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Global Insight

Economic and business cooperation between South Korea and the .U.S: new prospects

World Ch. Schedule : MON to FRI 08:00 KST

Date : 2021-05-20

Economic and business cooperation between South Korea and the .U.S: new prospects

With the South Korean and U.S. presidents holding their first-ever bilateral summit this week, leaders of core industries are also set to hold talks on business cooperation. As global competition for dominance in the semiconductor industry is heating up, South Korea has stepped up the game by committing a new $450 billion investment into the sector over the next decade. Other industries such as batteries and biotech are also receiving spotlight. As both countries look to increase their competitiveness in these emerging sectors, what will be the most innovative ways for the two countries to cooperate?

    Guests
  • Troy Stangarone, Senior Director and Fellow, Korea Economic Institute
  • Yang Junsok, Professor of Economics, Catholic University of Korea