Chairman Ryu Jin: "Russia-Ukraine War, Middle East Instability... Request for Stable Energy Supply"

Ryu Jin, Chairman of the Korea Economic Association, met with Ban Seung-gyu, the newly appointed Minister of Trade, Industry and Energy, to discuss industrial issues and public-private cooperation measures for economic revitalization.

Ryu Jin, Chairman of the Korea Economic Association, is giving a greeting at the 'Korea Economic Association Foundation Stone Unveiling Ceremony' held in front of the FKI Tower in Yeouido, Seoul on the 19th. Photo by Kang Jin-hyung aymsdream@

Ryu Jin, Chairman of the Korea Economic Association, is giving a greeting at the 'Korea Economic Association Foundation Stone Unveiling Ceremony' held in front of the FKI Tower in Yeouido, Seoul on the 19th. Photo by Kang Jin-hyung aymsdream@

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On the 18th, at the FKI Tower, Chairman Ryu said upon meeting Minister Ban, “With your extensive experience across various ministries and deep understanding of the field, I expect you to play a significant role in exports and advanced industry competition.” He added, “To support the Ministry of Trade, Industry and Energy’s export expansion policies and advanced industry super-gap strategies, our association will fully mobilize its overseas networks to lead private economic diplomacy.”


Chairman Ryu proposed strengthening export financing support for strategic items such as nuclear power and defense, and supporting the development of new markets to expand exports. He also requested special attention to securing stable energy amid the Russia-Ukraine war and instability in the Middle East. Furthermore, he emphasized, “With about 40 days left until the decision on the 2030 Expo host city, I will continue to meet and persuade domestic and international figures to ensure the successful bid for the Busan Expo.”



Minister Ban responded, “As a respected economic leader with diverse experience and global sensibility, I am very fortunate as the minister in charge that you have taken on the important role of ushering in the ‘Korea Economic Association era.’ I expect you to transform the Korea Economic Association into an influential and trusted organization with leadership in innovation and change,” he said.


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

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