South Korea Eyes Strategic Sectors in US Trade Talks

South Korea is leveraging its trade discussions with the United States to forge agreements that promise mutual benefits. The emphasis is on strategic sectors, including shipbuilding, chips, batteries, and biotech, according to Kim Yong-beom, policy chief of the president's office, during a Wednesday briefing.

Kim outlined South Korea's targeted approach, which aims to secure cooperation in industries crucial for both nations' economic advancement. Shipbuilding emerges as a traditional stronghold, whereas chips and biotech represent rapidly evolving sectors where both countries have vested interests.

These negotiations come at a pivotal moment when global supply chains are realigning and countries are seeking innovative alliances to bolster economic resilience. By focusing on these key industries, South Korea aims to reinforce its economic ties with the US while addressing future market demands.

(With inputs from agencies.)