Korea's top business group chiefs to join Yoon-Biden state dinner in Seoul

President Yoon Suk-yeol and U.S. President Joe Biden. [Photo by MK DB]

Chiefs of South Korea’s major companies and business lobby groups will join President Yoon Suk-yeol in his first state banquet for U.S. President Joe Biden making his first state visit to Korea on Saturday.

Korea’s presidential office has invited the chiefs of the country’s top 4 conglomerates – Jay Y. Lee, vice chairman of Samsung Electronics; Chey Tae-won, chairman of SK Group and chairman of Korea Chamber of Commerce and Industry, the country’s largest business organization; Chung Euisun, chairman of Hyundai Motor Group; and Koo Kwang-mo, chairman of LG Group – to Yoon’s state dinner for Biden in Seoul this Saturday.

Other business group leaders invited to the state dinner include Korea Enterprises Federation Chairman Sohn Kyung-shik, Federation of Korean Industries Chairman Huh Chang-soo, Korea International Trade Association Chairman Koo Ja-yeol.

The business leader guest list is larger compared to the one for state dinner with Donald Trump during the former U.S president’s visit to Korea in 2017 to underscore the Korean government’s determination to further strengthen economic ties with the U.S., said an official from the business circle.

Biden is set to arrive in Seoul on Friday for his three-day state visit. He is to hold his first summit talks with Yoon on Saturday.

[ⓒ Maeil Business Newspaper & mk.co.kr, All rights reserved]