As South Korean companies increase investments in U.S.-based industries—especially battery manufacturing—Korea’s state-run export credit agency is stepping up to provide on-the-ground support.
The Korea Trade Insurance Corp. (K-SURE) officially opened its Washington, D.C., office on Tuesday, marking a strategic move to strengthen its presence in the U.S. and support Korean firms expanding into the American market.
The opening ceremony was attended by Korean Ambassador to the United States Cho Hyun-dong, K-SURE President Jang Young-jin, and the newly appointed head of the Washington office, Steve Kang.
“With global supply chains shifting and Korean investment in the U.S. growing fast, our Washington office will serve as a key support hub,” said President Jang. He added that K-SURE will provide more than $2.2 billion in financing this year for U.S.-based projects led by Korean companies, with a strong focus on the battery sector.
The move comes amid ongoing trade policy changes under U.S. President Donald Trump, whose tariff-driven measures have raised concerns for exporters and global investors alike.
Beyond financing, the new office will also work to strengthen bilateral economic cooperation. K-SURE plans to help promote Korean exports, support outbound investment, and deepen Korea-U.S. economic relations through closer international partnerships.
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