尹대통령, IPEF 참여 확정…24일 출범선언 정상회의에 화상 참석

President Biden's trip to Asia will see the launch of a new U.S.-led economic pact, known as the Indo-Pacific Economic Framework.
South Korea is set to formally announce its intention to join during this weekend's summit.
Min Suk-hyen provides a glimpse of what to expect.
South Korea has decided to join the U.S.-led Indo-Pacific Economic Framework, which will be launched during President Biden's upcoming visit to Japan.
According to South Korea's presidential office on Wednesday, President Yoon Suk-yeol will virtually attend next Tuesday's launching event.
Upon taking office, Yoon has shown strong support and willingness to take part in the economic framework that seeks to build strong ties and supply chains in the Asia-Pacific region.
It's likely that Yoon will formally announce South Korea's participation during his first summit with President Biden this Saturday.

U.S. President Joe Biden is scheduled to visit Seoul from May 20th to the 22nd…followed by a trip to Tokyo until the 24th.
Japanese Prime Minister Fumio Kishida is expected to announce Tokyo's participation in the IPEF...while meeting Biden next Monday.
The two are also expected to discuss ways to strengthen cooperation to ensure stability in the Taiwan Strait as well as share their concerns over the Ukraine crisis.

Biden's visit to Asia this week is expected to coincide with the formal launch of the IPEF.
U.S. Secretary of Commerce Gina Raimondo said on Tuesday that Biden will formally announce the launch of the economic pact during his trip to Japan.
She said that Washington was extremely enthusiastic about the initiative… and pointed out that there's significant demand from countries in the Indo-Pacific region…that want the U.S. to be "more present" and to have an "affirmative economic strategy."
The IPEF is aimed at strengthening cooperation between the U.S. and its partners in the region… on issues, such as trade, clean energy and supply chain networks.
The framework is widely viewed as being part of Washington's efforts to counter China's growing influence in the Asia-Pacific region.
To be launched next week, the new U.S.-led economic pact is set to be joined by South Korea, Japan, Australia and New Zealand…and potentially by several other members of the Association of Southeast Asian Nations.
Min Suk-hyen, Arirang News.

#SouthKorea #IPEF #Economic

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2022-05-18, 22:00 (KST)

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