Korea-Australia Economic Cooperation Commission Held,
Jang In-hwa, Chairman of POSCO Group. 2024.3.21/News1 ⓒ News1 Park Jung-ho Reporter,
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, ‘(Seoul=News1) Reporter Geum Jun-hyuk = The Korea Chamber of Commerce and Industry announced that the Korea-Australia Economic Cooperation Commission was held in Perth, Australia on the 2nd and a joint statement was issued.’,
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, ‘From the Korean side, participants included Jang In-hwa, Chairman of POSCO Group, Jeong In-gyo, Director-General of the Ministry of Trade, Industry and Energy, Shim Seung-seop, Ambassador of Korea to Australia, and Kim Chang-beom, Vice Chairman of the Korea Chamber of Commerce and Industry.’,
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, ‘Over 100 representatives from companies such as POSCO Holdings, Korea Export-Import Bank, GS Engineering & Construction, LX International, Hyosung Heavy Industries, Hyundai Heavy Industries, LG Energy Solution, SK E&S, SK E&C, and Ilsheed also participated.’,
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, ‘During this economic commission meeting, cooperation plans on various topics including core minerals, artificial intelligence and startups, defense industry, traditional industries, and green transition were discussed. This year marks the 10th anniversary of the Free Trade Agreement between the two countries.’,
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, ‘Chairman Jang In-hwa stated, “Korea and Australia, which have cooperated mainly on resources such as minerals and energy, are the most essential partners for carbon neutrality,” and expressed hope to lead the global market through innovation in various fields such as AI, aerospace, food, and culture, securing greater competitiveness and opportunities.’,
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, ‘Following this, strategies such as POSCO Group’s secondary battery materials business, startup collaboration with i-ESG, an AI-based ESG management solution company, and the expansion of defense industry cooperation between Hyundai Heavy Industries and Australia were introduced.’,
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, ‘In the joint statement adopted lastly, both sides emphasized the need for Korea and Australia to jointly participate in the G7 (Group of Seven) to expand their global policy influence and form a consensus on contributing to global economic stability.’,
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, ‘Other initiatives included △Resolving regulatory uncertainty to expand investment in decarbonization △Enhancing defense and aerospace cooperation for regional security △Efforts for continuous innovation in traditional industries such as agriculture and tourism.’,
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, ‘On the 3rd, a mineral roundtable with Madeline King, Australian Minister for Resources, and a trade roundtable with the Australian Minister for Trade and Tourism, Don Farrell, will be held.\n’