Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il met with Michelle Park Steel, the new U.S. Ambassador to South Korea, to discuss ways to expand economic cooperation between the two countries.
On the morning of November 2, Lee welcomed Ambassador Steel at the Government Seoul Complex and exchanged views on the direction of Korea-U.S. economic cooperation and key issues between the two nations.
Lee congratulated Steel on her appointment and noted that the Korea-U.S. alliance, which has developed over more than 70 years, is deepening beyond security into economic areas such as advanced industries, energy, and supply chains.
He expressed hope that Steel, who was born in Seoul and has a deep understanding of both Korea and the United States, would serve as a strong bridge for economic cooperation between the two countries.
The two sides also discussed key issues such as strategic investment and trade between Korea and the U.S. Lee emphasized the importance of close communication moving forward and urged the U.S. Embassy in South Korea to play an active role.
Both parties agreed on the need to further expand economic cooperation to continuously strengthen the Korea-U.S. alliance.
* This article has been translated by AI.
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