AustCham News

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AustCham News2018-08-02T12:05:08+09:00

AustCham News

[E&R SubCom] Breakfast Roundtable with Australia’s Ambassador for the Environment

Energy & Resources Sub-Committee  Breakfast Roundtable with Australia’s Ambassador for the Environment On Tuesday 19 March, AustCham Korea’s Energy & Resources Sub-Committee hosted a breakfast roundtable with Australia’s Ambassador for the Environment, Mr Patrick Suckling. Hosted at AustCham’s Silver Sponsor venue, Millennium Seoul Hilton, the Ambassador briefed roundtable attendees on Australia’s economic diplomacy, climate change action and emissions reduction agendas. During the discussion, the Energy & Resource Sub-Committee representatives updated the Ambassador on current renewable energy initiatives in Korea and possible opportunities for further engagement between Australia and Korea in the renewable energy and hydrogen sectors. AustCham Korea would like to thank the Ambassador, Mr Patrick Suckling and representatives from the Australian Embassy, AustCham’s Energy & Resource Sub-Committee, Macquarie, Woodside and ReClean Holdings for their time and participation. Mr Suckling is a senior career officer with the Department of Foreign Affairs and Trade (DFAT), most recently serving as Australia’s High Commissioner in New Delhi. He was previously posted overseas as Counsellor at the Australian Embassy in Washington. He is responsible for promoting and protecting Australia’s national interests on global environmental issues, including through leading Australia’s negotiations under the United Nations Framework Convention on Climate Change (UNFCCC). If you would like more information about joining the Sub-Committee, please email Rowan Petz,

Business Reception with South Australian Minister for Trade, Tourism and Investment

AustCham Korea's Energy & Resources Sub-Committee On Monday the 11th of March, AustCham’s newly established Energy & Resources Sub-Committee held a Business Reception with the South Australian Minister for Trade, Tourism and Investment, Hon David Ridgway MLC, at The Shilla Hotel. Attracting over 40 guests from various business sectors, the reception was a great opportunity for the visiting Minister to update the Chamber on South Australia's hydrogen and renewable energy projects, while facilitating a broader discussion amongst attendees. Since the release of the South Australian Hydrogen Roadmap in 2017, the South Australian Government has been highly engaged in the development of the hydrogen economy to harness its high penetration of wind and solar renewable energy (approximately 48% in 2017-18). In 2018, South Australia co-invested over A$17 million in grants to four hydrogen production projects at various stages of the development pipeline. South Australia also collaborated at the National level with sponsorship of the 2018 CSIRO National Roadmap and as a key contributor to the development of the National Hydrogen Strategy. The Chamber would like to thank the Minister, Austrade and all those who attended the Energy & Resources Sub-Committee for its first event for the year. If you have an interest in the sector and would like more information about the Chamber’s Sub-Committee, please contact Rowan Petz - Event Photos

AustCham Korea – Internship Opportunity

Key Details Location: Jongno-gu, Seoul, South Korea Organisation:The Australian Chamber of Commerce in Korea | AustCham Korea Duration: 3 Months Work Status: Part Time/ Full Time Application Period: 28th of February 2019 Application Process To apply for this position, please submit your CV to by the 28th of February 2019. Only applicants who are successfully shortlisted for the interview will be contacted. Internship Offer AustCham is looking for undergraduate or recent graduate candidates to intern with the team in Seoul. There are no specific perquisite study requirements, however, a strong interest in international business, interpersonal skills and teamwork ability, strong communication skills and strong proficiency with ICT are essential. Although not mandatory Korean language skills will be favourably considered. The role, although not limited to these areas, will have a strong focus on communications and event management. Key Skills & Attributes Strong Interest in International Business, particularly the Australia-Korea business partnership. Excellent written and spoken communication skills to be applied in the business setting. Familiarity and efficiency with basic ICT and commonly used software applications (e.g. Microsoft Office Suite, Facebook, LinkedIn) and ability to quickly learn other skills as required. Further ability, particularly in relation to web-design and media creation will be favourably considered. Key Duties: Communications and Design Draft, edit and create content to for AustCham’s communications channels as well as internal operations. Update and deliver AustCham’s monthly newsletter. Create and distribute event promotional and flyers material across the AustCham website, Facebook [...]

Meeting with the Foreign Investment Ombudsman

Chamber meets with newly elected Foreign Investment Ombudsman [17 October 2018] As a part of the Chamber’s advocacy initiatives, AustCham Korea’s Chair, Chris Raciti, sat down with the newly elected Foreign Investment Ombudsman, Kim Sung Jin and representatives from the state-funded trade and investment promotion organisation (KOTRA) to discuss best practices in resolving business related issues. Directly commissioned by President Moon, the Foreign Investment Ombudsman works to resolve various grievances of foreign investors and foreign-invested companies through close cooperation with “home doctors,” who have deep knowledge and expertise in their respective fields of finance, taxation, intellectual property, construction, labor, environment, etc. as well as with investment cooperation officers dispatched from the central and local governments. Working alongside KOTRA and the Foreign Investment Ombudsman, the Chamber encourages Members to contact us for assistance in resolving business related grievances. For more information, please contact Sola Nam, Executive Director of AustCham Korea - Foreign Investment Ombudsman

POSCO Gwangyang Steel Mill Site Tour

POSCO Gwangyang Steel Mill Site Tour  Thursday 30th August, AustCham Korea and extended guests were invited to visit and tour POSCO's steel mill in Gwangyang, South Korea. As Australia's single largest customer in its export market, invitees were able to gain an in-person perspective of the size and magnitude of POSCO's operations. POSCO and Australia share and long lasting and important relationship with POSCO buying 40 million tonnes of iron ore and 14 million tonnes of coal from Australian suppliers to make steel products worth U$3.4 billion.  AustCham Korea would like to thank POSCO for organising the tour and for their constant support of the Chamber and the Australian-Korean business community.  The POSCO Gwangyang Steel Mill: •        Crude steel production of 42.2 million tons. World’ s 5th largest crude steel producer (worldsteel, 2017). •        Gwangyang Works, the world’ s largest integrated steelworks, specializing in automotive steel. •        Selected as ‘Metals Company of the Year’ and No.1 in ‘Steel Industry Leadership’ by S&P Global Platts (2018) •        Rated as No. 1 in ‘World-class steelmaker rankings’ for 9 consecutive years by World Steel Dynamics (2010 - 2018)

Chris Raciti Appointed to the Australia-Korea Foundation Board.

Chris Raciti Appointed to the Australia-Korea Foundation Board. Congratulations to Chris Raciti, AustCham Korea Chairperson and ANZ Korea CEO for his appointment to the Australia-Korea Foundation (AKF) Board. Fellow appointees are appointments of Ms Jacinta Thompson and Dr Ruth Barraclough. Ms Thompson is the Executive Director at the Bob Hawke Prime Ministerial Centre at the University of South Australia. She was formerly the Artistic Director of the OzAsia Festival at Adelaide Festival Centre. She is on the steering committee of Asia Pacific Centre for Arts and Cultural Leadership and a member of the Association for Asia Pacific Performing Arts Centres. Dr Barraclough is an Associate Professor at the College of Asia and the Pacific at the Australian National University. She researches contemporary Korean history, gender studies and literature, and translates Korean literary fiction. Dr Barraclough's second book Factory Girl Literature was translated into Korean in 2017 and spent 20 weeks on the history bestseller list in the Republic of Korea. Full Media Release can be found here.