[Interview] Germany Seeks Market Diversification, Shifting Focus from China to Korean Companies

01/03/2025

[Interview] Germany Seeks Market Diversification, Shifting Focus from China to Korean Companies

Felix Kalkowsky, Vice President of the Korean-German Chamber of Commerce and Industry (KGCCI), highlighted the strengthening of economic cooperation between Korea and Germany and the role of KGCCI in Tongsang News Magazine. He particularly emphasized the expansion of collaboration in the automotive and renewable energy sectors, as well as the increasing investment of German companies in Korea, underscoring the potential for continued growth in bilateral economic relations. Additionally, he pointed out that regulatory simplification and cost reduction are key factors for further growth, and stated that KGCCI is actively promoting various initiatives to support these efforts.
For the full interview, please check out the link.