“We believe in Korea’s resilience… Measures to stimulate the economy are crucial”, ‘[Reporter Gong Ji-yoo of Edaily] The American Chamber of Commerce in Korea (AMCHAM) announced that they met with Speaker of the National Assembly, Woo Won-shik, on the 10th to discuss key measures to promote economic growth and strengthen Korea-U.S. cooperation by 2025.’,
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, ‘James Kim, Chairman and CEO of AMCHAM, along with representatives from major member companies such as Coupang, Delta Air Lines, ExxonMobil Korea, General Motors Korea (GM), and UL Solutions, attended the meeting. They emphasized the importance of establishing Korea as a hub for Asia-Pacific operations for global companies and requested a stable investment environment.’,
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, ‘James Kim, Chairman and CEO of AMCHAM, stated, “While there is some uncertainty due to the current political situation, AMCHAM has consistently worked to separate business from politics and highlighted the importance of business continuity.” He added, “We steadfastly believe in the resilience of the Korean economy and have been communicating with international media, as well as the AMCHAM community, to promote Korea’s long-term investment appeal.”’,
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, ‘He further added, “AMCHAM plans to meet with U.S. government stakeholders to stress the need to enhance Korea-U.S. industrial cooperation in key sectors. To address concerns related to U.S. tariffs, it is crucial for the Korean government to demonstrate a strong commitment to regulatory easing and economic revitalization measures.”’,
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, ‘AMCHAM emphasized the importance of a stable political landscape and regulatory environment to attract global corporate investment and achieve sustainable economic growth. They underscored the need for labor market flexibility and regulatory reform. Additionally, they evaluated that Speaker Woo Won-shik’s leadership is essential in creating a predictable business environment and positioning Korea as a global financial and supply chain hub.’,
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, ‘AMCHAM explained that they are making continuous efforts to improve Korea’s business environment in close cooperation with the Korean government and are engaging in ongoing dialogue with relevant ministries to strengthen Korea’s position as a business hub in the Asia-Pacific region and enhance the attractiveness of foreign direct investment (FDI).’,
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, ‘As part of these efforts, AMCHAM is set to have discussions with Kwon Seong-dong, Leader of the People Power Party, later today, and with Park Chan-dae, Leader of the Democratic Party, on the 13th, to continue talks on strengthening Korea-U.S. economic cooperation.’,
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