Martial Arts, 13th Korea-Russia Business Dialogue Held

Koo Ja-yeol, Chairman of the Korea International Trade Association
[Photo by Korea International Trade Association]

[Asia Economy Reporter Kim Heung-soon] The Korea International Trade Association (KITA) announced on the 2nd that it will jointly hold the "13th Korea-Russia Business Dialogue" with the Chamber of Commerce and Industry of the Russian Federation, the Far East and Arctic Development Corporation, and Roscongress on the 3rd, in a dual non-face-to-face format between Korea and Russia.

Held in conjunction with the 6th Russia Eastern Economic Forum, this event will feature speakers including Koo Ja-yeol, Chairman of KITA, and Sergey Katrin, Chairman of the Russian Chamber of Commerce and Industry, along with businesspeople from both countries. Deputy Prime Minister Hong Nam-ki and Russian Deputy Prime Minister Yuri Trutnev will deliver congratulatory messages via video.

During the event, successful cases in the shipbuilding and logistics sectors, where economic cooperation between the two countries is actively progressing, will be shared. In the shipbuilding sector, Ga Sam-hyun, President of Korea Shipbuilding & Offshore Engineering, will speak about the joint project at the Zvezda Shipyard. In logistics, Korea's Unico Logistics and Russia's shipping company FESCO will present cases of transportation via the Trans-Siberian Railway (TSR) and discuss the development direction of logistics infrastructure in the Far East region.

Additionally, new business opportunities in the IT and smart city sectors, which are emerging as new growth economic cooperation models between the two countries, will be introduced. KT plans to announce the establishment plan for a data center (IDC) in Primorsky Krai, where the Eastern Economic Forum is held, and an ICT-based advanced health checkup center.

Jo Hak-hee, Head of KITA's International Business Division, said, "Since its first event in 2008, the Korea-Russia Business Dialogue has faithfully served as a communication platform between companies of the two countries," adding, "We hope this event will be an opportunity to find new cooperation areas beyond existing fields such as shipbuilding, agriculture, and logistics, in preparation for the post-COVID-19 era."

This content was produced with the assistance of AI translation services.