South Korea and U.S. Finance Ministers Reaffirm Commitment to Economic Cooperation
South Korea's finance minister Lee Hyoung-il and U.S. Treasury Secretary Scott Bessent held a video call, confirming the importance of bilateral economic and financial cooperation.
In a video conference, Lee Hyoung-il met with Scott Bessent for the first time since taking office. Bessent congratulated Lee on his appointment and highlighted the need for close economic ties. Lee expressed gratitude and underscored the desire for ongoing communication. Both officials discussed shared policy priorities and ways to deepen cooperation.
Why it matters
It signals continued coordination between two major economies on financial and economic policy.
In this story
south koreaunited statesfinance ministerseconomic cooperationvideo conferencelee hyoung-ilscott bessentbilateral tieseconomic policyfinancial affairs
