People Power Party Confirms US-Korea Summit as Both Nations' Commitment to Advancing a 'Universal Value Alliance'

[Image source=Yonhap News]

[Asia Economy Reporter Naju-seok] The People Power Party stated on the 21st that it will "actively support the ‘Global Comprehensive Strategic Alliance’" in relation to the joint statement between President Yoon Seok-yeol and U.S. President Joe Biden.

Kim Hyung-dong, spokesperson for the People Power Party’s Central Election Committee, said, "President Yoon and President Biden held a summit today and announced a joint statement," adding, "In the joint statement, South Korea and the United States strengthened and united around shared values of common politics, economy, security, and bonds between the peoples of both countries."

Spokesperson Kim said, "The joint statement can be seen as a resolution by both South Korea and the U.S. to advance the Korea-U.S. alliance from a traditional ‘security alliance’ to a future-oriented ‘economic alliance,’ and further to a ‘universal value alliance’ based on liberal democracy and human rights," and added, "In the ‘security sector,’ the two leaders reaffirmed their shared goal of complete denuclearization of the Korean Peninsula."

Regarding North Korea, he introduced, "(The two leaders) emphasized that the door for dialogue remains open for peaceful and diplomatic resolution with North Korea. In particular, the two leaders expressed serious concern over the human rights situation in North Korea and pledged to cooperate with the international community on humanitarian support for COVID-19 prevention," and reiterated, "They expressed serious concern over the human rights situation in North Korea and pledged to cooperate with the international community on humanitarian support for COVID-19 prevention."

On the economic front, "The Korea-U.S. leaders agreed to strengthen strategic economic and technological partnerships," stating, "They agreed to enhance public-private cooperation in future technologies such as semiconductors, batteries, nuclear power, space development, cyber, and defense industries." Furthermore, "They agreed to cooperate in establishing a safe, sustainable, and resilient global supply chain," and "They decided to establish an ‘Economic Security Dialogue’ between the presidential offices to maintain frequent communication and cooperation."

Regarding universal values, "The Korea-U.S. alliance promised to jointly build the Indo-Pacific regional order beyond the Korean Peninsula. The first step can be seen as participation in the ‘Indo-Pacific Economic Framework (IPEF),’" and "The two countries agreed to cooperate more closely on Russia’s invasion of Ukraine, global health security, and climate change, an existential threat to humanity."

Spokesperson Kim promised, "The People Power Party will fully explain to the public what positive changes this joint statement will bring to their future lives," and "We will actively cooperate with the opposition parties and spare no support at the National Assembly level for the new international order that South Korea and the U.S. will pursue."

This content was produced with the assistance of AI translation services.