The Fort Worth Press - S. Korea says 'bewildering' immigration raid could chill investment

USD -
AED 3.672498
AFN 63.503463
ALL 83.463315
AMD 376.986282
ANG 1.790083
AOA 916.999701
ARS 1385.5001
AUD 1.455519
AWG 1.8
AZN 1.697717
BAM 1.699513
BBD 2.014051
BDT 122.697254
BGN 1.709309
BHD 0.377509
BIF 2970.416618
BMD 1
BND 1.287696
BOB 6.935386
BRL 5.249203
BSD 0.999996
BTN 94.787611
BWP 13.787859
BYN 2.976638
BYR 19600
BZD 2.011105
CAD 1.38957
CDF 2282.497331
CHF 0.79815
CLF 0.023381
CLP 923.220134
CNY 6.91185
CNH 6.910575
COP 3675.3
CRC 464.366558
CUC 1
CUP 26.5
CVE 95.823032
CZK 21.287398
DJF 178.063563
DKK 6.487585
DOP 59.522516
DZD 133.12557
EGP 53.60199
ERN 15
ETB 154.582495
EUR 0.868195
FJD 2.24025
FKP 0.752712
GBP 0.753015
GEL 2.679845
GGP 0.752712
GHS 10.957154
GIP 0.752712
GMD 73.496975
GNF 8767.699413
GTQ 7.653569
GYD 209.330315
HKD 7.83265
HNL 26.549649
HRK 6.542699
HTG 131.078738
HUF 337.827038
IDR 16992
ILS 3.13965
IMP 0.752712
INR 94.54595
IQD 1309.975365
IRR 1313250.000126
ISK 124.680163
JEP 0.752712
JMD 157.400126
JOD 0.709001
JPY 159.638505
KES 130.050221
KGS 87.450178
KHR 4004.935568
KMF 427.999997
KPW 900.00296
KRW 1515.180048
KWD 0.308023
KYD 0.833344
KZT 483.44391
LAK 21749.12344
LBP 89547.486737
LKR 314.996893
LRD 183.502503
LSL 17.171359
LTL 2.95274
LVL 0.60489
LYD 6.383247
MAD 9.346391
MDL 17.564303
MGA 4167.481307
MKD 53.547773
MMK 2098.832611
MNT 3571.142668
MOP 8.068492
MRU 39.926487
MUR 46.9159
MVR 15.449664
MWK 1733.901626
MXN 18.05465
MYR 4.019496
MZN 63.949773
NAD 17.171583
NGN 1382.179868
NIO 36.800007
NOK 9.73768
NPR 151.645993
NZD 1.74163
OMR 0.384435
PAB 1.000013
PEN 3.483403
PGK 4.321285
PHP 60.756974
PKR 279.086043
PLN 3.715515
PYG 6537.91845
QAR 3.646009
RON 4.4255
RSD 101.931978
RUB 81.502485
RWF 1460.256772
SAR 3.752499
SBD 8.042037
SCR 14.901688
SDG 600.999691
SEK 9.45515
SGD 1.28755
SHP 0.750259
SLE 24.550138
SLL 20969.510825
SOS 571.503052
SRD 37.600996
STD 20697.981008
STN 21.28926
SVC 8.74968
SYP 110.527654
SZL 17.169497
THB 32.779898
TJS 9.555322
TMT 3.5
TND 2.948402
TOP 2.40776
TRY 44.41694
TTD 6.794374
TWD 32.0145
TZS 2584.999806
UAH 43.831285
UGX 3725.347921
UYU 40.479004
UZS 12195.153743
VES 467.928355
VND 26335
VUV 119.385423
WST 2.775484
XAF 569.988487
XAG 0.014146
XAU 0.000221
XCD 2.70255
XCG 1.802248
XDR 0.708991
XOF 569.988487
XPF 103.633607
YER 238.59797
ZAR 17.06745
ZMK 9001.197652
ZMW 18.824133
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    -0.1600

    22.5

    -0.71%

  • CMSC

    -0.1000

    22.67

    -0.44%

  • GSK

    0.3900

    54.23

    +0.72%

  • BCE

    -0.0200

    25.23

    -0.08%

  • RELX

    0.7800

    32.75

    +2.38%

  • RYCEF

    -0.4000

    14.29

    -2.8%

  • AZN

    5.4600

    193.88

    +2.82%

  • RIO

    2.1800

    88.82

    +2.45%

  • NGG

    1.7700

    83.69

    +2.11%

  • BCC

    0.5200

    74.95

    +0.69%

  • BTI

    0.4600

    58.26

    +0.79%

  • JRI

    0.1200

    11.92

    +1.01%

  • VOD

    0.2100

    14.7

    +1.43%

  • BP

    0.6700

    47.35

    +1.41%

S. Korea says 'bewildering' immigration raid could chill investment
S. Korea says 'bewildering' immigration raid could chill investment / Photo: © US Immigration and Customs Enforcement/AFP/File

S. Korea says 'bewildering' immigration raid could chill investment

South Korean President Lee Jae Myung said Thursday that a massive US immigration raid on a Hyundai-LG battery factory site was "bewildering" and could have a chilling effect on future investment.

Text size:

Seoul is expecting hundreds of workers detained during last week's raid in the US state of Georgia to be released from detention on Thursday and flown back to Seoul.

President Lee blamed the raid on "cultural differences", saying that in South Korea, minor visa infractions by American nationals were not seen as "a serious issue".

After the US detained hundreds of workers, South Korean companies "can't help but question whether setting up a plant in the US is worth the potential risks," he said.

"This could have a significant impact on future investment decisions, particularly when evaluating the feasibility of direct operations in the US," he said.

South Korea is a staunch US security ally and major investor in America, with its top companies pouring billions into developing factories and plants in the United States.

During the initial project development period, many South Korean companies have relied on bringing in their own workforce, with industry sources telling AFP it was common practice to use visa workarounds to bring in skilled labour, to avoid project delays.

President Lee said that for South Korean companies "when setting up facilities, equipment and factories, skilled technicians are essential".

"Someone has to install the machinery, and the necessary workforce simply doesn't exist locally in the US," he said, adding that the companies had long relied on bringing in their engineers for short-term periods to train local workers.

"But now, even that basic request is being rejected," he said.

- Handcuff shock -

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

The operation was the largest single-site raid conducted since US President Donald Trump launched a sweeping immigration crackdown, a top political priority since he returned to office in January.

The raid came less than a month after Trump welcomed President Lee to the White House.

Images of the workers being chained and handcuffed have caused widespread alarm in South Korea, and Seoul had negotiated to make sure the workers were not handcuffed again as they were repatriated, Lee said.

"President Trump reportedly ordered: 'Let them return freely. If someone doesn't want to go, they don't have to," President Lee said.

The repatriation was briefly delayed by Trump asking whether the workers should remain stateside, a Seoul foreign ministry official in Washington said.

However, South Korea's Foreign Minister Cho Hyun said that "given the workers' shock and exhaustion, it would be best for them to return home first and then re-enter the US for work later".

A Korean Air Boeing 747-8I left Seoul Wednesday, a company representative told AFP.

President Lee said the workers were "scheduled to depart the detention facility at 3 pm Seoul time (0600 GMT) today".

T.Dixon--TFWP