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[News Article] Amcham head says 2020 is a big year to be in business in Korea

Amcham head says 2020 is a big year to be in business in Korea​ James Kim, American Chamber of Commerce (Amcham) in Korea chairman and CEO, discusses Korea's stance as an investment site for U.S. companies and pending business issues in Korea and the United States, during an interview with the Korea JoongAng Daily at Amcham Korea's headquarters in Yeouido, western Seoul. [PARK SANG-MOON] [Korea JoongAng Daily] With the coronavirus pandemic, 2020 has been a tough year for businesses all over the world. But for multinational companies, Korea was the best location to be as a regional office, said James Kim, chairman and CEO of the American Chamber of Commerce (Amcham) in Korea.   “If you take a look at Europe or U.S. cities, they’re in a virtual lockdown whereas in Korea, yes, we may wear masks for the most part but we have never had a lockdown,” said Kim. “So they look at Korea as another market for them to increase revenue.”   Amcham Korea had its share of success thanks to such recognition, setting records for the most new members and events held in its 67-year history.   The Korea JoongAng Daily sat down with Kim to discuss what it was to be a foreign company in Korea over the past year and the pending issues for businessmen of both countries: The U.S.-China trade war, a new U.S. administration and an ongoing pandemic.   The first Korean-American to head the organization, Kim is now in his fourth year as Amcham Korea chairman and CEO. He previously served as chief executive at Korean units of Yahoo, Microsoft and General Motors.   Below is an edited excerpt of his interview on Nov. 11 at Amcham Korea’s headquarters in Yeouido, western Seoul.     Q. Korea was one of the first countries to be affected by the coronavirus and to have the government establish safety measures. For your member companies, was it an advantage being in Korea this year?   A. Obviously, the whole world knows that Korea did a fantastic job with Covid-19. I think that Korea may have invented the “3Ts” — from the testing, tracing to treating — which is really unprecedented. This turned out to be a very positive case for American companies that operate here to talk about the great things Korea has been doing to their company headquarters.     If you take a look at European or U.S. cities, they’re in a virtual lockdown whereas in Korea, yes, we may wear masks for the most part but we never had a lockdown. So they look at Korea as another market for them to increase revenue. One example is McDonald’s. They operate over 400 restaurants here, and this is the one of the few countries in the world where every store is in operation today.     Q. In the past few years, I’ve seen a lot of Korean IT firms complain that there’s reverse discrimination against them since the local government has a weaker grip on foreign companies here. What is your opinion on this?   A. I think that whenever companies do very well in any country, the regulators have to take a look at it. I see sites like YouTube and Netflix have done really well, but at the same time Korean companies like Naver, Kakao and Coupang — they’re all doing really well too and I think they also face similar challenges. So I don’t really bond with the notion that there’s a lot of discrimination going on at all. I just think it’s the nature of when you’re big, everyone’s going to have attention on you.   But despite that, American investors are still big in Korea. Last year, U.S. companies invested $39 billion dollars in stock here, employed 116,000 jobs here in Korea, and research and development [investment] was like $900 million last year alone. I think it goes to show you that despite any concept of discrimination, American companies have not stopped or lost enthusiasm to invest here. I expect a lot more than that.      Q. There’s anticipation that Hong Kong losing its power as an Asian financial hub may benefit Korea. Do you see that as a realistic scenario?   