South Korea Prepares for New US Administration: Yoon Orders Three-ProngedStrategy
Seoul, South Korea – President Yoon Suk-yeolhas instructed South Korean officials to proactively prepare for potential changes in US policy under the incoming administration. In a meeting on economic and security checks held on November 10th,Yoon directed the immediate establishment of a three-pronged strategy, led by the Deputy Prime Minister, to address potential impacts in the financial, trade, and industrial sectors.
The meeting aimed to analyze the potential effects of the new US administration’s policies on South Korea’s economy and security, and to discuss policy responses. President Yoon emphasized the significant changes anticipated in global economic and security landscapes following the newUS administration’s policy formation. He highlighted the potential impact on South Korea’s economic and security landscape, urging departments to meticulously prepare for these changes.
During my phone call with US President-elect Trump on November 7th,we agreed to meet as soon as possible, Yoon stated, emphasizing the importance of early engagement with the new administration.
This proactive approach signals South Korea’s commitment to maintaining a strong bilateral relationship with the US, despite the anticipated policy shifts. The three-pronged strategy will likely focus on securing South Korea’seconomic interests, navigating potential trade disputes, and ensuring the stability of the Korean Peninsula.
This move underscores the importance of South Korea’s relationship with the US and its commitment to navigating the evolving global landscape. The coming months will be crucial in observing how South Korea implements this strategy and adapts to the new US administration’spolicies.
References:
- Yonhap News Agency. (2024, November 10). 尹锡悦指示启动三大领域会议机制应对美新政府政策. [News article]. Retrieved from https://www.yna.co.kr/view/AKR20241110000000004?input=1195m
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