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

EUR -
AED 4.240257
AFN 73.32143
ALL 96.053795
AMD 433.817139
ANG 2.066822
AOA 1058.764604
ARS 1597.949532
AUD 1.675026
AWG 2.078272
AZN 1.967396
BAM 1.955877
BBD 2.317892
BDT 141.205579
BGN 1.973561
BHD 0.434817
BIF 3418.53506
BMD 1.154596
BND 1.481959
BOB 7.981315
BRL 6.067751
BSD 1.150845
BTN 109.078309
BWP 15.865627
BYN 3.425635
BYR 22630.074075
BZD 2.314491
CAD 1.604715
CDF 2635.36902
CHF 0.917923
CLF 0.027055
CLP 1068.301597
CNY 7.980392
CNH 7.989998
COP 4229.267091
CRC 534.421114
CUC 1.154596
CUP 30.596784
CVE 110.269357
CZK 24.603629
DJF 204.928096
DKK 7.496448
DOP 68.502706
DZD 153.573067
EGP 60.780401
ERN 17.318934
ETB 177.904429
FJD 2.606389
FKP 0.869078
GBP 0.866456
GEL 3.094767
GGP 0.869078
GHS 12.609498
GIP 0.869078
GMD 84.867224
GNF 10090.398654
GTQ 8.807348
GYD 240.899518
HKD 9.036039
HNL 30.555207
HRK 7.557064
HTG 150.85596
HUF 390.276858
IDR 19617.503194
ILS 3.622683
IMP 0.869078
INR 109.51363
IQD 1507.559561
IRR 1516272.693223
ISK 144.047794
JEP 0.869078
JMD 181.147157
JOD 0.818654
JPY 185.066713
KES 149.485906
KGS 100.96983
KHR 4609.182101
KMF 494.167328
KPW 1039.139472
KRW 1741.130593
KWD 0.355512
KYD 0.959038
KZT 556.361981
LAK 25029.988892
LBP 103054.87152
LKR 362.514322
LRD 211.168343
LSL 19.761581
LTL 3.409221
LVL 0.698404
LYD 7.34629
MAD 10.755925
MDL 20.213799
MGA 4796.189489
MKD 61.642435
MMK 2423.302931
MNT 4123.225669
MOP 9.285467
MRU 45.949815
MUR 54.000874
MVR 17.838939
MWK 1995.478838
MXN 20.923702
MYR 4.530678
MZN 73.836825
NAD 19.761581
NGN 1597.337286
NIO 42.351673
NOK 11.20288
NPR 174.524895
NZD 2.015881
OMR 0.443458
PAB 1.150845
PEN 4.008858
PGK 4.973196
PHP 69.911197
PKR 321.19049
PLN 4.298271
PYG 7524.297272
QAR 4.195866
RON 5.111746
RSD 117.404638
RUB 93.863708
RWF 1680.566396
SAR 4.33291
SBD 9.285301
SCR 17.363686
SDG 693.912357
SEK 10.938258
SGD 1.49255
SHP 0.866246
SLE 28.345751
SLL 24211.30527
SOS 657.725986
SRD 43.413994
STD 23897.798134
STN 24.500968
SVC 10.069398
SYP 127.614745
SZL 19.759781
THB 37.518628
TJS 10.995934
TMT 4.041085
TND 3.392934
TOP 2.779989
TRY 51.310654
TTD 7.819309
TWD 36.998328
TZS 2969.117305
UAH 50.443693
UGX 4287.169379
USD 1.154596
UYU 46.58184
UZS 14034.554481
VES 540.268027
VND 30409.162038
VUV 137.841886
WST 3.204561
XAF 655.982917
XAG 0.0165
XAU 0.000257
XCD 3.120353
XCG 2.074082
XDR 0.815832
XOF 655.982917
XPF 119.331742
YER 275.490657
ZAR 19.766689
ZMK 10392.750198
ZMW 21.663856
ZWL 371.779317
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    -0.0900

    22.66

    -0.4%

  • BCE

    -0.2200

    25.25

    -0.87%

  • BCC

    0.1400

    74.43

    +0.19%

  • JRI

    -0.2700

    11.8

    -2.29%

  • RIO

    0.8500

    86.64

    +0.98%

  • NGG

    -0.4800

    81.92

    -0.59%

  • RYCEF

    -0.5900

    14.65

    -4.03%

  • CMSC

    -0.0500

    22.77

    -0.22%

  • GSK

    -0.1000

    53.84

    -0.19%

  • RELX

    -0.1000

    31.97

    -0.31%

  • AZN

    5.0200

    188.42

    +2.66%

  • BTI

    0.3749

    57.8

    +0.65%

  • VOD

    -0.1400

    14.49

    -0.97%

  • BP

    0.5100

    46.68

    +1.09%

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