Asia-EU economic relations have entered into a new era, given that the EU's free trade agreement (FTA) deal with South Korea was implemented in 2011, then the EU and Japan's Economic Partnership Agreement entered into force on 1 February 2019 plus China's growing economic interactions with EU, notwithstanding pending Sino-EU Comprehensive Agreement on Investment (CAI). Against this background, Northeast Asia has now viewed Visegrád Four (V4) countries, namely, Hungary, Poland, Slovakia, and the Czech Republic, as a gateway to the EU. Investors from Taiwan, South Korea, China and Japan have greatly increased their investments in the V4 countries. Currently, the EU is Korea's third-largest trading partner and the largest foreign investor for the country, while Korea is the EU's 9th largest trading partner. South Korea-EU bilateral trade volume in 2020 recorded about 103 billion dollars, an increase of 3.8% compared to the previous year, despite the negative impact of the pandemics.