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Korea sends delegation to US over inflation reduction act
2023-02-03 11:18:21出處:開云體育手機app下載
Officials of Korean major companies attend a meeting with the government to discuss the U.S.' Inflation Reduction Act in Seoul, Aug. 25. Yonhap
Korean government officials will embark on a trip to the United States on Monday to deliver concerns over the U.S. Inflation Reduction Act that excludes electric vehicles (EVs) assembled outside North America from tax incentives, the industry ministry said.
Their scheduled visit to Washington came amid mounting concerns over the axed subsidies for eco-friendly cars made in Korea and other non-North American nations under the $430 billion law, signed by U.S. President Joe Biden earlier this month.
Korean carmakers, including Hyundai Motor Co. and Kia Corp., make their flagship models at domestic plants and ship them overseas.
During the three-day stay through Wednesday, the officials from the industry, finance and foreign ministries plan to visit their counterpart departments and the U.S. Congress to explain the stance of the Korean government and the business circle, and to have talks for possible supplementary measures, according to the ministry.