South Korean Finance Minister Choi Sang-mok departed for Washington on Tuesday to lead high-level trade negotiations with U.S. officials.
The talks, scheduled for Thursday, will also include South Korea's Trade, Industry, and Energy Minister Ahn Duk-geun, who will be joining Choi in discussions with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer.
Choi emphasized that the upcoming trade talks are crucial for revitalizing the South Korea-U.S. alliance. "I will return after opening the door for discussions on resolidifying the alliance between South Korea and the United States," he told reporters before his departure at Incheon International Airport.
In addition to the trade negotiations, Choi is expected to attend the Group of 20 (G20) meeting of finance ministers and central bank governors during his visit to the U.S.
The talks come amid ongoing concerns over the U.S. administration's imposition of a 25% across-the-board tariff on South Korean imports, which has been temporarily reduced to 10% for 90 days. South Korean acting President Han Duck-soo expressed hope that the talks will lead to mutually beneficial outcomes. "The upcoming meeting, which comes at the request of the U.S. side in consideration of the importance of the trade relationship with South Korea, is expected to open the door to win-win solutions based on candid dialogue and cooperation," Han said at a recent Cabinet meeting.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 12th of December, covering the latest developments you need to...
NATO's Secretary-General urged European leaders to step up defence efforts to prevent a war waged by Russia, that could be "on the scale of war our gr...
A powerful magnitude 6.7 earthquake has struck northern Japan, triggering tsunami warnings and forcing thousands of residents to flee to higher ground...
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a peri...
Ukraine has presented the U.S. with a revised 20-point framework to end the war with Russia, President Volodymyr Zelenskyy said on Thursday, adding th...
A man fatally stabbed two teenagers and seriously injured a third before falling from a motel window to his death in Changwon, South Gyeongsang Province, local authorities reported.
South Korean prosecutors have requested a 15-year prison sentence for former First Lady Kim Keon Hee, who is on trial for bribery, stock manipulation and fundraising offences, with a verdict due on 28 January.
The United States will reduce import duties on South Korean automobiles to 15%, effective retroactively from 1 November, according to an announcement by U.S. Commerce Secretary Howard Lutnick on Tuesday.
Han Hak-ja, who is accused of bribing former First Lady Kim Keon Hee with luxury gifts including Chanel handbags and a diamond necklace, went on trial in South Korea on Monday.
In a dramatic Champions League clash at Baku’s Tofiq Bahramov Stadium, Qarabağ grabbed an early lead, but Ajax staged a thrilling comeback to win 4-2.
A powerful magnitude 6.7 earthquake has struck northern Japan, triggering tsunami warnings and forcing thousands of residents to flee to higher ground.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Iran's President Massoud Pezeshkian has begun a two day visit to Kazakhstan, with officials from both sides describing the trip as an opportunity to advance cooperation in trade, transport, industry, mining and cultural exchanges.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 12th of December, covering the latest developments you need to know.
NATO's Secretary-General urged European leaders to step up defence efforts to prevent a war waged by Russia, that could be "on the scale of war our grandparents and great-grandparents endured".
A powerful magnitude 6.7 earthquake has struck northern Japan, triggering tsunami warnings and forcing thousands of residents to flee to higher ground.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
Ukraine has presented the U.S. with a revised 20-point framework to end the war with Russia, President Volodymyr Zelenskyy said on Thursday, adding that the issue of ceding territory remains a major sticking point in negotiations.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment