Korea Federation of Business Associations Holds Breakfast Meeting with Kim Hee-sang, G20 Sherpa, and Korean Companies
Jeong Cheol: "Delivering the Voice of Business to the G20"
On August 20, the Korea Federation of Business Associations held a B20 Korea Business Breakfast Meeting at the FKI Tower, inviting Kim Hee-sang, the G20 Sherpa, and domestic company representatives participating in B20’s key task forces (TFs).
The B20 Summit is a global business meeting attended by major economic organizations and company leaders from G20 member and guest countries. Since the inception of the B20 in 2010, the Korea Federation of Business Associations has participated as the country’s official channel. With the B20 Summit scheduled for November and ongoing discussions in each division, the Korea Federation of Business Associations organized the meeting to discuss the position of the Korean business community and ensure its inclusion in the final policy recommendations.
At the meeting, Jeong Cheol, Chief Research Officer of the Korea Federation of Business Associations and President of the Korea Economic Research Institute, stated, “The B20 serves as a crucial channel for the global business community to directly communicate the voices from the corporate sector to the G20 leaders. The discussions held now could form the foundation for the 2028 G20·B20 process, when Korea will serve as the chair country in two years, so they deserve careful attention.”
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Representatives from major businesses—Hyundai Motor Company, SK, LG, and HD Hyundai—who are taking part in this year’s B20 task forces, attended the breakfast meeting. The attendees heard from Kim Hee-sang, G20 Sherpa, about the key trends in G20 discussions and the direction leading up to the summit. They also shared opinions on policy recommendations currently under review in each task force and discussed key interests of the Korean business sector.
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