KITA, Ukrainian business chamber host reconstruction forum to boost postwar cooperation
Valeriy Korol, vice president of the Ukrainian Chamber of Commerce and Industry, speaks at a business forum on reconstruction efforts in Ukraine held in Seoul, in this photo provided by the Korea International Trade Association, March 25. Yonhap
The Korea International Trade Association (KITA) said Wednesday it has hosted a forum themed on the reconstruction of Ukraine with business representatives from the Eastern European nation to strengthen bilateral ties in Kyiv's postwar rebuilding efforts.
The event was held Tuesday in Seoul in conjunction with a visit by a business delegation from the Ukrainian Chamber of Commerce and Industry (UCCI). Representatives from over 100 Korean companies with interest in Ukraine's reconstruction projects attended.
KITA and UCCI signed a memorandum of understanding (MOU) to enhance bilateral corporate support and cooperation in future reconstruction efforts.
"Korea and Ukraine's long-standing friendship since the establishment of diplomatic ties lays a strong foundation for collaborations in reconstruction," KITA Chairman Yoon Jin-sik said. "Ukraine's will for economic revival and Korea's postwar development experience together can generate significant results."
UCCI Vice President Valeriy Korol highlighted that Korea's past history of overcoming difficulties and achieving economic growth serves as a valuable model for Ukraine. (Yonhap)