Photo: en.yna.co.kr
APEC CEO Summit: A Platform for Tech Leaders to Combat Global Protectionism
The APEC CEO Summit in Seoul, led by SK Group Chairman Chey Tae-won, will unite tech leaders to tackle rising global protectionism, an urgent challenge for international trade.
- Chey Tae-won, Chairman of SK Group and head of the Korea Chamber of Commerce and Industry, emphasized the APEC CEO Summits role in addressing protectionism with 1,700 participants from global companies.
- Scheduled alongside the Asia-Pacific Economic Cooperation summit in South Korea, the APEC CEO Summit aims to foster collaboration among chief executive officers from various sectors to combat economic isolationism.
- The gathering in Seoul comes at a time of heightened tensions, partly influenced by policies from figures like Donald Trump, and seeks to promote open markets amid increasing protectionism.
Why It Matters
This summit is crucial as it highlights the pressing need for international cooperation against protectionism, ensuring that global trade can adapt and thrive despite rising economic barriers, particularly in the Asia-Pacific region.