Congratulations on Election and Request for 'IRA Discussion'

[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Park Jun-yi] Lee Jae-myung, leader of the Democratic Party of Korea, conveyed a request to Korean-American members of the U.S. House of Representatives to "discuss reconsideration of the IRA (Inflation Reduction Act) bill."


On the 4th, Lee said on Facebook, "Next year marks the 70th anniversary of the Korea-U.S. alliance," adding, "The role of Korean-American lawmakers, who have served as a bridge in Korea-U.S. relations, is more important than ever."


He also congratulated the re-election of four Korean-American House members: Young Kim, Michelle Steel, Marilyn Strickland, and Andy Kim.


He stated, "I sent a letter asking for their cooperation in strengthening the Korea-U.S. alliance," and explained, "Above all, concerns about the IRA need to be reasonably resolved."


He continued, "I agree with the purpose of the IRA bill to overcome the climate crisis and economic crisis," but added, "However, discrimination against Korean-made electric vehicles infringes not only on Korean industry but also on the benefits of American consumers, and it does not comply with the Korea-U.S. FTA (Free Trade Agreement) and WTO (World Trade Organization) principles."


Lee expressed, "I expect the lawmakers to unite their efforts so that effective measures, such as prompt amendment or suspension of the discriminatory provisions of the IRA, can be discussed to protect the healthy economic development and trust between the two countries."





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