On November 2, Deputy Prime Minister and Minister of Finance and Economy Lee Hyoung Il met with U.S. Ambassador to the Republic of Korea Michelle Park Steel at the Government Complex Seoul to exchange views on ways to further strengthen economic cooperation between Korea and the U.S.

Deputy Prime Minister Lee congratulated Ambassador Steel on her appointment as U.S. Ambassador to Korea and noted that the Korea-U.S. alliance, which has evolved over more than seven decades, has deepened beyond security cooperation to encompass economic areas such as high-tech industries, energy, and supply chains. He also expressed hope that Ambassador Steel, who was born in Seoul and has a deep understanding of both Korea and the U.S., would serve as a strong bridge for economic cooperation between the two countries.

The two sides also shared views on key issues, including Korea-U.S. strategic investment and trade. Emphasizing the importance of maintaining close communication between the two countries, Deputy Prime Minister Lee called on the U.S. Embassy in Seoul to play an active role in facilitating such dialogue.

Both sides underscored the need to further expand economic cooperation to continuously strengthen the Korea-U.S. alliance.

Please refer to the attached files.