By UN Journal Lee Kap-soo LG Electronics is rapidly evolving into a “Smart Life Solution Company” by leveraging its decades of customer insight, manufacturing expertise and technological prowess as a leader in home appliances. As part of its mid- to long-term strategy, “Future Vision 2030,” LG is committed to ongoing transformation and growth. On August 21, LG hosted an investor forum at LG Sciencepark in Seoul, bringing together domestic and international investors and analysts. During the event, CEO William Cho outlined the company’s progress and strategic direction since the announcement of
By UN Journal Lee Kap-soo The following artricle was contributed by Dunyo Information Agency to the UN Journal for publication through the Embassy of Uzbekistan in Seoul. –Ed. In recent years, systematic work has been carried out to create a continuous chain of comprehensive support for the development of entrepreneurship in our country. As a result of the measures implemented and important decisions made over the last seven years, a new generation of entrepreneurs of New Uzbekistan has emerged. In particular, BMB HOLDING is one of the major subjects of private entrepreneurship, playing an imp
By UN Journal Lee Kap-soo National Assembly Foreign Affairs Committee Chairman Kim Seok-ki (People Power Party, Gyeongju) met with Ambassador Asal Al-Tal of Jordan on Aug. 19 to discuss bilateral relations between Korea and Jordan, as well as key issues. Jordanian Ambassador to Korea Asal A-Tal said, “Many Korean companies are present in Jordan. Hyundai Motor Company is the No. 1 automaker in Jordan,” and said, ”We look forward to further expanding our bilateral exchange and cooperation.” “Jordan is a key partner of Korea in the energy and water sectors,” Chairman Kim said, adding that the mem
By UN Journal Lee Kap-soo Trade, Industry and Energy Minister Ahn Duk-geun held a videoconference with the UK’s new Secretary of State for Business and Trade Jonathan Reynolds on August 14 to congratulate his appointment and expressed hopes for close ministerial-level communication to build stronger Korea-UK economic cooperative ties going forward. Minister Ahn viewed that Korea and the UK have established solid economic cooperative relations as partners that share core values of free democracy and market economy, with the two countries’ globally competitive businesses in major advanced areas
By UN Journal Lee Kap-soo The following article was contributed by Eldor Tulyakov, Executive Director, Development Strategy Centre (Uzbekistan), to the UN Journal for publication through the Embassy of Uzbekistan in Seoul. -- Ed. As Uzbekistan stands on the brink of its 2024 elections, the nation is at a crucial juncture that will shape its future on both domestic and international fronts. These elections, scheduled for October, are not just another democratic exercise; they are a pivotal continuation of the irreversible reforms that began in late 2016. These reforms aim to strengthen the role
By UN Journal Lee Kap-soo Guatemalan Ambassador to Korea Sara Angelina Solis Castaneda met with Chairman Kim Byung-kwan of Korea Importers Association (KOIMA) at the KOIMA in Bangbae-dong, Seoul to discuss ways to stabilize the global supply chain and expand bilateral trade. "Guatemala has high competitiveness in coffee, macadamias, and wood products, but we have recently faced difficulties in exporting macadamias and wood due to China's import restrictions," said Ambassador Castaneda. "With the help of the Korea Importers Association, we hope to expand our exports to South Korea, Singapore, J
By UN Journal Lee Kap-soo The Association of Royal Crafts Culture of Korea and ORIHERI (Oriental Heritage) of Vietnam signed a Memorandum of Understanding (MOU) to promote bilateral cooperation in the exchanges of traditional cultural crafts between the two countries at the Janggyo Building in Seoul on Aug. 9. Lee Chil-yong, president of the Association of Royal Crafts Culture, and Tran Thi Ngoc Diep, chairwoman of ORIHERI, signed the MOU in a signing ceremony held at the Janggyo Building in Seoul. Under the pact, both sides agreed to promote cultural heritage exchange and introduce the import
