zhouyueyue: in expanding cooperation in different project

in expanding cooperation in different project

29 Dec 2018 at 04:33pm
The chief organizer of the 2018 Winter Olympic Games in South Korea resigned Tuesday less than two years before the Games begin [url=www.cheapjerseysbayernmunich.com/rafinha-jersey/]Cheap Rafinha Jersey[/url] , citing urgent problems with his troubled shipping business.

Cho Yang-ho, the chairman of Hanjin Group and Korean Air, resigned with immediate effect due to the "critical financial issues" facing Hanjin Shipping [url=www.cheapjerseysbayernmunich.com/philipp-lahm-jersey/]Cheap Philipp Lahm Jersey[/url] , the Pyeongchang 2018 organizing committee said in a statement.

The statement said former trade minister Lee Hee-beom had been nominated as a replacement, with a formal vote to ratify his appointment expected soon.

Hanjin Shipping - the South's top container carrier - applied for a debt restructuring plan last week to avoid bankruptcy after reporting mounting losses stemming from slowing demand in China.

Cho took over as president of the Games organizing committee in August 2014, when the event was struggling with construction delays and significant funding problems.

Things got so bad at one point that the International Olympic Committee (IOC) floated the possibility of moving some events to other countries such as Japan.

The South Korean tycoon [url=www.cheapjerseysbayernmunich.com/niklas-sule-jersey/]Cheap Niklas Sule Jersey[/url] , who initially signed up for a two-year term, was widely credited with turning the situation around and bringing in big-name sponsorship, including some of South Korea's largest conglomerates like Samsung and Lotte Group.

The organizing committee recently said it had reached 70 percent of its funding goals.

The first test events held in February were largely successful [url=www.cheapjerseysbayernmunich.com/niklas-dorsch-jersey/]Cheap Niklas Dorsch Jersey[/url] , although the IOC's Coordination Commission Chairman Gunilla Lindberg said the workload would "soon increase dramatically" with two dozen test events scheduled for the next winter sports season.

Nominating Lee as the new organizing committee head suggests a renewed focus on the financial side of the Games.

Unlike Cho, who led Pyeongchang's successful bid for the Games and is a former vice president of the Asian Table Tennis Union, Lee has no experience of sports administration.

However [url=www.cheapjerseysbayernmunich.com/nicolas-feldhahn-jersey/]Cheap Nicolas Feldhahn Jersey[/url] , his connections as a former trade minister could help fill the remaining sponsorship gap.

"We expect his wide range of experience will help us with the final push for venue construction and Olympic operational preparations," the committee said. "As a former bureaucrat with expertise in economics, he will also contribute to a frugal Olympics through efficient execution and management of the budget."

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TIRANA, Sept. 30 (Xinhua) -- The capital cities of Albania and Macedonia, Tirana and Skopje, on Friday signed a twinning agreement to enhance cooperation.

The mayors of both cities signed the agreement, following which the two administrations will be engaged in expanding cooperation in different projects and fields.

Both mayors pledged to strengthen cooperation between cultural, scientific and educational institutions.

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