S. Korea all set for annual ADB meeting slated for May in Songdo
Published : Jan 16, 2020 - 16:47
Updated : Jan 19, 2020 - 09:22
Jung Byung-sik, operation head of the finance ministry’s ADB task force, speaks in a press briefing on Thursday. (Yonhap)
“We have finished reorganizing the official website for the operation of the 53rd ADB Annual Meeting of the Board of Governors,” said Jung Byung-sik, operation head of the ministry’s task force, adding that registration starts Friday.
While official registration is through the ADB’s website (www.adb.org), Seoul’s ministry will also open a Korean version (www.adb2020.org) to provide local details, including information about tourist attractions.
This year’s event will run from May 2 to 5 at Songdo Convensia in Incheon, with some 5,000 attendees expected from 68 ADB member states, the ministry said.
The itinerary will include official ADB sessions -- the opening ceremony, business sessions and a governors’ seminar -- as well as regional summits on the sidelines, such as the Korea-China-Japan financial ministers’ summit and the ASEAN Plus Three finance ministers’ meeting.
As host, Korea will also have the opportunity to promote its high-tech industries and culture to the participant countries and individuals, according to the ministry.
In ADB-led project presentations, Korean public institutions such as the Public Procurement Service, the Korea Trade-Investment Promotion Agency and the Export-Import Bank of Korea will provide counseling sessions to companies in attendance.
In January last year, Asia’s fourth-largest economy announced that it will hold this year’s ADB gathering. During the following months, the Finance Ministry initiated a pan-government task force and has held four working-level meetings with its ADB counterparts throughout the year.
In March this year, new ADB President Asakawa Masatsugu is set to visit Seoul and Songdo to conduct a preliminary check, officials said.
Headquartered in Manila, the Philippines, the ADB was established in 1966 to boost regional economic cooperation in the Asia-Pacific region and to operate development funds for member states.
By Bae Hyun-jung (firstname.lastname@example.org)
Feb 26, 2020