The first Biden-Yoon Summit discusses North Korea, supply chain, and security

Biden’s first trip to Asia aims to counter China’s influence and strengthen US leadership in the Indo-Pacific.

President Joe Biden landed in South Korea on Friday on his first trip to Asia since taking office. The five-day itinerary that takes him to Japan aims to strengthen the Indo-Pacific alliance to counter the influence of China.

After landing in Seoul, Biden first visited Samsung’s chip complex in Pyeongtaek and was guided by Samsung Electronics Vice Chairman Lee Jae-yong with South Korea’s new president Yun Seok-yul.

Samsung Electronics Pyeongtaek Campus is one of the largest semiconductor factories in the world and accounts for about 15% of the world’s memory chip production. The Korea Times..

During the tour, Biden “shared values” with South Korea in the midst of the war between Russia and Ukraine and the growing influence of China, which destabilizes the world’s supply chain and poses a serious threat to economic and national security. He emphasized it as a “reliable and reliable partner”.

“The visit to Biden’s Pyeongtaek campus reveals the importance of semiconductors in economics and national security,” said Yun, sharing Biden’s views. [and recalls] The meaning of the Korea-US Global Comprehensive Alliance through Semiconductors, “the Korea Times reported.

On May 21, local time, Yun and Biden held their first summit meeting at the New Cheong Wa Dae in the center of Longshan, Seoul. The two leaders reportedly discussed various security and economic challenges facing allies and regions, such as North Korea’s nuclear program and supply chain risks. Yonhap News Agency report.

by Joint statement Published after the summit, the two leaders will work closely together through the Indo-Pacific Economic Framework (IPEF) to promote a digital economy, a resilient supply chain, clean energy, and other priorities for promoting a sustainable economy. We promised to deepen our financial involvement in our priorities, including. growth.

February 11th White House Briefing Introduced The Indo-Pacific Economic Framework (IPEF) outlines the United States’ key priorities for working with allies and partners to compete more effectively with China in technology competition.

This strategy addresses China’s much more proactive and proactive action in the Indo-Pacific region and the importance of establishing a high-tech supply chain without China.

Biden and Yun also agreed to discuss the expansion of joint military exercises between the two countries as the threat of nuclear and missiles from North Korea increases.

“The two leaders agree to begin discussions to expand the scope and scale of joint military exercises and training in and around the Korean Peninsula,” the joint statement said.

Kim Tae-hye, the first deputy director of the National Security Agency, said earlier this week that the first thing both sides would do at the summit was to come up with an “action plan” on how South Korea and the United States would behave. I told reporters. The nation will “strengthen credible and effective extended deterrence.” Yonhap News report.

Extended Deterrence Strategy and Consultation Group (EDSCG) was Established To strengthen discussions on various measures for long-term deterrence against North Korea by the Trump and Moon Jae-in administrations in 2016. However, since both the United States and South Korea have worked to hold a summit meeting with North Korea, that meeting has not been held since 2018.

According to the joint statement, “Biden [reaffirmed] U.S. deterrence [South Korea] Uses the full range of US defense capabilities, including nuclear, usually missile defense capabilities. “



Lisabian is a Korean-based writer of The Epoch Times, focusing on Korean society, its culture and international affairs.