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Biden, chairman of South Korea's SK Group to meet virtually on Tuesday

Published 07/25/2022, 11:07 PM
Updated 07/25/2022, 11:13 PM
© Reuters. FILE PHOTO: The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo

WASHINGTON/SEOUL (Reuters) - U.S. President Joe Biden will meet virtually on Tuesday with the chairman of South Korean conglomerate SK Group to discuss the company's investments in American manufacturing and jobs, the White House said.

The meeting is scheduled for 2 p.m. EDT (1800 GMT) and U.S. Commerce Secretary Gina Raimondo will attend, the White House said.

SK Group Chairman Chey Tae-won last year said the conglomerate, South Korea's second-largest after Samsung (KS:005930), planned to invest about $52 billion in the United States through 2030.

A Seoul-based spokesperson for SK Group did not have an immediate comment.

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