Prime Minister Ingrida Šimonytė meets SK Group Chairman Chey Tae-won

Prime Minister Ingrida Šimonytė met with Chey Tae-won, Chairman of SK Group and Chairman of the Chamber of Commerce and Industry of the Republic of Korea, to discuss the prospects for developing SK Group’s business in Lithuania, as well as Korea’s bid to host the EXPO 2030 exhibition in the city of Busan.

‘In today's world of common challenges, it is important not only to have solidarity among like-minded democracies but also to complement this partnership with practical cooperation - in the economic, high-tech, security, and other fields, which would strengthen both Lithuania and the Republic of Korea - two geographically distant yet remarkably similar nations’, said Prime Minister Šimonytė.

The discussions centred around potential collaboration in key areas identified by both Lithuania and SK Group as priorities, notably energy, life sciences, semiconductor industry, advanced materials, and ICT.

The parties also discussed the Republic of Korea’s bid to host the EXPO 2030 exhibition in Busan.

SK Group, the second largest corporation in South Korea, boasts a portfolio of more than 120 companies spanning the energy, life sciences, advanced materials, mobility, and semiconductor industries.