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Korea, U.S. to hold business talks this week

A delegation composed of 14 government and business leaders will hold talks with their U.S. counterparts for bilateral economic cooperation in Washington this week, the Korea Chamber of Commerce and Industry said Monday.

The Korean leaders included Knowledge Economy Minister Hong Suk-woo, KCCI chairman Sohn Kyung-shik, and Samsung Electronics vice chairman Kang Ho-moon.

They are scheduled to visit Atlanta, Georgia and Washington, D.C. between Dec. 4-8. This will mark the first time for the two countries’ business leaders to hold business talks since President Barack Obama won re-election to the White House last month.

“The delegation plans to discuss mutual investment projects and details since the implementation of the Korea-U.S. Free Trade Agreement,” the KCCI said in a statement.

The business lobby said Senator John Isakson, Georgia Gov. Nathan Deal, and U.S. Chamber of Commerce president and CEO Thomas J. Donohue would be among the U.S. figures.

While the KCCI will sign a memorandum of understanding with the U.S. Chamber of Commerce, Atlanta on close collaboration, the Korean leaders will participate in a forum in Washington, D.C.

By Kim Yon-se (kys@heraldcorp.com)
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