Seoul: President Lee Jae Myung expressed concerns on Thursday that a recent U.S. Immigration and Customs Enforcement (ICE) raid in Georgia could discourage Korean companies from investing in the United States. The raid targeted a Hyundai-LG battery plant and involved the detention of South Korean workers.
According to Yonhap News Agency, President Lee remarked that the raid might lead Korean companies to hesitate before making direct investments in the U.S., citing potential "disadvantageous" treatment by American authorities. During a press conference marking his 100 days in office, Lee announced that the detained Koreans would be released at 3 p.m. Seoul time.
Lee highlighted that the incident could make it challenging for companies to set up operations in the U.S., leading them to reconsider their investment plans. A chartered flight carrying 316 Koreans and 14 foreign nationals is scheduled to depart at 1 a.m. Friday, with arrival in Seoul expected in the afternoon. One worker chose to stay in the U.S. due to family ties with a permanent resident.
The departure was delayed as U.S. officials initially insisted on transporting the workers in handcuffs, a decision reversed after Seoul's strong protest and a directive from the White House. President Donald Trump allowed for the workers' return without restraints, altering the administrative procedures.
Lee also mentioned ongoing discussions with Washington to improve visa regulations, including the possibility of issuing new investment-related visas or increasing current quotas for Korean workers. He emphasized the need to address these issues if the U.S. acknowledges practical needs.
The immigration crackdown has fueled demands for reducing barriers for Korean workers, as South Korean companies continue to increase their investments in the U.S., particularly in light of the Trump administration's efforts to revitalize American manufacturing and other industries.
In terms of trade negotiations with Washington, Lee assured that his government would protect national interests and avoid secret agreements. A preliminary trade deal in July reduced U.S. tariffs in exchange for a significant investment pledge from Seoul, but final discussions are ongoing.
Lee vowed to pursue politics and governance that promote unity among citizens as he reflected on his 100-day presidency. On North Korean relations, he admitted to limited progress but reaffirmed his dedication to fostering peace on the Korean Peninsula.
Despite North Korea's indifferent stance, Lee emphasized the importance of U.S.-South Korea coordination. He offered to facilitate dialogue between U.S. President Donald Trump and North Korean leader Kim Jong-un, hoping it would contribute to peace in the region.