The Republic of Korea (RoK) will further boost trade ties with mem♎ber countries of the Association of Southeast Asian Nati🍸ons (ASEAN) in a bid to beef up exports amid the global economic 🎶downturn.
The move was made when the RoK’s export volume to the Euroꦚpean Union (EU) and the global markets tumbled partly 🌠due to th🤡e prolong Eurozone debt crisis, the RoK Ministry of Knowledge Economy elaborated in its statement 🍬issued on October 16.
The country’s꧃ export revenue in the first n♏ine months of this year suffered a year-on-year decline of 1.5 percent to 408.4 billion USD, according to the ministry’s statistics.
Of which, the RoK’s exports to the EU hav🔥e been sluggish with the cu💎rrent 9.4 percent, down from 10.3 percent in 2010, while the figure to C🦄hina, the country’s biggest export market, also saw a gradual decrease.
Meanwhile, the RoK’s exports to the ten ASEAN member count🍰ries have been gearing from 10.9 percent 🦋in 2010 to 11.6 percent in 2011 and to the current 12.1 percent, despite the globa🎃l economic turbulence.
The ministry forec𓄧asts🧸 that the country’s export performance to ASEAN countri🌸e👍s will be further driven in the years to come.-VNA
The move was made when the RoK’s export volume to the Euroꦚpean Union (EU) and the global markets tumbled partly 🌠due to th🤡e prolong Eurozone debt crisis, the RoK Ministry of Knowledge Economy elaborated in its statement 🍬issued on October 16.
The country’s꧃ export revenue in the first n♏ine months of this year suffered a year-on-year decline of 1.5 percent to 408.4 billion USD, according to the ministry’s statistics.
Of which, the RoK’s exports to the EU hav🔥e been sluggish with the cu💎rrent 9.4 percent, down from 10.3 percent in 2010, while the figure to C🦄hina, the country’s biggest export market, also saw a gradual decrease.
Meanwhile, the RoK’s exports to the ten ASEAN member count🍰ries have been gearing from 10.9 percent 🦋in 2010 to 11.6 percent in 2011 and to the current 12.1 percent, despite the globa🎃l economic turbulence.
The ministry forec𓄧asts🧸 that the country’s export performance to ASEAN countri🌸e👍s will be further driven in the years to come.-VNA
