Industry minister to visit US for G20 meeting, to boost economic ties
Industry Minister Kim Jung-kwan will visit the United States from Sept. 1-4 (U.S. time) to attend a Group of 20 (G20) meeting on innovation and a groundbreaking ceremony for the Hyundai-POSCO Louisiana steel plant (HPLS), the ministry said Tuesday. Kim will first attend the G20 Innovation Ministerial Meeting in North Carolina, on Sept. 2 to discuss ways to strengthen global cooperation on…
Industry Minister Kim Jung-kwan will journey to the United States from September 1-4 to participate in a Group of 20 (G20) meeting focused on innovation, as well as the groundbreaking for a steel plant jointly developed by Hyundai and POSCO (HPLS), according to a statement released by the ministry on Tuesday. On September 2, Kim will convene in North Carolina for the G20 Innovation Ministerial Meeting to explore strategies for enhancing global collaboration on artificial intelligence (AI) innovation, with a particular emphasis on AI intellectual property rights, standards, and supply chains.
The following day, Kim will meet with representatives from the Korea Trade-Investment Promotion Agency (KOTRA) in Washington, D.C., with the primary objective of enticing foreign direct investment in South Korea from U.S. firms operating in the semiconductor, advanced materials, and offshore wind power sectors. During this encounter, Kim will also gather insights from U.S. companies regarding their investments in South Korea, as well as their perspectives on the nation's investment climate.
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