ECCK Submits 70 Investment Improvement Proposals to KOTRA
"2025 European Chamber of Commerce in Korea White Paper" Delivered
Improvements Proposed for Automotive and Energy Systems and Regulations
The Foreign Investment Ombudsman under the Korea Trade-Investment Promotion Agency (KOTRA) announced on September 29 that it had received the "2025 European Chamber of Commerce in Korea White Paper" from the European Chamber of Commerce in Korea (ECCK), and stated that it would review improvement measures in cooperation with relevant government ministries going forward.
Exterior view of the headquarters of the Korea Trade-Investment Promotion Agency (KOTRA). Provided by KOTRA
View original imageEstablished in 1990, the Foreign Investment Ombudsman is an official body currently operating under KOTRA, dedicated to promptly receiving and addressing the difficulties faced by foreign-invested companies in Korea, thereby contributing to the improvement of the investment environment.
The ECCK collects suggestions from its member companies and publishes a white paper each year containing recommendations for improving Korea's investment environment. This year’s white paper includes 70 proposals submitted by European-invested foreign companies. The recommendations for this year include institutional improvements to expand eco-friendly mid- and large-sized vehicles, enhancing access to innovative pharmaceuticals, and easing regulations on renewable energy, among other issues.
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Kim Dusik, the Foreign Investment Ombudsman, stated, "Foreign-invested companies contribute to the stability of supply chains, technology transfer, job creation, and the overall economy as well as future innovation sectors. We will actively review the recommendations in this year’s white paper with the relevant ministries to further improve the business environment for foreign-invested companies."
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