Korean companies have become particularly active in the Visegrad Four countries and engines of the region’s economic development over the recent period, South Korean President Moon Jae-in said in Budapest on Wednesday.
Addressing a V4-Korea Business Forum, the president said that the Republic of Korea and Hungary had developed mutual confidence, which may give a boost to post-pandemic economic recovery. Despite the pandemic, two-way trade continued to increase last year and another major rise is expected this year, he said. South Korea has a vested interest in close cooperation with the Visegrad countries which it considers bridges towards Europe, Moon Jae-in said. The president said that the V4 countries and South Korea could cooperate in manufacturing batteries for electric cars, in the digital, green and health industries, and in infrastructure projects.
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