How is the joint fact sheet release shaping the South Korea-US alliance?
Synopsis
Key Takeaways
- New chapter in US-Korea alliance with joint fact sheet.
- Focus on bilateral security and trade agreements.
- Key priorities include rebuilding industries.
- Significant economic investments from South Korea.
- Commitment to improving visa processes for experts.
Washington, Nov 15 (NationPress) US Deputy Secretary of State Christopher Landau announced that South Korea and the United States have embarked on a "new chapter" in their alliance with the unveiling of a joint fact sheet detailing their security and trade agreements.
On Thursday (Washington time), the two nations published the document summarizing the results of the two summits attended by President Lee Jae Myung and US President Donald Trump. These meetings took place at the White House in August and in Gyeongju, South Korea, last month, just prior to the Asia-Pacific Economic Cooperation summit, as reported by Yonhap news agency.
"Just recently, yesterday, our two countries released a historic joint fact sheet on President Trump's significant state visit to Korea at the end of October, marking the beginning of a new chapter in the US-Korea alliance," Landau stated during a forum co-hosted by the Atlantic Council and the Korea Society.
"I urge everyone to examine that fact sheet closely, as it outlines our mutual priorities for the relationship in the years ahead," he continued.
The senior diplomat highlighted that the priorities encompass rebuilding and expanding vital industries, ensuring foreign exchange market stability, strengthening commercial ties, fostering reciprocal trade, modernizing the bilateral alliance, and advancing the maritime and nuclear partnerships between the two countries.
Landau remarked on the importance of the in-person summits, emphasizing that Trump has developed a "great" rapport with Lee.
He also pointed out that during Trump's state visit to Korea last month, he secured "billions of dollars for the American economy" through "landmark" deals.
"These initiatives recognize Korea as one of the foremost investors in the United States, supporting American jobs, boosting energy exports, promoting trusted technology, and reinforcing our maritime partnership," he noted.
Highlighting the Trump administration's commitment to revitalizing American manufacturing, Landau stated that South Korea is "absolutely vital to this effort."
"We require Korea's investments in crucial sectors, such as shipbuilding, energy, semiconductors, pharmaceuticals, critical minerals, and AI Quantum," he emphasized.
"Additionally, we need Korea's assistance in operationalizing those investments, including sending experts on temporary visas to train our skilled American workforce in managing these precision manufacturing facilities," he added.
Landau referred to the immigration crackdown on Korean workers at a Korean battery factory construction site in Georgia last September as a "regrettable incident," while discussing his visit to Seoul in the same month, where he pledged to reform the US visa system to prevent a recurrence of such incidents.
"President Trump has made it abundantly clear. He welcomes Koreans to our country to train American workers in these high-precision roles," he stated. "You cannot expect countries to make significant investments in our economy and not allow them to send personnel to implement those investments and make them a reality."
He highlighted that significant progress has been made in preventing a repeat of the September incident by establishing a special desk at the US Embassy in Seoul and working on creating a visa category that allows individuals to come and train American workers in accordance with US immigration laws.