Koo Yoon-chul: "$10.9 Billion Inflow After WGBI Inclusion... Accelerating Reforms in Forex and Capital Markets"
Deputy Prime Minister Meets Investors in London
Presents Vision for the Era of "Korea Premium"
KOSPI Surges Over 170%... Ranks 7th Globally by Market Capitalization
Koo Yoon-chul, Deputy Prime Minister and Minister of Finance and Economy, is explaining the current status of the Korean economy to major investors at the "London Korea Economic Investment Briefing (IR)" held at the Embassy of the Republic of Korea in London, UK, on the 18th (local time). Ministry of Finance and Economy
View original imageKoo Yoon-chul, Deputy Prime Minister and Minister of Economy and Finance, announced on the 18th (local time) that "since the inclusion of Korean government bonds in the World Government Bond Index (WGBI) in April, there have been visible results, such as the inflow of approximately 10.9 billion dollars in new funds."
The Ministry of Economy and Finance stated on the 19th that Deputy Prime Minister Koo held a Korean Economic Investment Roadshow (IR) for global investors in London, UK. This event marks the third investor roadshow led by Deputy Prime Minister Koo this year, following Tokyo, Japan in March and New York, United States in April.
The event was attended by about 20 senior executives from 17 major financial institutions, including leading global asset managers such as BlackRock, PIMCO, J.P. Morgan Asset Management, Amundi, Fidelity, UBS Asset Management, as well as prominent European investment banks like BNP Paribas and Barclays.
Deputy Prime Minister Koo emphasized that in the era of the "AI Big Transformation," Korea is a key nation with world-leading manufacturing capabilities in supply chain sectors essential for physical AI implementation, such as memory semiconductors, high-bandwidth memory (HBM), secondary batteries, and power semiconductors and sensors.
He also introduced investor-friendly tax reforms, including amendments to the Commercial Act to improve corporate governance and enhance protection of shareholder interests, as well as the introduction of special provisions for the separate taxation of dividend income.
Deputy Prime Minister Koo announced plans to intensively foster seven leading physical AI sectors, including robotics, automobiles, and ships, as well as 15 ultra-innovative economic leadership projects, such as graphene, superconductors, and small modular reactors (SMRs).
He also stated that the government plans to enhance investment convenience through initiatives such as 24-hour foreign exchange market operations and the establishment of an offshore won settlement system.
In its presentation to investors, the Ministry of Economy and Finance explained that Korea has maintained solid fundamentals, with GDP in the first quarter growing by 1.7% quarter-on-quarter, despite recent geopolitical risks in the Middle East and other regions.
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Deputy Prime Minister Koo stressed, "The Korea Discount is a thing of the past, and the Korea Premium is the new reality," adding, "Now is the golden time to invest in Korea."
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