Seoul:Officials and business leaders from South Korea and the United States have underscored the growing significance of two-way investment in shaping the future of their bilateral economic partnership.

According to Yonhap News Agency, these discussions took place during an annual seminar hosted by the American Chamber of Commerce in Korea (AMCHAM) and the Korea Chamber of Commerce and Industry (KCCI) in Seoul.

James Kim, Chairman and CEO of AMCHAM, stated that the U.S.-Korea economic relationship is increasingly defined by investment, technology, innovation, and supply-chain resilience, beyond just trade. He highlighted AMCHAM's role in supporting South Korean companies as they establish and grow their operations in the U.S.

U.S. Ambassador to South Korea Michelle Steel emphasized the strong economic partnership between the two nations, noting that investments support jobs, innovation, and growth in key U.S. industries. She reiterated the U.S. Embassy's commitment to aiding Korean companies in their success in the U.S.

Kim Jeong-il, executive vice chairman of KCCI, stressed the importance of understanding the local regulatory and business environment for companies seeking to enter the U.S. market. He assured that KCCI would continue providing the necessary information and networks to Korean companies.

U.S. Senator Todd Young of Indiana highlighted the thriving economic relationship through investments and manufacturing, mentioning SK hynix's recent groundbreaking on a $4 billion facility in West Lafayette, which will offer new opportunities for local workers and students.

The seminar coincides with potential announcements from U.S. President Donald Trump about South Korean investment projects in the U.S., including a liquefied natural gas project in Alaska, as part of last year's bilateral trade agreement, which involves a commitment from South Korea to invest $350 billion in return for reduced tariffs on its goods.