AMCHAM Korea

AMCHAM Korea Chairman & CEO James Kim joined the Korea-U.S. Strategic Investment Corporation (KUIC) launch ceremony today, marking an important milestone in advancing U.S.-Korea economic cooperation. As the U.S. and Korea continue to deepen collaboration across strategic industries, KUIC will play a significant role in supporting strategic investments that strengthen supply chains, create jobs, and drive innovation in both countries.

We extend our sincere congratulations to the Korean government on the launch of such an important organization. AMCHAM looks forward to working closely with the Korea-U.S. Strategic Investment Corporation to further expand bilateral investment and advance shared economic priorities. https://en.yna.co.kr/view/AEN20260618006751320?input=2106m

#암참 #주한미국상공회의소 #한미전략투자공사 #한미동맹 #한미경제협력 #한미투자협력 #전략투자

On June 16, AMCHAM Korea’s Legal Affairs and ICT & AI Committees held a meeting on Korea’s AI Basic Act and what companies should prioritize during the one-year grace period before full implementation.

The program featured insights from Yeajin (Jinny) Suh of McKinsey & Company, Maria Hajiyerou of Kim & Chang, Christopher Mandel of Yulchon LLC, and Yunsoo Shin of Peter & Kim, who explored key topics including the AI Basic Act, transparency obligations and domestic agent requirements, AI-related HR considerations, and emerging liability risks. The session also featured an engaging panel discussion with the presenters and Kumsun Kim of Microsoft Korea on AI governance, regulatory uncertainty, and potential amendments to the AI Basic Act. Participants also received an AI Basic Act Readiness Checklist designed to help organizations assess preparedness and identify key compliance priorities.

Special thanks go out to our committee co-chairs, speakers, and members for contributing to a thoughtful and interactive discussion. We look forward to continuing these important conversations with the AMCHAM community.

#암참 #주한미국상공회의소 #인공지능 #컴플라이언스

AMCHAM Korea Chairman & CEO James Kim spoke at the 17th EDAILY Strategy Forum today, examining the evolving U.S.-Korea economic relationship as a foundation for deeper strategic cooperation across investment, technology, and policy alignment. In his remarks, he highlighted Korea’s growing importance as a trusted hub for global businesses in advanced manufacturing, innovation, and cultural influence. Amid ongoing geopolitical and supply chain shifts, he underscored the need for coordinated public-private engagement and forward-looking policies to support next-generation industries and strengthen the bilateral economic partnership.

Our sincere appreciation goes to EDAILY for hosting this timely forum and bringing together leaders to explore Korea’s position in a rapidly shifting global order. Read more: https://www.edaily.co.kr/News/Read?newsId=04129526645482704&mediaCodeNo=257&OutLnkChk=Y

#암참 #주한미국상공회의소 #이데일리 #이데일리전략포럼 #한미경제협력

On June 11, AMCHAM Korea hosted an exclusive Trade & Customs Committee Meeting with Sung Hyun ("Sung") Ha, Executive Director of the Office of International Affairs at U.S. Customs and Border Protection (CBP). Co-hosted with Kim & Chang and led by AMCHAM Chairman & CEO James Kim, the event brought together key stakeholders to discuss CBP’s regional priorities: securing trade and facilitating travel through enhanced information sharing and partner capacity.

The discussion delved into deepening collaboration with Korean partners, including the Korea Customs Service (KCS), Korea Immigration Service (KIS), Korean National Police Agency, and Ministry of Foreign Affairs (MOFA), and the importance of trusted frameworks such as the KORUS FTA, C-TPAT & KCS’s AEO Mutual Recognition Arrangements, and the Global Entry Program. Executive Director Ha also shared CBP’s operational advancements, including a new automated tool within ACE for IEEPA refunds and the recent launch of the CAPE process first phase on April 20, 2026.

Thank you to Executive Director Ha, the CBP delegation, Kim & Chang, and our premium members for joining us and contributing to this vital dialogue.

#주한미국상공회의소 #암참 #한미동맹 #한미경제협력 #무역협력

AMCHAM Korea is proud to announce the AMCHAM U.S.-ROK Business Alliance Awards! The Business Alliance Awards recognize the companies and leaders whose contributions drive the economic partnership between the United States and Korea.

The inaugural awards will recognize excellence across five categories:
1. U.S.–Korea Business Alliance Award (Korean or U.S. company)
2. Manufacturing & Supply Chain Leadership (Korean or U.S. company)
3. Technology & Digital Innovation (Korean or U.S. company)
4. "Invest in Korea" Leadership Award (Individual)
5. "Invest in America" Leadership Award (Individual)

We encourage you to nominate your organization, a valued business partner, or an individual whose leadership has made a meaningful impact on the U.S.-Korea economic relationship. Nominations are open to both AMCHAM members and non-members until July 22.

