KOREA NEWS Korea, US diplomats confident about solid ties with Japan...

Korea, US diplomats confident about solid ties with Japan after elections

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Minister of Foreign Affairs Park Jin, second from left, speaks during a special luncheon hosted by the American Chamber of Commerce in Korea (AMCHAM) at Grand Hyatt Seoul, Tuesday. From left are AMCHAM Chairman James Kim, Park, U.S. Ambassador to Korea Philip Goldberg and CNBC correspondent Chery Kang. Courtesy of AMCHAM

Foreign minister, US ambassador vow to enhance economic partnership

By Park Jae-hyuk

The trilateral diplomatic and economic relationship between Korea, the U.S. and Japan must be sustained even after their forthcoming elections next year, senior diplomats of Korea and the U.S. said Tuesday.

During the American Chamber of Commerce in Korea’s (AMCHAM) special luncheon, Minister of Foreign Affairs Park Jin and U.S. Ambassador to Korea Philip Goldberg repeatedly stressed the importance of the three countries’ partnership, which was also confirmed at the Camp David summit in August.

Emphasizing that the three nations will continue to contribute to peace, freedom and prosperity, Park told participants that their partnership transcends politics, as they are like-minded countries sharing common values, such as democracy, free market economy and human rights.

“From next year, we are going to work together in the U.N. Security Council,” the minister said.

Goldberg also mentioned bipartisan support for their trilateral ties, saying that President Yoon Suk Yeol’s speech before the U.S. Congress during his state visit in April impressed both parties.

On the occasion of the 70th anniversary of the bilateral alliance, Park and Goldberg also talked about strong economic ties between Korea and the U.S.

American Chamber of Commerce in Korea (AMCHAM) Chairman James Kim, third from left, talks with Hanjin Group Chairman Cho Won-tae, left, Minister of Foreign Affairs Park Jin, second from left, and U.S. Ambassador to Korea Philip Goldberg during a special luncheon at Grand Hyatt Seoul, Tuesday. Yonhap

“As can be seen in the fact that our leader visited the U.S. four times in a single year, the relationship between the U.S. and Korea is closer and more dynamic than ever,” Park said. “In recent years, two-way investments have been increasing day by day, centering on high-tech industries, and the two governments are closely communicating and seeking solutions to pending bilateral issues based on trust and reciprocity based on the alliance.”

He also said that the two countries have navigated difficult issues, such as the U.S. Inflation Reduction Act and the CHIPS Act, through continuous communication.

Recognizing companies of both countries for their mutual investments, the U.S. ambassador said that the Korea-U.S. business partnerships are driving growth and innovation that benefit not only their own people, but the broader global economy.

In addition, Park and Goldberg vowed to make efforts for the success of the Indo-Pacific Economic Framework for Prosperity (IPEF).

Amid the U.S. government’s silence on which candidate it would support, Park also sought support for Busan’s bid to host the World Expo 2030, reminding participants that the international event’s host city would be announced several hours later.

 

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