By Diplomacy Journal Lee Kap-soo Executives from LG Electronics, LG Display, LG Energy Solution and LG Innotek met with Mercedes-Benz AG on Nov. 13 to discuss expanded collaboration under LG’s “One LG Solution” strategy. Focused on leveraging the combined expertise of LG Group affiliates, this effort brings together the four companies driving the Group’s automotive components business. The meeting took place at LG Twin Towers in Yeouido, Seoul, during the visit of Ola Källenius, Chairman of the Board of Management and CEO of Mercedes-Benz Group AG, to Korea. Participants included William Cho,
By Diplomacy Journal Lee Kap-soo Hyundai Motor Company will provide official vehicles for the 2025 G20 Leaders’ Summit in Johannesburg, South Africa, the company said on Nov. 17. The company will supply 30 STARIA multi-purpose vehicles (MPVs) as official transportation for delegation staff from participating countries and support the summit’s successful operation. The G20 Leaders’ Summit in Johannesburg will be held November 22–23 under the theme ‘Solidarity, Equality, Sustainability.’ Launched in December 1999 with participation from 20 major economies, including the Republic of Korea and the
By Diplomacy Journal Lee Kap-soo The investment opportunities of Kazakhstan were presented at the Korea Chamber of Commerce and Industry on Nov. 11 within the framework of the forum “K-Global Synergistic Leap Forum – Central Asia Edition.” The event was organized by Shinhan Bank with the support from the Ministry of SMEs and Startups of the Republic of Korea, the Korea Chamber of Commerce and Industry. The event aimed to strengthen business partnerships between the Republic of Korea and the Central Asian countries, expand trade opportunities, and promote innovative solutions. The forum served
By Diplomacy Journal Kayla Lee As the biohealth industry rapidly emerges as a key future growth engine for the nation, the importance of a comprehensive support platform spanning the entire lifecycle is growing rapidly. The Osong Advanced Medical Industry Promotion Foundation (KBIOHealth), located in Osong, Chungcheongbuk-do, is Korea's only comprehensive bio support institution. It supports the entire process from research and development (R&D) through non-clinical studies, clinical trials, prototype production, quality control, licensing, commercialization, and global expansion—ensuring
By Diplomacy Journal Lee Kap-soo Kia Corporation is collaborating with Disney to create a unique experience that brings beloved characters from the studio’s most iconic entertainment brands into Kia vehicles, the company said on Nov. 10. Available on models equipped with the Connected Car Navigation Cockpit (ccNC) based infotainment system, the new themes offer a wide range of immersive experiences inspired by the worlds of Disney, Pixar, Marvel, National Geographic, and Star Wars. From The Lion King and Toy Story to The Avengers and The Mandalorian, these themes transform the interior into a
By Diplomacy Journal Kayla Lee The American Chamber of Commerce in Korea (AMCHAM), led by Chairman and CEO James Kim, met with Ju Biung-ghi, newly appointed Chairperson of the Korea Fair Trade Commission (KFTC), on Nov. 6 at the Four Seasons Hotel Seoul to exchange views on the new administration’s fair trade policy direction and key issues faced by global companies operating in the Korean market. As part of Chairperson Ju’s ongoing series of industry outreach efforts following his appointment, this meeting served as a platform to discuss the new administration’s fair trade policy priorities a
By Diplomacy Journal Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI), led by President & CEO Marie Antonia von Schönburg, and the German Embassy Seoul co-hosted the Korean-German Climate & Environment Conference 2025 on November 13 at Novotel Ambassador Seoul Dongdaemun Hotel, South Korea. This year’s conference, held under the theme “Boosting Energy Efficiency in Industry: Pathways to a Sustainable Future,” brought together over 80 government officials, business leaders, and climate experts from both countries. Participants explored strategies to combat climate
By Diplomacy Journal Lee Kap-soo Hyundai Motor Group announced a multilateral Memorandum of Understanding (MoU) on Nov. 11 with Pyeongtaek City and key partners to develop carbon-neutral hydrogen port initiatives. The partnership aims to establish Korean model for port decarbonization and contribute to national carbon neutrality goals. Under the agreement, Hyundai Motor Company will oversee hydrogen-related business strategy, while Kia Corporation and Hyundai Glovis Co. will introduce and operate hydrogen fuel cell power generators at their facilities in Pyeongtaek Port. The initiative aims to
