Synopsis: Choi Jeong-woo, chairman of South Korean steelmaker Posco, reaffirms the company's commitment to support Ukraine's post-war reconstruction efforts. The meeting with Ukrainian officials in Seoul signifies Posco's dedication to partnering in projects related to steel, energy, infrastructure, food, and secondary battery materials. This collaboration reflects a strengthening bond between the two nations and an effort to contribute to Ukraine's recovery.Article:In a significant development, Choi Jeong-woo, chairman of Posco, the renowned South Korean steelmaker, renewed his company's dedication to joining and supporting Ukraine's extensive post-war reconstruction endeavors. This commitment was emphasized during a recent meeting held at Posco's headquarters in Seoul, South Korea, where Choi met with key Ukrainian representatives, including Ukrainian Ambassador to South Korea Dmytro Ponomarenko, and Ukrainian lawmakers Andriy Nikolayenko and Serhiy Taruta.During the meeting, Choi Jeong-woo expressed his determination, saying, "The partnership between our two countries will be further strengthened. Posco Group will consolidate all its capabilities to initiate reconstruction projects as soon as possible." This statement underscores the steel giant's unwavering commitment to contributing to Ukraine's recovery.Posco had already taken significant steps in this direction earlier this year, with the launch of the "Ukraine Reconstruction Taskforce" in March. This taskforce is poised to participate in a series of rebuilding projects spanning various sectors, including steel, energy, infrastructure, food, and secondary battery materials. Specifically, Posco envisions collaboration in the steel sector, with a focus on areas like energy production for steel manufacturing in Ukraine.Andriy Nikolayenko, one of the Ukrainian lawmakers present at the meeting, expressed his confidence in Posco's role in Ukraine's reconstruction efforts, stating, "I think Posco Group is the best partner for rebuilding Ukraine, which was wounded by war, and further building a new Ukraine." He also assured his active involvement in ensuring the success of this partnership.Recent customs data reveals a significant increase in South Korea's iron and steel exports to Ukraine. From January to August, South Korea exported 9,851 tonnes of iron and steel under HS codes 72 and 73, marking a substantial 51% surge compared to the previous year. However, the value of these exports decreased slightly, reaching $11.28 million, reflecting the collaborative effort's importance to bolster Ukraine's reconstruction.Conclusion:Chairman Choi Jeong-woo's reaffirmation of Posco's commitment to support Ukraine's post-war reconstruction is a testament to the company's dedication to making a positive impact. The meeting in Seoul with Ukrainian officials underscores the strengthening partnership between the two nations, highlighting a shared vision of rebuilding Ukraine and fostering a new beginning. The collaborative efforts in various sectors, including steel, energy, infrastructure, food, and secondary battery materials, aim to contribute significantly to Ukraine's journey toward recovery.
Synopsis: Choi Jeong-woo, chairman of South Korean steelmaker Posco, reaffirms the company's commitment to support Ukraine's post-war reconstruction efforts. The meeting with Ukrainian officials in Seoul signifies Posco's dedication to partnering in projects related to steel, energy, infrastructure, food, and secondary battery materials. This collaboration reflects a strengthening bond between the two nations and an effort to contribute to Ukraine's recovery.Article:In a significant development, Choi Jeong-woo, chairman of Posco, the renowned South Korean steelmaker, renewed his company's dedication to joining and supporting Ukraine's extensive post-war reconstruction endeavors. This commitment was emphasized during a recent meeting held at Posco's headquarters in Seoul, South Korea, where Choi met with key Ukrainian representatives, including Ukrainian Ambassador to South Korea Dmytro Ponomarenko, and Ukrainian lawmakers Andriy Nikolayenko and Serhiy Taruta.During the meeting, Choi Jeong-woo expressed his determination, saying, "The partnership between our two countries will be further strengthened. Posco Group will consolidate all its capabilities to initiate reconstruction projects as soon as possible." This statement underscores the steel giant's unwavering commitment to contributing to Ukraine's recovery.Posco had already taken significant steps in this direction earlier this year, with the launch of the "Ukraine Reconstruction Taskforce" in March. This taskforce is poised to participate in a series of rebuilding projects spanning various sectors, including steel, energy, infrastructure, food, and secondary battery materials. Specifically, Posco envisions collaboration in the steel sector, with a focus on areas like energy production for steel manufacturing in Ukraine.Andriy Nikolayenko, one of the Ukrainian lawmakers present at the meeting, expressed his confidence in Posco's role in Ukraine's reconstruction efforts, stating, "I think Posco Group is the best partner for rebuilding Ukraine, which was wounded by war, and further building a new Ukraine." He also assured his active involvement in ensuring the success of this partnership.Recent customs data reveals a significant increase in South Korea's iron and steel exports to Ukraine. From January to August, South Korea exported 9,851 tonnes of iron and steel under HS codes 72 and 73, marking a substantial 51% surge compared to the previous year. However, the value of these exports decreased slightly, reaching $11.28 million, reflecting the collaborative effort's importance to bolster Ukraine's reconstruction.Conclusion:Chairman Choi Jeong-woo's reaffirmation of Posco's commitment to support Ukraine's post-war reconstruction is a testament to the company's dedication to making a positive impact. The meeting in Seoul with Ukrainian officials underscores the strengthening partnership between the two nations, highlighting a shared vision of rebuilding Ukraine and fostering a new beginning. The collaborative efforts in various sectors, including steel, energy, infrastructure, food, and secondary battery materials, aim to contribute significantly to Ukraine's journey toward recovery.
