White House: “South Korean companies expanding into the U.S. “contribute” to strengthening supply networks and creating jobs”

Lael Brainard, Chairman of the White House National Economic Council, said on the 27th (local time), ``Korean companies that have expanded into the United States and American companies that have expanded into South Korea will be able to create stronger supply networks between the two countries.''
(Korean companies that have expanded into the U.S.) are contributing by creating quality jobs in the U.S.," he said. Chairman Brainard was at the White House on this day to talk to Cho, who is visiting the United States.
South Korea's Ministry of Foreign Affairs (Ministry of Foreign Affairs) revealed in a press release that he met South Korean Foreign Minister Tae-yeol and said, ``Our two countries will continue to cooperate closely.''
Foreign Minister Cho said, ``The U.S. government has closely consulted with the South Korean government in the process of implementing economic policies such as the Semiconductor Science Act and Inflation Reduction Act (IRA), which will benefit both countries.
We were able to get results." He continued, ``I hope that the U.S. government will continue to ensure that Korean companies receive treatment and incentives commensurate with the scale of their investment and level of contribution in the United States.''
We hope for the special consideration and cooperation of former Fuji." It also stated, ``Based on the Korea-US alliance and the Korea-US FTA (free trade agreement), economic cooperation between the two countries has been significantly expanded and strengthened.''
"Cooperation between South Korea and the US is extremely important in order to jointly respond to opportunities and strengthen economic security." In response, Chairman Brainard said, ``The U.S.-South Korea alliance goes beyond the military alliance and extends to economic security and cutting-edge technology.
The two countries are jointly responding to the political and economic uncertainties that have recently deepened across the globe."