With French President Emmanuel Macron set to hold a summit with President Lee Jae-myung on June 3, more than 100 Korean companies have been invited to a state luncheon. Unlike previous meetings with foreign leaders that typically featured only major corporations, this event includes participants ranging from large conglomerates to startups, aiming to strengthen bilateral networks between the two countries.
According to business and political circles on June 1, President Lee will hold a summit with President Macron at Cheongwadae followed by a state luncheon on June 3. Attendees will include executives from the four largest conglomerate groups as well as representatives of mid-sized firms, small businesses, and startups. Hotel Shilla CEO Lee Boo-jin and LG Corp. Vice Chairman Kwon Bong-seok are among those expected to attend.
In addition, companies operating businesses in France have been invited in large numbers. Pharmaceutical and bio firms including Celltrion (068270.KS), as well as startups in artificial intelligence, nuclear energy, renewable energy, food, and cosmetics are also on the guest list. The leaders of both countries and the attending companies are expected to hold the luncheon under themes including AI, quantum technology, advanced industries, and nuclear energy. Discussions are also expected to cover ways to strengthen cooperation on energy security amid instability in the Middle East.
Earlier that day, key business leaders including SK Group Chairman Tae-won Choi, Hyundai Motor Group Executive Chairman Euisun Chung, and Lotte Group Chairman Dong-bin Shin attended a state luncheon with Indonesian President Prabowo Subianto. President Lee plans to use the back-to-back diplomatic engagements to expand trade with the Global South while establishing a foothold for Korean companies' entry into Europe.