South Korea has established itself as a key member of the Organization for Economic Cooperation and Development (OECD) on the occasion of its 30th anniversary of membership, transitioning from a country learning from advanced nations to a leader in global innovation. The domestic business community expressed its commitment to securing new growth drivers based on artificial intelligence (AI) and advanced technologies, while expanding cooperation and sharing economic development experiences with the international community.
On November 3, the Korea Economic Association hosted a dinner in Seoul at The Grand Lotte Hotel, attended by over 80 guests, including senior OECD officials and diplomats from 26 countries.
In his opening remarks, Kim Chang-beom, Vice Chairman of the Korea Economic Association, stated, "Over the past 30 years, South Korea has made significant strides toward becoming an advanced economy through OECD policies and systems." He emphasized the importance of the role of businesses in translating solutions derived from global challenges such as the AI revolution and protectionism into actual investments, innovations, and job creation. He added, "In the next 30 years, we aim to be a key partner in strengthening global supply chains and promoting shared prosperity by sharing Korea's experiences with the world."
During the event, key tasks for leading South Korea's economy into a new 30 years were identified, focusing on enhancing productivity and innovation capabilities through AI and advanced technologies.
In a congratulatory speech, Baek Tae-woong, Ambassador to the OECD, remarked, "Over the past 30 years, South Korea has achieved economic growth through continuous innovation and exploration of overseas markets. Now, we are actively participating in OECD policy discussions and the formation of international norms, sharing our development experiences with other member countries."
The Korean delegation plans to propose 'Enhancing Potential Growth Rates through AI and Innovation' as a key discussion agenda at next year's OECD Ministerial Council. This initiative aims to connect technological innovation with productivity improvement, talent development, and the creation of new economic opportunities through joint responses from the government and businesses.
Frantisek Luzicka, Deputy Secretary-General of the OECD, stated, "South Korea is already a global leader in innovation, and we look forward to its continued contributions to the development of the world economy."
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.