Deputy Prime Minister Lee Hyeongil Meets U.S. Ambassador to Korea Michelle Park Steele... "Expect Her to Be a Strong Bridge for Economic Cooperation Between the Two Countries"

First Meeting at Government Complex Seoul
In-Depth Discussions on Strategic Investment and Trade Issues

Deputy Prime Minister and Minister of Finance and Economy Lee Hyeongil met with newly appointed U.S. Ambassador to Korea Michelle Park Steele to discuss ways to advance economic cooperation between the two countries. He emphasized the importance of the new ambassador, who has a deep understanding of both countries, serving as an active bridge between them and as a key link in the Korea-U.S. alliance as it expands beyond security into advanced industries and supply chains.

Lee Hyungil, Deputy Prime Minister and Minister of Finance and Economy (left), meets with U.S. Ambassador to Korea Michelle Park Steel. Ministry of Finance and Economy.

According to the Ministry of Finance and Economy, Lee met with Ambassador Steele at the Government Complex Seoul on the morning of November 2 and exchanged views on key issues in Korea-U.S. economic cooperation. The meeting was arranged to congratulate Steele on her arrival in Korea and reaffirm the countries' strong economic alliance. Lee said that the Korea-U.S. alliance, which has developed over more than 70 years, is now deepening beyond traditional security to encompass the broader economy, including advanced industries, energy and supply chains.

Lee highlighted the significance of Ambassador Steele, who was born in Seoul and has a deep understanding of both Korea and the United States, saying, "I hope you will serve as a strong bridge for economic cooperation between our two countries." The two sides held in-depth discussions focused on key issues, including Korea-U.S. strategic investment and trade. Lee stressed that close communication between the two countries is essential to policy coordination and repeatedly urged the U.S. Embassy in Korea to play an active role going forward.

At the meeting, the two sides also agreed that they need to broaden the scope of economic cooperation further to continue strengthening the Korea-U.S. alliance.

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