South Korea seeks removal from US 'sensitive' countries list

zeenews.india.com

South Korea's Industry Minister Ahn Duk-geun announced plans to seek removal from the U.S. Department of Energy's list of "sensitive" countries. This announcement comes during Ahn's two-day trip to Washington, where he will meet with U.S. officials. Ahn expressed concerns that being on this list could hinder technological cooperation and local industries. He aims to discuss these issues with U.S. Secretary of Energy Chris Wright and Secretary of Commerce Howard Lutnick. During his meetings, Ahn will also talk about strengthening energy cooperation, including projects related to nuclear power and gas. He mentioned exploring alternatives to avoid negative impacts on South Korean industries. Next week, Ahn plans to meet with Alaska's Governor Mike Dunleavy to discuss a gas pipeline project and potential involvement from South Korean companies. Ahn acknowledged the challenges posed by U.S. tariffs but remains hopeful about securing an exemption. Additionally, Ahn noted ongoing discussions with U.S. trade officials about various non-tariff barriers that could affect trade. He emphasized the importance of building credibility with the U.S. to create a supportive environment for local industries amid policy changes.


With a significance score of 2.3, this news ranks in the top 40% of today's 15932 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.


loading...