The Australia-Korea Business Council (AKBC), which is a symbol of economic cooperation and has led industrial exchanges between the two countries, held the 44th KABC-AKBC Joint Meeting at the JW Marriott Hotel Seoul. It is the first time in five years that the AKBC has met in Korea since a meeting was held in Busan in 2018.
The meeting was attended by more than 200 industry officials from both countries, making it the largest attendance since the AKBC was formed. Attendees from Korea included Jeong-woo Choi, chairman of AKBC (Chairman of POSCO Group), Representative Han Gi-ho (chairman of the Korean-Australian Parliamentary Friendship Society), Bae Sang-geun, executive director of the Federation of Korean Industries, officials of GS Engineering & Construction and Hanwha Aerospace, and the head of Yonsei University’s Australian Research Center.
Attendees from Australia included John Walker, chairman of the Australia-Korea Business Council (AKBC), Western Australia Premier Roger Cook, Australian Ambassador to Korea Catherine Raper, and officials of major Australian companies, including Pilbara Minerals and GFG Alliance. In particular, Western Australia Premier Cook attended this event at the special invitation of Jeong-woo Choi, chairman of the AKBC, to strengthen the hydrogen industry and key mineral investment projects of the two countries.
At this joint meeting with the theme “Cultivating an Innovative Future via Korea-Australia Collaboration,” companies and organizations from both countries, including POSCO, presented business cooperation plans in five areas: research/industrial cooperation, core minerals, defense/aerospace, food and bio, and clean energy (hydrogen).