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Korean envoy to US vows support for bilateral investment at Hyundai's Alabama plant

WASHINGTON — Korean Ambassador to the United States Kang Kyung-wha has pledged to strengthen cooperation with U.S. authorities to support bilateral investment, describing Hyundai Motor Group's latest investment in Alabama as an example of the expanding economic partnership between the two countries. Kang made the remarks Wednesday while attending a ceremony announcing Hyundai Motor Manufacturing…

Korean envoy to US vows support for bilateral investment at Hyundai's Alabama plant

Korean Ambassador to the United States Kang Kyung-wha has pledged to bolster collaboration with American officials in support of bilateral investment, emphasizing Hyundai Motor Group's recent investment in Alabama as a testament to the growing economic partnership between the two nations. Addressing a ceremony on Wednesday that unveiled Hyundai Motor Manufacturing Alabama's plan to inject approximately $450 million into its Montgomery facility, Kang underscored Hyundai's role as a "stunning illustration" of how the Korea-U.S. alliance has transformed over seven decades, shifting from security-focused ties to encompassing economic collaboration and technological advancement.

She further noted that the investment would leverage Korea's superior manufacturing expertise alongside America's innovation and market strength, enabling the two countries to "define the automotive sector's future in tandem," as reported by the embassy. Kang also pledged that the Korean government would partner closely with U.S. entities in executing this initiative.

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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