AmCham, "President Biden to Reestablish Prosperity and Stability in the International Community"

AmCham Sends Inauguration Congratulatory Message from U.S. Companies in Korea to President Joe Biden

[Image source=Yonhap News]

[Asia Economy Reporter Hwang Yoon-joo] The American Chamber of Commerce in Korea (AMCHAM) conveyed a congratulatory message to Joe Biden, the 6th President of the United States, who was inaugurated on the 20th (local time), expressing its commitment to actively support the new U.S. administration's policies.

On the 20th, AMCHAM announced that on behalf of American companies in Korea, it sent a congratulatory message jointly signed by James Kim, Chairman and CEO of AMCHAM, and Jeffrey Jones, Chairman of the Board, stating, "AMCHAM is confident that President Biden's leadership will play a decisive role in reestablishing prosperity and stability in the international community."

Founded shortly after the Korean War in 1953, AMCHAM has walked alongside the footsteps of the Korea-U.S. partnership, saying, "We will support the Biden administration's efforts to further strengthen the Korea-U.S. alliance and economic cooperation to realize a mutually beneficial relationship based on fair and free trade between the two countries."

Meanwhile, when then-Vice President Biden visited Korea in 2013, AMCHAM organized a business meeting where they directly heard President Biden's thoughts on the importance of the Korea-U.S. alliance. AMCHAM emphasized that the Korea-U.S. alliance holds very important value not only in security and diplomacy but also economically, stating, "AMCHAM will convey the value of the Korea-U.S. economic partnership to the governments and legislatures of both countries while promoting mutual investments that lead to job creation and economic growth."

Additionally, AMCHAM is the largest foreign economic organization in Korea, established in 1953 to promote investment and trade between Korea and the U.S. It consists of over 800 member companies actively engaged in various sectors of the Korean economy and holds about 80 events annually, including policy seminars, workshops, and networking nights. AMCHAM meets with public and private sector figures, including CEOs of foreign companies and officials from both the Korean and U.S. governments, to strengthen economic cooperation between the two countries.

This content was produced with the assistance of AI translation services.