KEA Promotes "$240 Billion Investment" at U.S. Congressional Baseball Game

Ryu Jin Serves as Opening Announcer for the Game
Hosts Reception for Over 70 Government Officials
Senior Executives from Samsung, SK, Hyundai Motor, and LG Join the Delegation

As discussions on economic cooperation projects between the Korean and U.S. governments are gaining momentum, the Korea Economic Association (KEA) has launched a large-scale private-sector sales diplomacy campaign aimed at promoting the economic contributions of Korean companies to the U.S. political establishment.

On June 10 (local time), the KEA announced that it had participated as a sponsor for the second consecutive year in the "Congressional Baseball Game (CBG)" held at Nationals Park in Washington, D.C., carrying out extensive promotional activities.

The CBG, with a 117-year tradition, is an annual charity event where members of the U.S. House and Senate play as athletes, divided into Republican and Democratic teams. This year, in celebration of the 250th anniversary of the founding of the United States, the KEA expanded its promotional efforts to highlight the more than $240 billion (approximately 360 trillion won) in investments made by Korean companies in the U.S. since the first Trump administration.

Representing Korean business circles, Ryu Jin, Chairman of the KEA, took to the field as the opening announcer for the game, marking its commencement in front of 65 congressional players from both parties and spectators. He also delivered a congratulatory message for America's 250th founding anniversary.

Additionally, a one-minute KEA promotional video was screened in the ballpark. The video illustrated how the values of liberal democracy and free enterprise, introduced to Korea by the U.S. 75 years ago, have become a foundation for Korea's global success story, while also highlighting the economic contributions of Korean companies in the United States and leaving a strong impression on attendees.

Ryu Jin, Chairman of the Korea Economic Association, attended the official CBG Autograph Reception held on the 9th (local time) in Washington D.C., reviewing the profiles of U.S. House and Senate members participating in the conference. The Korea Economic Association

Ryu Jin, Chairman of the Korea Economic Association, attended the official Autograph Reception of the Congressional Black Caucus (CBG) held in Washington D.C. on the 9th (local time), where he met with U.S. Congress members to discuss Korea-U.S. economic cooperation and the investment performance of Korean companies in the United States. In the photo, from the second left, Missouri Senator Eric Schmidt and Chairman Ryu Jin. Korea Economic Association. Photo by Korea Economic Association

Afterwards, Chairman Ryu hosted a reception within the stadium, inviting U.S. lawmakers and opinion leaders. The event was attended by over 70 high-level officials, including major figures from Congress as well as senior members of the U.S. Treasury, Department of Energy, and Department of Defense.

This year's CBG activities were joined not only by Chairman Ryu, but also by senior executives from major Korean investors in the United States such as Samsung Electronics, SK, Hyundai Motor Group, LG, POSCO, HD Hyundai, LS, and KBI Group. On the eve of the event, they attended the official "CBG Autograph Reception," where they met directly with the members of Congress and their coaches who would be participating as players. In particular, they focused on communicating with lawmakers from key districts—Texas, Georgia, Tennessee, and Michigan—where large-scale Korean manufacturing facilities are concentrated, thereby strengthening bipartisan private diplomatic channels.

Jung Chul, Chief Research Officer of the KEA and President of the Korea Economic Research Institute, stated, "The strengthened network with American political and business circles cultivated through this CBG participation will serve as a lubricant, easing various regulatory and policy obstacles and facilitating the progress of Korean companies' investment projects in the United States as they enter full-scale implementation."

This content was produced with the assistance of AI translation services.