SEOUL– South Korea’s Trade Minister Yeo Han-koo met with a visiting U.S. senator and discussed ways to deepen cooperation in various industry sectors and seek support for Korean firms in the U.S. market, Seoul’s trade ministry said.
During the talks with Senator Jon Ossoff (D-GA) from Georgia in Seoul, Yeo stressed the importance of the U.S. state as a hub for solar power and electric car battery suppliers, and asked for the U.S. support and attention to Korean companies operating in the state, according to the Ministry of Trade, Industry and Energy.
He also voiced hope the two countries can work closer together in such new industry fields as data and artificial intelligence (AI), it added.
Georgia is home to factories and other facilities of about 115 South Korean companies, including SK Innovation Co. and Kia Corp.
Ossoff played a role in a 2 trillion-won (US$1.8 billion) settlement between SK Innovation and LG Energy Solution Ltd. earlier this year to end a two-year legal battle over their electric vehicle battery businesses in the United States, according to the ministry.
In his recent tweet, the senator said he visited South Korea to “strengthen the love, friendship and alliance between Koreans and Americans.”
Source: Yonhap News Agency