A. First and foremost, Hong Kong was not built overnight. It’s been there for a long time and took a long time [to be what it is today]. But I quite frankly think this is a good opportunity for Korea. With our declining population here, we need to become more of a global regional hub.    That’s why I applauded The New York Times for coming to Korea. I actually spent a lot of time with Stephen Dunbar-Johnson, international president of The New York Times Company. He explained his reasons for why they came here: One was obviously freedom of the press. The second, that Korea has amazing digital infrastructure so they can use this hub.   So I feel Korea is on the right track. But I also know it’s a sensitive discussion given the importance of China to Korea. The more Korean government touts “come here” it might be viewed as negative to China. But as someone who is an American citizen promoting businesses here, for both Korea and the United States, I’d like to see IT companies, national institutions and manufacturing regional hubs here.     Q. Have you received a lot of inquiries from companies to move from Hong Kong or China to Korea recently?   A. Yes, we have. I can't disclose names to you but The New York Times was such a visible decision. There are companies that are interested in expanding more in Korea just because Korea is getting a lot bigger. If you take a look at why the great companies are here, it’s not just because the market itself but because of the important partnership opportunities with companies like Samsung, LG and Hyundai. They’re huge global companies today, and if you want to have collaboration with them, they really should be here.     Almonty Industries, for example, is now producing the largest tungsten [mine] in Korea. They’re in the process of finalizing here. Right now, 80 percent of our tungsten comes from China. So this is the play where they’re going to diversify away from China. And tungsten is a very important resource for semiconductors and IT companies.     Q. Korea is a small market by population. Why do foreign companies want to come here?   A. Let’s talk about size. Population may not be that big, but it’s also the sixth largest trading partner of the United States. This is also the home to an export base to China where 30 percent of our exports go to.    The second thing is the geographic location. We’re close to all the different major Asian countries: China, Japan to Singapore. Third is the digital technology side — because of the ability to work with companies like Samsung and LG, a lot of innovation. People say if you can learn in Korea especially about things like the speedy customer service you can take that value or learning to anywhere else.   People also like living and working in Korea. In fact, I talk to a lot of the expats that are here and I don’t know a single CEO that said “I want to get out of Korea.” They all want to extend their stay. I think now with Covid-19, it has given them extra reason to be here. They’re safe.     Q. Korean companies and the government like to say that they’re moving past the stage of being a fast follower and are turning into a first mover. Would you agree?   A. I think it’s a combination. In some arenas Koreans can replicate what happened in the United States and do much better here. In some cases, [we see] Korean leadership, and Covid-19 is one example.     I think Koreans are innovators. They move really fast. When I worked in the IT business, Koreans invented phablets. I still remember [Apple’s] Steve Jobs, before he passed away, he actually said publicly, "over my dead body are we going to allow big phones." But guess what: Bigger phones are now doing so well.   And the drive-through for Covid-19 testing. That’s innovation from Korea right there in something as important as the pandemic. So those are couple of the examples I feel like the world can learn from Korea. Koreans’ “bbali-bbali ['quickly' in Korean] culture” can make that happen.     Q. The U.S. presidential election just ended this month with President-elect Joe Biden’s victory. What impact will that have on Korea and its relation with the United States?   