Amcham chair, new U.S. ambassador discuss bilateral trade and investment

James Kim, the chairman of the American Chamber of Commerce in Korea (Amcham), and Michelle Steel, U.S. ambassador to Korea, held a meeting on Thursday to discuss ways to expand trade and investment cooperation between the two countries. 

The meeting marked Ambassador Steel's first official engagement with business leaders since she took office late last month.

The two also explored ways to highlight the significance of the Korea-U.S. alliance and the two countries' economic partnership at the roundtable, which was also attended by senior executives from major U.S. companies operating in Korea.

Participants emphasized that a predictable business environment aligned with global standards is essential to sustaining American companies' continued investment and smooth business operations in Korea, Amcham said. 

“Ambassador Steel brings a deep understanding of both countries and a strong commitment to advancing their shared interests,” Kim said. "Her early engagement with business leaders sends a clear and encouraging message about the importance of American companies to the U.S.-Korea economic partnership.”

BY SARAH CHEA   [[email protected]]