Tuesday, 02 January 2024 12:17 GMT

US-South Korea Talks Open in Seoul to Advance Nuclear, Trade Deals


(MENAFN) South Korea and the United States launched formal working-level negotiations in Seoul on Tuesday, kicking off the first structured talks aimed at translating landmark security and economic commitments — struck during last year's summit between President Lee Jae-myung and US counterpart President Donald Trump — into concrete policy.

The discussions represent the opening round of implementation talks tied to a joint fact sheet adopted by the two allies at the summit, covering an ambitious and strategically sensitive agenda.

At the forefront of Seoul's priorities are its bid to develop nuclear-powered submarines, secure the right to enrich uranium and reprocess spent nuclear fuel for civilian purposes, and deepen bilateral shipbuilding cooperation — agenda items that analysts regard as among the most consequential in the US-South Korea alliance in years.

The negotiations also encompass Seoul's commitment to funnel $350 billion in investments into the US economy — a pledge directly tied to securing reduced American tariff rates on Korean exports.

Senior officials from both governments are leading the delegations, with the talks expected to establish a concrete framework and timeline for future binding agreements.

Analysts are watching closely, viewing the negotiations as a critical litmus test of whether the two allies can convert high-level summit rhetoric into deliverable outcomes after months of stalled momentum.

Setting the tone ahead of the opening session, US Under Secretary of State for Political Affairs Allison Hooker took to X to signal Washington's intent, writing that the US looks forward to "further deepening and modernizing our cooperation" with South Korea and expects "continued progress across bilateral relationships in the years to come."

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