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.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic miss...
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
Country music legend Dolly Parton, whose songs, unmistakable style and warmth made her one of America’s most enduring entertainers, has died ...
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Canada has announced nearly $20 billion in retaliatory tariffs on U.S. goods and billions in support for workers and businesses, escalating its trade dispute with Washington after President Donald Trump's latest duties took effect.
Pakistani exporters are facing soaring shipping costs to the U.S., with freight rates more than tripling on some routes as the Iran-U.S. conflict drives up war-risk insurance and fuel costs.
The trial of a Libyan man accused of building the bomb that destroyed Pan Am Flight 103 over the Scottish town of Lockerbie in 1988, killing 270 people, has been postponed by a U.S. federal judge.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment