NEW YORK: South Korea is set to engage in close communication with global investors to ensure its successful entry into the World Government Bond Index (WGBI), a key global government bond index managed by FTSE Russell. This strategic move was underscored by Finance Minister Choi Sang-mok during his meeting with major U.S. investment firms in New York.
According to Yonhap News Agency, Choi emphasized that South Korea’s inclusion in the WGBI, effective November 2025, is a testament to the international acknowledgment of the country’s efforts in enhancing its investment environment. Choi assured the investors that the South Korean government is committed to ensuring that previous measures to improve financial systems are functioning optimally.
Choi also highlighted the continuation of the “corporate value-up program,” designed to boost the value of local businesses and address the Korea discount. Additionally, he presented South Korea’s potential in the artificial intelligence (AI) sector, supported by its ad
vanced semiconductor technologies and infrastructure. The nation plans to utilize a diversified energy portfolio, involving nuclear and hydrogen, to power the AI industry while achieving carbon neutrality.
Addressing geopolitical tensions, Choi stated that South Korea maintains effective communication with the United States concerning trade policies, including the Inflation Reduction Act, which could impact local businesses. Furthermore, he mentioned South Korea’s intention to explore avenues for resolving issues with China by pursuing mutual benefits.