By Diplomacy Journal Lee Kap-soo Gyeongju City, North Gyeongsang Province, hosted a meeting with David Roden, the Gyeongsangbuk-do Investment Promotion Ambassador, in the External Relations Office of City Hall on Aug. 6, 2025. The meeting was organized to expand global investment and strengthen the Korea-US business network, the city announced. The event was attended by Gyeongju City Vice Mayor Song Ho-jun, Director of the Corporate Investment Support Division Son Dae-gi, and officials from the Gyeongsangbuk-do Investment Promotion Team. Vice Mayor Song stated, "I express my gratitude to Ambas
By Diplomacy Journal Kayla Lee Chairwoman Youn Young-mi of the Korea Importers Association (KOIMA) met with Ambassador Nurgali Arystanov of Kazakhstan to Korea on July 31 and discussed ways to expand trade and practical cooperation between the two countries. Ambassador Arystanov expressed his commitment to a stable supply of Kazakhstan-produced wheat to the Korean market as a global wheat producer. He also expressed his hopes for the supply of various products, including agricultural and livestock products, mineral resources, meat, and honey, to the Korean market. Chairwoman Youn stated that t
By Diplomacy Journal Lee Kap-soo President Jeong Yong-gi of Korea District Heating Corporation (KDHC) met with Uzbek Ambassador to Korea Alisher Abdusalomov at KDHC headquarters on Aug. 4 to discuss the progress for advancement of K-Heating into Uzbek market and ways to expand cooperation in the energy sector. In June of last year, the leaders of Korea and Uzbekistan signed the "Uzbekistan District Heating Modernization Project Agreement," which aims to upgrade Uzbekistan's aging district heating facilities to a Korean-style K-Heating system based on combined heat and power plants. KDHC Presid
By Diplomacy Journal Lee Kap-soo Chairman Kang Ho-dong of the National Agricultural Cooperative Federation (NACF) met with Vietnam's Fatherland Front Central Committee Chairman Do Van Chien at the NACF headquarters in Jung-gu, Seoul, on July 31 and discussed ways for mutual development in the agricultural sectors of both countries. This meeting with Chairman Do Van Chien, who is visiting Korea at the invitation of the Korea Foundation, was held to strengthen the strategic partnership between NACF and Vietnam. Chairman Do Van Chien stated, "I deeply appreciate NACF's long-standing partnership w
By Diplomacy Journal Lee Kap-soo Cho Hyun-sang, vice chairman of HS Hyosung and chair of the APEC Business Advisory Council (ABAC), met with Vietnamese President Luong Cuong on July 15 in Haiphong to discuss enhancing economic exchange between Korea and Vietnam and ensuring the successful hosting of the upcoming APEC Summit. During the meeting, CHO expressed gratitude to President Luong Cuong for Vietnam’s vital role as the host of the third ABAC meeting. He also delivered an official APEC invitation, requesting the President to serve as a keynote speaker at the APEC CEO Summit scheduled for t
By Diplomacy Journal Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Marie Antonia von Schönburg) has signed a Memorandum of Understanding (MoU) with the Daejeon Regional Human Resources Development Council and Hyundai Vocational Training School on July 28, 2025 to bolster Korea’s industry-ready talent development through practical, hands-on education. The MoU, signed on July 25 at the KGCCI office in Seoul, outlines the three organizations’ commitment to jointly promote field-oriented vocational training programs aligned with real-world industry need
By Diplomacy Journal Lee Kap-soo The inaugural direct flight between Busan and Almaty successfully departed from Gimhae International Airport on July 15, 2025. Operated by Eastar Jet on a Boeing 737, flight ZE935 marks an important milestone in enhancing air connectivity between Kazakhstan and Korea. The launch was attended by Consul General of Kazakhstan in Busan Mr. Askar Aslan, Honorary Consul Mr. Sang-Hoon Lee, and representatives of Eastar Jet. The Consuls greeted the flight crew before departure and extended their best wishes. The seven-hour flight carried 120 passengers, including trave
By Diplomacy Journal Lee Kap-soo Samsung Electronics Executive Chairman Lee Jae-yong was cleared of all charges related to the alleged “illegal succession,” including the unfair merger of Samsung C&T and Cheil Industries and accounting fraud, on July 17, 2025. According to the business and legal communities, the prosecution charged Lee and others, stating, “As vice chairman of the Samsung Group at the time, Lee illegally interfered in the merger process between Samsung C&T and Cheil Industries in 2015 to secure management succession and strengthen the group's control.” As a result, Lee
