Koo Yun-cheol, Deputy Prime Minister and Minister of the Ministry of Economy and Finance, said on the 13th that it is necessary to reach a quick conclusion to the tariff talks with the United States and that he is coordinating a meeting schedule with U.S. Treasury Secretary Scott Bessent.

Deputy Prime Minister Koo said at the National Assembly's Strategy and Finance Committee audit held at the National Assembly on the morning of the same day, "We will do our utmost to ensure a final agreement that prioritizes the national interest and is based on pragmatism," adding the above.

Koo Yun-cheol, Deputy Prime Minister and Minister of the Ministry of Economy and Finance, answers a question from People Power Party lawmaker Choi Eun-seok at the Strategy and Finance Committee's parliamentary audit held at the National Assembly on the 13th. /Courtesy of Yonhap News

He explained that he has requested a meeting with the Minister Bessent for the 15th, saying, "I will make sure to meet." In response to a question asking whether Korea can afford "to pay $350 billion in U.S. investment in cash," Deputy Prime Minister Koo said, "It would be difficult to afford."

He also explained, "I sufficiently persuaded the Minister Bessent last time about our foreign exchange situation," adding, "I received a reply from Minister Bessent that he understands our foreign exchange market conditions and will discuss the matter internally."

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