Areas of Trade and Investment Cooperation Between Poland and the Republic of South Korea. Current State and Perspectives Cover Image

Obszary handlowej i inwestycyjnej współpracy Polski i Republiki Korei Południowej. Stan obecny i perspektywy
Areas of Trade and Investment Cooperation Between Poland and the Republic of South Korea. Current State and Perspectives

Author(s): Michał Jezioro
Subject(s): Politics / Political Sciences, Politics, National Economy, Supranational / Global Economy, Business Economy / Management, Energy and Environmental Studies, Governance, Economic policy, Government/Political systems, International relations/trade, Welfare systems, Political economy, Geopolitics
Published by: Wydawnictwo Naukowe Dolnośląskiej Szkoły Wyższej
Keywords: Republic of South Korea;trade cooperation;investment cooperation;

Summary/Abstract: Republic of South KoreaThe article tries to show the increasingly important role of the Republic of Korea and the East Asia region in the foreign and economic policy of the Republic of Poland. The study tried to prove that the region of East Asia, especially the Republic of Korea, is beginning to play an increasingly important role in Poland's foreign policy and Polish decision-makers are beginning to move the region and this country higher on the list of active foreign policy priorities. This policy aims mainly to activate and increase trade, open new markets and cooperate in the acquisition and development of new technologies. In the context of economic cooperation, the paper pays special attention to the enormous potential of Korea and the East Asia region in the field of innovation, research and development of new technologies. The cooperation platform remains for mutual investments in areas such as the electronics industry, production in the field of electromobility, high-speed railways, transport and aviation infrastructure, nuclear electricity, military and shipbuilding industry, and on the Polish side, the pharmaceutical, cosmetics, food and computer games industries. In addition, the article deals with the challenges that this economic cooperation has to face. The lack of educated brands of products associated with Poland, staff shortages (lack of language qualifications and cultural competences), geographical distance, high costs of running a business, reluctance or lack of capital opportunities to incur long-term costs related to product promotion are the main challenges for the Polish entrepreneur.

  • Issue Year: 15/2021
  • Issue No: 2
  • Page Range: 139-158
  • Page Count: 20
  • Language: Polish