The EU-South Korea Free Trade Agreement provides strong opportunities for Irish firms willing to make the commitment needed for export success. South Korea is the 12th largest economy in the world and the 4th largest in Asia-Pacific. It is home to some of the world’s biggest conglomerates including Samsung and Hyundai. It is a leading global exporter of semiconductors, telecommunications equipment, automobiles, chemicals, ships and consumer electronics. The country leads the world in broadband internet penetration and has one of the world’s highest rates of internet and mobile telephone use.