By Tune Sang-ho
WASHINGTON, Sept. 18 (Yonhap) — The highest diplomats of South Korea and the US agreed to work collectively for “good” outcomes from bilateral talks on the Asian nation’s funding initiatives within the U.S. throughout their assembly in Washington on Friday, the international ministry stated.
International Minister Cho Hyun and U.S. Secretary of State Marco Rubio met on the State Division as the 2 international locations have been in talks over the funding initiatives as a part of efforts to implement final yr’s bilateral commerce deal below which Seoul dedicated to investing US$350 billion within the U.S.
Seoul and Washington have been initially anticipated to announce Korea’s first funding venture on Friday (Korea time). However the announcement has reportedly been postponed till subsequent week after a associated briefing to the Nationwide Meeting was delayed.
“The minister and secretary agreed to make joint efforts to make sure that ongoing consultations associated to strategic funding initiatives within the U.S. will yield good outcomes, and to proceed communication for the devoted implementation of each leaders’ key agreements, together with the Joint Reality Sheet (JFS),” the ministry stated.
The ministry was referring to the very fact sheet that Seoul and Washington launched in November to stipulate safety, commerce and different agreements from final yr’s summits between South Korean President Lee Jae Myung and U.S. President Donald Trump.
In the course of the talks, Cho defined to Rubio Seoul’s will to contribute “substantively” to the efforts to revive freedom of navigation by the Strait of Hormuz, and known as on the secretary to proceed shut communication on the matter.
The 2 sides additionally reaffirmed their “stable” dedication to the bilateral alliance, and agreed to proceed efforts to realize the denuclearization of the Korean Peninsula and peace and stability on the peninsula by dialogue and diplomacy, based on the ministry.
South Korean International Minister Cho Hyun (L) shakes arms with U.S. Secretary of State Marco Rubio earlier than their talks on the State Division in Washington on Sept. 18, 2026 on this photograph launched by the international ministry. (PHOTO NOT FOR SALE) (Yonhap)
sshluck@yna.co.kr
(END)
