President Joe Biden tended to both business and security interests Sunday as he wrapped up a three-day visit to South Korea, showcasing Hyundai’s pledge to invest at least $10 billion in electric vehicles and related technologies in the United States.
“You are the front line, right here in this room,” the president said in a command center with maps of the Korean Peninsula projected across screens on a wall.
Asked if he had a message for the country's leader, Kim Jong Un, Biden offered a clipped response: “Hello. Period.”Biden's first appearance of the day was alongside Hyundai chairman Eusiun Chung to highlight the company's expanded investment in the United States, including $5.5 billion for an electric vehicle and battery factory in Georgia.“Electric vehicles are good for our climate goals, but they’re also good for jobs,” Biden said. “And they’re good for business.
Biden has made greater economic cooperation with South Korea a priority, saying on Saturday that “it will bring our two countries even closer together, cooperating even more closely than we already do, and help strengthen our supply chains, secure them against shocks and give our economies a competitive edge.”The pandemic and Russia's invasion of Ukraine in February has forced a deeper rethinking of national security and economic alliances.
Biden passed on visiting the demilitarized zone on the North and South’s border, a regular stop for U.S. presidents when visiting Seoul. Biden had visited the DMZ as vice president and was more interested in seeing Osan Air Base, said White House national security adviser Jake Sullivan. Yoon campaigned on a promise to strengthen the U.S.-South Korea relationship. He reiterated at a dinner on Saturday in Biden's honor that it was his goal to move the relationship “beyond security” issues with North Korea, which have long dominated the relationship.During the Japan leg of Biden's trip, he will meet with Prime Minister Fumio Kishida on Monday and lay out his vision for negotiating a new trade agreement, the Indo-Pacific Economic Framework.
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President Biden pushes economic, security aims as he ends South Korea visitPresident Joe Biden tended to both business and security interests Sunday as he wrapped up a three-day trip to South Korea, first showcasing Hyundai's pledge to invest at least $10 billion in the United States and later mingling with troops at a nearby military base.
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President Biden pushes economic, security aims as he ends South Korea visitPresident Joe Biden tended to both business and security interests Sunday as he wrapped up a three-day trip to South Korea, first showcasing Hyundai's pledge to invest at least $10 billion in the United States and later mingling with troops at a nearby military base.
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President Biden pushes economic, security aims as he ends South Korea visitPresident Joe Biden tended to both business and security interests Sunday as he wrapped up a three-day trip to South Korea, first showcasing Hyundai's pledge to invest at least $10 billion in the United States and later mingling with troops at a nearby military base.
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President Biden pushes economic, security aims as he ends South Korea visitPresident Joe Biden tended to both business and security interests Sunday as he wrapped up a three-day trip to South Korea, first showcasing Hyundai's pledge to invest at least $10 billion in the United States and later mingling with troops at a nearby military base.
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Biden Pushes for Economic, Security Aims as He Ends South Korea VisitA central theme for the trip is to tighten U.S. alliances in the Pacific to counter China’s influence in the region.
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