with the US Chamber of Commerce, FKI held the 28th joint conference of the
Korea-US/US-Korea Business Councils at the FKI Tower Conference Center, Seoul,
on November 10.
In his opening remarks, Chairman Yang
Ho Cho of the Korean council said, "The two business communities in Korea and
the U.S. are greatly interested in the future developments of the policies
regarding security and trade which has been much debated during the U.S.
presidential race. Today's meeting, I do hope, will be able to help us work out
issues over economic cooperation, the Korea-U.S. alliance, security cooperation
in Northeast Asia and trade."
The participants of the
conference discussed the Korea-US alliance and security in Northeast Asia,
pending bilateral trade issues, ways to cope with aging, amelioration of the
business environment and cooperation in the bio-industry. Minister Hyung Hwan
Joo of the Ministry of Trade, Industry and Energy (MOTIE) made a keynote address
concerning Korea's economic policies and Korea-U.S. economic cooperation,
General Vincent K. Brooks, Commander of U.S. Forces Korea (USFK), focused on the
Korea-U.S. alliance and security and U.S. Ambassador to Korea Mark Lippert
elaborated on pending bilateral trade issues and economic
The event was attended by 70 government
officials and business leaders from both countries, including Chairman Yang Ho
Cho, Executive Chairman of Qualcomm Paul Jacobs, MOTIE Minister Joo, Kim Hong
Kyun Kim, Special Representative for Korean Peninsula Peace and Security
Affairs, U.S. Ambassador to Korea Mark Lippert and USFK Commander Gen. Vincent