A. First and foremost, Amcham is a non-political organization. Throughout my history at Amcham, we have worked with both Democratic and Republic presidents. Even the U.S. military here has worked on both sides. So for me, regardless of who winds up in office, I believe we have strong and smart people from both sides who will preserve this 70-year plus alliance between two countries. Because it’s not just commercial. It’s a cultural one, and obviously the military side of the equation makes it even move special.   As for President-elect Joe Biden, I met him in 2013 when he was sitting vice president. We had a very good dialogue. I remain very confident that he will be a very strong participant in the two's ties together. And he has a lot of people he has worked with — all the different ambassadors are in place, all the different people in the state department and administration. I feel like it’s going to be a continuation.     Q. A big issue for local businesses is the U.S.-China trade war. How do you see the situation going next year?   A. I think that China has always been a big concern for most Americans who are following the news. Under President Joe Biden, I think there will continue to be some pressure on a lot of different fronts not only on the commercial side but other social agendas that Americans have expressed concerns about, including freedom of press.     But from a Korea side, obviously Korea needs to be very careful in how they pick sides if they have to. And I hope no one’s asking them to pick any sides, but what I would look at is: The United States has had the closest relation with Korea for 70 plus years, so I think that bond will stay. But at the same time China is now becoming their largest trading partner [that accounts for] 30 percent of exports.   What I want to caution the Korean government is on diversification. Thirty percent to any one country, I think, is too big. If I was a business person selling widgets, I don’t want one customer representing 30 percent of my business, which is why I think Korea should diversify further away.     Q. What would you say is the biggest issue in the business realm for both Korea and the United States next year?   A. I’d say the most important thing is what happens to any second or third waves of the pandemic. We have a lot of events planned right now, including our upcoming inaugural ball in February. Over a thousand people historically participate, but this year we had to tone it down. And we have this Doing Business in Korea seminar which is going to be very, very big. Because of the pandemic, Korea has really escalated its public profile. At this seminar we want to showcase why Korea could take a lead and having more business opportunities here.     Q. Covid-19, I imagine, is an unprecedented event for you and your members. How does that effect Amcham in setting plans for 2021?   A. If you take away the travel and tourism this year, so many American companies are doing well. At Amcham, we’re going to have a record year this year — from the number of members that signed up, number of events we had, to the type of economics that we can generate.     This year has become the best year in our history because we transformed our business model from just having offline events to a lot of webinars. So that’s a digital transformation that we’re seeing. In fact, because we do so many webinars today that are produced at a high quality, we can get more people interested in participating. Whereas before, people would come in, they looked at it as a networking event. But here, it’s a lot of good solid business.   And I think because of the pandemic more people need organizations like ours to help them with advocacy, help them with marketing; they need more information from us and other types of networking opportunities.   We’re continuing to add to our employee base. We want to do more digital transformation — more video and virtual settings. Not just doing it at Zoom or Microsoft Teams, we want to make it really more multinational and really high quality so that any audience who calls in from anywhere can see a very high quality product. This can’t be done in the traditional PC [environment] anymore.   BY SONG KYOUNG-SON   [song.kyoungson@joongang.co.kr]


