Polish president visits South Korea: audio report

Poland's President Andrzej Duda has started a four-day visit to South Korea for talks with his counterpart Yoon Suk Yeol and other officials about bilateral defense ties and business cooperation.

Polish President Andrzej Duda.

Photo: PAP/Piotr Nowak

The trip comes as trade between the two countries surpassed USD 10 billion in 2022.

🇵🇱🇰🇷 Współpraca gospodarcza, a także w zakresie przemysłu zbrojeniowego oraz relacje polsko-koreańskie były tematami rozmów Prezydenta RP @AndrzejDuda z Przewodniczącym Zgromadzenia Narodowego Republiki Korei Woo Won–shikiem. pic.twitter.com/FvhPiUTba1

— Kancelaria Prezydenta (@prezydentpl) October 23, 2024

Also, data show that South Korea is one of the countries with an overall trade volume of over USD 1 trillion and the fifth-largest exporter in the world.

Seul, Republika Korei 🇰🇷 | Para Prezydencka rozpoczyna oficjalną wizytę.

W czwartek oficjalne powitanie przez Prezydenta Republiki Korei Yoon Suk–yeola i jego Małżonkę. pic.twitter.com/n11w7jemdu

— Kancelaria Prezydenta (@prezydentpl) October 22, 2024

Poland enjoys a convenient location in the heart of Europe and boasts a growing economy. However, regional competitors are also interested in attracting South Korean companies.

"South Korea is currently the biggest Asian investor in Poland," says Paweł Szkudlarek, an attorney-at-law at the SPS Tax & Law firm specializing in assistance to South Korean investors.

Paweł Szkudlarek (second from left) speaking in Warsaw during a conference on Asian investment in Poland. Photo: Danuta Isler/Radio Poland

"The scale of investments, however, has gone slightly down in the past two years because some other countries in the region, including Hungary and Serbia, decided to take action to attract more Korean investments," Szkudlarek told Radio Poland's Danuta Isler in an interview.

Click on the audio player above to listen.