Korean firms prepare to resume business in Russia amid truce talks

Korean firms prepare to resume business in Russia amid truce talks
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www.koreatimes.co.kr/www/tech/2025/03/419_39511…

If the two countries reach a complete truce or peace agreement, sanctions on Russia will likely be lifted, allowing Korean firms to resume business there.

With a population of over 140 million, Russia is a significant market with a strong preference for Korean products and serves as a strategic hub connecting Central Asia and Europe. According to data from the Ministry of Foreign Affairs, bilateral trade between Korea and Russia reached $29.9 billion in 2021, with Russia ranking as Korea’s 12th-largest export market at the time.

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3 Comments

And this is the end of the Hyundai brand in Europe.

it should be, but dont underestimate humanity

South Korea is letting Ukraine down.

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Let this just be a lesson to you all. There is no moral company, and I mean no in the most absolute of sense. Companies aren't moral by design, and they will gladly make a penny on dead Ukrainians. The only reason they aren't currently, is because it's not cost effective enough.

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[deleted]

Koreans: "Uncle Pu, take some money for your Ukrainians killing hobby"

Koreans, don't be like that. Be like normal decent humans.