'Germany's hidden champions can help Korea overcome Japan's export curbs'
Kim Hyo-joon, right, chairman of the Korean-German Chamber of Commerce and Industry, and BMW Korea, Industry Minister Sung Yun-mo, center, and Korea International Trade Association Chairman Kim Young-ju pose at COEX in southern Seoul, Tuesday, after signing a memorandum of understanding to strengthen partnerships between Korean and German companies. Courtesy of Korea International Trade AssociationBy Jung Min-hoStrengthening partnerships with Germany's “hidden champions” ― small but highly successful companies in their fields ― could greatly help Korea overcome Japan's export curbs, the leader of the Korean-German Chamber of Commerce and Industry (KGCCI) said Tuesday.“Many Germany companies either have the materials Korea urgently needs or are capable of developing them in a short period time,” Kim Hyo-joon, chairman of the KGCCI and BMW Korea, said during a speech at a seminar on partnerships between the two countries' businesses.“Korean and German companies are mutually complementary and, by working together, can create great synergy.”His comment
