Korea says it's 'fully implementing' nondiscrimination pledge for U.S. firms after Republican letter

Home > Business > Industry

print dictionary print

Korea says it's 'fully implementing' nondiscrimination pledge for U.S. firms after Republican letter

A pedestrian walks by a Coupang logistics center in Seoul on Feb. 10. [NEWS1]

A pedestrian walks by a Coupang logistics center in Seoul on Feb. 10. [NEWS1]

 
Korea is fully implementing its pledge not to discriminate against U.S. digital companies in line with summit agreements between the two nations' leaders, the Ministry of Foreign Affairs said Thursday, pushing back on U.S. Republicans' claims of Seoul's "targeted assault" on U.S. firms.
 
The foreign ministry issued the statement after 54 Republican congressional members sent a letter to Korean Ambassador Kang Kyung-wha, urging Seoul to cease what they describe as unwarranted treatment of U.S. firms through discriminatory regulations and other measures.
 

Related Article

 
Among the companies cited was Coupang, the U.S.-listed e-commerce giant that has come under legal scrutiny in Korea over its massive data breach involving the personal information of more than 33 million users. The lawmakers accused Seoul of using the "low-sensitivity" incident as a pretext to attack Coupang.
 
"The government has been fully implementing its commitment to not subject U.S. digital companies to discriminatory actions or unnecessary barriers, in line with the leaders' agreements outlined in the Korea-U.S. joint fact sheet. This includes Coupang," the ministry said.
 
"The investigation and measures concerning Coupang are being carried out in accordance with domestic law and due process, and are conducted in a nondiscriminatory manner regardless of nationality," it said.
 
Korea has explained these positions to the U.S. Congress and will continue to do so, the ministry added.
 
The letter from the Republican Study Committee came amid mounting speculation in Korea that Washington had warned talks on security issues under the joint fact sheet, such as Seoul's push for nuclear-powered submarines, may not proceed unless Seoul guarantees the personal safety of Coupang Chairman Bom Kim. 
 
Seoul has said the security talks are unrelated to the Coupang issue and that it will continue consulting with Washington to ensure the matter does not affect the talks.

Yonhap
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)