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 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