Panama–South Korea relations

Panama–South Korea relations are bilateral relations between Panama and South Korea, which were established in 1962.[1] Panama has an embassy in Seoul.[2][3] South Korea has an embassy in Panama City.[4]

Panama-South Korea relations
Map indicating locations of Panama and South Korea

Panama

South Korea
President Lee Myung-bak (l) and President Ricardo Martinelli (r) during their visit to the Panama Canal locks in Panama City, June 2010[1].

Both countries are members of the United Nations.

The Panama-Korea Association was established in 2012 with the purpose of promoting and strengthening commercial, academic, cultural and friendship links between both countries.[5]

High level visits

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In June 2010, South Korean President Lee Myung-bak visited Panama. Later, in October, he received his Panamanian counterpart Ricardo Martinelli at Cheong Wa Dae for summit talks.[1]

Trade

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In 2021, Panama's exports to South Korea amounted to $380 million. South Korea is the third largest export partner of Panama.[6]

See also

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References

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  1. ^ a b c Korea, Panama agree to strengthen bilateral cooperation - 20 October 2010
  2. ^ Embassy of Panama in Seoul - Retrieved 21 October July 2019.
  3. ^ Embassy of Panama - Ministry of Foreign Relations, Panama
  4. ^ Embassy of the Republic of Korea in Panama City - Retrieved 21 October July 2019.
  5. ^ Asociación Panamá-Corea
  6. ^ "Phanama Exports by country and region 2021". World Integrated Trade Solution.