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AMCHAM, ex-PM discuss Korea’s business outlook
By No Kyung-min, The Korea Herald - The American Chamber of Commerce in Korea held a closed-door board meeting Wednesday, engaging in meaningful talks with former Prime Minister Kim Boo-kyum on state affairs and policies aimed at improving Korea’s business environment.
According to
the foreign chamber, at the meeting attended by the AmCham chair and member
companies, the former prime minister emphasized the need to expand free trade
and implement regulatory reforms for sustainable growth.
A
predictable and transparent business environment must precede in attracting
foreign investment, he elaborated.
“Korea’s
political risks tend to be short-lived, and the country’s democratic resilience
is among the strongest in the world,” the former prime minister said. “Looking
ahead, we will further bolster Korea’s economic recovery and long-term growth
potential through deeper collaboration with the United States.”
The
discussion also explored opportunities for enhanced Korea-US cooperation in key
sectors, including advanced technology, manufacturing and supply chain
resilience at a time when Korea plays a critical role in the global economic
order.
AMCHAM Chair
and CEO James Kim expressed appreciation for Kim’s engagement.
“Former
Prime Minister Kim’s insights reaffirm Korea’s democratic resilience and
economic stability,” the chair said, stating that AmCham will strive to bolster
Korea’s role as a premier regional hub by promoting a more open, transparent
and predictable business environment.
“AMCHAM
recently launched the ‘Buy America’ campaign to help address trade deficits
while enhancing supply chain collaboration between US and Korean
businesses," he added.
"Serving
as a bridge between the two countries, we will continue to advocate for
policies that drive sustainable and mutually beneficial trade and
investment."
Source: https://www.koreaherald.com/article/10434307?ref=naver
