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The 5th Korea-Ukraine Economic Forum

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On July 28, 2017, the V Economic Forum-Ukraine-Korea was held. The platform for discussion was the National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”.

The priority topics of discussion during the forum were interaction between countries, changing economic cooperation, promoting investment, sharing experience in the agricultural sector and cooperation in the high technology sector. In addition, the subject of the discussion was the joint ideas and projects in different segments of the economy of both countries.

Stepan Kubiv, the First Vice Prime Minister of Ukraine – Minister of Economic Development and Trade of Ukraine opened Forum with salutatory where he noted:

 “Development of innovation is one of the key priorities of the Government. Korea, as one of the most developed and technologically advanced economies country in the world, Can become a good example for imitation, a reliable partner in the implementation of innovative projects for Ukraine. Inclusion of investments in the distribution of broadband Internet in Ukraine “

Mr. Lee Yang Goo Ambassador, Republic of Korea to Ukraine  Noted the close interaction of state structures and innovative specialists of Ukraine and emphasize the needs for further cooperation.

Mykhailo Zgurovsky – Rector, National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute” academician of the National Academy of Sciences of Ukraine – presented an expert study of eight scenarios of Ukraine’s economic development in the medium-term (until 2020) and long-term (until 2030) perspective, identified drivers of Ukraine’s economic development, as well as the likelihood of implementing these scenarios

Un-Chan Chung – Former Prime Minister, Republic of Korea – During his speech, said: “Ukraine is located in a strategically important region of Eurasia and has rich natural resources. The Republic of Korea is considered to be a potential partner for economic cooperation for Ukraine. Similarly, Korea is also a good strategic partner of Ukraine in the field of infrastructure, traditional and alternative energy, finance, agriculture, construction, ICT, etc. “, and also:” … I would like to emphasize that the experience of the Republic of Korea in the field of rapid economic growth , The income inequality and the inclusion of the concept of “general growth” will also apply to the Ukrainian economy. “

A number of panel discussion took place during the Forum. All speakers highlighted the importance and relevance of the topics for both countries: strengthening economic cooperation between Korea and Ukraine, trade and economic cooperation and investment promotion. The discussion was attended by Stepan Kubiv, the First Vice Prime Minister of Ukraine – Minister of Economic Development and Trade of Ukraine, Mykhailo Zgurovsky – Rector, National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute” academician of the National Academy of Sciences of Ukraine,

Mr. Lee Yang Goo Ambassador, Republic of Korea to Ukraine ,  Un-Chan Chung Former Prime Minister, Republic of Korea Dr. Joungho Park (Korea Institute for International Economic Policy, KR), etc.

The cooperation in the agrarian sector, the exchange of experience and examples of successful use of agro-farming, the participants of the discussion were: Mr. John Shmorhun (CEO Agrogeneration), Ms. Olga Trofimtseva (Deputy Minister of Agriculture), Dr. Dae Seob Lee (Director, Center for International Agricultural Partnership, Korea Rural Economic Institute), Prof. Kyungryang Kim (Kangwon National University), etc.

Promoting international cooperation in the field of ICT and supporting interstate and multicultural startups between the Republic of Korea and Ukraine, an innovative ecosystem «Sikorsky Challenge» ,development and Smart City. Such topics were reviewed by: Jaewon Peter Chen (CEO, XnTree), Mr. Volodymyr Hnat, Director General Science Park “Kyivska Polytechnika”, Mr. Andrii Biriukov (CEO, Hi-Tech Office Ukraine Public Association), Mr. Jaewon Peter Chen (CEO, XnTree).
The forum brought together representatives of the legislative and executive authorities of Ukraine, representatives of the diplomatic corps, as well as key players and businessmen of the Ukrainian and Korean markets.

Within the framework of the event, the location of StartUp solutions was worked out, where projects for agrarian business, medicine, alternative types of energy and safety of electronic devices were demonstrated.

The organizers of the event were the Embassy of the Republic of Korea in Ukraine, the High TechOffice Ukraine and the National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”.

With the support of the Ministry of Economic Development and Trade of Ukraine (MERT), the State Innovation Finance and Credit Institution (SIFCU), the Ukrainian Chamber of Commerce and Industry, the U.S. -Ukraine Business Council (USUBC).

 

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