Martial Arts, Ukraine First Deputy Prime Minister Invited to 'Business Forum' Held

Ukrainian Government Delegation Communicates with Korean Businesspeople

On the 17th, the Korea International Trade Association (KITA) hosted the "Korea-Ukraine Business Forum" at the Trade Tower in Samseong-dong, Gangnam-gu, Seoul, inviting Yuliia Svyrydenko, Ukraine's First Deputy Prime Minister and Minister of Economy. The forum was attended by a government delegation of eight members, including Ukraine's First Deputy Prime Minister and Deputy Minister of Economy.

They held a session to communicate with Korean companies regarding the "Mid- to Long-term Roadmap and Progress of Post-war Reconstruction." The event targeted about 150 businesspeople from companies such as POSCO International, Hyundai Engineering, Daewoo E&C, Doosan Enerbility, Ssangyong E&C, Hyundai Rotem, and Korea Electric Power Corporation (KEPCO).

In his opening remarks, Jeong Manki, Vice Chairman of KITA, said, "Korean companies have proven their speed, reliability, and technological capabilities in reconstruction projects following the Gulf War and Iraq War, including plant and new town construction and power infrastructure restoration." He added, "We hope that Korean companies can contribute to Ukraine's new construction process based on the experience accumulated so far."

The "Korea-Ukraine Business Forum" hosted by the Korea International Trade Association is underway on the 17th at the Trade Tower in Samseong-dong, Gangnam-gu, Seoul. /
Photo by Korea International Trade Association

First Deputy Prime Minister Svyrydenko stated in her keynote speech, "Korean companies possess professional capabilities in carrying out infrastructure projects, and the Korean government is also supporting Ukraine through official development assistance," adding, "We hope that bilateral relations will develop in various fields such as economy and trade in the future." Rostyslav Shurma, Deputy Head of the Presidential Office, also said, "We look forward to the participation of Korean companies in various energy industry projects."

Experts advised that to increase business opportunities for domestic companies in Ukraine's reconstruction process, various strategies must be prepared. Professor Yang Gu Lee of Gyeongsang National University (former Korean Ambassador to Ukraine) said, "Korea should take charge of certain regions within Ukraine and apply a Korean-style model." Professor Kim Manki of the Korea Advanced Institute of Science and Technology (KAIST) emphasized, "Humanitarian aid to Ukraine should be strengthened, and private companies should actively build networks with local companies."

Meanwhile, KITA formed the "Ukraine Emergency Task Force" in February last year following the outbreak of the Ukraine-Russia war. It plans to continue related activities, including ongoing monitoring and considering dispatching a comprehensive delegation for post-war reconstruction.

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