Objectives
The Chamber had the following specific aims:
- To provide its members with general information regarding any developments that may influence their operations in South Korea.
- To coordinate discussions among its members in addressing common problems and opportunities regarding their business activities in South Korea.
- To maintain contacts with high ranking Korean government officials from key ministries as well as other government administrations, local business associations and other lobbying groups.
- To confront the respective Government officials with problems encountered by Members and to recommend changes in the regulations to the appropriate authorities, while monitoring changes in the related legislation.
Having its seat in Seoul, it was also the objective of the Chamber to promote the liberalization of trade and industry in South Korea in conformity with the articles of the World Trade Organization, Organisation for Economic Co-operation and Development (OECD) and the framework Agreement between South Korea and the European Union.
To this end, the Chamber was managed by the Board of Directors with one representative from each EU country having at least one full member of the Chamber in South Korea. Members of the Board of Directors should be EU nationals and their nomination should be a simple majority from amongst the full members of companies representing the relevant country.
Read more about this topic: European Union Chamber Of Commerce In Korea
Famous quotes containing the word objectives:
“Along the journey we commonly forget its goal. Almost every vocation is chosen and entered upon as a means to a purpose but is ultimately continued as a final purpose in itself. Forgetting our objectives is the most frequent stupidity in which we indulge ourselves.”
—Friedrich Nietzsche (1844–1900)