Chey Tae-won, head of SK Group, visited China to secure backing for the upcoming Asia-Pacific Economic Cooperation CEO Summit, crucial for South Koreas international business agenda.
- On October 12, Chey Tae-won, the Chairperson of the Korea Chamber of Commerce and Industry, traveled to Beijing to enhance support for the Asia-Pacific Economic Cooperation CEO Summit in Gyeongju.
- The APEC CEO Summit, set to take place later this month, aims to gather Chief executive officers from various countries, emphasizing collaboration in economic development and trade.
- This initiative is particularly significant as it occurs against a backdrop of heightened economic tensions between South Korea and China, making Chey Tae-wons diplomatic efforts essential.
Why It Matters
The successful hosting of the Asia-Pacific Economic Cooperation CEO Summit is vital for South Korea to strengthen its economic ties and influence in the region, especially amidst evolving global trade dynamics.