AmCham, ex-PM discuss Korea's business outlook
According to the foreign chamber, at the meeting attended by the AmCham chair and member companies, the former prime minister emphasized the need to expand free trade and implement regulatory reforms for sustainable growth.
A predictable and transparent business environment must precede in attracting foreign investment, he elaborated.
'Korea's political risks tend to be short-lived, and the country's democratic resilience is among the strongest in the world,' the former prime minister said. 'Looking ahead, we will further bolster Korea's economic recovery and long-term growth potential through deeper collaboration with the United States.'
The discussion also explored opportunities for enhanced Korea-US cooperation in key sectors, including advanced technology, manufacturing and supply chain resilience at a time when Korea plays a critical role in the global economic order.
AmCham Chair and CEO James Kim expressed appreciation for Kim's engagement.
'Former Prime Minister Kim's insights reaffirm Korea's democratic resilience and economic stability,' the chair said, stating that AmCham will strive to bolster Korea's role as a premier regional hub by promoting a more open, transparent and predictable business environment.
'AmCham recently launched the 'Buy America' campaign to help address trade deficits while enhancing supply chain collaboration between US and Korean businesses," he added.
"Serving as a bridge between the two countries, we will continue to advocate for policies that drive sustainable and mutually beneficial trade and investment."
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