Deputy Prime Minister Choo Kyung-ho attends the opening ceremony of the London Stock Exchange

On November 23rd at 08:00 am (London time), Deputy Prime Minister Choo Kyung-ho attended the Market Open Ceremony of the London Stock Exchange. Today's event took place on the occasion of President Yoon Seok-yeol's state visit to the UK, and the London Stock Exchange invited Choo, making it the first time that a Korean government official attended the event. The opening ceremony was attended by staff from the London Stock Exchange and Korean financial institutions to strengthen bilateral financial cooperation. In his speech, Mr. Choo emphasized that the UK and South Korea will utilize the new channels of economic and financial cooperation that will be established as a result of the summit to create a favorable investment environment for businesses and financial institutions in both countries. He also introduced the government's efforts to expand access for foreign investors and called for their interest in the Korean financial market. In a pre-event meeting with Daivd Schwimmer, CEO of the London Stock Exchange Group, Choo called on LSEG to play an active role in enhanced bilateral financial cooperation and requested that the LSEG, the parent company of WGBI producer FTSE Russell, take an interest in Korea's efforts to improve access to the sovereign bond market and help raise awareness among investors in the London region. The UK responded that it was well aware that Korea was listed as a country subject to observation in the World Government Bond Index (WGBI) and that it highly valued Korea's efforts to be included in the WGBI, and stated that it would continue to show interest in the future.

Ministry of Strategy and Finance holds ‘New Growth 4.0 on-site meeting’ to resolve field difficulties in secondary battery and smart shipbuilding

On November 23, the Ministry of Strategy and Finance's New Growth Strategy Planning Promotion Team (Director Yoo Byeong-hee) held the '24th New Growth 4.0 Public-Private Council On-Site Meeting' at Korea Zinc and HD Hyundai Heavy Industries located in Ulsan, and discussed the issues related to Korea's secondary battery and shipbuilding industries. The level of global competitiveness was diagnosed and support measures to secure super-gap technology were discussed. After touring the copper foil (cathode material) production process at Korea Zinc, the world's No. 1 non-ferrous metal smelting company, they listened to the company's mid- to long-term investment plan for the company's anode and cathode core material production facilities and later visited HD Hyundai Heavy Industries. did. They inspected the progress of the ship manufacturing process automation project and the status of the development of the autonomous navigation system, which is being jointly researched with the Autonomous Ship Verification Center. At the meeting, they discussed in-depth government support measures to strengthen the competitiveness of the shipbuilding industry, such as expanding the supply of industrial water for smooth production of positive and negative cathode materials for secondary batteries, easing visa requirements for foreign skilled workers to resolve labor shortages in the shipbuilding sector, and securing next-generation eco-friendly fuel engine and electric propulsion vessel manufacturing technologies and building intelligent shipyards. Yoo said "Now is the golden time to secure super-gap technology, and we will focus on solving shipbuilding site difficulties based on the 'K-Shipbuilding Next Generation Leading Strategy'."