Koo Ja-yeol, Chairman of the Korea International Trade Association, "Challenging Export Environment...Committed to Addressing Supply Chain Crisis"

Martial Arts, Hosting the '160th KITA CEO Breakfast Meeting'

[Asia Economy Reporter Park Sun-mi] The Korea International Trade Association (KITA) held the "160th KITA CEO Breakfast Meeting" on the 26th at the InterContinental Seoul COEX in Samseong-dong.

In his opening remarks, KITA Chairman Koo Ja-yeol said, "Despite the dedicated efforts of the trade industry, the domestic and international export environment remains challenging," adding, "I hope today's lecture will help in formulating strategies to respond to the global supply chain crisis, and we will further promote exchanges within the industry through future breakfast meetings."

This event, which had been held online for the past two years due to COVID-19, returned to an offline format starting with this session following the lifting of social distancing measures. Professor Ahn Se-hyun of the University of Seoul and Advisor Jang Dae-seop of the law firm Sejong delivered lectures on the topics of "Global Energy & Supply Chain Crisis and Economic Security Strategy" and "New Government's National Tasks and Their Impact on the Economy," respectively, with about 200 members attending.

Professor Ahn stated, "A global energy perfect storm is occurring, with gas prices in Europe soaring more than eightfold compared to the previous year," and emphasized, "To respond to the economic security crisis stemming from the energy crisis, establishing a strategic energy cooperation system is essential." He added, "South Korea's participation in the Indo-Pacific Economic Framework (IPEF) will greatly help secure energy security," stressing, "Cooperation in the liquefied natural gas (LNG) and nuclear sectors is particularly crucial."

In the subsequent lecture, Advisor Jang said, "The new government is focusing on deregulating platform transactions, revitalizing private investment, and rationalizing public institution management, overall prioritizing market and corporate growth and fostering entrepreneurial spirit," emphasizing, "For South Korea to leap forward at this critical juncture, structural improvements across the entire social system are necessary."

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