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PRIVACY
Economic Development

Leaders set for 'historic mission' to build links with South Korea

The visit is part of º£½ÇÊÓÆµ-Republic of Korea Innovation Twins Programme

South Korea’s second largest city, Busan

Liverpool leaders have "embarked on a historic mission" to South Korea in a bid to build relationships at a city region level.

Representatives of the Liverpool City Region Combined Authority, including deputy chief executive Richard McGuckin, will visit South Korea’s second largest city Busan as part of the º£½ÇÊÓÆµ-Republic of Korea Innovation Twins Programme.

The city is also home to the world’s sixth largest port.

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The combined authority said the programme is aimed at helping º£½ÇÊÓÆµ and South Korean cities with "complementary strengths develop long-term research and innovation links, creating a pipeline of opportunities for bilateral trade and foreign direct investment" (FDI).

As part of next week’s visit, Mr McGuckin and the Mersey Tidal Power project director will visit Sihwa Tidal Power Plant near Seoul, the world’s largest tidal power plant, as well as meeting the chief executive officer of K-Water, which owns and operates the facility.

They will also meet senior officials from Busan and Seoul, as well as other prominent figures from academia and business.

Mr McGuckin said: "This initial visit has the potential to increase our international trade with South Korea and to build on our complementary strengths in innovation in ways that will boost our economy for years to come.