Expanding Economic Opportunities with Korea
Last Wednesday, I met with JP Joungwoo Park, President & Chief Representative of the Korea International Trade Association (KITA) Washington Center, along with Deputy General Managers Justin Kim and Tim Lee, to discuss opportunities to strengthen trade, investment, and economic partnerships between the CNMI and South Korea. KITA is Korea’s largest business organization, representing more than 77,000 member companies and supporting Korean businesses as they expand and engage in global markets. During our discussion, we explored opportunities for collaboration in areas such as tourism, healthcare, shipbuilding, technology, utilities, and renewable energy. South Korea remains the CNMI’s top tourism market, and Korean businesses and families have made significant contributions to our islands for decades. We look forward to connecting KITA with leaders in the CNMI to explore new opportunities for investment, workforce development, and economic growth. Strengthening our partnership with Korea will help create new opportunities and support a more resilient economy for the Commonwealth.