Today, Secretary Gina M. Raimondo held a call with Minister of Trade, Industry, and Energy of the Republic of Korea Moon Sung Wook to discuss the development of President Biden’s Indo-Pacific economic framework as well as U.S.-South Korea commercial engagement on semiconductors and supply chain resilience.

During the call, Secretary Raimondo noted that the U.S. shares South Korea’s goal of developing an economic framework that is both inclusive and focused on strengthening the economic competitiveness of like-minded partners across the region. They also discussed the outcomes and progress stemming from the first U.S.-Korea Semiconductor Partnership Dialogue held on Dec. 8 between Commerce’s International Trade Administration and the South Korea’s Ministry of Trade, Industry, and Energy.