Panama–South Korea relations are bilateral relations between Panama and South Korea, which were established in 1962. Panama has an embassy in Seoul.[1] [2] South Korea has an embassy in Panama City.[3]
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.[4]
In June 2010, 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.[5]
In 2021, Panama's exports to South Korea amounted to $380 million. South Korea is the third largest export partner of Panama.[6]