* Date : 2019-06-19
Korea and Australia are major, long-term partners in the world that have been maintaining symbiotic relations since establishing diplomatic ties in 1961. The bilateral relationship entered a new phase in 2014 with the establishment of the Korea-Australia Free Trade Agreement, and as a result of that, many Australian companies from all sectors are looking to expand into Korea, Australia’s 4th—largest trading partner. To bridge the gap between the two countries, even before the Kor-Aus FTA came into force, the Australian Chamber of Commerce, AustCham Korea, was founded in 2009 and has since then been representing Australian companies in Korea.
On “The Chamber” this week, we sit down with Chris Raciti, Chair of AustCham Korea, to learn more about the past, present and future of Korea-Australia economic cooperation, the role of AustCham Korea, and ways to encourage more Australian investment in Korea.