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Dr. Hwy-Chang Moon's picture

South Korea Must Provide a Better Business Environment to Attract Foreign Direct Investment

Foreign direct investment (FDI) in South Korea has grown continuously over the past two years and currently is at historical highs. However, challenges flowing from American President Donald Trump administration’s protectionist trade and reshoring policies and increasing competition from other countries proactively moving to enhance their respective business environments to attract FDI will challenge Korea’s ability to continue to successfully attract FDI. In order to remain an attractive destination for FDI, the Korean government needs to offer a more attractive business environment to foreign investors.