Chairman Cho S.R. States that Korea and Japan Must Lead Economic Integration of East Asia

The Korea-Japan Industrial Technology Fair 2013 was hosted by the Korea-Japan Cooperation Foundation for Industry and Technology (Chairman Cho S.R.) and Japan’s Japan-Korea Cooperation Foundation for Industry and Technology at the Crystal Ballroom of Lotte Hotel Seoul on October 1. “Recently the relationship between the two countries is facing a tough situation due to the controversy over the perception of history and the territorial issue,” said Chairman Cho in the opening ceremony. “The economists of both countries must visit each other more often and expand the non-governmental cooperation relations especially at times like this. Let’s lead the economic integration of East Asia based on close cooperation and contribute to the prosperity and development of the world economy.”

Held on October 1 and 2, the Korea-Japan Industrial Technology Fair 2013 is an event founded in 2008 for mutual collaboration and win-win growth of Korean and Japanese companies in the field of components and materials. During the event there was an awards ceremony for companies that contributed to industrial and technological cooperation between the two countries. It was followed by conference s for components and materials procurement and supply between the companies of the two countries, technical guidance conferences connecting domestic companies to retired Japanese technicians, and seminars on Korea-Japan Industrial Cooperation based on the theme of ‘Sustainable Growth of Small and Medium-sized Enterprises to Enter the Third Power.’ Over 400 entrepreneurs of both countries participated in the event, attracting the attention of participants with a special lecture by Nagoya University Professor Maskawa Toshihide, a Nobel Prize winner for physics.