KEA Hosts Dinner for 30th Anniversary of OECD Accession: "Will Lead Global Supply Chains and Shared Prosperity"

Senior OECD Officials and Diplomats from 26 Countries Stationed in Korea Attend
Cho Hyunsang: "We Will Share Industry's Experience and Views with the OECD"
Korea's Mission to Propose AI and Innovation Agenda Next Year

The Korea Economic Association (KEA) said on November 3 that it had hosted a dinner at The Grand Lotte Seoul in Jung-gu, Seoul, to mark the 30th anniversary of Korea's accession to the Organisation for Economic Co-operation and Development (OECD).

More than 80 people attended the event, including senior OECD officials such as Deputy Secretary-General Frantisek Ruzicka and Economics Director Luiz de Mello, as well as diplomats from 26 countries stationed in Korea and the ambassador of the European Union (EU) to Korea. Business leaders included HS Hyosung Vice Chairman Cho Hyunsang and representatives of major companies such as Hyundai Motor, LG, SK, Lotte, POSCO, and HD Hyundai.

In his congratulatory remarks, Ruzicka said, "Korea is already a global innovation leader," adding, "We hope it will contribute even more to the development of the global economy."

Federation of Korean Industries CI. Yonhap News.

Baek Taewoong, Korea's ambassador to the OECD, said, "Korea's delegation plans to propose 'Boosting Potential Growth through AI and Innovation' as a key agenda item at next year's OECD Ministerial Council Meeting." He stressed, "The government and businesses must work together to improve productivity, develop talent, and create new opportunities."

Cho Hyunsang, HS Hyosung vice chairman and Korea's representative director on the OECD Business and Industry Advisory Committee (BIAC), said, "Since industry is where the effects of trade rules and policies are felt first, it is important to convey the views of the business community." He added, "I will work to share the experience and views of Korean industry with the OECD and help bring the OECD's policy achievements to businesses in Korea."

In his opening remarks, KEA Vice Chairman Kim Changbeom said, "To address global challenges such as the major transformation driven by AI and protectionism, businesses play an important role in turning international solutions into investment, innovation, and jobs." He added, "Over the next 30 years, we will share Korea's experience with the world and become a key partner in strengthening global supply chains and advancing shared prosperity."

Korea joined the OECD in 1996 as its 29th member.

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