South Korean and US finance ministers discuss cooperation

Vice Prime Minister, Minister of Strategy and Finance of South Korea Choo Kyung Ho held telephone conversations with an American colleague on September 30 Janet Yellen. This is reported by Yonhap News, citing representatives of the South Korean department.

According to the published data, the parties agreed that, despite the sharp strengthening of the dollar, the South Korean economy will remain resilient to external factors due to the positive situation with foreign exchange liquidity and sufficient foreign exchange reserves, and also announced their readiness for close cooperation in using mechanisms to ensure liquidity if needed.

The parties also agreed to maintain cooperation on the energy crisis and the likelihood of further weakening of the economies of developing countries.

Be the first to read breaking news on Today’s latest news, and live news updates, read the most reliable English news website

Leave a Comment