The two-day event brings together senior business leaders, government representatives and industry stakeholders from across Australia and Korea, to explore opportunities for collaboration, investment, and partnership across our two economies.
Supported by the Department of State Development’s Invest SA team; the Joint Meeting is a valuable opportunity to showcase the state’s strengths and to promote South Australia as a destination for Korean investment and business engagement. Chair of the Australia-Korea Business Council, the Hon Martin Ferguson AM and the Chair of the Korea-Australia Business Council, Dr Chang In-Hwa, who is also the CEO of POSCO Holdings, will be in attendance.
Other attendees include senior business representatives from some of Korea’s major corporations including POSCO Group, Hyundai E&C, Samsung C&T, Hyosung Heavy Industries, Shinhan Bank and many others.
Key state and federal government officials including Senator Don Farrell and Senator Penny Wong will also speak at the Joint Meeting.
Liz Griffin, Chief Executive Officer of the Australia-Korea Business Council said, “Few countries are as complementary as Australia and Korea, with Australia’s strengths in energy, resources and critical minerals aligning strongly with Korea’s capabilities in advanced manufacturing, technology and innovation.
“Our relationship is also becoming broader and deeper, with new areas of economic cooperation emerging alongside stronger people-to-people ties and growing Australian engagement with Korean culture. There is no substitute for face-to-face engagement in building enduring business relationships, and we are thrilled to bring the Joint Meeting to Adelaide for the first time.”
The 2026 program will provide an opportunity to explore further collaboration across key sectors of growth including energy, critical minerals, defence and space, investment, advanced manufacturing, technology and innovation.
South Korea is South Australia’s 13th largest export partner with South Australian exports to South Korea valued at $426.6 million, up 37 per cent on the previous year (to June 2026), driven by a 405 per cent increase in copper exports.
South Australian beef exports remain our largest export to South Korea at $104 million with strong growth in wine exports, up 37.2 per cent to $20.8 million.
South Australia has a strong relationship with South Korea, with an office in Seoul to help facilitate strategic investment into the state and to provide on-the-ground, in-market support to South Australian companies looking to expand their export footprint in the region.
In 2024, the South Australian Government signed Memorandums of Understanding with two of Korea’s major renewables, hydrogen, housing and infrastructure companies – Samsung C&T and Hyundai E&C, paving the way for new collaborations.
