Heads of Korean business groups raised their voices for Korean companies making vast investments in the US to be treated as they deserve when facing challenges in dealing with trade and supply chain issues involving the US. Starting Monday, Korea International Trade Association Chairman Yoon Jin-sik visited the US for five days along with the Federation of Korean Industries Chairman Ryu Jin to set forth Korean busine.
The Federation of Korean Industries (FKI) aims to boost its influence by accepting dozens of the nation’s major companies as new members, according to industry officials, Thursday.
A series of meetings by the newly-appointed foreign minister with the heads of business associations have sparked speculation that the ministry may have renewed efforts to regain control over international trade matters from the Ministry of Trade, Industry, and Energy, according to industry officials and diplomatic experts, Monday.
Leaders of the nation’s business lobbies stressed the critical necessity of discovering new growth engines, as a global economic downturn and international trade conflicts are feared to continue weighing on the economy throughout next year, they said in a New Year’s address, Thursday.
Leaders of the nation’s business lobbies stressed the critical necessity of discovering new growth engines, as a global economic downturn and international trade conflicts are feared to continue weighing on the economy throughout next year, they said in a New Year’s address, Thursday.