Yoon's Economic Delegation to Poland... Only LG Chairman Among the Four Major Group Heads Accompanies
Formation of a Customized Economic Delegation to Poland
Covering Advanced Industries, Energy, Infrastructure, and Defense Sectors
The Federation of Korean Industries announced on the 6th the list of 89 participating companies in the economic delegation accompanying President Yoon Suk-yeol on his visit to Poland. Among the heads of the four major conglomerates, only Koo Kwang-mo, Chairman of LG Group, was confirmed to accompany the delegation.
Among large corporations, attendees include Koo Kwang-mo, Chairman of LG Group; Kim Dong-kwan, Vice Chairman of Hanwha; Koo Ja-eun, Chairman of LS; Han Jong-hee, Vice Chairman of Samsung Electronics; Oh Se-cheol, President of Samsung C&T; Hong Hyun-sung, CEO of Hyundai Engineering; Ryu Geung-sun, CEO of Kakao Mobility; Kim Dong-myung, President of LG Energy Solution; Jeong Yeon-in, President of Doosan Enerbility; and Jeong Won-ju, Chairman of Daewoo Construction. Among defense companies, Lee Yong-bae, President of Hyundai Rotem, and Son Jae-il, CEO of Hanwha Aerospace, are accompanying the delegation.
The Polish economic delegation consists of a total of 89 companies: 24 large corporations, 41 small and medium-sized enterprises and mid-sized companies, 17 public enterprises and institutions, and 7 economic organizations and associations. The delegation is organized with a focus on tailored bilateral industrial cooperation in advanced technology, energy, infrastructure, and defense sectors. In fact, companies in promising future fields such as renewable energy, batteries, mobility, and infrastructure account for a significant proportion (63%).
The economic delegation will attend events such as the Korea-Poland Business Forum and Memorandum of Understanding (MOU) signing ceremony hosted by the Federation of Korean Industries and the Polish Investment and Trade Agency, as well as trade consultations hosted by the Korea Trade-Investment Promotion Agency (KOTRA), to discuss economic and industrial cooperation measures between the two countries. They will have opportunities to build networks and expand business with Polish government officials and businesspeople.
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This year marks the 10th anniversary of the establishment of the strategic partnership between Korea and Poland. The scale of trade between the two countries has reached an all-time high, and Poland is gaining attention as a production base for Korean companies in Europe, heightening the atmosphere of economic cooperation. In particular, this visit is significant as it is the first visit by a Korean president to Poland in 14 years.
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