Yoon: "Expanded ROK-US Alliance Must Become a Platform of Opportunities for Future Generations"

First Chief Secretary Meeting Presided by the President After Visiting the US
Alliance Expansion in All Areas Including Industry, Science, Education, and Culture

President Yoon Suk-yeol on the 1st instructed to "concretize follow-up measures so that it becomes a platform of opportunity for the youth and future generations" regarding the results of the Korea-US summit, which agreed on strengthening extended deterrence and expanding cooperation in various fields.

At the senior secretaries meeting held after his state visit to the United States on the same day, President Yoon said, "This Korea-US summit is significant in that it expanded the alliance in all aspects including security, industry, science and technology, education, and culture," according to a written briefing by Kim Eun-hye, the chief public relations secretary.

President Yoon completed his 5-night, 7-day state visit to the United States starting from the 24th and returned home on the 30th of last month. The two heads of state adopted the 'Washington Declaration' as a separate document to activate a new extended deterrence system. In particular, they formalized the establishment of the 'Nuclear Consultative Group (NCG)' to specifically operate the new extended deterrence system between the two countries.

[Image source=Yonhap News]

In the economic sector as well, the two leaders expressed great expectations for synergy through cooperation. Regarding sensitive issues such as the Inflation Reduction Act (IRA) and the CHIPS and Science Act (CSA), the governments of both countries agreed to continue dialogue and consultations. As the first schedule of his state visit to the US, President Yoon met with the CEO of Netflix and secured an investment of 2.5 billion dollars (approximately 3.3 trillion won). Within just two days, by the 25th, he succeeded in attracting a total investment of 5.9 billion dollars (approximately 7.9 trillion won).

The two countries agreed to actively utilize student, researcher, and industry exchange programs to nurture talents who will lead the future of next-generation and emerging technologies. Additionally, under the 'Kor-US Educational Exchange Initiative for Youth in STEM,' which encompasses human cooperation and exchange for future generations, both countries will invest a total of 60 million dollars (approximately 80 billion won) to facilitate exchanges among 2,023 young people in STEM and humanities and social sciences fields from each country.

The joint address to the US Congress by a Korean president for the first time in 10 years since former President Park Geun-hye in 2013, and the first speech by a sitting Korean president at Harvard University, also left a significant mark during this state visit to the US.

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