Discussion on Korea-New Jersey Economic Cooperation and Support for the Korean Community

President Yoon Suk-yeol met with Phil Murphy, Governor of New Jersey, USA, who is visiting Korea on the afternoon of the 18th, and discussed ways to deepen cooperation between Korea and New Jersey and strengthen support for the Korean community and Korean companies operating there, the Presidential Office announced.


New Jersey is a key hub for Korean companies entering the U.S. East Coast, with as many as 80 Korean companies established there. President Yoon requested Governor Murphy's special attention at the state level to ensure smooth operations for Korean companies operating in New Jersey.


[Image source=Yonhap News]

[Image source=Yonhap News]

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Governor Murphy said, "New Jersey is a central point for transportation infrastructure such as roads and rail networks, and has strengths in fields like bio, T, pharmaceuticals, and information and communications," adding, "I hope that this visit accompanied by an economic delegation will help discover more economic cooperation opportunities between Korea and New Jersey."


He also said, "I look forward to expanded cooperation between New Jersey and Korea in fostering innovation ecosystems in fields such as life sciences, technology, fintech, and clean energy," and added, "I hope that the 'Korea-New Jersey Mutual Recognition Agreement on Driver’s Licenses' signed today will contribute to expanding personal exchanges between the peoples of both countries."


President Yoon especially noted, "The Korean community in New Jersey is the third largest in the United States (about 150,000 people), and I understand that Korean residents in New Jersey contribute to the development of local communities in various fields including politics," and requested, "Please continue to show special interest and support for Korean diaspora history and Korean culture at the state government level."



Governor Murphy responded, "The Korean community in New Jersey is actively contributing through various activities, and Korean companies play a significant role in New Jersey’s economic development," adding, "We will continue to pay attention to enhancing the rights and ensuring the safety of the Korean community in New Jersey."


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

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