"Strengthening the Trilateral Economic Alliance" Hyundai Motor Group Sponsors Korea-US-Japan Economic Dialogue

Hyundai Motor Group announced on the 3rd that it will sponsor the '2nd Korea-US-Japan Economic Dialogue (Trilateral Executive Dialogue·TED),' where political and economic leaders from Korea, the US, and Japan gather to discuss global policies.

TED is a policy seminar where key political and economic leaders from Korea, the US, and Japan come together to deeply discuss comprehensive ways to expand mutual benefits such as economic development and national security. The dialogue was launched last year in San Francisco, USA, with the purpose of strengthening ties among the three countries as a path to economic prosperity, international security, government systems, and firmly upholding shared values. This year, it will be held in Seoul.

Hyundai Motor Group sympathizes with the purpose of TED and sponsors this year's event to contribute to private and government cooperation among the three countries as a leading company in the global mobility industry. The sponsorship continues this year as the main sponsor, following last year.

Photo by Yonhap News

About 100 key figures from the governments, parliaments, and businesses of Korea, the US, and Japan will attend the event held on the 4th at the Grand Hyatt Hotel in Seoul. On the Korean side, participants include Cho Tae-yeol, Minister of Foreign Affairs, Jung In-kyo, Chief of the Trade Negotiation Headquarters, SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman Chung Eui-sun, Ryoo Jin, Chairman of Poongsan Group and President of the Korea Economic Association, as well as Jung Ki-sun, Vice Chairman of HD Hyundai Group, and Hong Beom-sik, President of LG.

On the US side, attendees include seven federal senators, including senior senators Bill Hagerty from Tennessee and Chris Coons from Delaware, former US State Department spokesperson Morgan Ortagus, US Ambassador to Korea Philip Goldberg, and numerous business leaders such as Alex Rogers, President of semiconductor company Qualcomm. On the Japanese side, representatives from Toyota, Denso, NEC, and NTT will participate in the event.

Senator Hagerty, who visited Korea to attend the event, stated, "Now more than ever, it is essential for Korea, the US, and Japan to continuously strengthen their economic, diplomatic, and strategic relationships," and expressed gratitude for the leadership of Chairman Chung Eui-sun, who sponsored this Korea-US-Japan Economic Dialogue.

Hyundai Motor Group officials said, "We are honored to sponsor this important event prepared to solidify the strategic partnership among the three countries and create a future-oriented new relationship," adding, "We will continue to fulfill our role as a leading global mobility company to contribute to sustaining economic and cultural ties among the three countries."