Overseas Korean Business Group Welcomes President’s Pledge The Korean Diaspora Business Initiative (KDBI) has issued a statement welcoming President Lee Jae-myung’s commitment to lowering the age limit for dual citizenship, a long-held aspiration of overseas Korean communities. President Lee made the pledge during his address…
In 1994, a year full of coincidences changed the course of my life. I got married, met three powerful business leaders, bought a pair of 141-year-old Joseon dynasty leather shoes for $30 at a small antique shop near Washington, traveled to Cuba as a reporter…
The Korean American community has seen remarkable growth over the past two decades. In 2023, Pew Research estimated that about 2 million Koreans were living in the United States, making them the fifth largest Asian-origin group and accounting for around 8% of the total Asian…
When the idea of an Overseas Koreans Agency was first conceived, the most important consideration was a sustainable operating structure. With limited budgets, it was simply unrealistic to support thousands of Korean organizations around the world. For example, in 1997 alone, the Washington, D.C. area…
Policy Centered on Business Associations (Part 1) The purpose of the Overseas Koreans Foundation was clear from the start:to strengthen the self-reliance of Korean communities abroad by fostering business associations first—so that these associations could generate funds to support other Korean organizations. Unfortunately, the very…
I am profoundly grateful to leaders who have joined in this effort. Byung-gu Hwang, Chairman of the Korean American Chamber of Commerce USA, not only expressed his personal support but also pledged to bring this initiative as a formal agenda item at the upcoming August…