By Diplomacy Journal Lee Kap-soo The American Chamber of Commerce in Korea (AMCHAM) and the Korea Trade-Investment Promotion Agency (KOTRA) signed a Memorandum of Understanding (MOU) on May 15 at KOTRA headquarters to establish a strategic partnership aimed at enhancing the trade and investment environment for foreign-invested companies in Korea. Through this agreement, AMCHAM and KOTRA will work closely together to promote regulatory reform and support initiatives that advance the U.S.-Korea economic partnership. To facilitate this collaboration, the two organizations will establish a joint w
By Diplomacy Journal Kayla Lee Jung-gu, Seoul, led by Mayor Kim Gil-sung, announced on May 19 that it will showcase the interior of Habib House, the residence of the U.S. Embassy in Seoul, as an online content to mark the 11th anniversary of the ‘Jungdong Nightlife’ Festival. To this end, Mayor Kim visited Habib House with two Jung-gu influencers on March 14 and had a meeting with U.S. Interim Ambassador to Korea Joseph Yun and filmed the interior of the residence. The content production was finalized when Mayor Kim reached out to the U.S. Embassy to express his desire to include the residence
By Diplomacy Journal Lee Kap-soo Gochang-gun, Jeollabuk-do, held a meeting with Gareth Weir, British Deputy Ambassador to Korea, and the British Embassy's Climate and Energy Team on May 16 to discuss in-depth the current state of climate, ecology, and energy. Mr. Gareth Weir is a climate diplomacy expert who has held senior positions in the UK Foreign and Commonwealth Development Office (FCDO) and has served as Deputy Chief of Mission at the British Embassy in Seoul since 2022, with experience in international development and climate policy in Nepal and Mozambique. The visit was part of the Br
By Diplomacy Journal Lee Kap-soo Park Il-young, CEO of Korea Investment Corporation (KIC), met with Indian Ambassador to Korea Amit Kumar to discuss investment. According to the KIC on May 19, Park and Amb. Kumar met on Nov. 16. The two sides talked about expanding Korea’s investment in India. Korea Investment Corporation established its Mumbai office in April last year. It is the first overseas office in an emerging country. KIC plans to focus on securing promising alternative investment projects. It is focusing on venture capital (VC) and private equity (PE) investment opportunities stemming
By Diplomacy Journal Lee Kap-soo Patricio Esteban Troya Suarez, Ambassador of Ecuador to the Republic of Korea, visited the Ministry of Government Legislation (MOLEG) and met with Minister Lee Wan-kyu on May 19. During the visit, the two shared that Ecuador's internal approval process for the entry into force of the Korea-Ecuador Strategic Economic Cooperation Agreement (SECA) has been completed, and requested the interest and cooperation of the Ministry of Government Legislation in Korea's internal approval process. “The MOLEG is of great significance as it provides for the elimination of tar
By Diplomacy Journal Lee Kap-soo European Union (EU) Ambassador to Korea Maria Castillo Fernandez has become an honorary citizen of the northernmost county of Goseong-gun. As Goseong-gun is working to strengthen exchanges with Europe to foster global talent among its youth, Ambassador Castillo Fernandez visited the northernmost county of Goseong-gun on May 19 and received an honorary citizenship certificate from Ham Myung-joon, mayor of Goseong-gun, and delivered a special lecture to local high school students. At Goseong-gun's invitation, the Ambassador delivered a lecture on ‘EU goes to scho