Lee Jae-yong and Chey Tae-won, the heads of the four main groups, went to France and Vietnam to support the Busan Expo.

Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman Chung Eui-seon, and LG Group Chairman Koo Kwang-mo will embark on a business trip to France and Vietnam at the end of this month.

According to the business world on the 2nd, the heads of the four major groups plan to support the Busan World Expo (Expo) 2030 in Paris, France, from the 19th to the 21st.

Telegraph reporter = Lotte Group Chairman Shin Dong-bin (from left), LG Group Chairman Koo Kwang-mo, Hyundai Motor Group Chairman Chung Eui-sun, SK Group Chairman Chey Tae-won, and Samsung Electronics Chairman Lee Jae-yong at a Korea-Japan business roundtable held at Keidanren Hall in Tokyo on May 17, 2023. After President Yoon Seok-yeol’s remarks, people applauded. (Photo = News)

At the 172nd General Assembly of the Organization for International Exhibitions (BIE) held in Paris on the 20th and 21st of this month, the due diligence report of the candidate countries of Expo 2030 will be distributed to 179 member countries, and the 4th presentation (PT ) being held.

After the 5th competitive PT at the end of November at the end of November, the final decision on the location of the Expo 2030 will be made by a secret ballot of BIE member countries. At the moment, as most member countries are attending after deciding which country to support, it seems that this 4th PT will really be a turning point.

The host countries are Korea (Busan), Saudi Arabia (Riyadh), Italy (Rome), and Ukraine (Odessa), and it is a two-way match between Korea and Saudi Arabia.

During the 4th PT and the reception, the heads of the four main groups are said to be mobilizing global networks to appeal for support to host the Busan Expo.

Afterwards, business leaders will move to Hanoi, Vietnam, and attend the ‘Korea-Vietnam Business Forum’ to look for ways to strengthen economic cooperation between the two countries. Lotte Group Chairman Shin Dong-bin is also expected to attend the Vietnam schedule.

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In this regard, the Korea Chamber of Commerce and Industry and the Korea Trade Investment Promotion Agency (KOTRA) are recruiting ‘Vietnam Economic Tours’.

A business official said, “The economic delegation plans to discover business opportunities and build networking partnerships with local companies through the Korea-Vietnam business forum, on-site MOU signing, and one-on-one business consultations.”


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