Korea Enterprises Federation (KEF) Chairman Sohn Kyung-shik, entrance row sixth from left, poses with EU Ambassador to Korea Maria Castillo Fernandez, entrance row fifth from left, and different individuals of a roundtable between the KEF and the EU ambassadors on the 4 Seasons Resort in central Seoul, Tuesday. Courtesy of the KEF
By Nam Hyun-woo
Korea Enterprises Federation (KEF) Chairman Sohn Kyung-shik met ambassadors of European Union nations in Korea and urged stronger cooperation between Korea and the EU to deal with provide chain disruptions, industrial transition and different challenges that the areas generally face, the foyer group mentioned Tuesday.
Sohn and KEF management members met ambassadors from 23 nations, together with EU Ambassador to Korea Maria Castillo Fernandez, throughout a roundtable on the 4 Seasons Resort in central Seoul to discover concepts on enhancing Seoul’s partnerships with every nation and ship Korean companies’ considerations on EU rules, such because the Carbon Border Adjustment Mechanism and the Company Sustainability Due Diligence Directive.
“Korea and EU nations are companions which have been cooperating in economic system, commerce, tradition and different fields and sharing the frequent values of democracy and market economic system for the previous 60 years of diplomatic relations,” Sohn mentioned in the course of the assembly. “Cooperation between Korea and the EU will change into more and more vital as a result of each side face many frequent challenges.”
Sohn famous that Korea is dealing with rising considerations on its declining workforce because of the low birthrate, and EU nations’ experiences in addressing comparable issues shall be beneficial for Seoul’s efforts to deal with the problem.
He additionally pressured the significance of restructuring Korea’s inflexible labor market, and pledged the KEF’s efforts to create a pleasant atmosphere for European firms to do enterprise and make investments right here.
Attending the assembly had been ambassadors and different rating officers from the EU embassies, specifically Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Eire, Italy, Latvia, Lithuania, the Netherlands, Portugal, Romania, Slovenia, Spain and Sweden.
From the KEF, Chong Kun Dang Chairman Rhee Jang-han, Chonbang Chairman Jo Kyu-ok, Hanwha Corp. President Shin Hyun-woo, LX Pantos CEO Lee Yong-ho, Kolon ENP CEO Huh Sung and Lotte Superior Supplies CEO Lee Younger-jun participated within the assembly.
