Embassy of the Republic of Korea in Ireland

Diplomatic Relations

• 1983.10.4 Establishment of diplomatic relations
• 1987.7.10 Opening of the Korean Embassy in Ireland
• 1989.9.2 Opening of the Irish Embassy in Korea

Trade and Investment

Trade

• Since the entry into force of the Korea-EU FTA in July 2011, bilateral trade between Korea and Ireland has been on a constant rise. (in million US dollars)
  

  Year	2017	2018	2019	2020	2021	2022
  Korean Exports to Ireland	693	650	650	924	990	823
  Ireland Exports to Korea	1148	1172	1189	1145	1209	1381
  Total Volume of Trade	1841	1822	1839	2069	2199	2204

  Sources: Korean International Trade Association

Investment

• In 2019, Ireland was Korea's 23rd largest investment destination. The accumulated investment in Ireland recorded about 6.6 billion dollars.

High Level Visits

• Korea and Ireland have witnessed a number of high-level visits by ranking officials. President Mary McAleese('05), Minister Varadkar('13), Minister Fitzgerald('14), Minister Madigan('19), Minister Creed('19) are just some of the Irish dignitaries who have made a visit to Korea. On the Korean side, Foreign Minister Ban Ki-moon('04), Minister of Knowledge-based Economy Choi Kyoung-hwan('10) have made a visit to Ireland in their official capacity. In 2018, Prime Minister Lee Nak-yon visited Ireland.

Bilateral treaties

• Visa waiver treaty (entered into force on July 12th, 1989)
• Convention for the avoidance of double taxation avoidance (entered into force on July 18th, 1990.7.18)
• Agreement on cooperation in economic, industry, science and technology (entered into force April 15th, 1994)
• Social Security Agreement (entered into force on January 1st, 2009)
• Agreement on Working Holiday Visa (entered into force on March 9th, 2010)

Korean residents in Ireland

• As of 2021, there are approximate 1,200 Korean residents in Ireland, but as most of them are short term English students, the numbers and residents themselves tend to change very often.

Korea Ireland Relations on the Global Stage

• Korea and Ireland have maintained a strong link on the global stage where they have shared vision on many issues. Both countries are committed members of the UN and have contributed to the UN peacekeeping operations. As concurrent members of the OECD Development Assistance Committee, the two countries also seek to contribute to global poverty eradication. (Note: In 2019, Korea's ODA amounted to USD 6,285 million)