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The United States and South Korea boast one of the largest trade relationships in the world, with bilateral investment and trade totaling $1.6 trillion annually. South Korea’s friendly corporate tax system, close geographic location, and common culture of democratic principles make South Korea an excellent investment opportunity for American companies looking to expand their business profile.
U.S. Foreign Commercial Service, South Korea
U.S. Embassy Seoul
Tel: 82-2-397-4535
Fax: 82-2-739-1628
Email: office.seoul@trade.gov
U.S. Embassy in South Korea General Switchboard
Tel: +82-2-397-4114
Getting Started with U.S. Commercial Service
The U.S. Commercial Service (CS), part of the U.S. Department of Commerce’s International Trade Administration, offers companies a full range of expertise in international trade. Companies can find assistance locally in more than 100 U.S. Commercial Service offices nationwide and in more than 70 international offices.
Getting Started with the Department of Agriculture
The Foreign Agricultural Service (FAS) links U.S. agriculture to the world to enhance export opportunities and global food security. In addition to its Washington, D.C. staff, FAS has a global network of 98 offices covering 177 countries. These offices are staffed by agricultural attachés and locally hired agricultural experts who are the eyes, ears, and voice for U.S. agriculture around the world. FAS staff identify problems, provide practical solutions, and work to advance opportunities for U.S. agriculture and support U.S. foreign policy around the globe.
These reports on market conditions, opportunities, regulations, and business customs prepared at U.S. Embassies worldwide by the Department of Commerce Department, Department of State, and other U.S. agencies’ professionals.
The U.S. Department of State’s Investment Climate Statements provide country-specific information on the business climates of more than 170 countries and economies. They are prepared by economic officers stationed in embassies and posts around the world and analyze a variety of economies that are or could be markets for U.S. businesses of all sizes.
Overseas Security Advisory Council (OSAC)
In 1985, the Overseas Security Advisory Council (OSAC), a joint venture between the Department of State and the U.S. private sector, created by then Secretary of State George P. Shultz under the Federal Advisory Committee Act to interact on overseas security problems of mutual concern. Objectives of this joint venture are: to establish a continuing liaison between security officials in both the private and public sector; to provide for regular exchanges of information concerning developments in the overseas security environment; recommend methods for planning and implementation of security programs abroad; and recommend methods to mitigate risks to American private sector interests worldwide. These objectives remain in the current OSAC Charter.
Since its inception, SelectUSA has facilitated more than $78 billion in investment, creating and/or retaining over 95,000 U.S. jobs. In fiscal year 2019 alone, SelectUSA facilitated more than $18.5 billion in investment. We work with the U.S. and Foreign Commercial Service and entities across government to facilitate job-creating business investment into the United States and raise awareness of the critical role that economic development plays in the U.S. economy.
The United States describes its Indo-Pacific strategy as “an ironclad and enduring commitment to” a region that spans from the Pacific Ocean to the Indian subcontinent.
“The American people and the whole world have a stake in the Indo-Pacific’s peace and prosperity,” U.S. Secretary of State Mike Pompeo said in 2018 when he laid out the initiative. “It’s why the Indo-Pacific must be free and open.”
The initiative focuses on three areas — economics, governance, and security — and was a focal point when the secretary traveled to the region July 30–August 5. Pompeo’s first stop was Bangkok, where he met with foreign ministers from the Association of Southeast Asian Nations (ASEAN) and participated in the Lower Mekong Initiative. Pompeo also traveled to Australia and the Federated States of Micronesia.
Please call: (02)-397-4114
Outside of Office Hours, contact: (02)-397-4114
Outside of South Korea: +82-2-397-4114
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