Urgent.News

What's breaking now, across thousands of outlets.

World

Texas gas plant selected as first project under Korea’s $200 billion US investment plan

The Korean-German Chamber of Commerce and Industry (KGCCI) and the French-Korean Chamber of Commerce and Industry (FKCCI) co-hosted a forum in Seoul on Tuesday, with the aim of enhancing investment ties between European firms and South Korea. Around 200 executives from German, French, and other European businesses, alongside government officials, diplomats, and economic representatives, attended the event at the Banyan Tree Club & Spa Seoul, according to the KGCCI.

The forum was organized to foster direct communication between the Korean government and European businesses, aiming to address foreign investment conditions and regulatory hurdles faced by European companies in Korea. Prime Minister Han Seong-sook delivered a keynote speech, emphasizing the strong partnership between Korea, Germany, France, and other European Union members. She highlighted the shared values of free trade, openness, innovation, and adherence to a rules-based international order.

During her address, Prime Minister Han pledged the government's utmost cooperation to ensure that investments and business ventures by German and French companies yield greater results in Korea. She specifically mentioned the 19th Asia-Pacific Conference of German Business, underscoring its importance in strengthening economic relations.

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.

This story

This is one outlet's version. Read the fullest account.

Read the original at hani.co.kr →

More in World

TOUGH ROAD AHEAD

Prime Minister Dr Andrew Holness says a report on the status of the economy has indicated that there are “headwinds” ahead even as recovery from Hurricane Melissa takes shape.

‘You are playing with fire’

The parliamentary Opposition’s protest that a bill giving retroactive effect to the environment protection levy from June 2007 to the present does not go far enough to protect the Consolidated Fund…

More from Wednesday 23 September →