Panama–South Korea relations



Panama – South Korea relations are bilateral relations between Panama and South Korea, which were established in 1962. Panama has an embassy in Seoul. South Korea has an embassy in Panama City.

Both countries are members of the United Nations.

The Panama-Korea Association was established in 2012 with the purpose of promoting and strengthening commercial, academic, cultural and friendship links between both countries.

High level visits
2010 was an important year for bilateral relations. In June, South Korean President Lee Myung-bak visited Panama. Later, in October, he received his Panamanian counterpart Ricardo Martinelli at Cheong Wa Dae for summit talks.

Trade
In 2021, Panama's exports to South Korea amounted to $380 million. South Korea is the third largest export partner of Panama.