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Economy minister to meet with US business leaders in Korea

By Korea Herald

Published : June 23, 2016 - 13:25

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[THE INVESTOR] Deputy Prime Minister for Economy Yoo Il-ho will meet with representatives of US businesses in Korea to seek ways to improve economic cooperation, the Ministry of Strategy and Finance said on June 23.

At the June 30 conference organized by the American Chamber of Commerce in Korea, Yoo will give a special address and hold meetings with GM Korea chief James Kim to discuss ways to improve Korea-US cooperation and economic issues in the two countries.

Deputy Prime Minister for Economy Yoo Il-ho. Deputy Prime Minister for Economy Yoo Il-ho.

This is the first time Korean deputy prime minister is attending an AMCHAM event since Hyun Oh-seok in 2013. Hyun served as the deputy prime minister for economy from March 2013 to July 2014.

In his speech, Yoo plans to focus on Korea’s mid- to long-term economic plans, including the government’s drive for corporate restructuring, and the need to develop the service industry and others that will fuel Korea’s growth in the future.

Other issues including the Korea-US free trade agreement, Trans-Pacific Partnership and corporate regulations will be discussed in the meeting following the speech, the ministry said.

By Choi He-suk (cheesuk@heraldcorp.com)