HD Hyundai Executive Vice Chairman Chung Kisun Meets with U.S. Trade Representative to Discuss Bilateral Cooperation
- Executive Vice Chairman Chung Kisun meets with US Trade Rep. Jamieson Greer on May 16 to hold official talks to discuss the need for stronger Korea-U.S. cooperation in shipbuilding with HD Hyundai proposing collaboration on port crane manufacturing
- "We highly value U.S. shipbuilding revitalization efforts and are ready to contribute wherever needed," says Chung
SEOUL, South Korea, May 15, 2025 /PRNewswire/ -- Chung Kisun, Executive Vice Chairman of HD Hyundai recently held talks with the United States Trade Representative (USTR) to explore opportunities for cooperation between South Korea and the U.S. in the shipbuilding industry.
HD Hyundai announced on Friday, May 16, that Chung met with U.S. Trade Representative (USTR) Jamieson Greer to explore measures for strategic cooperation between Korea and the United States in the shipbuilding sector.
This marks the first for Korea's shipbuilding industry to hold an official talk with the USTR. The USTR delegation was visiting Korea for a meeting of trade ministers from the Asia-Pacific Economic Cooperation (APEC) grouping.
During the meeting, Chung introduced HD Hyundai's ongoing collaboration with U.S. defense shipbuilder Huntington Ingalls Industries and proposed concrete areas of cooperation, including joint technology development, shipbuilding cooperation, and skilled workforce training programs. He emphasized the growing need for closer industrial cooperation between the two nations.
Chung also introduced HD Hyundai's affiliate, HD Hyundai Samho, and its crane manufacturing capabilities while addressing port cranes in the U.S. market. He then proposed the need to strengthen cooperation between the two countries to diversify and stabilize the U.S. port equipment supply chain.
Chung remarked, "We deeply appreciate the United States' commitment to rebuilding its shipbuilding industry. HD Hyundai stands fully prepared and willing to contribute wherever our capabilities are needed."
Greer previously served as Chief of Staff to Ambassador Robert Lighthizer during President Trump's first term, where he played a key role in U.S.-China trade negotiations aimed at promoting fair trade practices.
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SOURCE HD Hyundai