Trade Minister Yeo Han-koo held talks with United States Deputy Secretary of Commerce Don Graves and Trade Representative (USTR) Katherine Tai in Washington D.C. on March 3 and 4, respectively, to discuss Korea-US sanctions against Russia, the Indo-Pacific Economic Framework (IPEF), Section 232 steel tariffs, and related trade policy coordination issues, the Ministry of Trade, Industry and Energy (MOTIE) said on March 11.
Meanwhile, Minister Yeo said on March 11 in Seoul, "The Korea-U.S. FTA has become a solid game changer for Korea-U.S. economic and trade cooperation. As our companies are working as key players in building high-tech industrial supply chains in the U.S., we will strengthen supply chain resilience."
Yeo made the remarks in a congratulatory speech at the "10th Anniversary Seminar of the Korea-U.S. Free Trade Agreement" sponsored by the MOTIE and held by the Korea International Trade Association.
“The two countries should cooperate in the changing global trade environment to respond to new trade issues such as supply chains, new technologies, digital, and climate change under the Korea-US FTA framework and prepare for a new decade,“ he added.