Busan City and Korea Shipping Association Sign '2030 World Expo Busan Hosting and Shipping Industry Revitalization MOU'
Signatures by Lee Seong-gwon, Deputy Mayor for Economic Affairs, and Yang Chang-ho, Vice Chairman of the Korea Shipping Association, at City Hall on the 6th at 10 AM
Cooperation for attracting and successfully hosting Expo 2030 Busan, overseas prom
On the 6th at 10 a.m., Busan City will sign a Memorandum of Understanding (MOU) with the Korea Shipping Association (Chairman Jeong Tae-sun) at the City Hall International Protocol Room to promote the hosting of the 2030 World Expo in Busan and revitalize the shipping industry.
At the signing ceremony, Lee Seong-gwon, Deputy Mayor for Economic Affairs, and Yang Chang-ho, Executive Vice President of the Korea Shipping Association, will attend in person to sign the agreement.
Once this agreement is signed, the two organizations will mutually cooperate in overseas promotion for the successful hosting and attraction of the 2030 Busan World Expo.
Additionally, to revitalize Busan’s economy and expand the maritime cargo volume of national shipping companies, the city will strive to transport goods related to the 2030 World Expo using Korean vessels calling at Busan Port, and the Korea Shipping Association will actively support the maritime transportation of Expo-related goods through national shipping companies.
In particular, through this agreement, the city expects to utilize the Korea Shipping Association’s extensive international cooperation network to promote the 2030 Busan World Expo overseas in various ways until the final decision on hosting is made in November.
Established to enhance the economic and social status of Korea’s foreign shipping industry and promote international activities, the Korea Shipping Association consists of over 240 shipping companies and maintains a broad international cooperation network through global shipping associations.
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Deputy Mayor Lee Seong-gwon said, “This MOU with the Korea Shipping Association will be a great help in the final overseas promotion and negotiation efforts to gain support from member countries of the International Bureau of Expositions (BIE) for hosting the Expo,” adding, “I sincerely thank the Korea Shipping Association for actively supporting our overseas promotion efforts. With this agreement, our city will devote even more effort to hosting negotiations and promotion to ensure success. We ask all citizens to unite in heart and support the hosting of the 2030 Busan World Expo.”
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