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Biz leaders to leave for U.S. one day ahead of Moon's departure: sources

All News 15:07 June 26, 2017

SEOUL, June 26 (Yonhap) -- South Korean business leaders will fly to Washington a day ahead of President Moon Jae-in's departure for the United States to meet with U.S. President Donald Trump, as they get ready to hold talks on economic issues with their American counterparts, industry sources said Monday.

More than 50 South Korean business leaders are to accompany Moon on his trip and attend the Korea-U.S. Business Summit in the U.S. capital. The president is expected to leave for the U.S. on Wednesday.

Park Yong-man, chairman of the Korea Chamber of Commerce & Industry (KCCI), and SK Group Chairman Chey Tae-won will leave for Washington on Tuesday.

Samsung Electronics Co. Vice Chairman Kwon Oh-hyun will attend a global business strategy meeting at the company's headquarters in Suwon, Gyeonggi Province, for two days starting Monday before departing for Washington later Tuesday.

Hyundai Motor Vice Chairman Chung Eui-sun has been on a business trip to the U.S. since last week to discuss with Hyundai officials how best to tackle protectionist moves under the Trump administration, including possible investment plans in the U.S.

"Some businessmen are expected to fly to Washington, D.C. on private company planes," a source said. "Businessmen of small and medium-sized firms are having a hard time getting tickets as the list of businessmen accompanying Moon on his U.S. trip has been fixed with little time to make arrangements in advance."

The late notification has resulted in major business leaders having to reschedule their business schedules, another source said.

Biz leaders to leave for U.S. one day ahead of Moon's departure: sources - 1


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