In October 2019, I was invited by ProColombia to participate in the fifth business summit between South Korea and Latin America. The Colombian delegation group was led by high government representatives, starting with the Tourism, Commerce and Industry Minister, Jose Manuel Restrepo. Among the participants were representatives from various fields; including the food industry, renewable energy, information and technology and 4.0 industries as well as academics.
The goal of the delegation was to promote commercial flow and incentivize investments, as well as promote cooperation in topics such as creative industries, the use of science and technology for industrial innovation and the implementation of the 4th industrial revolution in Colombia. Korea-LAC summit is organized by the IDB, the Korean ministry of economy and finance, Korean Exim bank and KOTRA (Korean agency for the promotion of commerce and investment). As a Highlight, South Korea is the third largest Asian investor in Colombia. According to the Republic’s Bank, in the last decade there were incoming transactions for over USD $183 million. Our virtual laboratories proposal was very well received by the audiences.