Several new potential synergies were identified at the 2nd Korea New Zealand Business Roundtable, held yesterday in Seoul.

The roundtable was organised by the NZ International Business Forum and the Korea International Trade Association (KITA), and was attended by about 70 delegates from both New Zealand and South Korea.

Information technology, “clean” technology, health services, and agricultural technology took centre stage during case study presentations of actual and potential co-operation between the two countries.

Highlights included Auckland UniService's joint project with Daegu City to provide robotic carers in rest homes, NZ company Harmonic's work with agricultural technology in Korea, and Hyundai-Rotem's tender to replace the Wellington rail network.

Korea has traditionally supplied cars and high tech consumer goods to New Zealand, with trade in the other direction focused on food and fibre products.

Speaking at the conference, NZIBF chairman Graeme Harrison expressed his support for closer economic relations between the two countries.

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Source: Nina Fowler, www.nbr.co.nz