Despite the Cancellation of the 2+2 Meeting… Korea and the U.S. Proceed with Trade Minister Negotiations

JOON HYOUNG LEE

Summary

  • Kim Jeong-gwan, Minister of Trade, Industry, and Energy, announced that trade negotiations with Howard Lutnick, U.S. Secretary of Commerce, will proceed as planned.
  • Secretary Lutnick said that the Korean side will visit the U.S. Department of Commerce in connection with the trade negotiations.
  • The Korea-U.S. 2+2 ministerial meeting was postponed due to a scheduling issue for Scott Besant, U.S. Secretary of the Treasury.
Howard Lutnick, U.S. Secretary of Commerce
Howard Lutnick, U.S. Secretary of Commerce

Kim Jeong-gwan, Minister of Trade, Industry, and Energy, will proceed as planned with trade negotiations with Howard Lutnick, U.S. Secretary of Commerce.

Secretary Lutnick stated in a CNBC interview on the 24th (local time), "Korean officials will visit my office today regarding trade negotiations." A government official also said, "Minister Kim and Yeo Han-gu, Deputy Minister for Trade Negotiations at the Ministry of Trade, Industry, and Energy, are scheduled to meet with Secretary Lutnick at the Department of Commerce in Washington, D.C. on this day."

Meanwhile, the Korea-U.S. 2+2 ministerial meeting in the economic and trade sector, also scheduled for the 24th, was postponed due to a scheduling issue for Scott Besant, U.S. Secretary of the Treasury.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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