Invest KOREA

According to Yonhap News,

Acting President Choi Sang-mok called on Chinese business leaders to continue their business activities and investment in South Korea on Wednesday, highlighting the country's strong economic fundamentals despite its political turmoil.

Choi made the remarks during a luncheon meeting with members of the China Chamber of Commerce in Korea, part of an ongoing series of meetings aimed at strengthening ties with foreign chambers of commerce operating in South Korea.

"This year marks the 10th anniversary of the South Korea-China Free Trade Agreement, and I hope it will serve as a turning point for expanding trade, investment and economic cooperation," Choi said.

Choi stressed that the country's economic system remains robust and is operating stably under the government's emergency response framework, despite the recent political turmoil following President Yoon Suk Yeol's short-lived martial law imposition and his subsequent impeachment.

Choi, who also serves as the deputy prime minister for economic affairs, has consistently emphasized South Korea's credibility among foreign investors.

He further assured that the Seoul government would continue to introduce support measures for foreign investors, including those from China, South Korea's largest trading partner.


khj@yna.co.kr

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Source: Yonhap News (January 8, 2025)