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Korea's biggest art market KIAF opens Wednesday

All Headlines 16:01 October 12, 2016

By Woo Jae-yeon

SEOUL, Oct. 12 (Yonhap) -- South Korea's largest art fair opened Wednesday at a convention center in southern Seoul, with the country's commercial galleries introducing their artists to local and foreign art collectors.

The 15th Korea International Air Fair (KIAF), which runs from Oct. 12 until 16 at the Convention and Exhibition Center (COEX) in southern Seoul, has invited 170 galleries from 16 countries.

The annual art market is hosted by the Galleries Association of Korea and supported by various relevant agencies and institutions including the Ministry of Culture, Sports and Tourism and Korea Arts Management Service (KAMS).

The organizers have invited a total of 130 high-profile collectors, journalists, critics, art directors and gallery owners from overseas.

Adrian Cheng, the executive vice chairman of New World Development and creator of the K11 Art Foundation, canceled his trip to Korea as his grandfather Cheng Yu-tung, a Hong Kong jewelry and real Estate tycoon, passed away on Sept. 30. Cheng was supposed to make a speech this afternoon about shared values created by business and art.

Meanwhile, Taiwan is the guest of honor this year and the country's artists, represented by 11 galleries, will be extensively featured during the event.

On Thursday, Chen Kuangyi, professor of National Taiwan University of Arts, will lead an artist talk session with young Taiwanese artists Kuo Chihhung, Lin Yuching and Wei Hsingyu. Emerson Wang, director of Art Taipei 2016, will give a lecture on the country's contemporary art scene.

"KIAF is not just a place to buy and sell art. It is where people connect through art," said Kim Sun-young, president of the KAMS, at a press briefing last month. "Hopefully this art fair consolidates the global network of the Korean art market and help artists actively advance to a bigger overseas market."

This undated photo shows last year's fair. (Yonhap)

jaeyeon.woo@yna.co.kr
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