President Lee pitches for investment in Silicon Valley... embarks on South American tour

[Anchor]

President Lee Jae-myung has called on global venture capital firms in Silicon Valley, United States, to invest in South Korean companies. President Lee proposed that South Korea and the United States join forces to build the next generation of global innovation companies.

Reporter Kang Cheongwan has the details.

[Reporter]

President Lee Jae-myung, visiting Silicon Valley in the United States, shakes hands with the heads of U.S. venture capital firms.

President Lee engaged in sales diplomacy, urging world-leading specialized venture capital firms managing hundreds of trillions of won in assets, such as Andreessen Horowitz and Khosla Ventures, to invest in South Korean startups and venture companies.

[South Korea's competitiveness does not lie solely in technology. It also includes rapid execution, world-class manufacturing infrastructure, digital infrastructure, and outstanding talent...]br />
Promising to expand investment infrastructure such as improving visa systems and supporting pension funds, President Lee stated that by combining South Korea's technological prowess and manufacturing competitiveness with U.S. investment capabilities, they can create new opportunities for growth.

[When the strengths of our two countries are combined, we will be able to create the next generation's Samsung, Hyundai, SK, Naver, and new global innovation companies that will lead the world.]

Venture investors in Silicon Valley praised South Korea's manufacturing and semiconductor industry capabilities, expressing high expectations.

[Martin Casado / Partner, Andreessen Horowitz: South Korea excels in manufacturing, and it also has leading companies in the semiconductor sector. I believe South Korea holds a unique and prominent position in the field of AI.]

Having concluded his two-day, one-night schedule in the United States, President Lee arrived in Brazil early this morning, Korea time (July 27), to embark on a diplomatic tour of three South American countries.

President Lee is scheduled to hold a summit with Brazilian President Luiz Inacio Lula da Silva tonight, Korea time.

(Video Journalist: Jung Sang-bo, Video Editor: Jeon Min-gyu)
※ Please note: This article was translated by AI and may contain errors.