Korean firms urged to invest in Canada to comply with US IRA
The implementation of the U.S. Inflation Reduction Act (IRA) could be a significant opportunity to enhance business partnerships between Korea and Canada, lawyers from both countries said at a forum co-hosted by the Korea Trade-Investment Promotion Agency (KOTRA) and the Canadian Chamber of Commerce in Korea (CanCham Korea), Thursday. The legal experts especially advised carmakers and battery firms here to take advantage of the North American country's rich deposits of critical minerals for electric vehicles (EVs).
Source: koreatimes.co.kr
