Letter from the Ambassador of Korea to Spain:
Mr. Soosuk Lim
Since the establishment of diplomatic relations in 1950, Korea and Spain have steadily developed a relationship of friendship and cooperation across various fields: politics, economy, trade, culture, science and technology, energy, and tourism.
Today, both countries are strategic partners that share universal values and are expanding their cooperation at bilateral, regional, and global levels.
Economic cooperation between the two nations has shown remarkable dynamism in recent years.
In 2025, the volume of bilateral trade exceeded $6 billion, reaching an all-time high, and bilateral investment has also risen steadily to around $5.5 billion. Building on this quantitative expansion of trade and investment, Korea and Spain are rapidly broadening their cooperation. This growth spans established sectors—such as electric vehicle batteries, advanced manufacturing, logistics, and renewable energy—and extends toward strategic cutting-edge industries and new growth drivers, including artificial intelligence, biotechnology and healthcare, the defense industry, digital transformation, and the cultural content industry.
Korea and Spain possess a high degree of complementarity based on their distinct strengths. Companies from both nations are already achieving concrete results together across various fields, including joint ventures in third-country markets.
In an era characterized by significant international and economic uncertainty, cooperation with reliable partners is more important than ever. I am convinced that Korea and Spain are ideal partners, capable of combining their expertise and experience to generate even greater synergy.
The Spain-Korea Chamber of Commerce has played a significant role in strengthening bilateral economic cooperation, acting as a bridge between entrepreneurs and economic stakeholders from both countries. I am confident that the Chamber will continue to serve as a vital meeting point for sharing valuable information and networking, creating new business opportunities for companies in both nations and further deepening the economic ties between Korea and Spain.
