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

Alliance Expansion in All Areas Including Industry, Science, Education, and Culture
Presidential Office Official: "Opportunities for Youth if Exchanges Activate"
Prime Minister's Weekly Meeting Canceled... "Received Many Reports"

President Yoon Suk-yeol on the 1st instructed to "concretize follow-up measures so that it becomes a platform of opportunity for the younger future generation" 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 that 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.

In this regard, a key official from the presidential office explained to reporters at the Yongsan Presidential Office building in the afternoon, "There were agreements in fields such as science and technology through the Korea-US summit," adding, "While security is very important for our future generation, if exchanges between industries and companies are activated, opportunities such as visas can open up for our youth in various aspects."

He continued, "Especially, we held a meeting with Netflix and several film companies this time, and if cultural cooperation between Korea and the US increases, there could be many opportunities for our younger generation, so please understand that this part was emphasized," he added.

[Image source=Yonhap News]

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 operate 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.

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 (about 3.3 trillion won). Within two days, by the 25th, he succeeded in attracting a total investment of 5.9 billion dollars (about 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. They also agreed to invest a total of 60 million dollars (about 80 billion won) for exchanges between 2,023 young people in STEM and humanities/social sciences fields from each country through the 'Kor-US Educational Exchange Initiative for Youth in STEM,' which encompasses human cooperation and exchanges for future generations.

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 at Harvard University by a sitting Korean president, also left great significance during this state visit to the US.

Meanwhile, President Yoon canceled his weekly meeting with Prime Minister Han Duck-soo on the same day. Since his inauguration, President Yoon has regularly held weekly meetings with the prime minister every Monday unless there were external events or overseas visits.

When asked about the reason for canceling the weekly meeting, the official said, "President Yoon returned yesterday and held a senior secretaries' meeting early this morning. There were many reports delayed for a week. After the secretariat's report, the National Security Office's report also took a lot of time," adding, "He asked Prime Minister Han early in the morning for understanding to receive the secretariat and security office reports first, and Prime Minister Han readily agreed."

[Image source=Yonhap News]

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