Law firm Jipyung will hold a seminar on strategies for Korean corporations to respond to the changing Middle East market after the U.S.-Iran agreement and to the U.S.-China regulatory competition.
Jipyung said on the 2nd that it will host a seminar on the 16th at the Jipyung Auditorium, 3rd floor, Building B, Grand Central, Jung-gu, Seoul, under the theme "Post U.S.-Iran agreement, an opening Middle East and intensifying U.S.-China competition: new business opportunities and risk response strategies for Korean corporations."
The seminar is designed to review business opportunities and risks for Korean corporations arising from changes in the Middle East situation. With a growing possibility that the U.S. regulatory focus will shift from Iran to China, and as China is also putting in place its response system through the Anti-Foreign Sanctions Law and the Export Control Law, regulatory response strategies for corporations have become more important.
The seminar will be moderated by attorney Seo Jun-hee, deputy head of Jipyung's mergers and acquisitions (M&A) and Corp group. Managing partner Lee Haeng-gyu of Jipyung will deliver congratulatory remarks, followed by a special lecture, field-specific presentations, and a question-and-answer session.
The special lecture will be given by Kim Seok-dong, head of the Jipyung Institute for the Humanities and Social Sciences, who previously served as chair of the Financial Services Commission (FSC). Kim will present on "Recent international affairs and the future of the Republic of Korea's economy."
In the first session, attorney Bae Ji-young of Matouk Bassiouny will present on "The reshaping of the Middle East order after the U.S.-Iran agreement and entry strategies for Korean corporations: China's gap, and Korea's opportunity."
Next, Jipyung attorney Park Hyo-min will explain the trends in the restructuring of U.S. export controls and sanctions against China and the exposure points for Korean corporations. Jipyung attorney Son Deok-jung will address dual compliance strategies for Korean corporations, focusing on China's Anti-Foreign Sanctions Law and Export Control Law.
Park said, "In a phase where tensions have eased due to the U.S.-Iran agreement, the line has blurred over what is allowed or prohibited," adding, "In this seminar, we aim to examine what opportunities and risks domestic corporations are exposed to."