Korea and Uzbekistan: (un)ethical investment

Author: James Rose, Ethical Corporation, Published on: 20 July 2005

Despite progressive ethical practices at home, Korean companies are surprisingly keen to do business with the oppressive regime in Uzbekistan. Even the World Bank and the European Bank for Reconstruction and Development, neither averse to investing in dodgy regimes, have backed away from investments in Uzbekistan. [refers to Daewoo International, Samsung, Korean Air (part of Hanjin Group), Asiana Airlines, LG, Posco]

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Related companies: Daewoo International (part of Posco) Hanjin Group Korean Air (part of Hanjin Group) LG Electronics (part of LG Corp.) Posco Samsung