S. Korea, U.S. finance chiefs reaffirm bilateral economic cooperation
The finance ministers of South Korea and the U.S. emphasized the importance of economic collaboration.
The finance ministers of South Korea and the U.S. emphasized the importance of economic collaboration.
On October 13, 2026, the finance ministers of South Korea and the United States held a video conference to reaffirm their commitment to bilateral economic cooperation. This meeting marked the first interaction between South Korea's Finance Minister Lee Hyoung-il and U.S. Treasury Secretary Scott Bessent since Lee's appointment last month.
During the conference, Secretary Bessent congratulated Minister Lee on his new role and underscored the significance of collaboration in addressing global economic challenges. Minister Lee expressed gratitude for the congratulations and emphasized his desire for ongoing communication and cooperation between the two nations.
The two leaders discussed shared economic policy priorities and explored avenues to strengthen their economic partnership. This reaffirmation of commitment highlights the ongoing efforts to navigate the complexities of the global economy together.
As both countries face various economic challenges, their collaboration is seen as crucial for fostering stability and growth in the region and beyond.
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