By UN Journal Lee Kap-soo “Royal Thai Embassy in Korea will host the Sawasdee Seoul Thai Festival on Oct. 5-6, 2024, at Cheonggye Plaza in Seoul to introduce both traditional and contemporary Thai culture to Korean audiences,” said Amb. Tanee Sangrat of Thailand to Korea on Aug. 6. In an interview with the Diplomacy Journal, Amb. Tanee Sangrat said, “Through the Thai festival, visitors can look forward to enjoying popular Thai food and products already beloved in Korea, as well as discovering new and exciting Thai offerings we are eager to showcase.” Noting that 1.6 million Korean tourists vis
By UN Journal Lee Kap-soo “Lao PDR can serve as a strategic production base for Korean companies aiming to expand into ASEAN, China, and other markets,” said Amb. Songkane Luangmuninthone of the Lao PDR to South Korea on Aug. 6. In an interview with the Diplomacy Journal, Amb. Songkane Luangmuninthone said, “Lao PDR offers a streamlined, one-stop service for investors and a favorable tax system, making it an attractive destination for foreign investment.” He said, “Therefore, we extend a warm invitation to Korean companies to invest in sectors such as energy, mining, infrastructure, agricultur
By UN Journal Lee Kap-soo Guatemalan Ambassador to Korea Sara Solis Castaneda visited the Honorary Consulate of Guatemala in Busan and expressed her willingness to cooperate to facilitate the import and export of coffee from three Central American countries, including Guatemala, through Busan Port. According to the Honorary Consulate of Guatemala in Busan on Aug. 4, Ambassador Castaneda visited the Honorary Consulate of Guatemala in Busan, Busanjin-gu, Busan. Ambassador Castaneda met with Guatemalan Honorary Consul General Lim Su-bok and they agreed to work together to import and export coffee
By UN Journal Lee Kap-soo Ambassador Chafik Rachadi of Morocco to Korea hosted a reception to celebrate the 25th anniversary of the accession of His Majesty the King Mohammed VI to the Throne, commemorated as the National Day of the Kingdom of Morocco, at the Ambassador Seoul Pullman Hotel in Seoul, on July 30. Delivering a speech at the reception, Ambassador Chafik Rachadi said, “Morocco has spent the past quarter century cultivating and building momentum in international diplomacy, taking a dynamic course to establishing itself as a worldwide player. “One important result of this approach is
By UN Journal Lee Kap-soo Kim Hong-kyun, Vice Minister of Foreign Affairs of the Republic of Korea, and Ma Zhaoxu, Executive Vice Minister of Foreign Affairs of the People’s Republic of China, held the tenth Korea-China Vice Foreign Ministerial Strategic Dialogue on July 24 in Seoul. The two sides discussed issues of mutual interest such as Korea-China relations, , and regional and global affairs. The Dialogue has been held 9 times since the two countries agreed at the Korea-China Summit in 2008 to establish a high-level strategic dialogue channel between their diplomatic authorities. The tent
By UN Journal Lee Kap-soo The Central Election Commission held a meeting and a series of events today, July 26th. The primary agenda item was the preparation and high-level accomplishment of the upcoming elections for the Legislative Chamber of the Oliy Majlis and the Councils of People's Deputies in full compliance with the Constitution and laws. According to Article 128 of the Constitution of the Republic of Uzbekistan, are scheduled to take place on the first Sunday of the third ten-day period of October in the year their term expires. Considering that the term of the deputies of the Legisl
By UN Journal Lee Kap-soo Noting that the annual APEC CEO Summit will be held in Lima, Peru, from November 13 to 15 this year, Peruvian Ambassador to Korea Paul Fernando Duclos Farodi said, “We look forward to the visit of President Yoon Suk-yeol and an important delegation of senior officials and representatives of the private sector of Korea to Peru in November this year.” Delivering a speech at the reception held at Four Seasons Hotel in Seoul to mark the 203rd Anniversary of the Independence of Peru on July 25, Amb. Duclos Farodi said, “A few weeks ago, the Minister of Foreign Affairs of P
By UN Journal Lee Kap-soo “I invite Korean electrical appliance companies to consider Colombia as an investment destination,” said Colombian Ambassador to Korea Alejandro Peláez Rodríguez at a reception to celebrate the 214th Colombia’s Independence Day. Delivering a speech at the gala reception held at Four Seasons Hotel in Seoul on July 22, Amb. Rodríguez said, “We have worked with the Korean authorities and companies to make it a reality that South Korea engineering is present in Colombia in the design, construction and operation of electric, solar and wind power generation plants. “The sol