Amir Khosru Mahmud Chowdhury, Bangladesh's finance and planning minister, met South Korean business leaders in Seoul on Monday to discuss trade and cooperation in manufacturing and technology, The Korea Herald reported.
Youngone Group and the Federation of Korean Industries (FKI) convened the gathering at FKI Tower in Yeouido, Seoul, the newspaper said. Participants discussed manufacturing, industrial cooperation and advanced technology, and explored areas for potential bilateral trade and investment.
According to the report, Dhaka sent Prime Minister's adviser Rehan Asif Asad, special assistant Tanvir Shahriar Ghani, Economic Relations Division Secretary Md. Shahriar Kader Siddiky and Ambassador Toufiq Islam Shatil, its envoy to South Korea.
Korean attendees included FKI Executive Vice Chairman Kim Chang-Beom, Hwang Ki-yeon, chairman and CEO of the Export-Import Bank of Korea, and Youngone leaders Sung Rae-eun and Sung Ki-hak; Sung Ki-hak heads the Korea-Bangladesh Economic Cooperation Committee, the newspaper reported.
Youngone, an apparel manufacturer, has worked in Bangladesh since 1980 and established the Korean Export Processing Zone, which serves companies that make goods for overseas markets, The Korea Herald reported. Vice Chair Sung Rae-eun said the firm's ties with Bangladesh had developed over time and voiced hope the visit would reinforce bilateral economic relations and create opportunities for sustainable growth.
The delegation's itinerary called for stops at AI companies LG AI Research and FuriosaAI, as well as Busan Port, for discussions involving AI, advanced manufacturing and logistics. It was also due to hold talks with Trade Minister Park Jung-sung and Lee Hyung-il, South Korea's deputy prime minister and finance minister, and meet with executives from Naver, LG Electronics, Hanwha Ocean, SK hynix and Samsung Electronics, the newspaper reported.
