Friday 27 March 2015

Guest post: South Korea deepens business ties in the Middle East | beyondbrics

Guest post: South Korea deepens business ties in the Middle East | beyondbrics:



"Over the last half century, the Middle East has been a cornerstone in South Korea’s rapid economic development, or what has become known as the ‘miracle on the Han river’ – a reference to the waterway that carves its way through Seoul. 




Korean expertise in fields such as transportation, construction and technology can help the Middle East accelerate towards a future beyond oil. The relationship has deep historical roots.



Entrepreneurial Arab merchants first traded on the Korean peninsula in the seventh century. Returning westwards, these merchants spread the name ‘Korea’ to Europeans, who had difficulty with the pronounciation of the Goryeo dynasty, which ruled modern day Korea from 918 to 1392."



'via Blog this'

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