Seoul: U.S. visa issues stemming from the recent detention of South Korean workers in Georgia are not a condition for South Korea's $350 billion investment commitment in the United States, according to South Korea's Foreign Minister, Cho Hyun. However, Cho emphasized the importance of resolving these issues before proceeding with the investments.
According to Yonhap News Agency, Minister Cho made these remarks during a press conference with foreign media. The comments came as working-level discussions between Seoul and Washington began, aiming to improve the U.S. visa system for Korean workers. This move follows the detention of over 300 South Korean nationals in Georgia, which raised concerns about U.S. credibility.
The immigration raid, which reportedly lacked clear regulatory grounds, occurred after South Korea agreed to a significant investment in the U.S. as part of a deal to lower tariffs from 25 percent to 15 percent. Cho assured that the visa reform is not a hindrance to the investments but stressed the necessity of resolving the issue before substantive investments commence.
Cho addressed concerns over potential reentry denials for the detained workers, stating that he received assurance from U.S. Secretary of State Marco Rubio that there would be no issues upon their return. Cho dismissed fears raised by some legal experts, expressing confidence that there will be no reentry problems.
In response to questions about the possibility of South Korea accepting the originally higher 25 percent tariff amidst stalled trade negotiations, Cho was clear that this would not happen. He emphasized the urgency for the government to act to prevent disadvantages to Korean companies and highlighted ongoing discussions to find a mutually beneficial solution.
Additionally, Cho announced the expected visit of Chinese President Xi Jinping to South Korea for the Asia-Pacific Economic Cooperation summit in Gyeongju. He sees this visit as an opportunity to enhance bilateral relations and trilateral cooperation with Japan.
Regarding cooperation with China on North Korean issues, Cho reaffirmed shared goals with China in pursuing peace and stability on the Korean Peninsula. Despite growing concerns about China's stance on North Korea's denuclearization, Cho noted the competitive shift in the relationship due to China's rapid economic growth, which South Korea aims to adapt to positively.