Award recipients will be honored at the AMCHAM Korea U.S.-ROK Business Alliance Awards Ceremony & Dinner on September 17 at Conrad Seoul. Learn more and submit a nomination at: https://amchamkorea.org/business/BusinessAllianceAwards/

For nomination inquiries: [email protected]

For sponsorship opportunities: [email protected]

#주한미국상공회의소 #암참 #한미경제동맹 #경제협력

AMCHAM Korea Chairman & CEO James Kim joined The Korea Times Forum yesterday to moderate a panel discussion on the future of Korean companies in an increasingly complex global business environment. With Martin Sorrell, Chairman of S4Capital and Founder of WPP, Jung In-sub, President of Hanwha Ocean, Park Suk-jung, Head of Research at SK Group, and Alex Kim, Vice President and Korea General Manager of PTC, the panel explored how Korean companies can evolve beyond traditional export-driven growth models and strengthen their position as global leaders amid shifting geopolitics, supply chain realignment, and rapid technological change. The discussion also highlighted the growing importance of localization, strategic partnerships, and AI-driven innovation in building long-term competitiveness.

We would like to sincerely thank The Korea Times for hosting this important event on how Korea can continue to play a leading role in shaping the future global economy.

#암참 #주한미국상공회의소 #글로벌비즈니스 #코리아타임스 #2026코리아타임스포럼

AMCHAM Korea Chairman & CEO James Kim joined the 2026 Korea Times Forum today to moderate a discussion with business leaders exploring the importance of localization, technological leadership, AI transformation, and strategies to compete in a rapidly changing global economy. Leaders from Hanwha Ocean, SK Group, PTC Korea, WWP Group and S4 Capital shared their insights on how Korean companies can evolve from export-driven businesses into sustainable global players.

Thank you to The Korea Times for highlighting this important conversation. Read the full article: https://www.koreatimes.co.kr/business/companies/20260609/forum-integration-into-local-ecosystem-key-to-korean-bizs-global-sustainability-panelists

#암참 #주한미국상공회의소 #글로벌비즈니스 #코리아타임스 #2026코리아타임스포럼

[FORUM] Integration into local ecosystem key to Korean biz's global sustainability: panelists - The Korea Times Korea's top business leaders from Hanwha, SK and other major companies highlighted deeper integration into local ecosystems as a key factor in help...

Join AMCHAM Korea’s Joint Legal Affairs / ICT & AI Committee Meeting on June 16 for a timely discussion on Korea’s AI Basic Act and its implications for companies operating in Korea. With the one-year grace period now underway, industry experts, Kumsun Kim, Senior In-house Counsel at Microsoft Korea, Christopher Mandel, Senior Foreign Attorney at Yulchon LLC, Maria Hajiyerou, Senior Foreign Attorney at Kim & Chang, Yeajin Suh, Corporate Counsel at McKinsey & Company and Yunsoo Shin, Partner at Peter & Kim will share practical insights on emerging compliance priorities, internal AI governance, and the regulatory issues shaping Korea’s AI landscape. As AI becomes increasingly embedded across business operations, RSVP to gain guidance into Korea’s next phase of AI regulation.

DATE: Tue, June 16, 2026
TIME: 11:00 AM – 13:30 PM
VENUE: Grand Hyatt Seoul, Sansoo (L1)
COST: KRW 145,000 for members
KRW 145,000 non-members (My company is an AMCHAM-Member)
KRW 178,000 non-members
RSVP by Noon, Friday, June 12, 2026 at: https://amchamkorea.org/events/upcoming_events/read/?idx=1804

#주한미국상공회의소 #암참 #암참행사 #세무업데이트 #세법

We were honored to host a roundtable today with Neel Kashkari, President & CEO of the Federal Reserve Bank of Minneapolis. Led by AMCHAM Korea Chairman & CEO James Kim, we had an insightful discussion on the global macroeconomic outlook, U.S. monetary policy, AI-driven economic transformation, and the future of U.S.-Korea industrial collaboration. The conversation highlighted the growing importance of deeper bilateral cooperation across key industries amid an increasingly complex global economic environment. We also shared key policy recommendations from our recently released “Korea’s Financial Hub Agenda” Special Report as part of ongoing efforts to strengthen Korea’s global competitiveness and regional hub potential.

We sincerely thank President Kashkari and the Federal Reserve Bank of Minneapolis delegation, as well as our members for joining us and contributing to a thoughtful and forward-looking dialogue.

#암참 #주한미국상공회의소 #한미협력 #금융 #통화정책 #경제전망 #한미경제협력

Last Friday, AMCHAM Korea hosted a Taxation Committee Meeting at the offices of Bae, Kim & Lee (BKL) featuring Professor Robert Danon from the University of Lausanne & Danon Law. He broke down the OECD’s newly released 2026 Manual on Effective Mutual Agreement Procedures (MEMAP), which serves as a crucial roadmap to help governments and companies resolve cross-border tax conflicts more quickly and efficiently.

Jeremy Everett, Managing Director, Tax at Alvarez & Marsal Korea and AMCHAM Taxation Committee Co-Chair, also moderated a dynamic panel with leading experts Dr. Kyung-Geun Lee, Senior Advisor at BKL & former Ministry of Finance and Economy official, Joon-Kyoo Yang, Managing Director, Transfer Pricing at PwC Korea, and Steve Minhoo Kim, Senior Foreign Attorney/Tax Partner at Lee & Ko. The panel provided forward-looking strategies on how companies can protect themselves from future tax risks and what trends to watch out for.

A huge thank you to our incredible speakers for sharing their expertise, to BKL for their generous hospitality and support, and to all our members for making this interactive session such a success. Stay tuned for our next committee meetings in June and July.

#주한미국상공회의소 #암참 #암참행사 #세법