US envoy highlights role of S. Korean investment in creating American jobs
WASHINGTON — U.S. Ambassador to South Korea Michelle Steel has highlighted the role of South Korean investment in strengthening the U.S. economy and creating American jobs, expressing hope for expanded economic cooperation between the two countries. Steel made the remarks in a post on X after attending a plenary meeting of the U.S.-Korea and Korea-U.S. Business Council, hosted by the Federation…
U.S. Ambassador to South Korea Michelle Steel emphasized the significant impact of South Korean investment on bolstering the American economy and generating American jobs. Speaking after a plenary meeting of the U.S.-Korea and Korea-U.S. Business Council, Steel expressed optimism for further economic collaboration between the two nations.
She noted that South Korean investment is instrumental in sustaining the U.S. economy, fostering job opportunities, and deepening bilateral commercial relations. Steel concluded by stating that both countries are eager to capitalize on this momentum and foster additional investment and mutual growth. This commentary reflects the U.S. administration's focus on encouraging South Korean investments following Seoul and Washington's announcement of South Korea's $200 billion investment plan in the U.S., as part of a larger $350 billion commitment in return for reduced U.S. tariffs on South Korean goods.
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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