PM stresses profitability of $350 bil. US investment pledge, rejects discrimination claims against Coupang
Prime Minister Han Seong-sook said Friday that Korea’s $350 billion investment commitment to the United States must be commercially viable and deliver tangible benefits to both countries. During a meeting hosted by the American Chamber of Commerce in Korea (AMCHAM) in Seoul, she also said the Korean government does not discriminate against companies based on nationality. “Rather than benefiting…
Korea's Prime Minister Han Seong-sook emphasized the necessity for the $350 billion investment pledge to the United States to be financially sound and mutually advantageous during a meeting hosted by the American Chamber of Commerce in Korea (AMCHAM) in Seoul on Friday. She highlighted that the endeavor should yield substantial benefits for both nations, rather than benefiting a single side.
"Rather than benefiting only one side, it must bring substantive benefits to both countries while maintaining commercial viability," Han stated during the meeting at The Shilla Seoul hotel. She clarified that the negotiations were progressing smoothly, and the successful implementation of the initial project could serve as a model for enhanced bilateral collaboration.
In response to a query from AMCHAM Chairman James Kim, Han addressed concerns expressed by stakeholders during her recent visit to Washington, asserting that Korea's investment pledge had not yet yielded tangible outcomes.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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