Biden sends letter to Yoon expressing willingness for talks on IRA

National
User2118 Comments on Biden sends letter to Yoon expressing willingness for talks on IRA

SEOUL– U.S. President Joe Biden has sent a letter to President Yoon Suk-yeol expressing his willingness to continue frank and open-minded talks on the U.S. Inflation Reduction Act, a presidential official said Wednesday.

Biden also said in the letter the previous day that he is well aware of Yoon’s concerns about the IRA, the official told reporters.

The IRA gives tax credits only to electric vehicles assembled in North America, raising concerns it will act as a significant trade barrier for Korean carmakers.
Last month, Yoon asked Biden to resolve the concerns when they met on the sidelines of the U.N. General Assembly in New York. Biden responded at the time that he was well aware of the concerns, and that South Korea and the U.S. should continue serious consultations on the matter.

“President Biden’s letter was written based on the two leaders’ discussions on the IRA during their multiple meetings in New York and London last month,” the official said.

“We assess that by once again expressing his understanding of our concerns through a personally signed letter and by clearly stating the positive role of South Korean businesses, President Biden expressed his commitment to President Yoon to showing consideration to South Korean businesses in the future,” the official added.

The IRA has emerged as a key source of strain between the allies despite their continued cooperation on security issues amid North Korea’s increased missile testing and nuclear threats.

Biden said in his letter he is confident a crucial role will be played by the U.S. alongside South Korea in strengthening the alliance and achieving their joint goals, the official said.

Source: Yonhap News Agency

Related Posts

Seoul allows some gyms, indoor golf driving ranges to open till midnight

admin

Rival parties in last-minute talks over fate of controversial media bill

User2

Busan mayor charged with election law violation

User2

118 thoughts on “Biden sends letter to Yoon expressing willingness for talks on IRA”

  1. Great post and straight to the point. I am not sure if this is truly the best
    place to ask but do you folks have any thoughts on where to get some professional writers?
    Thx 🙂

    Reply

  4. Hi there! This post couldn’t be written much better! Going through this post reminds me of my previous roommate! He always kept talking about this. I am going to forward this article to him. Pretty sure he’s going to have a great read. Many thanks for sharing!

    Reply

  5. I’m impressed, I must say. Seldom do I come across a blog that’s both educative and interesting, and let me tell you, you have hit the nail on the head. The problem is an issue that not enough men and women are speaking intelligently about. I am very happy I came across this during my hunt for something concerning this.

    Reply

  9. When I initially commented I seem to have clicked on the -Notify me when new comments are added- checkbox and now whenever a comment is added I receive 4 emails with the same comment. Perhaps there is a means you are able to remove me from that service? Many thanks.

    Reply

  111. Discovering Sugar Protector has actually been a game-changer for me, as I have actually constantly been vigilant about managing my
    blood sugar levels. I currently feel empowered and positive
    in my ability to preserve healthy and balanced levels, and my newest medical
    examination have reflected this development. Having a reliable supplement
    to match my a significant source of comfort,
    and I’m really glad for the significant difference Sugar Defender has
    made in my overall well-being.

    Reply

  115. Oh my goodness! Incredible article dude! Many thanks, However I am going through problems with your RSS. I don’t understand the reason why I can’t subscribe to it. Is there anybody getting the same RSS issues? Anyone that knows the answer will you kindly respond? Thanx!!

    Reply

  116. Hello there! Do you know if they make any plugins to help with
    SEO? I’m trying to get my site to rank for some targeted keywords but I’m not seeing very good success.
    If you know of any please share. Many thanks! I saw similar art here:
    Bij nl

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *