South Korea Regrets US House Report Accusing Seoul of 'Discriminatory Attacks' on Coupang
Quick Look
- South Korea's foreign ministry expressed regret over a U.S.
- House Judiciary Committee report accusing Seoul of "discriminatory attacks" against e-commerce giant Coupang and other American firms.
- The ministry stated the report reflects only Coupang's claims one-sidedly and that investigations were conducted lawfully and fairly.
AI-generated summary
Why It Matters
A U.S. House committee report accused South Korea of discriminatory practices against U.S. firms like Coupang. South Korea's foreign ministry regrets the report, stating it's one-sided and investigations were lawful.
By Oh Seok-min
SEOUL, July 2 (Yonhap) -- The foreign ministry on Thursday expressed regret over a U.S. House Judiciary Committee report that accused Seoul of carrying out "discriminatory attacks" against e-commerce giant Coupang Inc. and other American firms.
In an interim staff report released Wednesday (U.S. time), the committee said Coupang has been a "consistent target" of the Seoul government, claiming South Korea has subjected U.S.-owned firms to "coercive investigations, overly burdensome regulatory requirements and excessive fines and penalties" in favor of Korean firms.
"We express regret that the report appears to reflect only Coupang's claims in a one-sided manner," ministry spokesperson Park Il said in a press briefing, noting that the report fails to reflect the Seoul government's position and the factual information it has provided to the committee.
"Investigations and regulatory measures concerning Coupang have been conducted lawfully under South Korean law and have been implemented in a fair and non-discriminatory manner, regardless of nationality," Park added.
Coupang has faced public criticism and investigations over a massive data leak in South Korea that is believed to have affected more than 33 million users.
The strongly worded report has renewed concerns that the Coupang issue could affect broader aspects of the Korea-U.S. alliance.
Officials in Seoul have acknowledged that the issue has contributed, at least in part, to delays in bilateral security consultations outlined in the Korea-U.S. joint fact sheet released following the summit between President Lee Jae Myung and U.S. President Donald Trump in October.
The consultations, which focus on Seoul's push to acquire a nuclear-powered submarine, and secure capabilities for civil uranium enrichment and spent nuclear fuel reprocessing, were held only last month after they were initially expected to begin earlier this year.
"The government will continue consultations with the U.S. side to ensure that issues related to Coupang do not have a negative impact on security discussions between the two nations," Park said.
Officials said additional reports or congressional hearings could follow, given that the document is an interim staff report akin to a preliminary report, adding that the government will continue outreach efforts to explain Seoul's position on the issue.
Seoul and Washington are also working to hold a second round of security consultations later this month, the officials said.
What to Watch
AI outlook — possibilities, not facts
Further congressional hearings or reports on the Coupang issue are likely.
Likely · Within months
Second round of security consultations to be held this month.
Very likely · Within weeks
Open Questions
- Will further US congressional action follow?
- How will this impact Korea-US security talks?
- What specific evidence supports the committee's claims?
