Chey Tae-won calls APEC Summit showcase for Korean democracy

By Lim Jaeho Posted : July 17, 2025, 16:25 Updated : July 17, 2025, 16:25
KCCI Chairman Chey Tae-won delivers opening remarks at the 48th KCCI Summer Forum Courtesy of the Korea Chamber of Commerce and Industry
KCCI Chairman Chey Tae-won delivers opening remarks at the 48th KCCI Summer Forum. Courtesy of the Korea Chamber of Commerce and Industry

SEOUL, July 17 (AJP) - Chey Tae-won, chairman of SK Group and president of the Korea Chamber of Commerce and Industry (KCCI), said Thursday this year’s APEC Summit in Seoul will serve as a “grand showcase of Korea’s economic strength” and a rare opportunity to bring global business leaders into direct dialogue.

Speaking at the opening of the 48th KCCI Summer Forum in Gyeongju, Chey cast the October summit as both a symbolic and strategic milestone for the country.

“This year’s APEC Summit must become a historic event that signals the restoration of Korean democracy,” he said. “It also presents an extraordinary chance to spotlight our economic capabilities on the global stage.”

The APEC CEO Summit, held alongside the official gathering of Asia-Pacific Economic Cooperation leaders, is the region’s largest business forum. The Seoul event is expected to attract senior executives from the 21 member economies — collectively representing roughly 60 percent of global GDP — as well as more than 1,700 corporate leaders from around the world.

Chey said KCCI would coordinate closely with government officials to ensure the summit serves as a platform for new international business partnerships. Plans include a slate of side events such as the Future Tech Forum and the K-Technology Showcase, designed to highlight Korean firms’ advancements in innovation and sustainability.

“These programs will not only demonstrate Korea’s technological edge but also its long-term vision for growth and resilience,” he said.

Chey also used the forum to reflect on the broader mission of Korean industry leaders at a time of economic and geopolitical uncertainty.
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