Foreign Investors' Roundtable 2017


with Acting President Hwang Kyo Ahn





KGCCI and other representatives of foreign chambers and foreign invested companies met with Acting President Hwang Kyo Ahn at the Foreign Investor’s Roundtable 2017. In his welcoming remarks, Acting President Hwang stressed the importance of Foreign Investors for the Korean economy in terms of turnover, export and employment. In his formal response to the Acting President’s speech, KGCCI President Mr. Stefan Halusa said that for the Korean economy, very similar to Germany, exports and trade contribute significantly to the GDP and German companies can help by strengthening the global competitiveness of the Korean industry. The contribution of German companies in Korea therefore go beyond the number of jobs created by German investments. Both, the Korean and the German government, should cooperate very closely in promoting free trade and fight protectionism, an increasing threat at this point in time. The upcoming G20 meeting in Germany might be a good occasion for this. KGCCI will continue to represent the interests of its member companies to the Korean government and administration. 

ⓒ Ministry of Culture, Sports and Tourism