FKI Holds Meeting to Explore Responses to Semiconductor Support Act and IRA

Keynote Speech by Yang Hyang-ja, Chairperson of the National Assembly Semiconductor Special Committee

[Asia Economy Reporter Kim Pyeonghwa] The Federation of Korean Industries will hold an expert roundtable on "Semiconductors, IRA, and the US Supply Chain Restructuring and Korea's Response" at 9:30 a.m. on the 28th at the Yeouido FKI Conference Center.

The purpose of this roundtable is to diagnose the rapidly changing trade environment amid intensifying US-China conflicts over advanced industry competition, the Russia-Ukraine war, and deepening supply chain risks. In particular, it will serve as a forum to explore Korea's response strategy in the face of the US-led semiconductor supply chain Chip4 (Korea, US, Japan, Taiwan), the Chips and Science Act (CSA), and the Inflation Reduction Act (IRA), which are supply chain restructuring strategies aimed at protecting and strengthening the US advanced industry.

Yang Hyangja, Chairperson of the National Assembly's Special Committee on Semiconductor Industry Competitiveness Enhancement, will deliver the keynote speech titled "US-led Supply Chain Restructuring Strategy and Korea's Challenges (tentative)" at this roundtable. In the expert discussion, Choi Seokyoung, Advisor at the law firm Kwangjang, will serve as the moderator, with participants including Yeon Wonho, Head of the Economic Security Team at the Korea Institute for International Economic Policy, Kim Donghwan, Director of the Institute for International Strategic Resources, and Cho Cheol, Senior Research Fellow at the Korea Institute for Industrial Economics and Trade, who will discuss Korea's response strategies.

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