Deputy U.S. Secretary of State for Economic Affairs Jacob Helberg met with South Korea’s Second Vice Minister of Foreign Affairs, Kim Jina, in Washington to discuss ways to strengthen bilateral economic collaboration during a high-level economic dialogue. n nThe meeting reaffirmed commitments made during the presidential summits held in Washington in August and in Gyeongju in October, which marked a new phase in the alliance between the two nations, according to a statement released Thursday by the U.S. Department of State. n nBoth officials expressed anticipation for the upcoming public-private economic forum scheduled to take place in Seoul on December 16. n nDiscussions highlighted progress on the Strategic Trade and Investment Agreement, which includes $350 billion in investments aimed at revitalizing U.S. manufacturing. This initiative plays a central role in advancing cooperation across trade, energy security, shipbuilding, and emerging technologies. n nThe dialogue also covered South Korean public and private investments in American manufacturing, as well as ongoing efforts to streamline business travel between the countries through a joint task force focused on visas and travel facilitation. n nOfficials emphasized the importance of enhancing shared economic security measures and building resilient supply chains, while addressing unfair and non-market policies and practices. n nCooperation on critical minerals was another key topic, with recognition of South Korea’s contributions to flexible supply chains at both regional and global levels. n nAdditionally, the two sides discussed leveraging industrial capabilities to support economic recovery in conflict-affected regions, referencing what the U.S. State Department described as former President Donald Trump’s achievements in advancing peace initiatives. n— news from صدى البلد
— News Original —nThe United States and South Korea Discuss Enhancing Economic Cooperation During High-Level Dialogue
Deputy U.S. Under Secretary of State for Economic Affairs Jacob Helberg met in (Washington) with South Korea’s Second Vice Minister of Foreign Affairs Kim Jina to strengthen economic cooperation during the high-level economic dialogue between their two countries. n nA statement issued by the U.S. Department of State on Thursday noted that both sides reaffirmed – during the meeting – the commitments agreed upon during the two presidential summits held in Washington last August and in Gyeongju in October, which launched a new phase in developing the alliance between the two countries. n nThe two officials also expressed hope for the upcoming public-private economic forum to be held in Seoul on December 16 of this month. n nThe statement indicated that the dialogue reviewed progress on the Strategic Trade and Investment Agreement, which includes $350 billion in investments in reindustrialization efforts within the United States, a key factor in supporting bilateral cooperation in trade, energy security, shipbuilding, and emerging technologies. n nThe two sides also discussed investments being made by the South Korean government and private sector in the U.S. manufacturing sector, along with ongoing efforts to facilitate travel for South Korean businesspeople to the United States through the joint working group on travel and visas. n nThe statement added that officials affirmed the importance of strengthening joint economic security measures and working to secure reliable supply chains between the two countries, and discussed ways to counter unfair and non-market-oriented policies and practices. n nThey also discussed prospects for enhancing cooperation in the field of critical minerals, praising South Korea’s role in supporting resilient supply chains at regional and international levels. n nThe statement clarified that both sides also touched on mechanisms to leverage industrial capabilities to support efforts to restore economic stability in conflict-affected regions, in light of what the U.S. Department of State described as achievements by former U.S. President Donald Trump in promoting peace pathways.