Hanwha Aerospace said Thursday it held a “Global Security Strategy Roundtable” with the International Institute for Strategic Studies, a global think tank, to discuss key international issues.
The event was held Wednesday at Hanwha Building in Janggyo-dong, Seoul. Attendees included Hanwha Aerospace CEO Son Jae-il and senior executives from Hanwha Systems and Hanwha Ocean, the group’s three defense companies.
The IISS delegation included Director-General Bastian Giegerich; Senior Adviser Lee Jung-min; Rami Kim, the institute’s Korea Chair; and Rosamund de Sibel, head of advisory services, Hanwha Aerospace said.
It was the first visit by IISS leadership to Hanwha headquarters since the Korea Chair was established at IISS last year, the company said.
The two sides exchanged views on the rapidly changing security environment and global defense industry trends. Hanwha executives outlined their global business vision, while IISS shared its research and advisory work and plans for the Korea Chair, the company said.
Discussions also covered major security issues including rising defense demand in Europe and the need to strengthen air defense capabilities in the Gulf region, it said.
Founded in the United Kingdom in 1958, IISS is a leading defense and security think tank. It hosts the Shangri-La Dialogue, Asia’s largest security forum, and publishes The Military Balance, a widely used annual assessment of global military capabilities.
The Korea Chair is a permanent research post jointly sponsored by Hanwha and the Korea Foundation for International Cultural Exchange (KF). Hanwha said it is the first Korea-focused position established at a major European security think tank. The inaugural chair, Dr. Rami Kim, is based at IISS headquarters in London and leads research on advanced technology and defense and security issues, the company said.
“Hanwha aims to be a ‘trusted industrial partner’ that grows with partner countries through technology transfer, joint investment and local production, not simply a defense exporter,” Son said. “Strategic cooperation with IISS will be an important foundation for realizing that vision.”
* This article has been translated by AI.
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