Seoul - Trade Minister Cheong In-kyo announced intentions for a forthcoming visit to the United States, aiming to deliberate on trade matters and brace for the economic implications of the upcoming U.S. presidential election. This visit will mark Cheong's inaugural official trip to the U.S. since assuming his ministerial role in January and underscores the significance of South Korea-U.S. trade relations amid global uncertainties.
According to Yonhap News Agency, Cheong is scheduled to confer with U.S. Trade Representative Katherine Tai in Washington, focusing on the South Korea-U.S. Free Trade Agreement's joint committee discussions. The minister's agenda is set to encompass interactions with a broad spectrum of stakeholders, encompassing both governmental and business community representatives, to assess and prepare for potential shifts in international trade dynamics. With the U.S. election on the horizon, Cheong highlighted the importance of strategic dialogues and scenario planning to navigate post-election trade landscapes, reflecting proactive measures to safeguard and promote bilateral trade interests amidst fluctuating global conditions.