Members of the U.S.-Korea Business Council and the Korea-U.S. Business Council highlighted the strong economic, political, and cultural ties between the two economies, as well as the growing number of mutually-beneficial
collaborations between U.S. and Korean businesses. With global growth remaining slow, the Councils reiterated the importance of continued cooperation across a variety of sectors to advance our bilateral economic and commercial relations.
The Internet of Things (IoT) is transforming the way we live, work, do business, and meet the needs of the public. This emerging technology will impact virtually all industries and all walks of life. There is little doubt the scale of IoT will grow exponentially. It is estimated that the number of connected devices will grow from 20 to 50 billion units in 2020 and the market size will grow to several trillion dollars by 2025. This report presents several use cases of IoT that demonstrate the benefits of the emerging technology in various industries and settings, including energy, manufacturing, healthcare, auto, supply chain and logistics, and cities.
SEOUL— The U.S.-Korea Business Council (USKBC) and U.S.-Japan Business Council (USJBC), affiliates of the U.S. Chamber of Commerce, today concluded a trilateral Internet of Things (IoT) and Digital Economy forum in Seoul, South Korea. The forum highlighted the potential of transformative technologies and the necessary public policies to support them.
The U.S.-Japan Business Council (USJBC) is pleased to announce that Charles H. Robbins, chief executive officer and member of the board of Cisco Systems, Inc., has been elected chairman of the USJBC for a two -year term, effective November 4, 2016. Robbins, who has been CEO of Cisco since 2015, takes over the USJBC chairmanship from Dr. John Lechleiter, president, chairman and CEO of Eli Lilly and Company.
The U.S. Chamber of Commerce, U.S.-Korea Business Council, and U.S.-Japan Business Council today held the first meeting of the Trilateral Digital Economy Steering Committee, formally launching the initiative aimed at advancing a public policy framework to support the digital revolution.
With the Trans-Pacific Partnership (TPP), a free trade agreement with the United States and 11 other Pacific countries, finished and expected to be debated in Congress later this year, the usual opponents of trade agreements are at it again, using cherry-picked data to discredit trade ag
The U.S.-Japan Business Council (USJBC), an affiliate of the U.S. Chamber of Commerce, today released its 2016 Policy Statement outlining a series of priority reform recommendations in support of Japan’s efforts to put its economy on a track toward sustainable, long-term economic growth...
The U.S.-Korea Free Trade Agreement entered into force four years ago today. While it’s still too early to arrive at a full assessment of its results, the agreement has already brought real benefits for American workers, farmers, ranchers, and companies.
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Above the Fold is your window on policy, with analysis, commentary and real stories about the intersection of government and business.