South Korea's automobile industry welcomed Seoul and Washington's plan to advance a strategic investment project in the United States. The Korea Automobile and Mobility Association (KAMA) said the agreement is the first concrete step toward implementing the strategic U.S. investment agreed by the two countries last year. KAMA said the project could reduce trade uncertainty, provide more stable conditions for Korean companies expanding and exporting in the U.S. market, and strengthen bilateral economic and industrial cooperation. It also said the investment could help the auto industry maintain a stable trade environment, including tariff conditions, in the United States, South Korea's largest export market, while supporting competitiveness against major rival countries. KAMA linked the project to deeper supply-chain cooperation as global competition over automotive technology and supply-chain ecosystems intensifies. The association said it hopes the investment will generate further cooperation opportunities and pledged to strengthen South Korea's domestic production base by stimulating demand and developing the parts ecosystem.