Ambassador Jim Bae of South Korea announced that Korean investors are interested in assembling TVs and other appliances in the DR for export to Central America and the Caribbean. The Koreans seek to take advantage of the free trade agreements soon to go into effect. During the announcement of Expo Korea to open this Thursday, March 22 at the Museum of Dominican Man, the director of the Trade Office of South Korea in the DR, Kook Bo Yang told the press that growing economy and the investment climate are attractive to Korean investors. He commented that bilateral trade is now at US$200 million, with US$155 million of Korean merchandise imported in 2000, and US$45 million of Dominican exports to Korea. Two Korean brands are popular here, LG and Samsung. Expo Korea will last through Sunday, 25 March.
