Seoul, Republic of Korea | September 29–30, 2022

6th Korea-LAC

“Strengthening social and economic cooperation toward
a more resilient post-COVID era”

KOREA-LAC Business Summit

“Strengthening social and economic cooperation toward
a more resilient post-COVID era”

The objective of the event is to expand and strengthen the commercial ties between Korea and Latin American and the Caribbean Countries and to provide a better understanding of investment and trade opportunities. The forum will address issues such as the economic and commercial relations between Korea and Latin America and the Caribbean, investment in quality infrastructure, collaboration in innovation and entrepreneurship, and financing for emerging markets. Private sector leaders and government officials of both regions will share their perspectives about the future challenges and opportunities to expand and strengthen economic and cooperation ties between both regions.

September 29–30, 2022

6th Korea-LAC Business Summit Program


Organizers: Inter-American Development Bank, Ministry of Strategy and Finance of Korea, Korea Trade-Investment Promotion Agency, Export-Import Bank of Korea

Seong-Wook KIM

Deputy Minister for International Affairs, Ministry of Economy and Finance (MOEF), Republic of Korea

Benigno López Benítez

Vice President for Sectors and Knowledge, Inter-American Development Bank


Chairman & President The Export-Import Bank of Korea (Korea Eximbank)

Jeoung Yeol YU

President & CEO - Korea Trade and Investment Promotion Agency(KOTRA)

Latin America and Korea:

Partners for Sustainable Trade and Investment

The relationship between Korea and Latin American and the Caribbean has come a long way. As the two economies embraced trade with one another in the early 1990s, their connection went from being irrelevant to being a wealth machine. Bilateral trade grew at an impressive annual rate of 11.5%reaching a record high in 2021. The trade boom was followed by US$26 billion in investments by Korean firms in the region since 2000. Despite this meteoric rise, lingering trade barriers remain, and new challenges are emerging from a string of disruptive shocks to the global economyprotectionist backlashes; growing and interrelated sanitary, food, energy, and climate crises; and a fast-moving “digital transformation.” This monograph argues that, despite the challenges, both economies have a set of policies, institutions, and comparative advantages that, if reinforced and leveraged by trade and cooperation, can turn these shocks into bilateral and global opportunities for inclusive and sustainable growth.

Countries in Latin American and the Caribbean (LAC) are actively pursuing investments in infrastructure to support economic and social growth in sectors including logistics, broadband and communications technology, and upgrading and maintenance of public services.


Venue: Grand Hyatt Seoul

Seoul - South Korea
322 Sowol-ro, Hannam-dong, Yongsan-gu,
Seoul, South Korea, 04347
Business Registration #: 106-81-07732