Trade Minister Ahn Duk-geun speaks throughout a gathering with reporters in Washington, D.C., Jan. 9. Yonhap
Trade Minister Ahn Duk-geun stated Thursday he has harassed to U.S. lawmakers that Korea has been stably managing its economic system and industries, because the Asian nation has been thrust right into a interval of political uncertainty following President Yoon Suk Yeol’s botched martial regulation bid final month.
Throughout his go to to Washington, D.C., this week, Ahn drove dwelling the message in talks with lawmakers each within the Home of Representatives and the Senate, who’re coping with commerce and tax points, in addition to these whose districts are the place Korean companies have invested.
„At a time when there are various considerations about Korea’s home political scenario and exterior credibility, (I) dispelled the considerations of key U.S. figures by stressing that our authorities has been stably managing the home economic system and industries,“ he instructed Korean correspondents in Washington.
Throughout his conferences with U.S. lawmakers, Ahn additionally relayed Seoul’s place that the U.S. authorities’s help for Korean companies, which have invested within the U.S. along side the Inflation Discount Act and the CHIPS and Science Act throughout the Biden administration, ought to proceed underneath the incoming Trump administration.
„We’ve got reached a shared understanding that sustaining regular, constant coverage vis-a-vis Korean companies which have invested within the U.S. is necessary when it comes to making a pleasant enterprise setting provided that because of their elevated funding in keeping with the U.S.‘ trade and commerce insurance policies, the 2 nations‘ provide chain connectivity has strengthened,“ he stated.
Ahn additionally met with Sen. Todd Younger (R-IN), who has launched the SHIPS for America Act collectively together with his colleagues to bolster America’s maritime trade.
„I defined (to Younger) that Korea is a core associate within the means of the incoming Trump administration making an attempt to rebuild the U.S. shipbuilding trade, and agreed to proceed communication and cooperation throughout the means of the U.S.‘ laws and coverage formulation going ahead,“ the minister stated. (Yonhap)