Two sides have announced major investment deals, but ROK firms fear losing competitive edge due to Washington’s policies
The U.S. and South Korea have announced a series of significant investments across various sectors in recent days, and these agreements, timed with ROK President Yoon Suk-yeol’s state visit to Washington, have underscored efforts to bolster economic ties at the same time as the allies seek to reinforce their security relationship.
Notably, the deals will see South Korea’s presence in the U.S. electric vehicle (EV) battery market continue to grow.
The U.S. and South Korea have announced a series of significant investments across various sectors in recent days, and these agreements, timed with ROK President Yoon Suk-yeol’s state visit to Washington, have underscored efforts to bolster economic ties at the same time as the allies seek to reinforce their security relationship.
Notably, the deals will see South Korea’s presence in the U.S. electric vehicle (EV) battery market continue to grow.
Get your
KoreaPro
subscription today!
Unlock article access by becoming a KOREA PRO member today!
Unlock your access
to all our features.
Standard Annual plan includes:
-
Receive full archive access, full suite of newsletter products
-
Month in Review via email and the KOREA PRO website
-
Exclusive invites and priority access to member events
-
One year of access to NK News and NK News podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Explore membership options
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.
SHARE
COPY LINK
X
MASTODON
