Industry minister optimistic going into talks with Washington

Published on: 2025/02/27 17:00

Industry minister optimistic going into talks with Washington
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Trade Minister Ahn Duk-geun is in Washington D.C. for talks with U.S. officials as a number of Trump tariffs are poised to go into effect in the weeks ahead.

Lee Seung-jae reports.

South Korea's industry minister Ahn Duk-geun expressed confidence that his upcoming talks with U.S. trade officials will be constructive, adding that the two sides will be able to find "win-win" alternatives amid Trump administration tariff plans.

Speaking to reporters upon arriving at the Dulles International Airport on Wednesday, Minister Ahn said that Seoul and Washington will be able to "dispel various misunderstandings" as most of the trade issues have been addressed through past FTA renegotiations.

"We are in a situation where most of the issues, including non-tariff barriers, have been addressed in past FTA renegotiations. Through specific consultations with the U.S. side, I believe that we can dispel various misunderstandings and craft a constructive alternative."

The industry minister also emphasized that his visit to Washington is aimed at finding the "best" option to protect South Korean businesses, while deepening bilateral partnership with the U.S. on strategic industrial sectors.

He also said that he feels a great sense of responsibility, as the matter is of great national interest.

Ahn cited the handling of the previous-Biden administration's Inflation Reduction Act, 이전 바이든 행정부의 인플레이션 감축 법안 처리를 예로 들면서, saying that Seoul will be able to find a constructive, win-win alternative with the current U.S. administration.

The minister will hold talks with U.S. Commerce Secretary Howard Lutnik during his visit,.. with plans to discuss U.S. tariffs and bilateral cooperation in the shipbuilding industry, cutting-edge industries, energy, and other strategic sectors.

Lee Seung-jae, Arirang News.

Arirang news https://www.arirang.com/news/view?id=281091

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