US envoy highlights role of Korean investment in creating American jobs
WASHINGTON — U.S. Ambassador to Korea Michelle Steel has highlighted the role of 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 of Korean…
U.S. Ambassador to Korea Michelle Steel has underscored the importance of Korean investment in bolstering the American economy and generating jobs. The envoy made these remarks on X following a plenary session of the U.S.-Korea and Korea-U.S. Business Council, organized by the Federation of Korean Industries. Steel expressed optimism about enhancing economic ties between the two nations, stating that Korean investment continues to fortify the U.S. economy and bolster American employment.
She emphasized Washington's commitment to attracting Korean investment, following the announcement that Seoul plans to invest $200 billion in the U.S. This investment forms part of a larger $350 billion agreement in exchange for reduced U.S. tariffs on 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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