Cho Hyun-Sang Champions Private-Sector Diplomacy at OECD Dinner
As the Korean economy marks the 30th anniversary of its accession to the Organisation for Economic Co-operation and Development (OECD), HS Hyosung Vice Chairman Cho Hyun-sang stepped forward as a practitioner of private-sector diplomacy linking the international community and Korean industry.Cho att
On November 3rd, Cho Hyun-Sang, Vice Chairman of Hyosung Group, participated in a dinner event commemorating Korea's 30-year membership in the Organisation for Economic Co-operation and Development (OECD). The "Dinner Commemorating the 30th Anniversary of Korea’s Accession to the OECD" was held at The Grand LOTTE Seoul in Seoul, and was organized by the Korea Enterprises Federation.
The event gathered approximately 80 individuals, including OECD Deputy Secretary-General František Ružička, top-level officials, diplomatic envoys of 26 nations, and prominent business leaders from Korea.
Cho Hyun-Sang addressed the attendees, praising Korea's evolution into a self-sufficient nation and highlighting the OECD's corporate governance guidelines as a crucial influence on the international expansion of Korean corporations. He emphasized the importance of incorporating business perspectives into policymaking to actualize the OECD's objective of "Better Policies for Better Lives."
Cho's comments underscore the significance of private-sector diplomacy, a concept championed by his father, the late Cho Seok-rai, who was a principal figure in fostering collaboration between the government and the business community on key issues.
The Hyosung executive's involvement in the OECD demonstrates his ongoing commitment to representing Korea's industrial sector on international forums, such as the OECD and APEC. Currently, Cho Hyun-Sang serves as the Director of the OECD Business and Industry Advisory Committee for BIAC Korea, a platform for exchanging industrial insights with the international community.
He is particularly focused on ensuring that advancements in global trade regulations and supply chains in areas like mobility, AI, energy, semiconductors, and aerospace are considered in OECD policy discussions.
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