Commerce Minister Yeo Han-koo met on Tuesday with the top of the Korea Society, a U.S. nonprofit group selling exchanges between Korea and the USA, to debate methods in increasing financial ties between the 2 international locations.
In his assembly with Korea Society President Thomas Byrne in Seoul, Yeo mentioned Seoul’s plan to speculate $350 billion within the U.S., a part of a bilateral commerce settlement, stressing that it’s anticipated to assist strengthen provide chain cooperation between the 2 international locations, in response to the Seoul commerce ministry.
Final week, Seoul and Washington finalized an settlement on the main points of Seoul’s funding pledge made in alternate for the reducing of U.S. tariffs on Korean items.
The minister added Korea is actively contributing to the revitalization of the American manufacturing trade and jobs by constructing fully new companies and amenities via direct investments.
As well as, Yeo requested for the Korea Society’s help for making a secure atmosphere for Korean firms working within the U.S., citing an immigration raid of Korean employees at a battery plant building web site in Georgia in September.
