AMCHAM, KCCI urge Korean firms to seize US opportunities
Korean companies are advised to expand their operations in the United States, as bilateral economic ties increasingly extend beyond trade to investment, technology and supply-chain resilience, the American Chamber of Commerce in Korea (AMCHAM) said Wednesday. The U.S. business lobby and the Korea Chamber of Commerce and Industry (KCCI) discussed opportunities and challenges of Korean firms when…
Korean businesses should broaden their presence in the United States, as economic relations between the two nations are evolving beyond mere trade, according to the American Chamber of Commerce in Korea (AMCHAM). The U.S. business advocacy group and the Korea Chamber of Commerce and Industry (KCCI) examined the prospects and obstacles that Korean firms face when they invest and establish operations in America during the eighth annual Doing Business in the U.S. Seminar.
Held as part of a special program commemorating the 250th anniversary of U.S. independence, the seminar underscored the increasing significance of investment, technology, and supply-chain resilience in the U.S.-Korea economic partnership. AMCHAM Chairman James Kim highlighted that the forthcoming phase of cooperation will be characterized not just by trade volume, but by joint building, investment, innovation, and growth.
KCCI Executive Vice Chairman Kim Jeong-il stressed the importance for Korean firms to grasp local regulations and business dynamics while simultaneously seizing opportunities.
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- AMCHAM, KCCI urge Korean firms to seize US opportunities koreatimes.co.kr
