President Lee Jae-myung, who is touring Europe on the occasion of attending the Group of Seven (G7) summit, will attend the Korea-Italy business roundtable in Rome, Italy, on the 12th (local time). Co-hosted by the Federation of Korean Industries (FKI) and the Confindustria, the event will discuss expanding cooperation in advanced strategic industries.

President Lee Jae-myung and Italian President Sergio Mattarella talk during a state banquet at the Quirinale Palace in Rome, Italy, on the 11th (local time). /Courtesy of News1

According to the presidential office, about 30 businesspeople from both countries, along with around 40 government officials and association and organization representatives from both sides, will attend the event, which is being held on the occasion of the president's state visit to Italy. From Korea, attendees will include FKI Chairman Ryu Jin, Samsung Electronics Chairman Lee Jae-yong, LS Chairman Koo Ja-eun, Hyosung Chairman Cho Hyun-joon, Samyang Foods Chairman Kim Jung-soo, Hyundai Motor President Sung Kim, LG Chem President Kim Dong-chun, Naver CEO Choi Soo-yeon, and HD Construction Equipment President Moon Jae-young.

From Italy, attendees are expected to include Confindustria Vice President Marciai, Fincantieri Chairman Mazzotta, Ferrari CEO Vigna, EniLive Chairman Petracchini, and Kiko Milano CEO Dominici.

In his keynote remarks, the president plans to emphasize the importance of economic cooperation between Korea and Italy amid an international order of heightened uncertainty due to the artificial intelligence (AI) revolution and supply chain restructuring. The presidential office said corporations from both countries will then share representative cooperation cases under the themes of ▲strategic and advanced industries ▲energy and infrastructure ▲future promising industries, and discuss practical ways to expand cooperation.

Earlier, the president attended a state banquet at the Italian presidential palace the previous day, hosted by Italian President Sergio Mattarella, and said, "On the basis of our shared values and perceptions, I hope our two countries will work even more closely together for the peace and prosperity of the international community going forward." The president began his banquet speech with a greeting in Italian, saying "Buona sera," meaning "good evening," and toasted with "Alla nostra amicizia," meaning "to our friendship."

Businesspeople from both countries also attended the banquet. At the banquet hall, a scene was captured of the president and President Mattarella talking together with Chairman Lee Jae-yong and Ferrari Chairman John Elkann.

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