Martial Arts, Trade Industry Meeting Hosted with Larry Hogan, Governor of Maryland, USA

Larry Hogan, Governor of Maryland, USA (left), and Koo Ja-yeol, Chairman of the Korea International Trade Association (right), are greeting each other.

[Asia Economy Reporter Park Sun-mi] The Korea International Trade Association (KITA) announced on the 19th that it held a "Trade Industry Meeting with Larry Hogan, Governor of Maryland, USA" at the InterContinental Seoul COEX in Samseong-dong.

Gu Ja-yeol, Chairman of KITA, said, "Korea and the United States are closely cooperating to establish a sustainable global supply chain in advanced industries such as semiconductors, secondary batteries, and bio," adding, "In particular, Maryland is a region with competitiveness in the bio and aerospace industries, and we hope that cooperation with Korea will expand in the future."

Governor Hogan stated, "I am very proud of the strong cooperative relationship between Maryland and Korea, and Korea has provided many opportunities across business, academia, and culture," and added, "KITA has been a good partner to our administration for the past eight years, and we look forward to continued cooperation between the two countries."

On this day, representatives of companies exporting to the U.S., including Exicon, SeAH Steel, BioSmart, Genesis BBQ, and LabGenomics, attended to discuss the impact of the U.S. Inflation Reduction Act (IRA) and ways to expand economic cooperation with Maryland.

KITA plans to meet with members of the U.S. Congress and state government officials in early October to discuss responses to the IRA and the expansion of professional visa quotas. Meanwhile, the association also hosted a meeting during Governor Larry Hogan's visit to Korea in 2015, and the following year, during the dispatch of a trade delegation to the U.S., First Lady Yumi Hogan held a reception to welcome the delegation, continuing exchanges with the state of Maryland.

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