Jointly Chaired by the Ministry of Foreign Affairs, Ministry of Trade, Industry and Energy, and Ministry of SMEs and Startups
Korean workers who were detained in the state of Georgia by U.S. immigration authorities last September are seen returning via Incheon International Airport Terminal 2. Yonhap News
The government has held a meeting, jointly with related ministries including the Ministry of Foreign Affairs, to review trends in entry into and stay in the United States by Korea-to-U.S. investment companies and to hear about any difficulties they are facing.
On the 25th, the Ministry of Foreign Affairs announced that it had co-hosted the "Meeting to Review Difficulties in Entry into and Stay in the U.S. for Korea-to-U.S. Investment Companies" at the Korea Chamber of Commerce and Industry in Seoul, together with the Ministry of Trade, Industry and Energy and the Ministry of SMEs and Startups, eight major companies investing in the United States, and relevant associations.
The meeting was organized to identify difficulties in the process of entering and staying in the United States and to strengthen communication with industry, in order to respond to rising demand for personnel dispatch driven by the expansion of Korean companies' investments in the U.S. battery and semiconductor sectors.
At the meeting, the government shared recent trends in restrictions on entry into and stay in the United States. Participating companies submitted to the government their difficulties and requests for improvement regarding visa issuance, immigration inspection, and local stay procedures.
In addition, based on the proposals received from companies on this occasion, the government plans to continue consultations with the U.S. side.
Reflecting the suggestion that it is necessary to listen extensively to on-site opinions through further segmentation by industry, the government plans to include not only large-scale investment companies but also partner firms that are entering the U.S. market alongside them as participants in future meetings.
A Ministry of Foreign Affairs official explained, "Starting with the battery and semiconductor sectors, we plan to hold a series of industry-specific meetings, including in the automobile and shipbuilding sectors, in the first half of this year to review difficulties across the entire investment ecosystem and to continue efforts to create a stable environment for investment in the United States."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
