The new South Korean finance minister and the country’s leading trading envoy will meet with US counterparts on Friday for talks on US duties, Finance Minister said Tuesday Cu Yun-Chew.
The country’s foreign and industry ministers will also visit the US for commercial debates as early as this week, Ko said to reporters after a meeting of the finance ministers.
Ku took over his duties on Monday.
The four officials constitute a new group under the president Lee Jae Miungwho was sworn in on June 4 after his victory in early elections announced after his predecessor was dismissed for trying to declare military law.
The following political upheaval delayed South Korea’s reaction to the punitive tariff regime imposed by the US president Donald Trump In dozens of commercial partners, including basic industrial forces that are also allies in the field of security.
Ku and the Minister of Commerce Sono will have talks with US Finance Minister Scott Bessed and the US Commercial Representative JIMISON GRIR On Friday, at the request of US officials, the finance minister said.
“We have had discussions from the point of view of national interest and pragmatism and we will do our best to prepare a meticulous strategy until we leave.”said, refusing to answer the question of whether Seoul hoped to extend the deadline of August 1 prior to the entry into force of the mutual duties raised by Trump.
On Monday, the new Minister of Industry of South Korea, Kim Jung-Kuanstated that talks on duties with the United States are located at a critical phase which could lead to a series of possible results and pledged to make every effort to complete the negotiations by 1 August.
Trump is committed to imposing duties on a number of countries, including South Korea, to reduce what he characterized unfair commercial imbalances.
On Saturday, Japan’s top negotiator for duties, RoseoHe also said he was planning to visit Washington this week to hold further talks at the ministerial level, as Tokyo hopes to reach an agreement until the deadline on August 1.
Source :Skai
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