[Member News] Trade Finance fintech Mitigram further establishes global leadership with ground break…

 Trade Finance fintech Mitigram further establishes global leadership with ground breaking partnership STOCKHOLM, Nov. 16, 2020 /PRNewswire/ -- With GTR returning to the Nordic region for its leading annual Trade Finance conference, Mitigram - born in the Nordics and today the world's premier global platform for funding and hedging trade risks - celebrated 5 years since its official launch.Mitigram is the first digital market network for Corporates, Traders and Financial institutions.  The network was launched in 2015 with a vision to close the digitisation gap between the needs of Corporate Treasury and Trade Finance, allowing for corporations to manage their Trade Finance pricing and transaction processing on a central platform."We knew from the start that it was not possible to establish a Trade Finance marketplace overnight." Mitigram's founder and Chief Product Officer Marjon Wohlén said in preparation for the annual GTR Nordic event, which this year took place virtually on November 10 and 11. "But 5 years down the road we can confidently say that Mitigram has managed to create a truly global trusted market network," Marjon continued.Mitigram will also have a spotlight in another major trade finance event, Structured Finance; virtually organised by the leading German publisher Finance Magazin from November 23 to 26. Mitigram approaches the fintech space with a distinctive inclusive vision, acknowledging that there is no market solution that can single-handedly address the inefficiencies in the industry.According to Mitigram's CEO, Milena Torciano, "The need for digitisation in Trade Finance is now, more than ever, a pressing issue. Especially in times of global crisis, where all countries are affected simultaneously, corporates, traders and financial institutions have the unique opportunity to close the gaps between the demand and supply of Trade Finance and to improve processes by adopting state of the art digital solutions."Such acceleration in the adoption of technology to maximise efficiency cannot happen in a divided ecosystem. Financial institutions have traditionally been cautious in adopting technologies without clear track records and advanced security. Interoperability challenges between different technology partners and solution fragmentation are major issues hampering adoption of new applications. To deliver innovative solutions with long-lasting user benefits, and to achieve sustainable growth, will require fintech players to realise the synergies that come about through collaboration and recognition of mutual strengths. This model of fintech Inclusiveness can substantially reduce the challenges between innovation needs and technology adoption.As a demonstration of its commitment to inclusiveness, Mitigram has recently engaged in a partnership with fellow fintech Bolero - a leading global trade finance digitisation expert - combining resources in a strategic move to accelerate technology adoption. The partnership brings consolidation of processes, and offers a one-stop solution for corporates and banks. For the first time, corporates are able to manage all their trade finance pricing and transaction processing (including electronic documents presentation) on a secure central platform, benefiting from a seamless, end-to-end experience.Aside from the Bolero partnership, Mitigram has also signed an agreement with Swift for the implementation of the Swift L2BA application which will go live early next year, enabling corporations and banks to choose their preferred instruction delivery channel on Mitigram.Mitigram has already facilitated the negotiation of over USD 55 Bn in Trade Finance across its 200+ top-rated clients. The recent release of the match-making engine Open Market Discovery has further broadened the reach for corporations and traders to access financing opportunities in countries and regions that were previously difficult to cover with their existing network of financial partners.About Mitigram (WWW.MITIGRAM.COM)Mitigram is the premier global online platform for funding and hedging the risk of trade. Adopted by multinational corporations, leading commodity traders and many of the world's largest banks, Mitigram offers a collaborative, efficient and cost-effective way for corporations to securely interact with their financial institutions in the negotiation of trade finance, bonding & guarantees and risk mitigation. Mitigram also allows banks to collaborate with each other and with non-bank financial institutions in the exchange of information to allow for trade finance needs to be effectively communicated and redistributed. The platform provides access to an extended network of counterparties, supports comprehensive automated quotation workflows and provides all parties with a better understanding of market pricing.Launched in 2015, Mitigram has facilitated over $55 billion of trade finance in 100+ countries, covering the risks of over 1000 issuing banks in both developed and emerging markets.About Bolero International (WWW.BOLERO.NET)Bolero International has built a strong reputation and market leadership position in driving the digitisation of global trade. With more than 20 years' experience in trade, maritime and cloud technologies, Bolero has the knowledge, experience and proven track record of helping the industry transition and capitalise on the benefits of digitisation.Its multi-banking trade finance and electronic bills of lading solutions have worldwide recognition and are seamlessly connecting corporates with their logistics partners and financial institutions around the world.Bolero is where the physical and financial supply chains converge. With Galileo, clients can tap into the Bolero's connected digital ecosystem, that is secure, trusted and fully interoperable.For more information, please contact:Uon KimSales Director-AsiaTel: +82-107637-0167uon.kim@mitigram.comSOURCE Mitigram​


[Member News] Visa named ‘Inclusive Company’ by Ministry of SMEs and Startups for commitment to supp…

