The Korea Business Association said Ryu has been invited to Trump's inauguration ceremony on January 20 next year and is considering whether to attend.
Chairman Ryu is a representative "American expert" businessman and is known to be close to Republican figures such as former U.S. President George W. Bush.
At the Korea-U.S. business meeting held in the U.S. earlier this month, Ryu also introduced people from the first Trump era to the participants.
SM Group Chairman Woo Oh-hyun is also invited to attend Trump's inauguration ceremony as recommended by the Korea-U.S. Alliance Friendship Association.
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