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Published on June 12, 2024
Georgia Governor Brian P. Kemp Leads Economic Mission to South Korea to Strengthen Business Ties and Investment OpportunitiesSource: Unsplash/ Daniel Bernard

Georgia's Governor Brian P. Kemp, alongside First Lady Marty Kemp, is spearheading a delegation to the Republic of Korea in a bid to bolster economic development partnerships. This international mission includes state delegates like President Pro Tem John Kennedy, Representative Soo Hong, and Representative Lehman Franklin, backed by representatives from various Georgia state departments. A key goal of this trip is to reinforce longstanding connections and to ensure the state remains a competitive player in global business, as expressed by the Governor, FOX 5 Atlanta reported.

Detailing the importance of the ties with Korea, Governor Kemp explained, "The Republic of Korea was the very first country I visited when I became governor for a good reason – because of the incredible partners located there," a sentiment reflecting the historic and economic bonds shared between the two regions. These relationships have not only have fostered significant investments and job creation but are also seen as having a generational impact on what Kemp touts as the "No. 1 state for business". These remarks came in a statement obtained by Valdosta Today.

The Georgia delegation's agenda includes meetings with key industry players such as Hyundai Motor Group, Kia, CJ Foodville, LG Group, SK Group, and Hanwha Qcells, which all maintain operations or are in development stages within Georgia. These engagements are crucial as they are aimed at assessing industry perspectives and future trends. "Connectivity leads to business, and relationships build the foundations of mutual progress," GDEcD Commissioner Pat Wilson told Valdosta Today. His statement emphasizes the strategic importance of direct communication with industry leaders to secure Georgia's place at the forefront of upcoming business opportunities.

Georgia's economic link with Korea is substantial, with continuous representation in Korea since 1985 and Korea’s Consular Office being housed in the state since 1976. In the previous fiscal year, Korean investments in Georgia have surpassed $10 billion, creating over 12,000 jobs. The trade between Georgia and Korea accounted for nearly 10 percent of the state's total trade at $15.8 billion in 2023. According to a statement from the governor's office released by FOX 5 Atlanta, this visit is key to strengthening these economic ties and ensuring both regions continue to thrive in a collaborative international environment.