Miss this week's Crossroads of the World: South Korea event? We've got you covered.👇 In his remarks, Consul General Lim Jung-taek highlighted, "Korea and Utah share many similar interests in their dynamic development, and I believe there is significant potential for discovering more common interests and strengthening cooperation.” Keunhyung Park, director general of KOTRA Los Angeles, provided insights about South Korea’s economy, business climate, and leading industries. Some key takeaways: 📈 Foreign investment: South Korea has become an increasingly attractive destination for foreign investors, reaching a record high of $32.7 billion in foreign direct investment in 2023. 💪 Industry strengths: South Korea excels in several key industries, including nanochips and SSDs, and ranks second globally in chip manufacturing and petrochemicals. ICYMI: A delegation of Utah companies will visit South Korea this fall as part of Gov. Spencer Cox's trade mission. Learn more: https://shorturl.at/PVpKc. Thank you to our partners, Utah Governor's Office of Economic Opportunity and Salt Lake Chamber, for your support! #CrossroadsoftheWorld
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