Go Seung-beom "Collaborating on Digital Finance with ASEAN and India... Let's Grow Together"

Dinner Meeting with ASEAN and Indian Ambassadors to Korea

The Financial Services Commission, the Financial Supervisory Service, and the Korea Federation of Banks held a dinner meeting with ASEAN and Indian ambassadors to Korea on the afternoon of the 22nd at the Bankers Club in the Korea Federation of Banks building, Jung-gu, Seoul. Financial Services Commission Chairman Ko Seung-beom attended and gave a congratulatory speech, and Kim Jong-min, Deputy Governor of the Financial Supervisory Service, Kim Kwang-soo, Chairman of the Korea Federation of Banks, along with heads of major commercial banks also participated.

[Asia Economy Reporter Park Sun-mi] At a dinner meeting hosted for ASEAN and Indian ambassadors to Korea, ways to enhance financial cooperation with New Southern countries were discussed. Heads of domestic financial authorities expressed their hope that digital finance industry stakeholders from ASEAN, India, and Korea will collaborate and grow together.

According to the financial sector on the 23rd, the Financial Services Commission, Financial Supervisory Service, and Korea Federation of Banks held the '7th Dinner Meeting with ASEAN and Indian Ambassadors to Korea' the previous day at the Bankers' Hall in Myeong-dong, Seoul, inviting ambassadors from six ASEAN countries including the Vietnamese ambassador to Korea, as well as the charg? d'affaires of India and Cambodia. This meeting, first held in 2015 to promote cooperation in the financial sector between Korea and ASEAN and India, is regularly held. Last year's meeting was canceled due to the spread of COVID-19, but this year it was held in line with the 'gradual recovery to normal life' movement.

Financial Services Commission Chairman Ko Seung-beom emphasized in his English congratulatory speech, "Korea and ASEAN-India are growing closer year by year based on historical and cultural commonalities, and are achieving mutual development through various cooperation in the financial sector." He particularly expressed hope that digital finance industry stakeholders from ASEAN and India, which have a high youth population and mobile infrastructure with great potential in the digital market, and Korea will collaborate and grow together.

Korea Federation of Banks Chairman Kim Kwang-soo also said in his welcoming remarks, "ASEAN, India, and Korea are important partners and friends, or ‘Kkanbu,’ building friendships in various aspects such as economy, security, and culture," and asked for continued interest so that the strong relationship between Korea and ASEAN and India can further develop. Financial Supervisory Service Deputy Governor Kim Jong-min, in his closing remarks, proposed overcoming the COVID-19 situation through various mutual cooperation in the financial sector and regional comprehensive economic partnership (RCEP)-based joint economic growth, and preparing for the post-COVID era.

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