SEOUL — The South Korean Presidential Office has issued a directive to government ministries, urging them to capitalize on the recent change in U.S. visa policy as an opportunity to attract global talent. Citing the U.S. government’s decision to increase the H-1B professional visa application fee from $1,000 (approximately ₩1.4 million) to a staggering $100,000 (about ₩140 million), Chief of Staff Kang Hoon-sik emphasized the need for a strategy to bring top-tier science and engineering professionals to Korea.

 
Policy Shift and Strategic Response

During a meeting with senior secretaries and aides, Chief of Staff Kang noted that the high cost of the U.S. visa could now act as a deterrent for many highly skilled foreign workers. This presents a unique window of opportunity for Korea to attract these individuals. Kang highlighted that the government's renewed focus on a "super-innovative economy" led by technology, including a significant budget increase for AI initiatives, makes this a timely and critical move. He stated, “The competition in advanced industries will be won by securing top talent.”

 
Protecting the Vulnerable, Ensuring Safety

While the primary focus was on talent acquisition, the meeting also addressed domestic issues. The Presidential Office discussed improving the support system for soldiers injured during their service, a topic that has gained public attention following recent military accidents. Chief of Staff Kang stressed the importance of ensuring that injured soldiers receive timely and fair compensation for their sacrifices.

Furthermore, with large crowds expected for the upcoming Yeouido Fireworks Festival and the Chuseok holiday, Kang instructed relevant ministries—including the Ministry of the Interior and Safety, the National Police Agency, and the National Fire Agency—to be on high alert. He urged all government departments to conduct thorough preparations and on-site inspections to prevent any safety lapses.

 
Fairness in the Economy

The meeting also touched on economic fairness, specifically addressing the imbalance in power between franchise headquarters and their franchisees. Kang expressed concern that "the head office makes the money while the franchisee does all the work." He called for systemic improvements to ensure fair economic practices and protect franchisees, who are often in a weaker position, from potential harm during business operation and closure.

[Copyright (c) Global Economic Times. All Rights Reserved.]