South Korean President Lee Jae Myung has cautioned that a recent U.S. immigration raid at a Hyundai Motor project in Georgia, which detained around 300 South Korean workers, could have chilling effects on future investment decisions by Korean firms.
Speaking at a news conference, Lee called the operation a confounding event that has sown confusion among businesses here. He warned that companies entering the United States are likely in a state of serious hesitation, stressing the need for clear guidelines in cross-border cooperation.
The raid, carried out last week, prompted shockwaves across South Korea's business community. The detained workers, who are scheduled to leave the U.S. this Thursday, are set to return home on a chartered flight to South Korea.
Foreign Minister Cho Hyun traveled to Washington and met U.S. Secretary of State Marco Rubio to manage the diplomatic fallout. Cho highlighted that Korean workers came to share technology and know-how to strengthen U.S. manufacturing.
Korean companies have voiced frustration over tightened U.S. visa limits for skilled foreign workers, warning that these restrictions complicate factory oversight and local staff training.
While both governments are now discussing ways to streamline visa processes, Lee said that until a solution is implemented, Korean businesses will remain cautious about investing in the United States.
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South Korea's Lee: U.S. immigration raid may deter investment
cgtn.com
