Zürcher Nachrichten - US says backs S.Korea investment as plane fetches detained workers

EUR -
AED 4.337402
AFN 77.949497
ALL 96.746586
AMD 448.977858
ANG 2.114171
AOA 1083.021357
ARS 1714.875512
AUD 1.685498
AWG 2.125888
AZN 2.012064
BAM 1.955268
BBD 2.38905
BDT 145.070535
BGN 1.983418
BHD 0.445266
BIF 3528.573785
BMD 1.181049
BND 1.507858
BOB 8.225762
BRL 6.214439
BSD 1.186177
BTN 108.470491
BWP 15.623457
BYN 3.396476
BYR 23148.554586
BZD 2.385551
CAD 1.613708
CDF 2545.159901
CHF 0.919208
CLF 0.025873
CLP 1021.607686
CNY 8.204152
CNH 8.191376
COP 4286.025744
CRC 588.998578
CUC 1.181049
CUP 31.297791
CVE 110.235011
CZK 24.302084
DJF 211.222538
DKK 7.468828
DOP 74.978008
DZD 153.399354
EGP 55.615706
ERN 17.715731
ETB 185.042803
FJD 2.598659
FKP 0.861876
GBP 0.86249
GEL 3.182902
GGP 0.861876
GHS 13.006462
GIP 0.861876
GMD 86.804949
GNF 10416.368516
GTQ 9.101524
GYD 248.162489
HKD 9.228272
HNL 31.335885
HRK 7.533794
HTG 155.578208
HUF 381.061234
IDR 19805.714336
ILS 3.652334
IMP 0.861876
INR 106.79255
IQD 1553.870701
IRR 49751.676815
ISK 145.209813
JEP 0.861876
JMD 186.382904
JOD 0.837354
JPY 183.589884
KES 153.004664
KGS 103.282928
KHR 4779.402566
KMF 493.678066
KPW 1062.943833
KRW 1711.71749
KWD 0.362877
KYD 0.988427
KZT 599.002117
LAK 25509.060426
LBP 105741.299905
LKR 367.318518
LRD 220.030142
LSL 18.990734
LTL 3.48733
LVL 0.714405
LYD 7.493961
MAD 10.816757
MDL 20.081537
MGA 5293.52655
MKD 61.640235
MMK 2480.18629
MNT 4209.99602
MOP 9.542264
MRU 47.137696
MUR 54.198214
MVR 18.247651
MWK 2058.282399
MXN 20.491608
MYR 4.652739
MZN 75.291426
NAD 18.990894
NGN 1654.105612
NIO 43.681959
NOK 11.432319
NPR 173.688047
NZD 1.957015
OMR 0.454115
PAB 1.186177
PEN 3.995113
PGK 5.086622
PHP 69.560822
PKR 332.277686
PLN 4.219923
PYG 7886.854432
QAR 4.33612
RON 5.09564
RSD 117.441072
RUB 90.309541
RWF 1735.465057
SAR 4.429108
SBD 9.51701
SCR 17.546644
SDG 710.395921
SEK 10.55802
SGD 1.500091
SHP 0.886092
SLE 28.906223
SLL 24765.999919
SOS 678.438173
SRD 44.909376
STD 24445.323632
STN 24.512634
SVC 10.379132
SYP 13061.896589
SZL 18.995986
THB 37.167278
TJS 11.078586
TMT 4.145481
TND 3.422169
TOP 2.843682
TRY 51.371886
TTD 8.030883
TWD 37.296322
TZS 3045.971612
UAH 51.1218
UGX 4236.847393
USD 1.181049
UYU 46.017481
UZS 14501.055082
VES 438.925607
VND 30730.296737
VUV 140.729879
WST 3.201564
XAF 656.28969
XAG 0.014184
XAU 0.000245
XCD 3.191843
XCG 2.137709
XDR 0.81619
XOF 655.7786
XPF 119.331742
YER 281.532483
ZAR 18.880752
ZMK 10630.856255
ZMW 23.277667
ZWL 380.297201
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • RYCEF

    0.7000

    16.7

    +4.19%

  • CMSC

    -0.0100

    23.75

    -0.04%

  • VOD

    0.2600

    14.91

    +1.74%

  • BTI

    0.3100

    60.99

    +0.51%

  • NGG

    -0.6600

    84.61

    -0.78%

  • AZN

    1.3100

    188.41

    +0.7%

  • GSK

    0.8700

    52.47

    +1.66%

  • BCE

    -0.0300

    25.83

    -0.12%

  • RELX

    -0.2700

    35.53

    -0.76%

  • RIO

    1.4900

    92.52

    +1.61%

  • CMSD

    0.0300

    24.08

    +0.12%

  • BCC

    0.9400

    81.75

    +1.15%

  • JRI

    0.0700

    13.15

    +0.53%

  • BP

    -0.1800

    37.7

    -0.48%

US says backs S.Korea investment as plane fetches detained workers

US says backs S.Korea investment as plane fetches detained workers

The United States said Wednesday that it welcomed investment from South Korea, which dispatched a plane to repatriate hundreds of workers arrested in an immigration raid that shocked the close US ally.

Text size:

South Koreans made up the majority of 475 people arrested at a Hyundai-LG battery plant under construction in the US state of Georgia last week, according to immigration agents.

The operation was the largest single-site raid conducted under US President Donald Trump's immigration crackdown, according to an investigating agent.

Foreign Minister Cho Hyun flew to Washington where Secretary of State Marco Rubio met him behind closed doors and issued a statement saluting the endurance of the alliance with the South, formally known as the Republic of Korea.

Rubio said the United States "welcomes ROK investment into the United States and stated his interest in deepening cooperation on this front," State Department spokesman Tommy Pigott said.

Cho has called the mass detention of South Koreans a "grave situation" and pledged to secure the workers' swift return "in good health."

Before departing, Cho told South Korean MPs that "a tentative agreement" had been reached with US authorities to ensure the detained workers would not face penalties, such as a five-year ban on re-entry.

A Korean Air Boeing 747-8I, which seats over 350 passengers, left Seoul Wednesday, a company representative told AFP.

While no official time has been given for the return flight, South Korean officials said Wednesday it had been delayed "due to circumstances on the US side", without giving details.

Local media had reposted it would leave Wednesday, US time.

"We are maintaining close consultations with the US authorities to secure the earliest possible departure," the Ministry of Foreign Affairs said in a statement.

"I feel a great responsibility that our citizens have been arrested in this manner," Cho said during a meeting with South Korean business leaders in Washington on Tuesday.

Diplomatic officials had been dispatched to Georgia to mount a "full-front response," he added, with the consulate general in Atlanta in contact with local authorities.

In addition to being a key US security ally, South Korea is Asia's fourth-biggest economy and a major automaker and electronics producer, and its companies have multiple plants in the United States.

Seoul also heeded Washington's repeated call during tariff negotiations for global investment in the United States.

The site of the raid is a $4.3 billion joint venture between two South Korean firms –- Hyundai and LG Energy Solution –- to build a battery cell manufacturing facility in Georgia.

Experts said most of the detained South Korean workers were likely to hold visas that do not allow for hands-on construction work.

The case could provide momentum for Seoul officials to push for a special visa act tailored to South Koreans, said US-licensed attorney Yum Seung-yul.

"Using this as a case in point, officials here could strongly push for the Partner with Korea Act in Washington," he said, referring to a proposal that would create a quota of 15,000 visas for skilled professionals.

M.J.Baumann--NZN