Friday, April 18, 2008

[Korea.net News, Opinion, December 21 2007] Korea aiming to become u-trade hub

By Shin Dongsuk, CEO of Korea Trade Net

Korea's trade volume exceeding $300 billion

Last year, Korea's export volume reached $325.4 billion and its import volume amounted to $309.4 billion.

Thanks to the robust trade, Korea ranked as the12th largest trading country. This year, in 2007, Korea is also expected to set another record trading year despite high oil prices and the strong Korean won.

* Preparing e-trade since 1990s

* Steady financial support needed to become e-trade hub

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