Biden in Seoul to Reaffirm a Key Alliance, Opens Trip at
Updated: 2022-05-20 17:09:25 KST
U.S. President Joe Biden landed in South Korea for his first trip to Asia as president roughly 90 minutes ago and he's kicked off his three-day official visit in Seoul at one of the largest semiconductor factories in the world along with South Korean President Yoon Suk-yeol.
Arirang News' Editor-in-Chief Moon Connyoung is live on site.
Samsung Electronics Pyeongtaek Campus
Hi Mokyeon, right behind me is Samsung Electronics Semiconductor Complex in Pyeongtaek - Pyeongtaek is a city about 70 kilometers south of Seoul.
It is here at a complex that houses some of the biggest chip production lines in the world that U.S. President Joe Biden opens his trip to South Korea - in fact, his very first trip to the Indo-Pacific as president.
It's also here that South Korea's newly-elected President Yoon Suk-yeol and President Biden are meeting for the very first time. This is the fastest South Korea-U.S. summit ever held coming just 11 days since Yoon's inauguration.
They both arrived here at the Samsung facility about 40 minutes ago - President Yoon from the top office in Seoul and U.S. President Biden straight from the Osan Air Base where his Air Force One was wheels down less than two hours ago.
Samsung Electronics' Vice Chairman Lee Jae-yong is giving a tour to the two leaders, as we speak.
This complex of Samsung's will serve as a model for a 17 billion dollar semiconductor factory that the Korean electronics giant is building outside of Austin, Texas.
The fact that Mr. Biden chose here as his first stop of the South Korea tour AND the fact that President Yoon is here with him underscores the emphasis the allies have placed on strengthening their economic security alliance - in other words, promoting cooperation in trade, supply chain resiliency, and technology.
We are, actually, just moments away from the two presidents' open remarks from the Samsung Pyeongtaek Campus here.
South Korean President Yoon will likely emphasize strengthening economic security alliance by beefing up cooperation in semiconductors and work together for global supply chain resiliency and stretching to technology alliance while President Biden will make the case that such cooperation will deliver historic federal investments in U.S. R&D and supply chains.
Economic security, though, is just one of a series of items the two leaders will be discussing not only at the summit table, but throughout President Biden's three-stay stay here.
Both the presidential office here in Seoul and the White House have said the two leaders will meet with three key agenda, in mind.
Beefing up economic security alliance is one which will also be highlighted tomorrow when Yoon uses their bilateral to declare South Korea's participaton in the Indo-Pacific Economic Framework, or IPEF.
This will certainly not sit well with China - South Korea's largest trading partner so, we'll have to wait and see how the two countries and really, the leadership here in Seoul can manage the relationship with Beijing.
Both Commanders-in-Chief will see South Korean and U.S. troops standing shoulder-to-shoulder in defense of their collective security, and consult one another on the challenge posed by North Korea's nuclear and missile programs - that will come in the form of their joint visit to a key Air Force operations center south of Seoul during Mr. Biden's stay here.
Our Editor-in-Chief Moon Connyoung live from Samsung Electronics Pyeongtaek Campus. Thank you.