 ​ Visa named ‘Inclusive Company’ by Ministry of SMEs and Startups for commitment to support small businesses entering overseas markets   u  MOU on 11th attended by Park Youngsun, Minister of SMEs and Startups; Al Kelly, CEO and Chairman of Visa; Chris Clark, Regional President for Visa Asia Pacific u  Olympic short track champion turned fashion brand CEO Park Seung-hi and other small and medium-sized business owners showcase their experiences   November 11, 2020 – Visa, the world’s leading payment network, has become the 21st company to receive ‘Inclusive Company’ designation by the Ministry of SMEs and Startups (MSS), which recognizes large businesses’ voluntary efforts to promote win-win partnership with small and medium-sized enterprises and merchants by sharing their technologies and infrastructure. The designation is a meaningful nod to Visa’s efforts to support small and medium-sized merchants, which are among the hardest hit by the pandemic, to penetrate online channels and overseas markets and make their payment process more efficient.     At its office in Seoul on November 11, Visa signed a four-party memorandum of understanding (MoU) with the MSS, global e-commerce platform Shopify and the Korea On-Line Shopping Association (KOLSA) to assist Korean small and medium-sized businesses and merchants to advance to global markets. The signing ceremony was attended by Park Youngsun, Minister of MSS; Chris Clark, Regional President of Visa Asia Pacific; Mark Wang, East Asia Lead at Shopify; Kim Hakdo, Head of Korea SMEs and Startups Agency; and Kim Yoontae, Vice Chairman of KOLSA.   Moreover, Park Seung-hi, an Olympic gold medalist turned CEO of her own fashion brand, and key hero merchants from Visa’s Where You Shop Matter initiative, joined the ceremony to introduce their company’s products and shared their expectations for this partnership.   Visa will collaborate with homegrown startup SpurSell to establish a one-stop integrated system that helps small and medium-sized merchants penetrate overseas and online channels and provide practical support as a partner.   The partnership comprises of sales solution, advertising and marketing supports through global networks operated by Visa and its partners, in addition to a B2B solution based on Visa’s tokenization technology for more efficient payment and settlement processes.   “With e-commerce rapidly growing driven by the pandemic, I would like to thank Visa on behalf of the Republic of Korea government for the company’s multi-pronged efforts to support Korean small and medium-sized merchants to enter global online marketplaces,” said Minister Park Young-sun. “The MoU reflects the government’s strong commitment to a meaningful public-private across the border collaboration.”    “Since first entering the Korean market in 1978, Visa as a global payment network company has been focused on establishing a strong payment ecosystem across the world. We have been especially impressed by the Korean government’s diverse efforts to overcome the crisis induced by COVID-19,” said Al Kelly, Visa CEO and chairman through a congratulatory video message. “The designation as an ‘Inclusive Company’ resonates with Visa’s core principles of Openness, Inclusiveness, and Trust.”   Chris Clark, Regional President of Visa Asia Pacific, said, “This was an opportunity to for us to have a greater sense of responsibility for the Korean market. We will do our best to provide opportunities for small and medium-sized Korean businesses to advance into bigger markets.”


[Webinar] AMCHAM Fireside Chat with CSIS: What the U.S. Presidential Election Means for the U.S.-ROK…

 October 29, 2020 – AMCHAM proudly hosted two of the most insightful and well-connected experts on the political stage in Washington DC for an exclusive discussion on the election and what it means for the U.S.-ROK relationship. Dr. John J. Hamre and Dr. Victor Cha of the Center for Strategic and International Studies (CSIS) joined James Kim, AMCHAM Chairman & CEO, for an interactive conversation and shared their insights on how the presidential election may play out and what the key implications are for the global economy and for businesses in Korea.   About the SpeakerJohn J. Hamre, CSIS President and CEO / Langone Chair in American LeadershipJohn Hamre was elected president and CEO of CSIS in January 2000. Before joining CSIS, he served as the 26th U.S. deputy secretary of defense. Prior to holding that post, he was the under secretary of defense (comptroller) from 1993 to 1997. As comptroller, Dr. Hamre was the principal assistant to the secretary of defense for the preparation, presentation, and execution of the defense budget and management improvement programs. In 2007, Secretary of Defense Robert Gates appointed Dr. Hamre to serve as chairman of the Defense Policy Board, and he served in that capacity for four secretaries of defense.Click to view SPEAKER’S FULL BIOVictor Cha, Senior Adviser and Korea ChairVictor Cha joined the Center for Strategic and International Studies in Washington, D.C. in May 2009 as a senior adviser and the inaugural holder of the Korea Chair. He is professor of government and holds the D.S. Song-KF Chair in the Department of Government and the School of Foreign Service (SFS) at Georgetown University. In July 2019, he was appointed vice dean for faculty and graduate affairs in SFS. He left the White House in 2007 after serving since 2004 as director for Asian affairs at the National Security Council (NSC). At the White House, he was responsible primarily for Japan, the Korean peninsula, Australia/New Zealand, and Pacific Island nation affairs. Dr. Cha was also the deputy head of delegation for the United States at the Six-Party Talks in Beijing and received two outstanding service commendations during his tenure at the NSC.Click to view SPEAKER’S FULL BIOMiss a Webinar?


