Korea International Trade Association (KITA) Chairman Koo Ja-yeol exchanged views with key U.S. politicians and government officials regarding global supply chains, government subsidies and the U.S. Inflation Reduction Act (IRA) during his visit to Washington, D.C., from April 24 to 27, according to the trade promotion body, Thursday. On April 26, the chairman discussed recent trends in the U.S. Congress related to Korean companies in the U.S. with Young Kim, a California House of Representatives member who chairs the House Foreign Affairs Subcommittee on the Indo-Pacific in the 118th U.S. Congress, which deals with diplomatic issues between Korea and the U.S.
Progress on business and human rights in the public sector in South Korea has been impressive but, as Sung Taek Lim and Chang Wook Min of Jipyong explain, further progress is needed in the private sector
Fitch Ratings has affirmed Korea Ocean Business Corporation’s (KOBC) Long-Term Foreign-and Local-Currency Issuer Default Ratings at ‘AA-‘ with a Stable Outlook. Fitch views KOBC as a government-related entity (GRE) and uses a top-down rating approach. This reflects a special statute, KOBC’s close operational and administrative linkage to the government and our expectation of a high .