Jung In-kyo, Head of Trade Headquarters, First Visit to the U.S.... Discussing Korea-U.S. Issues Including IRA Incentives

Attendance at the Korea-US FTA Joint Committee
Meetings Scheduled with US Administration, Congress, Think Tanks, and Industry

Jung In-kyo, Head of the Trade Negotiations Office at the Ministry of Trade, Industry and Energy, is embarking on his first visit to the United States since taking office. He plans to meet with key figures from the U.S. administration, including the White House, Congress, major think tanks, and law firms to broadly discuss Korea-U.S. cooperation issues such as the Inflation Reduction Act (IRA) and trade matters.

The Ministry of Trade, Industry and Energy announced on the 12th that Jung In-kyo will visit Washington D.C. from the 12th to the 15th.

On the 15th, Jung will hold the 7th Korea-U.S. Free Trade Agreement (FTA) Joint Committee meeting with Katherine Tai, U.S. Trade Representative (USTR), for the first time in three years to review the implementation status and achievements of the Korea-U.S. FTA and discuss future operational plans.

Jung In-kyo, Director General for Trade Negotiations, Ministry of Trade, Industry and Energy. (File photo)

Additionally, he plans to assess difficulties faced by Korean companies operating in the U.S. and meet with major American companies such as Thermo Fisher, GM, and Chevron to discuss cooperation plans for Korean investment in national strategic technology sectors including bio and hydrogen.

Jung stated, "I plan to have in-depth discussions with key figures from the U.S. administration and Congress on major Korea-U.S. trade issues such as the Semiconductor Act and IRA incentives. We will also actively seek cooperation measures to continue the momentum for Korea-U.S. advanced industry and supply chain cooperation established through the Korea-U.S. summit last April."

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