By Lee Kap-soo The 27th Korea-Latin America Business Forum was held at COEX in Samseong-dong, Seoul, in collaboration with the Ministry of Trade, Industry and Energy, the Korean Council on Latin America & Caribbean, the Korea Institute for Foreign Economic Policy, and the Overseas Construction Association. The event was attended by Han Byung-kil, chairman of the Korean Council on Latin America & Caribbean, Park Duk-ryul, director general for cross-border investment policy of the Ministry of Trade, Industry and Energy, Kim Ko-hyun, executive vice president of KITA, and Amb. Athanasio Ko
By Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Martin Henkelmann) awarded Continental Korea, dob Studio and Nuvilab as innovators of the year at the ‘9th KGCCI Innovation Awards’ on November 9 at the Banyan Tree Club and Spa Hotel in Seoul. Officially supported by the Korean Ministry of Trade, Industry and Energy (MOTIE) and Ministry of SMEs and Startups (MSS), the KGCCI Innovation Awards, initiated in 2015, are to support companies that create value in the Korean market through innovative products, processes, and technologies, while also promotin
By Lee Jon-young President Yoon Suk-yeol delivered a keynote address to the 78th session of the United Nations General Assembly on Sept. 20, calling the international community's attention to the illegality and danger of the military deal between North Korea and Russia and calling for a united response. In addition to expressing his country's willingness to actively contribute to resolving challenges such as global disparities, President Yoon also called for support for the 2030 Busan World Expo (Busan Expo). President Yoon said at the General Debate on the floor of the UN General Assembly in
By Lee Kap-soo Kim Kyong-hae, CEO of Communications Korea, has published a book on public relations (PR) titled, 'Dream and success of a PR Person'. The author, Kim Kyong-hae, is considered a pioneer in the Korean PR industry, combining practice and theory. As the person who elevated 'PR' to an 'industry' in Korea, Kim led the development of the Korean PR industry while serving as the chairman of the Korea PR Association (KPRA) and the chairman of the Korea Public Relations Consultancy Association (KPRCA). He also served as a reporter for The Korea Herald and Korea correspondent for Reuters be
By Kayla Lee A delegation of the Gyeongsangnam-do Provincial Assembly visited the Vientiane Provincial Government Office in Laos and signed a friendship exchange agreement for friendship and mutual cooperation on Nov. 2. The signing took place at the Vientiane Provincial Government Office Building in Vientiane, Laos, where 11 members of the Gyeongnam Provincial Assembly, including Speaker Kim Jin-bu, visited the government building on behalf of the Gyeongnam Provincial Assembly. This event was proposed at a meeting with the Vientiane Provincial Assembly during the Parliamentary Steering Commit
By Lee Kap-soo “India is organizing the vibrant Gujarat 2024, when India is going to celebrate its 100th year of independence in 2047,” said Ashwini Kumar, principal secretary of the Urban Development & Urban Housing Department, the Government of Gujarat in India. Delivering the Gujarat presentation held at Lotte Hotel in Seoul on Nov. 7, Ashwini Kumar said, “India is the world's 5th largest economy with the largest working age population, and she is a preferred investment destination. India has consistently outpaced the global GDP growth and is poised to become the third largest economy o
By Lee Kap-soo The following article was contributed by the Embassy of Uzbekistan in Seoul to the Diplomacy Journal.--Ed. For the first time in history, in the capital of Uzbekistan will take place a summit of the Economic Cooperation Organization. The summit of the Economic Cooperation Organization (ECO) will be held in Tashkent on 8-9 November. Our country has been a member of the organization since November 1992, but this is the first time in the history of independent Uzbekistan and this association that a multilateral summit within the framework of the ECO is being held on Uzbek soil. The
By Lee Kap-soo Chinese Ambassador to South Korea Xing Haiming said on Oct. 13, “Korea and Shandong Province will see greater possibility and chances in bilateral trade and economic cooperation in the future.” Delivering a congratulatory speech at the 2023 Dialogue – Korea, Shandong industrial cooperation exchange event held at Hotel Shilla in Seoul, Chinese Ambassador Xing Haiming said, “Shandong Province is the most active region for logistics activities in China. Accordingly, the province is in a leading position in expanding and accelerating business and economic cooperation between Korea a
