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Let's analyze the contents of the summit, starting with the economic field.

President Yun Seok-yeol has officially announced his participation in the US-led economic cooperation organization IPEF.

He suggested semiconductors, batteries, and nuclear power as specific cooperative industries.



Next is reporter Kim Ki-tae.



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At a joint press conference announced after the summit, President Yoon Seok-yeol said, "This is an era in which the economy is security, and security is the economy."



[President Seok-Yeol Yoon: I and President Biden agreed to strengthen practical cooperation in new industrial fields such as semiconductors, batteries, nuclear power, space development, and cyber.]



Strengthen cooperation by establishing an 'Economic and Security Dialogue' between the presidential offices of the two countries He added that the two countries agreed to make efforts for the development and export of new reactors and small module reactor SMRs.



President Yoon also revealed the concept of a 'global backbone' that goes beyond the Korean Peninsula, and formalized participation in the Indo-Pacific Economic Framework, the IPEF, a new economic cooperation body that is designed to contain China, led by the United States.



[President Seok-Yeol Yoon: The ROK and the United States will work together to establish an order in the Intai region based on norms.

The first step is participation in the Intae Economic Framework.]



US President Biden responded, "Cooperation between Korea and the United States is important for strategic development."





[Joe Biden/President of the United States: We will also promote safety in the Taiwan Strait and strive for freedom of navigation in the South China Sea, etc.]



Kim Seong-han, Director of the National Security Office, said, "It is an extension of what was included in the Korea-US summit in May last year." “The safety issue in the Taiwan Strait is also directly related to our national interest,” he said.



President Yoon plans to attend the IPEF inauguration summit meeting via video to be held in Japan on the 24th.



(Video coverage: Joo Beom and Lee Yong-han, Video editing: Lee Seung-jin)