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Tuesday 12 November , 2019
Future Leaders Program
Site visit to industry
Welcome Dinner hosted by NSW Government
Wednesday 13 November, 2019
Australian delegation breakfast
40th AKBC-KABC Joint Meeting
Closing cocktail reception
The Australia-Korea bilateral relationship has a rich and robust history. The strategic importance of the relationship continues to grow. Korea is Australia's third largest export market and fourth largest trading partner. Korea has also been a longstanding investor in Australia and has helped build the economic capacity of Australia.
Australian resources and agricultural products fuel the Korean economy, while Korean electronics, cars, cosmetics and equipment have become household names in Australia. The two countries are linked by a wide-ranging free trade agreement (KAFTA), offering preferential access. The diverse and innovative economics of both countries are creating new exciting opportunities for collaboration. Now is a great time to take a first or fresh look at these opportunities.
The Australia-Korea Business Council (AKBC) and Korea-Australia Business Council (KABC) exist to develop understanding of these opportunities, build linkages between companies and work with business leaders and government to widen and strengthen the dynamic economic relationship.
The flagship event each year is the Joint Meeting between the two business councils, the AKBC and KABC, which this year will be held on 12 - 13 November in Sydney, Australia. The annual Joint Meeting has a proud 39-year history and is the premier Australia-Korea business event. The Joint Meeting is widely regarded by senior decision makers and key influencers from industry, government and academia involved in Australia-Korea business as the one event in the year not to be missed.
The program will extend over two-days and include site visits, a welcome dinner hosted by the NSW Government, future leaders program, Australian delegation breakfast and the Joint Meeting.
This year, AKBC will host the 40th Joint Meeting under the theme of ‘Celebrating 40 years: charting a new course in the bilateral relationship’. We expect the conversation to focus on the future of energy, including renewables and hydrogen, biotechnology, financial services, infrastructure and innovation.
The Joint Meeting attracts a senior delegation from Korea, led by the Korea Australia Business Council Chairman and CEO of POSCO, Mr. Jeong Woo Choi. The Australian delegation will be led by the recently appointed chair of the AKBC, the Hon Simon Crean.
OVERVIEW
Agenda (draft)
DATE & VENUES
The 2019 Joint Meeting will be held at Four Seasons Hotel, Sydney.
The 2019 Welcome Dinner will be hosted by the NSW Government.
Date 12-13 November, 2019
Venues Museum of Contemporary Arts and Four Seasons HotelSydney, Australia
Image cred
it: Destin
ation
NSW
40TH AKBC-KABC JOINT MEETING AGENDA (DRAFT)
The Future of Energy New Industry Growth Engines Evolving Opportunities in
Traditional Industries
Hydrogen
Renewables
Energy Storage Systems (ESS)
Microgrid Solutions
Electric Vehicle (EV) Batteries
Hybrid Vehicles
Biotechnology
Health
Defence
Space
Immersive Technologies (VR/AR)
AI, Big Data, 5G, Autonomous Vehicles
Infrastructure
Financial Services
Funds Management
Food & Agribusiness
Education
Tourism
Image cred
it: Au
strade
Image cred
it: Au
strade
WHO SHOULD ATTEND
The Joint Meeting is targeted at senior business executives and key decision makers seeking to get informed, be heard and do deals.
At the Joint Meeting last year, 61% of Australian delegates held the title of Chairman, CEO or Director and 76% of Korean delegates held the tile of Chairman, CEO, President or Director.
REASONS TO ATTEND OUTCOMES SINCE 2018
Activities between Australia and Korea since the AKBC Joint Meeting in October 2018 demonstrate the changing nature of this dynamic and active bilateral relations. Highlights and landmark deals of note include:• Hanwha Corp acquired a $25m mixed use
agricultural property in Mudgee with the prospect of showcasing their remote renewable energy systems.
• Hanwha Defence opened their office in Sydney as they pursue the Land 400 Defence contract and have plans to establish a manufacturing site in Geelong.
• Lotte International purchased the Sandalwood feedlot near Dalby on Queensland’s Darling Downs. The deal represents one of the biggest Australian feedlot sales in recent years.
• Lotte Duty Free entered the Australian duty free market through acquisition of JR/Duty Free in late 2018 .
