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HS Hyosung Vice Chairman Cho Hyun-sang, proper, speaks with Devendra Fadnavis, chief minister of India’s Maharashtra state, throughout this 12 months’s World Financial Discussion board in Davos, Switzerland, Wednesday. Courtesy of HS Hyosung
HS Hyosung Vice Chairman Cho Hyun-sang attended the 2026 World Financial Discussion board in Davos, Switzerland, to discover sustainable development methods for the worldwide chemical trade, the corporate mentioned Thursday.
Cho was invited to the discussion board’s chemical governors’ assembly, the place he met with leaders of the world’s high chemical companies, resembling BASF and Dow.
He mentioned the affect of geopolitical dangers on world provide chains and techniques to handle the long-term results from capability growth within the Center East and China. Cho additionally shared the agency’s imaginative and prescient for environmentally pleasant supplies and its dedication to the transition to net-zero emissions.
Cho met with Canadian Finance Minister Francois-Philippe Champagne and emphasised the strategic position of Korea and Korean companies in enhancing world provide chains. The assembly was held on the request of Champagne.
The HS Hyosung vice chair additionally expressed gratitude for Canada’s cooperation with Korea — demonstrated on the latest Asia-Pacific Financial Cooperation summit in Gyeongju, North Gyeongsang Province. Cho known as for Canada’s continued help for Korean companies.
He additionally held talks with Devendra Fadnavis, chief minister of India’s Maharashtra state, to debate HS Hyosung’s potential funding within the fast-growing Indian market. The state, positioned in western aspect of India, accounts for about 15 % of the nation’s industrial output and roughly 14.7 % of its gross home product, making it India’s largest industrial hub.
Fadnavic known as on the Korean superior supplies maker to grab alternatives in India’s home and export markets by making funding there, whereas on the identical time contributing to India’s job creation and industrial growth.
“HS Hyosung will proceed to strengthen communication with governments and firms throughout the globe to help nationwide and company development, and increase cooperation with them for the well timed transition to a low-carbon, environmentally pleasant society,” Cho mentioned.
Cho has been an everyday participant on the Davos discussion board, enjoying an energetic position in non-public sector financial diplomacy by partaking in discussions on main world agendas with trade leaders.
He was beforehand chosen as a Younger World Chief (YGL) by the discussion board and is the one Korean member of the YGL G20 Initiative, a community of younger world leaders from G20 international locations.
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