Na Jae-chul, chairman of the Korea Financial Investment Association (KFIA), held a meeting with Ambassador Catherine Raper of Australia in Seoul at the association in Seoul on Aug. 19 to discuss ways to expand investment and cooperate between financial investment industries of Korea and Australia.
Celebrating the 60th anniversary of diplomatic ties between Korea and Australia in 2021, KFIA Chairman Na and Ambassador Raper have vowed to further strengthen friendly relations between the two countries in the financial investment field.
The KFIA has been interacting with the Australian financial investment industry since the signing of the MOU with the Australian Securities and Management Association in 2009.
In particular, it has continued to benchmark Australia's advanced retirement pension system, called the “Superannuation Guarantee System,” in the infrastructure investment sector.
Since last year, when face-to-face exchanges became impossible owing to COVID-19, the KFIA and the Australian Embassy have co-hosted a webinar on infrastructure investment in Australia and will hold a webinar on the Australian retirement pension system, infrastructure fund, and renewable energy in the second half of this year.
"Through a meeting with Australian Amb. Raper, I could feel that the Korea-Australia relationship is stronger than ever. In the future, the association and the embassy will continue to take the lead in the financial investment industry exchanges."