Finance minister discusses economic ties, cooperation with US ambassador
Finance Minister Lee Hyoung-il met with U.S. Ambassador to Korea Michelle Steel on Monday to discuss ways to strengthen bilateral economic cooperation, the finance ministry said. During the meeting held at the government complex in Seoul, Lee said the Korea-U.S. alliance has expanded beyond security to encompass economic areas, including advanced industries, energy and supply chains, over the…
On Monday, Finance Minister Lee Hyoung-il met with U.S. Ambassador to Korea Michelle Steel to explore opportunities for enhancing bilateral economic cooperation, according to the finance ministry. The meeting took place at the government complex in Seoul.
During the discussion, Lee highlighted that the Korea-U.S. alliance, which has endured over the past 70 years, has expanded beyond military security to incorporate economic domains such as advanced industries, energy, and supply chains, as reported by the Ministry of Finance and Economy. He expressed optimism that Steel, who was born in Seoul, could facilitate connections between the two nations and bolster bilateral economic ties, leveraging her intimate knowledge of both countries.
Lee urged Steel to contribute to improving communication channels to address any bilateral trade disputes. Both parties concurred that the allies should intensify economic cooperation to further fortify the Seoul-Washington alliance, stated the ministry.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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