By Diplomacy Journal Lee Kap-soo The Korea Startup Forum (KOSFO) announced on July 17 that it successfully held the “KSF IR Day,” a practical IR program supporting promising domestic deep tech startups' entry into the European market, at the Aston Hall of the British Embassy in Korea on July 16. Through this event, which was held as a pre-program for COMEUP 2025, KOSPO established official exchange channels with the UK startup ecosystem, including the British Embassy in Korea and the UK Department for International Trade. A total of 77 teams of startups in cutting-edge technology fields such a
By Diplomacy Journal Lee Kap-soo Choi Jin-shik, chairman of the Federation of Middle Market Enterprises of Korea (FOMEK), met with Chinese Ambassador to South Korea Dai Bing, who visited the federation on July 16, and stated that practical Korea-China economic cooperation must be urgently restored and strengthened in order to effectively respond to changes in the global economic environment. Choi said, “Although exchanges between the two countries have significantly decreased in recent years in all areas, including the economy, China, which is the largest trading partner and one of the top thr
By Diplomacy Journal Lee Kap-soo Chung Mong-gyu, president of the Korea Football Association, has been officially appointed as president of the East Asian Football Federation (EAFF). Chung, who is also chairman of HDC Group, was unanimously appointed as EAFF president at the 6th EAFF Extraordinary General Meeting held at the Courtyard Marriott Hotel in Suwon on July 15. His term will last approximately eight months, until the next EAFF Regular General Assembly in March 2026. The EAFF hosts the EAFF E-1 Football Championship (East Asian Cup) every two to three years, with four national teams fr
By Diplomacy Journal Kayla Lee Kim Ki-mun, chairman of Korea Federation of SMEs (KBIZ), met with Chinese Ambassador to South Korea Dai Bing, who visited the KBIZ in Yeouido, Seoul on July 14 and discussed ways to strengthen economic cooperation between small and medium-sized enterprises in both countries. During the meeting, Kim Ki-mun said, “Since the inauguration of the Lee Jae-myung administration, relations between the two countries have changed positively, as evidenced by the telephone conversation between the leaders of South Korea and China.” Kim then mentioned the rapid increase in per
By Diplomacy Journal Lee Kap-soo Choi Jin-shik, chairman of the Federation of Middle Market Enterprises of Korea (FOMEK), met with Amit Kumar, Indian Ambassador to South Korea on July 11, and discussed ways to expand the presence of mid-size companies in India as a promising overseas market and a new production hub for mid-size companies. Chairman Choi stated, “India’s rapid growth is remarkable, based on its highly skilled workforce and advanced manufacturing and digital infrastructure, which are often described as having an abundance of talent.” He added, “India’s value as a new market and p
By Diplomacy Journal Lee Kap-soo In an effort to promote national exports, Kazakhstan participated in the Korea Import Fair 2025, held in Seoul from July 7 to 9. The event, hosted by the Korea Importers Association (KOIMA) with the support of the Ministry of Trade, Industry and Energy of the Republic of Korea and the Korea Trade-Investment Promotion Agency (KOTRA), showcased the services of Air Astana and Scat Airlines as well as products from Maximus and chocolate by Lotte Rakhat. In her opening remarks, KOIMA Chairperson Youn Young-mi emphasized the importance of expanding imports from frien
By Diplomacy Journal Lee Kap-soo Hyundai Motor Company and Kia Corporation officially launched their industrial wearable robot, the X-ble Shoulder, in the Korean market with a handover ceremony for the first unit to Korean Air on July 8. The event was held at Korean Air’s aircraft maintenance hangar in Incheon. As the first official customer, Korean Air will deploy the wearable robot across its aerospace division, including assembly and maintenance operations for commercial airliners, military aircraft, urban air mobility (UAM) vehicles, drones, stealth aircraft and satellite launch systems. “