Editing Foreign relations of Israel (section)

=== South Korea ===
{{Main|Israel–South Korea relations}}

The Republic of Korea and the State of Israel established diplomatic relations on 10 April 1962.<ref name="ROK_Israel" /><ref name="Israel_ROK">[http://www.mofat.go.kr/english/regions/meafrica/20070824/1_1357.jsp? RoK Ministry of Foreign Affairs and Trade] {{webarchive|url=https://web.archive.org/web/20130313165337/http://www.mofat.go.kr/english/regions/meafrica/20070824/1_1357.jsp |date=13 March 2013 }}. Retrieved 4 May 2010</ref> Israel opened its embassy in [[Seoul]] in April 1968, which was closed by the Israeli government in 1978. The embassy was reopened in January 1992, with Korea opening its resident embassy in [[Tel Aviv]] in December 1993.<ref name="ROK_Israel">[http://seoul.mfa.gov.il/mfm/web/main/document.asp?SubjectID=2010&MissionID=89&LanguageID=0&StatusID=0&DocumentID=-1 Israeli Ministry of Foreign Affairs]. Retrieved 4 May 2010</ref>

On 23 August 2010, Korea Venture Investment Corp. (KVIC), a South Korean state-backed fund and investment management company, signed a memorandum of understanding with Israel's Vertex Venture Capital (VVC) to raise a US$150 million fund, which will be used to finance joint ventures or the [[merger and acquisition]] of small and medium-size venture capital firms between the two countries.<ref>{{cite web|url=http://english.yonhapnews.co.kr/business/2010/08/23/0503000000AEN20100823006200320.HTML |title=S. Korea, Israel ink US$150 mln venture fund deal |language=ko |publisher=English.yonhapnews.co.kr |date=23 August 2010}}</ref>

The two countries signed a free trade agreement in May 2021, making South Korea the first East Asian country to forge a free trade deal with Israel.<ref>{{Cite news |date=2022-09-28 |title=Israel-South Korea free trade deal to take effect Dec. 1 |language=en |work=Reuters |url=https://www.reuters.com/markets/israel-south-korea-free-trade-deal-take-effect-dec-1-2022-09-28/ |access-date=2023-11-11}}</ref>