Korea, US hold first 2+2 meeting of finance, monetary policymakers

Korea and the United States held their first two-plus-two meeting of finance and monetary policymakers on the sidelines of a G20 ministerial gathering in Bangkok. Finance Minister Lee Hyoung-il and Bank of Korea Governor Shin Hyun-song met with U.S. Federal Reserve Chair Kevin Warsh and U.S. Deputy Treasury Secretary Francis Brooke to discuss recent economic developments and ways to enhance bilateral economic and financial cooperation.

The meeting aimed to strengthen coordination between the two countries' finance and monetary authorities in response to external uncertainties.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.