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Etienne Schneider - Arirang TV Interview

The mission was widely covered in the local press. Below are some highlights:

You can check out details of the Minister’s interview in CHosun ilbo where he cited “openness” as the secret to a stronger country. From being the financial hub, Luxembourg has also shifted its focus to space mining.

The Minister also appeared in a TV interview on Arirang’s the Chamber.

The interview focused on the economic cooperation between Korea and Luxembourg and highlighted the reason for the Minister’s visit and emphasised Luxembourg’s efforts to help start-up companies. During the mission, a memorandum of understanding was signed between the two countries to support start-up companies. The interview also mentioned Luxembourg’s initiatives in the area of space mining.

Interview in Aju Business Daily with the Executive Director of Luxembourg’s Trade and Investment Office in Seoul, Ms. Younhee Kim.

The interview focused on the role of  the Trade and Investment office and Luxembourg’s start-up ecosystem.

You can also check out our video with testimonials from Koreans living and working in Luxembourg.

Luxembourg – your ideal gateway to Europe

Luxembourg is an ideal location from which Korean companies – start-ups as well as established firms – can launch or expand their business on the European market. Its many advantages include, for example:

  • Excellent geographical location in close proximity to several of the EU’s leading consumer markets (notably Germany and France). 60% of the EU’s GDP can be reached by a one-hour flight.
  • Highly skilled, multi-cultural and multi-lingual workforce, making it easy to work with customers and conduct business in different European countries.
  • Business friendly environment with an attractive legal framework, and easy access to open-minded politicians, public authorities and administrations.
  • Stable and reliable: world-leading GDP performance, most open economy in Europe, economic growth with an average of >4% over the last 5 years, increase in employment of over 50% in the last 15 years, reliable legal and regulatory system
  • Outstanding digital capacities: ultra-low latency connection, state-of-the-art data centres, large investments in high performance computing, big data applications and artificial intelligence, centre of excellence in cybersecurity
  • Attractive R&D and innovation incentives and favourable intellectual property rights regime
  • Strong focus on developing key business sectors (digital economy, cybersecurity, space, smart mobility, clean technologies, logistics)

Luxembourg is also a great place to relocate international staff or recruit top talent. As one of the safest countries in the world, it offers an excellent quality of life and world-class health and education. Luxembourg has been ranked as the best place for expats to build an international career.

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Luxembourg and UN launch "Space Law for New Space Actors" project

15-11-2019

The project will provide UN member states with ad hoc expertise in drafting national space legislation and national space policies aligned with international space law.
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National innovation agency turns 35

15-11-2019

In addition to encouraging and supporting companies to innovate and grow, Luxinnovation plays a key role in ensuring that Luxembourg continues to attract international investment, companies and skills that are a perfect fit for the country.
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LuxAI: a healthtech start-up going global

15-11-2019

The international expansion of LuxAI is taking off. The company is building its global distribution and sales network and looking for investors that will help make its social QTrobot, which teaches social and communication skills to autistic children, available across the world.
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Trail-blazing Industry 4.0

11-11-2019

When Husky Injection Molding Systems decided to implement a major Industry 4.0 project, its production site in Luxembourg was chosen to lead the way. The company's pioneering R&D project has resulted in a completely digitalised production process.
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First direct cargo train from China arrived

04-11-2019

The first direct cargo train linking the Chinese city of Chengdu with the logistics hub in Bettembourg in southern Luxembourg arrived on 1 November.
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