[Webinar] AMCHAM Women's Leadership Committee Webinar

​October 27, 2020 – The American Chamber of Commerce in Korea (AMCHAM) hosted the Women's Leadership Committee Webinar focusing on highlighted systematic challenges women face on entrepreneurship due to the COVID-19 pandemic. This includes a lack of access to funding/finance, lack of network, and competing gendered priorities such as childcare. This session offered strategies for women entrepreneurs with funding option to find success via help of a successful woman entrepreneur and an accelerator who has helped hundreds of startups. The speakers include Sinhae Lee, partner of Global Blockchain Innovative Capital, Eugene Kim, partner of Sparklabs and Christina Ahn from Stanton Chase Korea as the moderator.​  About the SpeakerSinhae Lee, Partner at Global Blockchain Innovative CapitalSinhae is Partner at GBIC — a crypto fund, and Block72 — a comprehensive blockchain consulting firm based in US, China, and Korea. Prior to joining GBIC, she has been deeply involved in the FinTech/blockchain industry in Silicon Valley. She led business development and operations at a payment start-up, Coin, which was acquired by FitBit in 2016 and later worked at NerdWallet, a FinTech start-up in San Francisco. She started her career as a management consultant at McKinsey & Company. She brings her Silicon Valley and consulting experience to the blockchain/crypto industry. She has been participating in and speaking at numerous FinTech & blockchain conferences including Money2020, SFBW (San Francisco Blockchain Week), etc. Also, she is nominated for Top 100 Women In Fintech 2018 by Lattice80 along with other female leaders including some executives from JP Morgan, UBS, MasterCard, Tencent, and HSBC.Sinhae holds an MBA from Stanford University and a B.A. in Business from Korea University. Also, she is currently teaching at Kookmin University in Seoul, South Korea as an adjunct professor. Eugene Kim, Partner at SparklabsEugene is currently the Partner of Sparklabs and manages the day –to-day operations of the Sparklabs accelerator program.Eugene previously served as a Director of Global Business Development at Tencent Korea. He was responsible for the sourcing of Korean game titles to China and Tencent’s global publishing network, headed the global sales of Tencent game titles, and he managed relationships with Tencent’s global publishing partners. Prior to Tencent, Eugene was Director of Business Development and Marketing at Podotree, an online educational app developer in Korea. He was responsible for their marketing and launch effort into the U.S. Previously, he was with Vertigo Games as the Group Manager of the Overseas Business Group.He earned his BA in Economics and Philosophy from the University of Michigan. Miss a Webinar? 


