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Article

20 Jul 2005

Author:
James Rose, Ethical Corporation

Korea and Uzbekistan: (un)ethical investment

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]