South Korea: strategies and opportunities

SPEARKER'S PRESENTATIONS

1. WELCOME REMARKS, KOREA ECONOMY AND RELATIONS WITH CANADA

H.E. Donghwan Choi
Consul General and Ambassador
Permanent Representative to the Council of ICAO of the Republic of Korea

2. QUEBEC’S STRATEGY AND KEY SECTORS OF INTEREST IN KOREA

Louis-Philippe Forget
International Business Advisor
Export Québec, ministère des Relations internationales, de la Francophonie et du Commerce extérieur

3. FUNDING YOUR BUSINESS ACTIVITIES IN SOUTH KOREA

Julien Richard
Director, International Trade
National Bank

4. KOREAN BUSINESS CULTURE

Jennifer B. Fletcher
Intercultural Trainer and Consultant
South Korea Specialist

5. THE SOUTH KOREAN TAX SYSTEM

Simon Davari
Partner
SdM Chartered Professional Accountants

6. A QUÉBEC EXPERIENCE WORKING WITH A CHAEBOL: THE HYUNDAI CASE

Martin Michaud
Independent Project Manager

7. SENSION TECHNOLOGIES’S EXPERIENCE IN KOREA

Richard Laberge
Executive Vice-President and Chief Marketing Officer
Sensio Technologies

The Activity in Brief

On November 27, our guest experts will address many aspects of conducting business in South Korea.

You will also be able to discuss their respective industries with the attending speakers and entrepreneurs, and to take advantage from their advice regarding the best business development strategies to leverage.

A UNIQUE OPPORTUNITY TO…

• Learn about the business opportunities South Korea offers;
• Discover the myths and facts;
• Assess your South Korean market development strategy;
• Listen to expert advice;
• Hear entrepreneurs share their experiences on this market.

WHY EXPAND TO THIS COUNTRY?

Asia presents the highest economic and growth potential in the world. The recent economic development of this region creates a climate favourable to bilateral trade. Within this space are countries which are already established powers and whose economic foundations are imposing. South Korea is a solid and industrialized economy, and boasts safe value for the business development of Quebec companies.

This country quickly managed to become an economic, technological and commercial power thanks to a unique development model. This country indeed depends on a large middle class, massive industrial investments, and an important body of leading and successful businesses. As the leader of the Asian Dragons group of countries, South Korea has perfectly integrated itself in the contemporary global economy. The country is home to tenors of mass-produced electronics, automotive assembly and metallurgy. It is the third Asian export market in importance for Canada, after China and Japan.

In numbers:

• A nominal GDP of U.S. $1,116 billion in 2011;
• A population of 48.9 million;
• The 13^th economic power in the world since 2008;
• Nearly $11.7 billion in bilateral trade with Canada in 2011;
• $5.08 billion in imports from Canada in 2010;
• Canada’s 7^th trade partner;
• Ranked 15^th in the Ease of Doing Business Index;
• One of the most open economies in the world, with a rate nearing 90%.

WHO SHOULD ATTEND?

• Transport;
• Construction and infrastructure;
• ITC;
• Agri-foods;
• Life sciences and medical equipment;
• Aeronautics;
• Healthcare;
• Green technologies;
• Defense and safety;
• Energy and natural resources.