Maria Castillo-Fernandez, Ambassador of the European Union to the Republic of Korea delivered an opening remarks at the ECCK virtual press conference on November 10 for the publication of the ECCK white paper for 2020, which contains the difficulties and suggestions of European companies regarding the Korean business environment.
“Without businesses, support of private sectors, we cannot achieve goals such as carbon neutrality. We should refrain from protectionism and keep markets open," Ambassador said. "It is important to raise issues. Korean gov’t does listen, so I thank the ECCK for publishing the White Paper on behalf of European businesses who are the no. 1 foreign direct investors in South Korea," she added.
ECCK explained the economic challenges and opportunities faced by the European companies in Korea due to the COVID-19 outbreak and discussed the regulatory and structural challenges still remaining in the Korean market. It announced 145 recommendations and regulatory issues across 20 industries, including healthcare, automotive, environment, chemical, food, etc. included in the white paper.
The press conference was also attended by Dirk Lukat, ECCK Chairperson and CEO of Schenker Korea, Christoph Heider, ECCK President, as well as chairpersons of ECCK industry committees including Julien Samson, ECCK Healthcare Committee Chairperson and VP & General Manager of GSK Korea, Karsten Kuehme, ECCK Food Committee Chairperson and CEO of Nestlé Korea, Andrew Kim, ECCK Passenger Vehicles Committee Chairperson and Director of External Affairs of Mercedes-Benz Korea, to discuss the position of the European companies in Korea.