News

Dear AKBC Members,

Firstly, it is with profound sadness I acknowledge the passing of our esteemed Chairman, Hon. Simon Crean. He leaves behind a legacy of remarkable achievements and contributions to Australia and to the Australia-Korea business community and will be deeply missed by all at the AKBC. Prime Minister Anthony Albanese has announced a state funeral will be held to honour him; further details will be provided in the coming days.

Dear AKBC Members,

Welcome to the April & May 2023 edition of our newsletter, where we bring you the latest updates on the latest Australia-Korea trade and bilateral developments.

The WA-Korea Business Forum took place in Perth on 4th and 5th May 2023. It was a well-attended event focusing on opportunities and challenges for Western Australian and Korean businesses, specifically in critical minerals, energy, defence and security. Click in this link to view photos, presentations and speaker information.

View photos of the 2023 WA-Korea Business Forum

Last week, the Australia-Korea Business Council, working in conjunction with Australian Trade and Investment Commission (Austrade), held the hugely successful ‘Invest in Australia’ event. 

Dear AKBC Members,

Welcome to the March 2023 edition of our newsletter, where we bring you the latest updates on Korea Australia trade and bilateral developments.

March was an important milestone for the AKBC, with our inaugural delegates’ visit to Federal Parliament on the 8th. This was a hugely successful visit, with our members meeting with Treasurer Jim Chalmers and the offices of Deputy Prime Minister Marles, Minister King, and Minister Husic discussing key opportunities in bilateral trade and investment and identifying areas where we can better engage policymakers on mutually beneficial collaboration and partnership.

Dear AKBC Members,

2023 has begun with positive changes and new opportunities, and the AKBC team look forward to committing our efforts to furthering the bilateral relationship.

First and foremost, we would like to extend a warm welcome to His Excellency, Wan-joong Kim Ambassador of the Republic of Korea to Australia, who has recently taken up the posting in Canberra. We hope he is settling in well and look forward to working with him to enhance the Australia-Korea bilateral relationship.

Dear AKBC Members,

We here at the AKBC hope all of our members had a safe and happy festive season. We thank you for your support in the past year and look forward to continuing to strengthen bilateral business relationships and opportunities as we return to the office in January 2023.

There is “huge unrealised potential” to expand Australia’s education links with Korea according to a new report from the Australia-Korea Business Council.

The report, Bridges to the Future, points to the factors which bolster the relationship including the popularity of Korean culture in Australia and that fact that South Koreans place high value on education and demonstrate willingness to send children overseas to be educated.

South Korea’s biggest steel manufacturer is eyeing off WA’s critical minerals to shore up its supply chain and make batteries needed to power the global transition to electric vehicles.