Due to a volatile political climate after the impeachment and arrest of former president Park Geun-hye, increasingly sensitive relations with North Korea, and recent economic tensions with China, both domestic and international firms in South Korea face much uncertainty.
Conversely, the British Ambassador to South Korea, Charles Hay, has expressed his optimism over bilateral relations between South Korea and the UK. Ambassador Hay will join Asia House corporate members to discuss the recent developments in South Korea.
This event will take place two days after the election in South Korea, and as a result the discussion will be able to give insights into the political and economic environment moving forward.
Ambassador Hay took up his appointment in Seoul in February 2015. During his time in the Diplomatic Service he also had postings in the Czech Republic, Spain (where he was Deputy Head of Mission), and at the UK’s Representation to the EU in Brussels. In London he headed the team that ran the UK G8 Presidency in 2005. Prior to his posting in Seoul, he was the FCO’s Director of Consular Services, based in London, responsible for assisting British Nationals and for FCO crisis management worldwide.