Interview: EU's Green Regulations Drive 'Reasonable' Demand amid Global Decarbonization

01/04/2023
News

The EU's green regulations are "reasonable and necessary" for the decarbonization trend and offer South Korea a chance to deepen economic ties with the bloc, said Dr. Martin Henkelmann, President & CEO of KGCCI, in the latest interview with Yonhap News.

Dr. Henkelmann also called for the renegotiation process for the Korea-EU free trade agreement (FTA) to reflect changes in the market landscape.

The recently proposed Critical Raw Materials Act (CRMA) calls for at least 40 percent of the critical minerals the EU needs each year to be processed within the region by 2030.

He emphasized that the EU regulations are not there to cause difficulties for foreign companies and that the revamps can actually be opportunities for South Korea. Read the full interview from Yonhap News or The Korea Times:

English

Yonhap News (English): https://lnkd.in/g-eQjKFB
The Korea Times: https://lnkd.in/gkNdRFND

Korean

Yonhap News: https://lnkd.in/gp-Tx4p2

Read the latest news

See all News

News

[Interview] “Germany’s Industrial AI Can Achieve Win-Win Growth Within a Cooperative Ecosystem with Korea”

Antonio Randazzo, German Chair of KGCCI and CEO of Star Truck Korea, and Katharina Viklenko, Representative of Germany Trade & Invest (GTAI) in Korea, recently shared insights in an Economy Chosun interview on Germany’s economic transformation and the growing significance of industrial AI and global collaboration.
News

[Interview] Beyond Technology to Trust: Financial Sector Proactively Builds AI Risk Management Systems

Woodo Nam, COO of the Seoul Branch of Deutsche Bank, a partner of the Korean-German Chamber of Commerce and Industry (KGCCI), introduced how financial institutions manage and control operations in the AI era, as well as Deutsche Bank’s proactive system-building efforts.
News

[Interview] “Connecting Germany and Korea Through Trust”

Marie Antonia von Schönburg, President & CEO of the Korean-German Chamber of Commerce and Industry (KGCCI), recently shared her insights on fostering an inclusive business environment and strengthening cooperation between Korea and Germany in an interview with a luxury magazine.

Interview: EU's Green Regulations Drive 'Reasonable' Demand amid Global Decarbonization

Share

[Interview] “Germany’s Industrial AI Can Achieve Win-Win Growth Within a Cooperative Ecosystem with Korea”

[Interview] Beyond Technology to Trust: Financial Sector Proactively Builds AI Risk Management Systems

[Interview] “Connecting Germany and Korea Through Trust”

Searching for something else?