Biden Meets Yoon in Seoul During South Korea Visit
Published Date: 5/21/2022
Source: Voice of America
▶️U.S. President Joe Biden met South Korean President Yoon Suk Yeol at the People's House inside the Ministry of National Defense, Saturday, May 21, 2022, in Seoul, South Korea. 👉U.S. President Joe Biden is in Seoul, South Korea, the first leg of his six-day trip to South Korea and Japan, meeting the newly inaugurated President Yoon Suk Yeol to highlight the U.S.-South Korea alliance and efforts to engage the region economically. Upon landing at the U.S. Air Force’s Osan Air Base in Pyeongtaek, around 55 kilometers south of Seoul, Friday, Biden began immediately with a tour of the nearby Samsung Pyeongtaek Campus, the largest semiconductor plant in the world. The factory is a model for a $17 billion computer chip facility Samsung is building outside Austin, Texas. In remarks following a tour of the plant showcasing the electronics company's new 3-nanometer chips, Biden called the U.S-South Korea alliance “a lynchpin of peace, stability and prosperity.” He and Yoon vowed to work together to strengthen supply chains of semiconductors and other critical components. There is currently a global shortage of chips – used in various electronic consumer goods and automobiles – aggravated by the pandemic. Washington and Seoul are among each other’s largest trading and investment partners, with more than $62 billion of foreign direct investment by South Korean firms in the United States as of 2020. The two leaders are meeting again Saturday, on a wider range of issues, including North Korea and the Indo-Pacific Economic Framework. The IPEF is the centerpiece of U.S. economic policy in the region since the Trump administration’s 2017 withdrawal from the Trans-Pacific Partnership, the free trade agreement the Obama administration launched in 2016. https://www.voanews.com/a/north-korea-china-loom-large-in-biden-s-visit-in-seoul-/6583360.html » Subscribe to VOA News: https://bit.ly/3KIPysi » Watch more VOA News video: https://www.youtube.com/c/VOANews Voice of America (VOA) is the largest U.S. international broadcaster, providing news and information in more than 40 languages to an estimated weekly audience of 236.8 million people. VOA produces content for digital, television, and radio platforms. It is easily accessed via your mobile phone and on social media. It is also distributed by satellite, cable, FM and MW, and is carried on a network of approximately 3,000 affiliate stations. Since its creation in 1942, Voice of America has been committed to providing comprehensive coverage of the news and telling audiences the truth. Through World War II, the Cold War, the fight against global terrorism, and the struggle for freedom around the globe today, VOA exemplifies the principles of a free press. Connect with VOA News: » VISIT OUR WEBSITE: https://www.voanews.com/ » LIKE OUR FACEBOOK PAGE: https://www.facebook.com/voiceofamerica » FOLLOW US ON INSTAGRAM: https://www.instagram.com/voanews/ » FOLLOW US ON TWITTER: https://twitter.com/VOANews