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 has emphasized the importance of South Korean investment in bolstering the American economy and generating jobs. Reflecting on her recent participation in a U.S.-Korea and Korea-U.S. Business Council meeting, Steel expressed optimism for heightened economic collaboration between the two nations.
She highlighted that Korean investment continues to bolster the U.S. economy, foster American jobs, and deepen commercial ties. Steel concluded by stating that both countries are eager to capitalize on this momentum and generate additional opportunities for investment and mutual growth. This stance underscores the U.S. commitment to enticing South Korean investment, following the disclosure of Seoul and Washington's plans for a $200 billion investment in the U.S., as part of a wider $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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