Jung Tak, POSCO President, Requests Support for Busan Expo Bid in Argentina

POSCO Group Chairman Choi Jeong-woo and Argentine President Hold Second High-Level Meeting Following Initial Encounter

POSCO Group, which is promoting a lithium project in Argentina, met with the Minister of Foreign Affairs and Trade of Argentina to support the bid for the '2030 Busan World Expo.' From left: Jang Myung-soo, Ambassador of Korea to Argentina; Santiago Cafiero, Minister of Foreign Affairs and Trade; Jeong Tak, CEO of POSCO. Photo by POSCO Group

[Asia Economy Reporter Choi Seoyoon] On the 1st (local time), POSCO CEO Jung Tak met with Santiago Cafiero, Minister of Foreign Affairs and International Trade of Argentina, at the Argentine Ministry of Foreign Affairs and International Trade building to request support for the bid to host the '2030 Busan World Expo (EXPO)'. Argentina is the world's fourth-largest lithium producer, and POSCO Group is the first domestic company to commercialize lithium in Argentina.

According to POSCO Group on the 4th, this meeting was arranged once again following POSCO Group Chairman Choi Jeong-woo's meeting with Argentine President Alberto Angel Fernandez in March to request support for the Busan Expo bid.

At this meeting, CEO Jung emphasized once again that Busan, South Korea's number one port city, is the optimal city to host the World Expo. Ambassador Jang Myung-soo, the Korean Ambassador to Argentina, also attended, actively carrying out public-private joint efforts to support the World Expo bid.

Furthermore, CEO Jung explained POSCO Group's seven core businesses, including secondary battery materials, lithium, and nickel, as a global leader in eco-friendly future materials, and expressed gratitude for the cooperation and support of the Argentine government.

POSCO Group Chairman Choi Jeong-woo is serving as a private committee member for the Busan Expo bid, and CEO Jung Tak is acting as an executive committee member. Since July this year, to strengthen bid support, the existing task force (TF) has been newly launched, and in addition to promotional activities to raise public interest, POSCO Group is focusing all efforts on overseas negotiations and promotions in key negotiation countries such as Argentina, Vietnam, and Mexico.

Meanwhile, Argentine government officials showed great interest in the souvenir specially produced and delivered by POSCO under the name PosART. This souvenir captures the charm of Busan's famous spots such as Haeundae, Gwangandaegyo Bridge, and Nurimaru APEC House, which boast natural beauty within the unchanging strength of steel, and was evaluated as well expressing the advantage of 'Busan, the host city where advanced technology and nature coexist.'

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