The best trip, the best summit, and Never-before-seen outcomes.
This is how South Korea s President Moon Jae-in and Prime Minister Kim Boo-kyum described the summit with the United States.
South Korean ministers held a briefing session on Tuesday to share the results of the summit and discuss follow-up measures.
Trade Minister Moon Sung-wook said that the summit has allowed Korea and the U.S. to draw tangible achievements in the economic field, including the supply chain for key industries such as semiconductors. At the business roundtable on May 21st, the two countries reached a consensus over the need for cooperation in achieving a stable supply chain in core industries.
Photo : YONHAP News All eyes are on potential U.S. investment plans by major South Korean businesses, as many of their chief executives are accompanying President Moon Jae-in during his visit to the U.S.
According to business sources, representatives of the Big 4 conglomerates boarded flights heading to Washington on Wednesday and Thursday ahead of a planned summit between President Moon and U.S. President Joe Biden in the U.S. capital on Friday.
The representatives, including SK Group Chairman Chey Tae-won and Samsung Electronics Vice Chairman Kim Ki-nam, will likely attend business gatherings hosted by the U.S. Department of Commerce.
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AsiaToday reporter Hong Sun-miSouth Korea’s top four conglomerates including Samsung Electronics, Hyundai Motor Group, SK Group and LG Group are repor..