Since 1978, the Australia-Korea Business Council (AKBC) has been committed to promoting two-way trade and investment with the Republic of Korea, fostering economic cooperation and partnerships between the Australian and Korean business communities. Korea is one of Australia’s largest bilateral trading partners and the opportunities for deepened engagement and economic success are increasing.
As a member-based organisation, the AKBC provides its members with a forum for the exchange of the latest information on economic, financial and commercial developments in Korea and Australia. Chaired by Hon Simon Crean, the AKBC works closely with senior business leaders in Australia and Korea, governments in Korea and Australia and business communities to enrich relationship, promote understanding of opportunities and ultimately, further increase trade and investment.
AKBC regularly holds events, seminars and exclusive boardroom briefings to provide a forum for discussion of key issues, challenges and opportunities relating to the bilateral relationship. AKBC also offers cultural training programs to help Australia businesses better navigate the Korean business culture to achieve successful outcomes.
The flagship event each year is the Annual Joint Meeting, held between the AKBC and our counterpart in Korea, the Korea-Australia Business Council (KABC), which is chaired by the Chairman of Australia’s single largest customer (POSCO), Choi Jeong-Woo. The Joint Meetings have been held since 1978 and provide attendees with the opportunity to engage in round table discussions relating to the bilateral relationship. This year we are celebrating the 40th anniversary of the AKBC-KABC Joint Meeting in Sydney on November 11 and 12.
Organisations working in the Australia-Korea relationship are welcome to join AKBC as a member. Membership categories of AKBC include SME and corporate as well as a separate membership option for Korean organisations.