Czech_Republic–South_Korea_relations

Czech Republic–South Korea relations

Czech Republic–South Korea relations

Bilateral relations


Czech Republic–South Korea relations are foreign relations between the Czech Republic and South Korea.

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History

The foreign relations between the Czech Republic and South Korea were established on March 22, 1990.[1]

In November 2018, South Korean President Moon Jae-In vowed to expand bilateral cooperation with the Czech Republic. While visiting Prague en route to a G20 summit, Moon and Czech Prime Minister Andrej Babis agreed to seek increase cooperation into various new sectors, including artificial intelligence.[2]

In November 2020, South Korea, along with Russia, bid for the $6.74 billion construction of the Dukovany Nuclear Power Station, of which the groundbreaking is scheduled for 2029 and the project are forecast to completed in 2036.[3][4] The CEO of the Czech power utility CEZ Daniel Benes said that the winner would be selected by the end of 2022.[5]

Zuzana Stichova, the head of the Czech Foreign Ministry’s Public Affairs Bureau, raised questions about South Korea's law against anti-Pyongyang leaflets which had passed in December 2020. She projected that there will be intra-E.U. discussions on Seoul's measure in the near future, implying that it may become an agenda item not only in the Czech Republic but also in the European Union.[6]

Migration

As of 2018, there were 2,673 South Korean citizen with a residence permit in the Czech Republic.[7]

Trade and economy

Hyundai Motor Manufacturing Czech – major South Korean investment in the Czech Republic

As of 2015, South Korea was Czech Republic's third largest business partner outside the EU. In 2015, the Czech Republic and South Korea signed a strategic partnership agreement with the aim stated by Czech prime minister Sobotka to expand business ties beyond the sphere of car manufacture into defense, infrastructure and nuclear power, as well as rail transportation.[8] In 2018, bilateral trade between the two countries neared $3 billion.[9]

In terms of tourism, South Korea is the Czech Republic's eight-largest source of visitors as of 2019, with 416,000 nationals visiting the country, following 417,000 in 2017 and 325,000 in 2016. In 2019, the Czech Republic applied a program to automate immigration clearance for South Koreans; consequently, South Korea is the only non-European Union country, whose nationals are eligible for the e-gate clearance system.[10]

Diplomatic missions

South Korean embassy in Prague
  • The Czech Republic has an embassy in Seoul.
  • South Korea has an embassy in Prague.

See also


References

  1. "Ministry of Foreign Affairs, Republic of Korea". Ministry of Foreign Affairs. Archived from the original on 2013-12-24.
  2. "South Korea and Russia Likely to Vie for Dukovany Nuclear Power Station". Businesskorea (in Korean). 2020-11-23. Retrieved 2021-01-10.
  3. "Czech Republic - Czechia". Archived from the original on 2016-10-01. Retrieved 2016-06-22.

Further reading


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