The Joint Meeting is the most efficient and effective platform to understand the latest trends in the Australia-Korea corridor, learn about evolving and emerging business opportunities, build and strengthen your networks and identify, initiate and advance deals.
By participating in the 2019 Joint Meeting you will gain access to decision-makers of large multinational corporations active in the Australia-Korea relationship and key policy makers.
FUTURE LEADERS PROGRAM
Following the success of the Future Leaders Program in 2017 and 2018 , the 3rd Future Leaders Program will be held as part of the 40th AKBC-KABC Joint Meeting. The Program provides an exceptional opportunity for younger professionals to participate in the Joint Meeting and associated functions, as well as a specific session for young leaders.
The objectives of the program are to help participants:
Obtain a deeper level of understanding of the opportunities and challenges in the Australia-Korea bilateral relationship
Learn from industry experts on current market trends
Gain access to a network of similar aged and like-minded delegates that are actively working in a business directly related to strengthening the Australia-Korea relationship
Develop skills and networks that position them to take leadership of their organization’s Korea strategy.
Members are invited to nominate a Future Leader, aged between 25 and 40 to apply. Applications to the Future Leaders Program will close on the 23rd of August. For further application information please visit http://akbc.com.au/
40TH COMMEMORATIVE JOURNAL
The 40th AKBC-KABC Joint Meeting Commemorative Journal (Journal) will be launched during the 2-day event. The Journal, produced in conjunction with Executive Media Pty Ltd, will engage members, government, exporters, imports and investors on current trade and investment matters in Australia and Korea. The glossy A4 guide will provide information on business opportunities, key success stories and promote both countries as key investment and export destinations. The soft-cover Journal will have a minimum 12-month shelf life for business and government, and will be an indispensable resource to Australian exporters and investors seeking opportunities in Korea and Korean corporations looking to expand into Australia.
AKBC corporate members are provided with a unique opportunity to contribute a short editorial article in the Journal free of charge. The content must be editorial and discuss one of the key opportunities for trade and investment between Australia and Korea. The Journal will be distributed at the Joint Meeting and further copies will be made available to other stakeholders
AKBC corporate members are encouraged to contribute editorial content (450 word limit plus a high resolution photo) to [email protected] by Monday 19 August.
For advertorial opportunities, please contact David Haratsis <[email protected]> for advertising opportunities.
Link to Media Kit is here: http://www.akbc.com.au/wp-content/uploads/2019/06/AKBC-2019-Media-Kit-Final.pdf
REGISTRATION
Attendance at the Joint Meeting is one of the key membership benefits of AKBC. Each membership includes one free registration to the Joint Meeting.
If additional representatives would like to attend, a fee of $1,000 + GST per delegate is applicable.
Not a member? Contact AKBC now to join.
REGISTRATIONS OPENING SOON!
TESTIMONIALS
“Congratulations on the 39th Joint Meeting between the Australia-Korea Business Council and the Korea-Australia Business Council in Busan. The increasing diversity of the relationship was highlighted by presentation topics such as clean energy, smart cities and biotechnology. It also provided me an opportunity to increase my network of Korean business contacts.”
2018 AKBC-KABC participant
“The meeting was well organised and has helped me build up a strong network in Korea. The breadth and depth of topics covered by industry heavyweights and subject matter experts was impressive as well as the inspirational stories of new business collaboration between Australia and Korea.”
2018 AKBC-KABC participant
ABOUT THE AUSTRALIA-KOREA BUSINESS COUNCIL
The Australia-Korea Business Council provides a national focus to assist and support Australian and Korean businesses to capitalise on opportunities arising from the bilateral relationship.
Through our relationship with key Australian and Korean stakeholders in industry, government and academia, the AKBC increases awareness of opportunities in the Australia-Korea corridor, educates on how to successfully engage with Korea and helps position Australian businesses effectively in the Korean market.
For more information on the 2019 AKBC-KABC Joint Meeting please contact:
Ellen Lee, Acting Executive Director, AKBC
0413 070 825 [email protected] (until 1 September)
Liz Griffin, Executive Director, AKBC
0425 201 666 [email protected] (from 2 September)
Australia-Korea Business Council Australia -Korea Business Council _AKBC