By Diplomacy Journal Lee Kap-soo LG Electronics showcased its ultra-premium built-in kitchen appliance brand, SKS, at Design Week Mexico 2025, one of Latin America’s largest design festivals, the company said on Nov. 7. As the exclusive home appliance brand partner of this year’s event, SKS successfully elevated its brand presence in the region, reaffirming its leadership in the global luxury built-in market. At Design House, the flagship exhibition of Design Week Mexico, visitors were invited to experience the full SKS lineup of ultra-premium built-in kitchen appliances, including the SKS ref
By Diplomacy Journal Lee Kap-soo Kia Corporation (Kia) and Motability Operations Limited, the company which runs the Motability Scheme in the UK, have signed a Memorandum of Understanding (MOU) on Nov. 4, reaffirming their mutual commitment towards electrification and enhancing personal mobility through care for the environment. The key objective of this collaboration is to bring to market an affordable, fully electric, side-entry Wheelchair Accessible Vehicle (WAV), while advancing inclusive mobility through Kia’s Platform Beyond Vehicle (PBV) lineup to meet the accessibility and electrificat
By Diplomacy Journal Lee Kap-soo European Chamber of Commerce in Korea (ECCK) Chairperson Philippe van Hoof attended the Korea Fair Trade Commission (KFTC) Roundtable on November 6 with Foreign Chambers of Commerce in Korea. The Roundtable was hosted by newly appointed Chairperson Biung-Ghi Ju. As the Chairperson of the ECCK, Philippe emphasized that the European business community is fully behind and supportive of initiatives that strengthen the competitive and fair business in Korea. As part of such efforts, the ECCK suggested that the re-enactment of the previously drafted legislation, by i
By Diplomacy Journal Lee Kap-soo SK opened the “SK AI Summit 2025” at COEX Convention & Exhibition Center in Seoul on November 3. Running through Tuesday, the SK AI Summit is a platform for collaboration where SK shares its integrated AI capabilities and vision accumulated across semiconductors, energy solutions and AI data centers. The event brings together diverse partners from global big tech companies, startups and academia to explore ways to strengthen the future AI ecosystem. Last year's inaugural event attracted over 30,000 participants both online and offline, establishing itself a
By Diplomacy Journal Lee Kap-soo Hyundai Motor Company achieved nine honors at the prestigious Red Dot Award: Brands & Communication Design 2025, including one Best of the Best award for its film project ‘Night Fishing.’ The accolades celebrated the company’s innovation and creativity across diverse design and communication categories: Film and Animation, Advertising, Interior Architecture, Restaurant & Café, Brand, Brands & Communications Design, and Digital Solutions. The Red Dot Award: Brands & Communication Design is one of the world’s most esteemed design competitions, rec
By Diplomacy Journal Lee Kap-soo Lotte Chemical held a completion ceremony for Lotte Chemical Indonesia (LCI) in Cilegon, Banten Province, Indonesia on November 6 (local time), the company announced. Lotte Group Chairman Shin Dong-bin and Indonesian President Prabowo Subianto attended the LCI completion ceremony. Delivering congratulatory remarks, Chairman Shin stated, "This project is one of the largest investments by a Korean company in Indonesia. It symbolizes the strong partnership between our two countries and will serve as a crucial foundation for strengthening Indonesia's petrochemical
By Diplomacy Journal Lee Kap-soo The "Indonesia Business Matching 2025" hosted by the Indonesian Ministry of Tourism and Creative Economy (MoTCE) successfully finished at the Lotte Hotel in Busan on Nov. 4. The tourism promotion event attracted over 50 travel industry professionals from the Busan, Ulsan, and Gyeongnam regions, significantly exceeding the initial capacity of 30. The event was attended by key figures from the Indonesian Tourism Board, including Bayu Aji, Chief of Staff to the Indonesian Minister of Tourism; Ali Andika Wardhana, Chargé d'Affaires of the Indonesian Embassy in Kore