A method and apparatus for a mobile communication terminal to recognize a target mobile communication terminal using a location recognition system. The method includes acquiring own location information of the mobile communication terminal; creating identification verification information using the location information, the identification verification information containing an identification formula for identifying the target mobile communication terminal as a target of communication; transmitting the created identification verification information to at least one other mobile communication terminal within a communication coverage area; receiving an identification response packet from the at least one other mobile communication terminal which has received the identification verification information, the identification response packet indicating whether the other mobile communication terminal is a target mobile communication terminal; and determining the target mobile communication terminal based on the received identification response packet.