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The Australia-Korea Business Council – enriching bilateral relations

Hon Mark Vaile AO, Chairman, Australia-Korea Business Council

The Australia Korea Business Council (AKBC) is a private, member-based organisation that works closely with Australian businesses, government and education institutions to promote the Australia-Korea bilateral relationship.

Photo of people posing for photo, infront of a poster that states 38th Australia-Korea Business Councils Welcome Dinner.
38th annual joint meeting of the Australia and Korea Business Councils, Brisbane, 2017. Photo credit: Australia-Korea Business Council.

The Council provides a national focus to assist and support Australian and Korean businesses to capitalise on opportunities arising from the bilateral relationship. Through its relationship with key Australian and Korean stakeholders in industry, government and academia, the AKBC increases awareness of opportunities in the Australia-Korea corridor, educates on how to successfully engage with Korea and helps position Australian businesses effectively in the Korean market.

AKBC regularly hosts events to profile and promote the Australia-Korea relationship including private dinners with the Korea business community, briefings with senior government and business executives, and networking functions.

Recognising the important role that culture plays in doing business in Korea, the AKBC has recently started offering business-focused cultural workshops that take participants through Korean history, economy, government, social life and business etiquette.

Australia-Korea Business Council - Korea-Australia Business Council Joint Meeting

The Council's program of activities culminates with the annual Korea-Australia Business Council Joint Meeting. The Joint Meeting provides a forum for senior Australian and Korean business leaders and influencers to share insights about the growing business relationship between the two countries, opportunities for further collaboration and discussion about the increasing significance of our bilateral relationship. The Joint Meetings have been held since 1978 and carry the reputation as the premier platform for senior business engagement in the Australia-Korea corridor.

Strongly supported by the Australian government, attendants at the previous Joint Meeting included such key representatives as the CEO of POSCO, President of Daewoo International, President of Korea Resources Corporation, President of Mirae Asset Group, Managing Director of KT and Managing Director of LG Electronics.

Attending the Joint Meeting is an effective way for participants build a wider network in Korea and engage with senior government officials and industry heavyweights. The Joint Meeting offers an opportunity to gain the latest insights from subject matter experts and to hear inspirational stories of the latest business collaboration between Australia and Korea.

This year's conference will be held on 29-30 October 2018 in Busan and will focus on growing opportunity and collaboration between Australia and Korea in key areas of energy and resources, technology, services, innovation and entrepreneurship.

For more information on the AKBC and its Joint Meeting conference in October, please email info@akbc.com.au.

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Last Updated: 9 October 2018
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