Chairman Ryujin, who was invited to Trump's inauguration, says ”South Korean economy is stable”

Ryu Jin, chairman of the Korean Economic Association, called on economic organizations in major countries around the world to trust and support the Korean economy.
As the complex crises caused by the declaration continue, Chairman Yoo sent a strong message as the leader of the Korean economic organization. In particular, Chairman Yoo was invited to the inauguration ceremony of US President-elect Donald Trump and spoke about the future of US cities.
The Korean Economic Council sent a letter signed by Chairman Yoo on the 23rd to the chairpersons of 33 economic organizations in 31 countries around the world, including the United States, Japan, China, the United Kingdom and France.
The organizations are partners of the Korea Economic Cooperation Council and the Japan Private Economic Cooperation Committee, including the US Chamber of Commerce (USCC) and the Japan Business Federation (Keidanren).
In the letter, the Korea Economic Forum said, "Despite the recent political situation, the Korean economy has maintained a stable situation backed by solid fundamentals and high national credit."
"The Chinese government and business community are taking the best possible measures to minimize the repercussions of this incident, and we hope to see even greater exchanges and cooperation between countries and organizations," he said.
The Korea Economic Cooperation Agency also noted that measures necessary for business activities are progressing smoothly, such as the recent passage of next year's government budget proposal and tax law amendments to support investment in cutting-edge industries in the National Assembly.
He also mentioned that the government is also discussing incentives to restore investment confidence among foreign companies and investors.
He continued, "Korean companies are also planning to carry out their planned investments without any delays.
"We are actively responding to changes in the global trade environment and doing our best to reassure our overseas partners and investors," he added.
A source from the Korea Economic and Political Affairs Council said, "The Korea Economic and Political Affairs Council is a body that aims to maintain Korea's international credibility.
Prior to this, Choi Tae-won, chairman of the Korea Chamber of Commerce and Industry, said, "Despite the recent series of difficulties,
The Korean economy is functioning normally," he said in a letter to the presidents of 128 world chambers of commerce and 116 foreign ambassadors to Korea. Yoon Jin-sik, chairman of the Korea International Trade Association, also sent a letter to ambassadors from 68 countries.
The letter was sent to 237 cooperating organizations and institutions, urging them to convey the resilience and confidence of the Korean economy to local companies.
He has been invited to the inauguration ceremony of the person who will be the next president of the United States, and is currently considering whether to attend. Chairman Yoo, who is known as a representative "US expert" in the Korean business world, has long had ties with Republicans, including former President George W. Bush.
At the Korea-U.S. Business Conference held by the Korea Economic Cooperation Center in Washington, D.C. on the 10th (local time), Chairman Yoo said that he was involved in the early days of the Trump administration.
He met with former White House Chief of Staff Reince Priebus and former White House Chief Strategist and Advised Counsellor Kellyanne Conway.