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South Korean delegation makes a working visit to Austria

A South Korean economic delegation visited Austria with the goal of further intensifying the economic and investment ties between the two countries. The delegation was led by Minister for Trade Ahn Duk-geun.

Internationally operating companies such as Samsung Electronics and LG Energy Solution were also represented. The minister also lobbied for support for his plans to have Expo 2030 held in the South Korean port city of Busan. In addition to South Korea, Italy, Ukraine and Saudi Arabia are also competing to host Expo 2030. The 170 member states of the Bureau International des Expositions (BIE) will select the venue.

At this meeting Austria and South Korea signed two memoranda of understanding with respect to trade and investment partnerships.

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