By Kayla Lee The Gyeongsangnam-do (Gyeongnam) delegation, headed by Governor Park Wan-soo, attended the 'Korean American-Gyeongnam Businessmen's Meeting' in Orange County, California, U.S.A., together with the Korean American Chamber of Commerce of Orange County, U.S.A., for friendly exchanges with Korean businessmen on Oct. 9. The meeting was attended by 25 people, including Gyeongsangnam-do Governor Park Wan-soo, Gyeongnam Chamber of Commerce Federation President Koo Ja-cheon, Orange County Korean Chamber of Commerce President Noh Sang-il, and World Korean Business Congress Co-Chairman Yoon
By Lee Jon-young "Our defense industry is writing a new history by creating something out of nothing," said President Yoon Suk-yeol on Oct. 17 at the opening ceremony of the Seoul International Aerospace and Defense Exhibition (AEDX) 2023. In his congratulatory remarks, Yoon said, "The country that used to rely on aid and imports has now made a leap to the level of producing and exporting state-of-the-art fighter jets." "The weapons you see behind me are the products of your passion and challenges," he said, introducing a number of Korean-made weapons, including the KF-21 supersonic fighter, t
By Lee Kap-soo Hyundai Motor Group announced its campaign to promote the South Korean city of Busan’s bid to host the 2030 World Expo on Oct. 6 by displaying specially designed art cars in Paris, France, where the Bureau International des Expositions (BIE) is headquartered. The campaign continues the group’s global support for Busan’s bid, this time for the Busan Expo Symposium and K–Pop concert in Paris from October 9–15. To emphasize Busan’s commitment to hosting a carbon–neutral World Expo, the group is providing the Korean delegation with 10 art cars, including two all–electric models, Hyu
By Lee Kap-soo SK Group Chairman Chey Tae-won held a series of meetings with senior government officials from Estonia and the Caribbean Community (CARICOM) to discuss ways to cooperate on economic and industrial issues. According to SK Group on Oct. 15, Chey held a luncheon with Estonian President Alar Karis and senior government officials at the SK Building in Seoul. The two sides agreed to promote cooperation in areas such as information and communication technology (ICT) and green energy. Related to this, SK Square signed a memorandum of understanding on ICT investment cooperation with the
By Kayla Lee Defense Korea, a subsidiary of SONID, together with UAE defense contractor Calidus, has opened a dedicated UAE pavilion at ADEX 2023 in Seoul. Sarah Al Amiri, UAE Minister of Science and Technology, and Abdulla Saif Al Nuaimi, UAE Ambassador to South Korea, visited the pavilion, the company said on Oct. 19. "I wish the 'ADEX 2023' event a successful conclusion. And I will actively support Calidus' entry into Korea," said UAE Minister Al Amiri. "The UAE Minister of Science and Technology and the UAE Ambassador to Korea showed great interest in our company and our defense technology
By Lee Kap-soo The Federation of Middle Market Enterprises of Korea (FOMEK), in collaboration with the New Jersey Investment Authority (Choose New Jersey), hosted the 'Business Reception for Middle Market Enterprises Invited by New Jersey Governor Phil Murphy' at Conrad Seoul Hotel on Oct. 19. The reception consisted of an introduction of the New Jersey Investment Authority and the Economic Development Authority's 'New Jersey Investment Entry Strategy', a presentation of the success story of a mid-sized company in New Jersey by the nation's largest chicken franchise, Genesis BBQ Group, and bus
By Kayla Lee POSCO Chairman Choi Jeong-woo, also chairman of the World Steel Association, presided over the regular meeting of the World Steel Association (worldsteel) in Shanghai, China, on Oct. 15, the POSCO said on Oct. 17. On the first day of the meeting, Choi discussed major issues such as the development of future autonomous vehicle body solutions, trends in international standards for measuring greenhouse gas emissions, and the outlook for global steel demand with participants at the worldsteel executive committee meeting attended by CEOs of major global steel companies. Chairman Choi e