Seoul: Acting President Choi Sang-mok on Monday emphasized the necessity for close communication and cooperation with the incoming U.S. administration by mobilizing all available resources. Choi made these remarks while leading a meeting with ministers of economy, diplomacy, and industry to assess the government's readiness ahead of the launch of the second Donald Trump administration later in the month.
According to Yonhap News Agency, Choi stated, "We will fully utilize all available resources to engage in close communication and consultations immediately after the new U.S. administration takes office." He further highlighted the potential for increased uncertainties, expressing concerns about possible deficiencies in the country's response strategies during this critical transitional period.
Choi reassured that as uncertainties diminish, there would be an improvement in the economy, and committed to managing the economy in a stable manner. The meeting, initiated under Choi's leadership, aims to develop systematic strategies for South Korea's export-driven economy in response to potential risks from protectionist trade policies under the new U.S. administration.
The finance ministry noted that Choi will personally oversee the meeting, which is scheduled to convene regularly every Monday.