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OECD Ministers Address Transport Resilience Amid Global Uncertainty

by Robert Van Pash (Editor)
May 22, 2025
in International Transport Forum
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OECD transport ministers gather to discuss transport resilience amid global trade uncertainties, cli...

Kim Young-tae (far right), secretary general of the International Transport Forum, speaks at a press conference marking the opening of the 2025 ITF Summit at the Congress Center in Leipzig, Germany, on Wednesday. (Screengrab of ITF's official YouTube channel)

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South Korea’s tourism sector is poised for a significant rebound, fueled by eased COVID-19 restrictions and aggressive promotional campaigns targeting international visitors. The country is strategically aiming to attract 30 million foreign tourists annually by 2027, injecting a projected $30 billion into the economy. This ambitious goal hinges on diversifying tourist demographics beyond the current reliance on Asian markets, with a particular focus on attracting visitors from North America, Europe, and the Middle East.

A cornerstone of this revitalization strategy is the "Visit Korea Year 2023-2024" initiative, designed to showcase the nation’s rich cultural heritage, vibrant K-Pop scene, and cutting-edge technology. This includes expanding tourism infrastructure in regional areas, developing unique tourism products that cater to diverse interests, and streamlining visa processes to facilitate easier entry for travelers.

Beyond traditional sightseeing, South Korea is actively promoting medical tourism, offering advanced healthcare services coupled with cultural experiences. Luxury tourism is also a key target, with high-end accommodations, Michelin-starred dining, and exclusive experiences being heavily promoted. Moreover, significant investments are being made in digital tourism platforms, enhancing online accessibility and providing personalized travel information to potential visitors. This includes leveraging social media and influencer marketing to create buzz and generate interest in South Korea as a desirable travel destination.

The government is also focusing on sustainable tourism practices, aiming to minimize the environmental impact of increased visitor numbers. This involves promoting eco-friendly transportation options, supporting local businesses, and educating tourists about responsible travel behaviors. Safety and security measures are also being enhanced to ensure a positive and worry-free experience for all visitors. The overall strategy reflects a comprehensive and multi-faceted approach to reinvigorate South Korea’s tourism industry and solidify its position as a leading global travel destination.

Key Points

  • Target of 30 million foreign tourists annually by 2027.
  • Projected economic injection of $30 billion from tourism.
  • "Visit Korea Year 2023-2024" initiative.
  • Focus on diversifying tourist demographics beyond Asian markets.
  • Promotion of medical tourism, luxury tourism and digital tourism.
  • Investments in expanding tourism infrastructure in regional areas.

Read the Complete Article.

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