Yoon says US-South Korea alliance must 'leap into new phase' to overcome complex crises

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Yoon says US-South Korea alliance must 'leap into new phase' to overcome complex crises
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WASHINGTON: South Korean President Yoon Suk Yeol said on Tuesday (Apr 25) the South Korean-US alliance must 'leap into a new phase' to jointly overcome complex crises, including slowing economic growth, technology competition with strategic rivals and climate change. Speaking a day

WASHINGTON: South Korean President Yoon Suk Yeol said on Tuesday the South Korean-US alliance must"leap into a new phase" to jointly overcome complex crises, including slowing economic growth, technology competition with strategic rivals and climate change., Yoon told an event hosted by the US Chamber of Commerce the bilateral security alliance should"evolve into a supply chain and future-oriented, innovative-technology alliance".

"Competition for technological hegemony, energy issues and climate crises are casting more uncertainties on business activity day by day," Yoon said. "This cooperation should extend beyond semiconductors to future emerging technologies such as AI, Quantum, SMR and more," Yoon said. "Our bilateral investments need to be expanded both quantitatively and qualitatively, to build more stable and resilient supply chains."

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