Official visit of the German President Steinmeier to Korea


Business Roundtable with KGCCI members





This week, German Federal President Dr. Frank-Walter Steinmeier is visiting Korea. On Thursday, KGCCI held a small business roundtable with President Steinmeier and KGCCI members from various industries to communicate opportunities and challenges of German investors in Korea. This roundtable provided background information on Korean-German business matters ahead of President Steinmeier’s further program in Korea, and addressed topics such as Innovation, Energy Transition, Industrie 4.0, or Ausbildung. The participants also mentioned challenges for investors in Korea, such as unclear regulations, multiple audits and investigations, IPR issues, missing incentives for re-investments and the necessity to advance with the planned revision of the EU-Korea Free Trade Agreement and removal of non-tarriff-barriers.

After two days in Seoul, President Steinmeier and his delegation are headed to PyeongChang, for the opening ceremony of the PyeongChang Winter Olympics 2018 tonight.

You can find some more pictures of President Steinmeier’s visit on