Seoul: South Korea will continue to pursue close supply chain cooperation with the United States regardless of the outcome of the upcoming U.S. presidential election, the trade minister said Tuesday. Trade Minister Cheong In-kyo made the statement during a meeting with experts to prepare for the outcome of the U.S. election, slated for Nov. 5 (U.S. time), according to the Ministry of Trade, Industry and Energy.
According to Yonhap News Agency, Cheong emphasized that “regardless of the election outcome, South Korea will work to strengthen ties with Washington in areas such as cutting-edge industries and supply chains, leveraging the existing channels of cooperation.” Highlighting the strategic importance of the U.S., he asserted that the trade authorities are committed to assisting South Korean companies in easing uncertainties and overcoming challenges in their operations.
During the meeting, Heo Yoon, a professor at Seoul’s Sogang University, noted that regardless of the result, the U.S. is expected to con
tinue prioritizing its national interests. He underscored the importance of coordination between the government and the private sector in navigating the potential shifts in the international trade landscape.
The Ministry of Trade, Industry and Energy stated that the government will maintain close communication with businesses to prepare for uncertainties in the trade sector as “one team” following the election. This initiative aims to ensure that the country remains resilient and well-positioned to adapt to any changes that may arise post-election.