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Strengthening Korea–Qatar Financial Ties: President Visits Qatar Financial Centre
On June 29, 2025, President Myongho Rhee met with Yousuf Al-Jaida, CEO of the Qatar Financial Centre Authority (QFCA), in Doha, Qatar to discuss practical avenues for cooperation between Busan and Qatar in the financial and maritime sectors. During the meeting, President Rhee introduced Busan’s strategy as a maritime capital and emerging financial hub, expressed strong interest in deepening engagement in areas such as regulatory innovation, fintech, and investment promotion.In the Photo: from left, Henk J. Hoogheodora, Chief of Financial Services Sector, QFCA, Minkyung Kwon, Myongho Rhee, President of BFC, and Yousuf Al-Jaida, CEO of QFCA
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[b_content] => On July 1, 2025, President Myongho Rhee visited the Dubai International Financial Centre (DIFC) and its Innovation Hub to meet with DIFC leadership and discuss Dubai’s fintech cluster development strategy and legal system based on common law. The DIFC team shared insights on their regulatory autonomy, innovation-friendly frameworks, and the operation of their fintech hub.
In the photo: from left Alya Al Zarouni, COO of DIFC and Myongho Rhee, President of BFC
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In the Photo: from left, Henk J. Hoogheodora, Chief of Financial Services Sector, QFCA, Minkyung Kwon, Myongho Rhee, President of BFC, and Yousuf Al-Jaida, CEO of QFCA
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[b_subject] => President Visits Tanger Med Port in Morocco
[b_content] => On June 26, 2025, President Myongho Rhee met with representatives from Tanger Med Port Authority (TMPA) in Tangier, Morocco, to share insights on port digitalization and sustainable infrastructure development. The TMPA team introduced their smart port initiatives and digital transformation practices, while President Rhee presented Busan’s vision for growing as a global maritime financial hub grounded in the blue economy.
In the photo: from left Myongho Ree, President of BFC, and Chawki Benouarrek, Chief Digitalization Group of Tanger Med Special Agency
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[b_subject] => President meets WAIFC Chair in Casablanca
[b_content] => On June 25, 2025, BFC President Myongho Rhee met with Lamia Merzouki, COO of Casablanca Finance City Authority (CFCA) and Chair of the World Alliance of International Financial Centers (WAIFC), to exchange updates on the financial center strategies of both Busan and Casablanca. The discussion highlighted shared priorities in sustainable finance, particularly the development of voluntary carbon markets (VCM), where both sides expressed strong alignment and interest in collaboration. The meeting also served as an opportunity to strengthen ties within the WAIFC network and explore future joint initiatives.
In the photo: from left Bouchra Mikou, Sara Imzil, Aziz Khyari, Director of CFCA, Aida Bouanani, Director of CFCA, Lamia Merzouki, COO of CFCA, Myongho Rhee, President of BFC, Euna Kim, Minkyung Kwon, and Mourad Fathallah, Head of Strategy of CFCA
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[b_subject] => BFC Shares Sustainable Finance Strategy with FC4S Secretariat
[b_content] => On June 24, 2025, BFC President Myongho Rhee met with the Secretariat of the Financial Centres for Sustainability (FC4S), a UNDP-hosted network, to share Busan’s strategic direction in sustainable finance and explore future collaboration. The meeting covered Busan’s policy priorities, including voluntary carbon markets, ESG investment, and financial innovation. The two sides also discussed BFC’s participation in the FC4S Steering Committee and the upcoming FC4S Annual General Meeting.
In the photo: from left, Minkyoung Kwon, Euna Kim, Mahenau Agha, Senior Sustainable Finance Advisor of UNDP, Myongho Rhee, President of BFC, Stephen Nolan, Managing Director of FC4S,
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During the forum, President Rhee exchanged views on the future vision of Busan-based venture companies and the city's strategic role. He also explored strategic responses for Busan in the era of AI-driven digital financial transformation.
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President MyongHo Rhee of the Busan Finance Center met with Professor Yoo-Shin Jung, Head of the Institute for Digital Economy and Finance at Sogang University Graduate School of Business, on June 9, 2025. During the meeting, they discussed strategies for fostering AI-driven digital finance to enhance Busan’s competitiveness as a financial hub.
ㅇ Date and Time: June 9, 2025 (Monday), 11:00 A.M. – 12:00 P.M.
ㅇ Location: 52F, Busan Finance Center
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President MyongHo Rhee of the Busan Finance Center visited the Korea Maritime Institute (KMI) on June 4, 2025, and met with President Jeong-Hee Cho to discuss strategies for developing Busan as a financial hub and explored opportunities for institutional collaboration between the two organizations.
ㅇ Date and Time : June 4, 2025 (Wednesday), 10:00 A.M. – 11:10 A.M.
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During the meeting, they discussed recent trends in the private equity fund (PEF) market and exchanged views on potential legal and regulatory improvements to support the development of Busan as a financial hub.
ㅇ Participants:
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BFC관리자
2025-06-29
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