Former Prime Minister Kim Boo-kyum said, "South Korea will cultivate its recovery and growth potential in cooperation with the United States."
The American Chamber of Commerce in Korea (AMCHAM) held a closed-door meeting with former Prime Minister Kim on the 5th at the Grand Hyatt Seoul in Yongsan, Seoul. Former Prime Minister Kim emphasized the importance of close economic cooperation between South Korea and the U.S., reaffirming that expanding free trade and regulatory innovation are essential for sustainable growth.
Former Prime Minister Kim noted, "The political risks in South Korea will not prolong as much as expected, and South Korea's democratic resilience boasts one of the highest levels in the world," adding, "Based on the solid South Korea-U.S. alliance, economic cooperation will be further strengthened."
He particularly empathized with the complex domestic regulatory environment raised by AMCHAM members, stating, "To promote foreign investment, it is essential to create a predictable and transparent environment for corporations."
Former Prime Minister Kim added, "The economies of the two countries have a complementary relationship, and there are broad opportunities to expand cooperation in various areas, including advanced technology, manufacturing, and strengthening supply chain resilience."
James Kim, chairman and CEO of AMCHAM, stated, "AMCHAM is taking the lead in creating a more open, transparent, and predictable business environment," adding, "We will continue to work hard to strengthen South Korea-U.S. economic cooperation and create an environment that can attract global investment and innovation."