world in 4G mobile usage with plans to
invest $1.7 billion in 5G by 2020;
10 Free Trade Agreements (FTA) currently in place
and 11 more under negotiation.
Image Source: Thinkstock