South Korea

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About South Korea

South Korea is an East Asian nation on the Korean Peninsula. It is a small strip bordering North America on the eastern tip of china.

Post-Korean War, the country though the economy initially dipped, it rose very fast. It is one of the G20 major economies. It is a developed country with a high-income economy and is part of the OECD. Many well-known brands come from South Korea. The country is famous for Quality Electronics, Manufactured goods, and Ship Building. They are also one of the most technologically advanced countries in the world.

Country Facts

 

Basic Details
RegionASEAN
Capital CitySeoul
Government TypeUnitary presidential constitutional republic
Official LanguagesEnglish, Korean
CurrencySouth Korean won, KRW
Phone Code +82
Important CitiesBusan, Incheon, Daegu, Daujeon, Gwangju, Suwon, Ulsan, Changwon, Seongnam, Ulsan
National DaySamiljeol (1st Mar)
Economy
Ease of Doing Business Ranking5 (Very Easy)
Primary Industrieselectronics, automobiles, telecommunications, shipbuilding, chemicals and steel electronic goods as well as semiconductors, with globally popular brands such as Samsung Electronics Co Ltd and Hynix Semiconductor (SK Hynix Inc) Electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
Major Exportssemiconductors, petrochemicals, automobile/auto parts, ships, wireless communication equipment, flat displays, steel, electronics, plastics, computers.
Major Exports to IndiaMetals, Fuels, Chemicals, Textiles and Clothing, Raw materials, Machinery and Electricals, Food Products, Minerals, Vegetables, Stone and Glass
Major Importscrude oil/petroleum products, semiconductors, natural gas, coal, steel, computers, wireless communication equipment, automobiles, fine chemicals, textiles
Major Imports from IndiaMetals, Fuels, Chemicals, Textiles and Clothing, Raw Materials, Machinery and Electricals, Food Products, Minerals, Vegetables
Foreign Relations
Trade Agreements with IndiaComprehensive Economic Partnership Agreement (CEPA), Free Trade Agreement (FTA)
Bordering NationsNorth Korea, Japan
Member ofAsian Infrastructure Investment Bank(AIIB), Asia-Pacific Economic Cooperation(APEC), Antarctic treaty system(ATS), East Asia Summit(EAS), Group of 20(G20), International Monetary Fund(IMF), Organisation for Economic Co-operation Development(OECD), Uniting for Consensus(UFC), United Nations(UN), Asia-Pacific Trade Agreement(APTA), World Trade Organization(WTO), Pacific Economic Cooperation Council(PECC), Association of Southeast Asian Nations(ASEAN)
Indian Embassy DetailsH.E. Sripriya Ranganathan
Honourable Ambassador
Embassy of India
6, Munsudong, District Daedonggang, Pyongyang, DPR Korea
Email: amb.pyongyang@mea.gov.in
Phone: 00-850-2-3817215, 3817274 
Embassy Details in IndiaH.E. Mr. SHIN Bongkil
Honorable Ambassador
Embassy of the Republic of Korea
9 Chandragupta Marg, chanakyapuri Extension, New Delhi-110021, India.
Email: india@mofa.go.kr
Phone: +91-11-4200-7000