Deputy Prime Minister Koo Yoon-cheol Visits U.S. to Promote Korean Economy and Seek Solutions to Low Growth

Koo Yoon-cheol, Deputy Prime Minister and Minister of Economy and Finance, will be holding an investment briefing on the Korean economy for global investment firms and will depart for the United States on the evening of April 13, 2026 to attend the G20 and G7 Finance Ministers and Central Bank Governors Meetings. Deputy Prime Minister Koo is also scheduled to attend the International Monetary and Financial Committee (IMFC) meeting.

Koo Yoon-chul, Deputy Prime Minister and Minister of Economy and Finance, is attending the External Economic Ministers' Meeting and the Economic Development Cooperation Fund (EDCF) Fund Management Committee at the Government Seoul Building in Jongno-gu, Seoul on April 13, 2026, and delivering a speech. Photo by Jo Yongjun

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First, on April 14 in New York, Deputy Prime Minister Koo will host an investment briefing on the Korean economy for major global investment institutions. He plans to outline the fundamentals of the Korean economy, Korea's response to the Middle East situation, as well as key policy directions such as foreign exchange and capital market reforms and the major transformation driven by artificial intelligence (AI). A government official stated, "By emphasizing the global competitiveness of the Korean economy and the government's strong commitment to policy implementation, we aim to attract active investment in Korea."

On the same day, Deputy Prime Minister Koo will hold individual meetings in New York with senior executives from the world's largest asset management firms, including Apollo, BlackRock, and PIMCO. He plans to discuss the recent global economic and international financial market situation, explain the Korean government's efforts to reform the foreign exchange and capital markets, and request their active interest and support.

From April 16 to 17, Deputy Prime Minister Koo will attend the first G20 Finance Ministers and Central Bank Governors Meeting of 2026. This meeting will be held in Washington, D.C., in conjunction with the International Monetary Fund (IMF) and World Bank Spring Meetings. Across two sessions-addressing constraints on economic growth and global imbalances-discussions are expected to focus on measures to promote investment and enhance economic growth rates, as well as the current status and causes of current account imbalances among countries.

Meanwhile, France, the chair country of this year's G7 meetings, has invited Korea to the G7 Finance Ministers and Central Bank Governors Meeting to be held in Paris from May 18 to 19. Prior to this, on April 17 in Washington, D.C., Deputy Prime Minister Koo will also participate in a special G7 session, which will consist of two events focusing on global imbalances and critical minerals.

On the final day, April 17, Deputy Prime Minister Koo, in his capacity as Korea's representative on the IMF Board of Governors, will attend the International Monetary and Financial Committee (IMFC) meeting. Finance ministers or central bank governors from 25 IMF member countries are expected to attend the meeting to discuss the recent global economic situation, response measures, and the role of the IMF.

During his visit to Washington, D.C., Deputy Prime Minister Koo also plans to hold talks with finance ministers from major countries such as France, Australia, and Uzbekistan, as well as the heads of the IMF, World Bank (WB), Inter-American Development Bank (IDB), and Asian Infrastructure Investment Bank (AIIB). He will exchange views on current global economic issues, present Korea's policy responses to crises such as the war in the Middle East, and discuss ways to strengthen bilateral economic cooperation.

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