[Webinar] AMCHAM Human Resources Virtual Seminar Series 2020

   October 22, 2020 – The American Chamber of Commerce in Korea (AMCHAM) hosted the first session of the Human Resources Virtual Seminar 2020. This session focused on employee wellness during the COVID-19 pandemic. The speakers include Austin Kweon and Amanda Mercep from Aon and Mira Lee, senior human resources manager from GE Korea as the moderator.   About the SpeakerAustin Kweon, CEO and Head of Retirement Solution, Korea - AonAustin Kweon is an expert on Pension Risk, Behavioral Finance, Employee Benefits, Health Care, and Post Merger Integration. He has been advising numerous multinational companies and Korea local companies regarding their transformation by resolving those complex issuesBefore joining Aon in 2005, he had worked as Pension and Healthcare Economist. He has published numerous articles in the major media such as Wall Street Journal Asia, Korea Economic Daily, ChosunIlbo, Mail Economic Daily, Money and many others. He is a frequent speaker at many professional conferences. He has chaired and spoken at Asian Investor’s Annual Institutional Investment Forums, Private Equity International’s Global Private Equity Seminar, Global HR Forum, as well as AMCHAM seminars.He holds a Master of Science in Actuarial Science from Boston University after his MA/BA in Economics, and completed Harvard/Hewitt Accelerated Leadership Development Program. Amanda Mercep, MPH, Head of Wellbeing Solutions, North Asia - AonA public health professional with over 12 years of experience in corporate wellbeing in both private and NGO settings. Her expertise lies in employee engagement, program design / implementation, marketing & communications, vendor management, wellness-related capital projects, environmental health and business continuity planning. Previously, Amanda was Vice President, Wellness for Goldman Sachs, where she was responsible for advancing the employee value proposition as well as developing resilience initiatives for the firm. Prior to that, Amanda held community and corporate health director roles at the American Heart Association and the American Cancer Society in New York.Amanda holds a Bachelor of Science in Exercise Science from Skidmore College and a Master in Public Health from Columbia University School of Public Health. Webinar BriefAMCHAM is hosting the Human Resources Virtual Seminar Series 2020 to safely provide an in-depth look into the evolving HR industry amid the COVID-19 pandemic. This Series includes multiple sessions from various industry experts leading up to the 2021 Human Resources Workshop.  This first session, which was scheduled for Thursday, October 22, covered the topic "Enhancing Employee Wellbeing During COVID-19." With rising healthcare costs and demand to recruit and retain top talent, wellbeing is becoming an increasingly important part of companies’ overall business strategy and employer value proposition. The added pressures of the pandemic have made wellbeing even more of a business imperative, with heightened focus on addressing the mental health, financial stress and social isolation amongst employee populations.  For a professional review of the topic, representatives from Aon will explored how wellbeing extends beyond just the physical dimensions to emotional, social, and financial aspects as well. Innovation trends in this space and practical strategies on how to approach business planning to ensure wellbeing is embedded within an organization will also be shared.​ The second session will take place on Thursday, November 26.Miss a Webinar?https://youtu.be/UkBUQdCax0o


[Webinar] AMCHAM Energy & Environment Committee Meeting Webinar

  October 15, 2020 – The American Chamber of Commerce in Korea (AMCHAM) hosted the Energy & Environment Committee Webinar focusing on the future of gas markets post COVID-19 pandemic. The speakers include Carlos Torres Diaz of Rystad Energy, Sandra park of Woodside, James Mactaggart of Next Decade and Susna Ji from Baker Hughes as the moderator.  About the SpeakerCarlos Torres Diaz​, Head of Gas and Power Markets Research at Rystad Energy​Topic : Session 1. PresentationCarlos Torres Diaz is Head of Gas and Power Market Research at Rystad Energy. He and his team develop the gas and renewables coverage for the  company and he frequently participates in related consulting work.Click to view SPEAKER’S FULL BIO Sandra Park, Chief Representative Korea, WoodsideTopic : Session 2. Panel DiscussionSandra has extensive commercial experience spanning business development, marketing and commercial contract engineering.Throughout her career she has worked on globally significant oil and gas projects across multiple countries including Australia, Indonesia and Mozambique. Sandra’s international experience includes playing a key role in the establishment of Samsung’s Mozambique and Nigerian entities.Click to view SPEAKER’S FULL BIO James MacTaggart, SVP of LNG marketing/Asia, Next DecadeTopic : Session 2. Panel DiscussionJames MacTaggart is Senior Vice President, LNG Marketing – Asia and Middle East, of NextDecade Corporation (NASDAQ: NEXT).NextDecade is a liquefied natural gas (LNG) development company focused on LNG export projects and associated pipelines in Texas. NextDecade intends to develop the largest LNG export solution linking Permian Basin associated gas to the global LNG market.Click to view SPEAKER’S FULL BIOWebinar BriefThis webinar covered the outlook on gas globally and in the Asia Pacific Region including the future of gas markets post COVID-19 pandemic. Discussions also brought valuable insights on gas as a role in the future as a transition fuel as well as an important part of the energy mix, leading to the promising concern on how we can collaborate as an Asia Pacific region regarding gas in addition to the role of partnership and technology​. Many valuable insights with prominent experts from Rystad Energy, Woodside, Next Decade Asia, and Baker Hughes​ were shared to out webinar attendees.Miss a Webinar?