American Chamber of Commerce in Korea (AMCHAM) Chairman James Kim, proper, and North Gyeongsang Province Gov. Lee Cheol-woo pose at a lodge within the province’s metropolis of Gyeongju, Friday, after signing a memorandum of understanding to deepen their financial cooperation. Courtesy of AMCHAM
The American Chamber of Commerce in Korea (AMCHAM) has signed a memorandum of understanding (MOU) with the North Gyeongsang Provincial Authorities to deepen financial collaboration and help the profitable internet hosting of the 2025 APEC Summit within the province’s metropolis of Gyeongju.
AMCHAM stated Sunday that the signing ceremony was held within the historic metropolis on Friday to strengthen financial cooperation with the province and entice overseas funding to the area forward of the worldwide occasion happening in November.
By means of this settlement, AMCHAM and North Gyeongsang Province will work hand in hand to place the province as a premier funding vacation spot for world companies, specializing in increasing funding alternatives, strengthening business engagement and enhancing the area’s position as a hub for worldwide commerce.
Additionally they agreed to co-host networking occasions and interact with multinational corporations to drive enterprise enlargement within the area.
„It’s particularly significant to formalize this settlement in Gyeongju, which is able to quickly be within the world highlight because the host of the 2025 APEC Summit,“ AMCHAM Chairman James Kim stated.
„As an Govt Committee Member of the 2025 APEC CEO Summit Organizing Committee, I look ahead to working intently with Gov. Lee and the Korean Authorities to facilitate significant dialogue between world enterprise leaders and policymakers.“
North Gyeongsang Province Gov. Lee Cheol-woo stated that the 2025 APEC Summit presents a useful alternative for the province to broaden cooperation with world corporations and improve its investment-friendly surroundings.
„We’re dedicated to creating each effort to ascertain the province as a premier vacation spot for worldwide buyers,“ he stated.
