President Yoon Suk Yeol asked foreign companies in Korea to continue investing in the country not only for the Korean economy but also for the prosperity of other free democratic nations in the Indo-Pacific and beyond, the presidential office said, Wednesday.
The Fair Trade Commission (FTC) announced that it will soon convene a teleconference with the U.S. Chamber of Commerce to hear the opinions of American companies regarding Korea s proposed plans to regulate market-dominant online platforms, the commission said, Tuesday.
The Korean government is willing to engage in discussions with American companies not just in Korea but also in the U.S., dismissing the latest claim by the U.S. Chamber of Commerce, which suggested that the government is hastily regulating dominant online platforms in the market without sufficient dialogue with the American business community and the U.S. government, according to the Fair Trade Commission (FTC), Tuesday.
The Korean government is willing to engage in discussions with American companies not just in Korea but also in the U.S. The statement comes in response to the latest claim by the U.S. Chamber of Commerce, which suggested that the government is hastily regulating dominant online platforms in the market without sufficient dialogue with the American business community and the U.S. government, according to the Fair Trade Commission (FTC), Tuesday.
The trilateral diplomatic and economic relationship between Korea, the U.S. and Japan must be sustained even after their forthcoming elections next year, senior diplomats of Korea and the U.S. said Tuesday.