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AMCHAM Korea delegation to visit Washington next week

All News 15:15 March 09, 2016

By Kim Eun-jung

SEOUL, March 9 (Yonhap) -- The leaders of the American Chamber of Commerce (AMCHAM) in South Korea will visit Washington D.C. next week to meet with senior U.S. officials and policymakers to discuss bilateral trade issues, the chamber said Wednesday.

AMCHAM Korea Chairman James Kim, CEO of GM Korea, will lead the six member delegation for the annual "doorknock" program from March 14-17 to share key economic issues with members of Congress and senior officials.

"The doorknock trip this year is especially timely and significant with the U.S. presidential election season in full motion," Kim said. "It is our mission to help both the U.S. and Korean governments along with the business communities to fully understand the value of strong trade and economic partnerships between the countries."

The delegation will provide updates on the President Park Geun-hye administration's reform measures and discuss the resulting benefits of a free trade agreement that went into force in the two nations in 2012.

They will also touch on the pending issues related to the Trans-Pacific Partnership (TPP), a Washington-led regional free trade agreement currently pending in Congress for final approval, the chamber said.

Seoul has expressed interest in joining the 12-nation free trade deal, which would create the world's largest trading bloc accounting for about 40 percent of global gross domestic product.

Since 1985, AMCHAM Korea has sent a delegation to Washington D.C. and other major cities every year in the "doorknock" program to meet with senior officials and policymakers to discuss issues affecting American companies doing business in Korea.


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