S. Korean, U.S. biz leaders call for support to accelerate Korean investment projects in U.S.

What happened: South Korean and U.S. business leaders issued a joint declaration at a plenary meeting of the U.S.-Korea and Korea-U.S. Business Council, hosted by the Federation of Korean Industries, calling for faster regulatory approvals, tax and financial support, and visa reforms for South Korean Why it matters: The declaration urges fast-track approvals, tax and financial incentives, visa improvements, and worker exchange programs to reduce trade uncertainty. FKI chairman Ryu Jin said the strategic investments have entered the implementation stage and it is now the companies' turn.

South Korean and U.S. business leaders issued a joint declaration at a plenary meeting of the U.S.-Korea and Korea-U.S. Business Council, hosted by the Federation of Korean Industries, calling for faster regulatory approvals, tax and financial support, and visa reforms for South Korean

The declaration urges fast-track approvals, tax and financial incentives, visa improvements, and worker exchange programs to reduce trade uncertainty. FKI chairman Ryu Jin said the strategic investments have entered the implementation stage and it is now the companies' turn.