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S. Korean, French biz groups to promote partnership

All News 22:00 June 02, 2016

SEOUL, June 2 (Yonhap) -- Leading business lobby groups of South Korea and France agreed Thursday to work together for closer economic cooperation between the two nations.

Park Yong-maan, head of the Korea Chamber of Commerce and Industry (KCCI), signed a related memorandum of understanding with Jean-Paul Vermes, chairman of the Paris Ile-de-France Regional Chamber of Commerce and Industry, and David-Pierre Jalicon, who leads the French Korean Chamber of Commerce and Industries (FKCCI).

The trilateral signing ceremony was held in Paris, as President Park Geun-hye was on a visit there. This year, South Korea and France mark the 130th anniversary of forging diplomatic relations.

The KCCI chief is among South Korea's business delegates accompanying Park.

"The three organizations agreed to engage in various cooperation projects to promote trade and investment between the two countries," the KCCI said. "They plan to share business-related information on local markets and hold forums and investor relations sessions."

Born in 1884, the KCCI is a major business lobby group in South Korea.

The Paris Ile-de-France Regional Chamber of Commerce and Industry was created in 2013, combining eight chambers of commerce in and around the French capital.

The FKCCI, launched in 1986, has around 320 South Korean and French firms as its members.


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