Louisiana is quickly becoming a “key diplomatic state” as South Korean companies look to invest in the U.S., Ambassador Kang Kyung-wha said during a talk at LSU Tuesday.
“The fact that as I, as the Korean ambassador to the United States, have made two visits in less than two months is a good indication of the increasing importance of Louisiana in our bilateral relationship between the United States and the Republic of Korea,” Kang said. “I think this reflects the profound changes that are happening around the globe in geopolitics as well as in economic security.”
The remarks came a month after the groundbreaking ceremony for the $5.8 billion Hyundai-POSCO steel mill in Ascension Parish, which Kang attended. She visited Louisiana this week to discuss the evolving U.S.-South Korea alliance and how the Bayou State is emerging as a critical partner for Korean investment.
But the federal government must cultivate openness and policy stability for foreign companies to want to expand their operations, she emphasized during a lively panel discussion that included experts from LSU and other organizations…