The Embassy of the Republic of Korea and the Korea Trade and Investment Promotion Agency (KOTRA) held the Korea–El Salvador Business Forum, an event designed to strengthen economic cooperation and promote bilateral trade opportunities.

Led by KOTRA, the business roundtable showcased investment and partnership possibilities with Korean companies in sectors such as polyester and PET plastic strapping, cosmetics, pharmaceuticals, veterinary products, Botox and hyaluronic acid, auto parts, and used vehicles.

The initiative seeks to expand awareness of the business potential offered by the Free Trade Agreement (FTA) between Korea and Central America. “Since the signing of the Free Trade Agreement, we have witnessed significant growth in trade between both regions,” stated Korean Ambassador Kwak Taeyeol.

During the forum, representatives from KOTRA, the Korean company DONGBU, Invest in El Salvador, and the Chamber of the Textile, Apparel, and Free Trade Zones of El Salvador (CAMTEX) discussed key topics such as leveraging the FTA and improving the investment environment in El Salvador.

According to data from the Central Reserve Bank, El Salvador exported more than $43 million to Korea and imported over $300 million in goods, including automobiles and steel. This event reaffirms both nations’ commitment to strengthening trade, investment, and industrial cooperation in strategic sectors.