Saturday, February 24, 2024

US official to strengthen travel cooperation with Vietnam, Philippines and South Korea

The US Under Secretary for Economic Growth, Energy, and Environment, José W. Fernández, will embark on a trip to Vietnam, the Philippines, and the Republic of Korea from January 22 to February 1, to consolidate economic cooperation with allies and important partners in the Indo-Pacific region.

During his stay in Vietnam, Undersecretary Fernández will focus his efforts on increasing trade opportunities, developing clean energy, strengthening cooperation in semiconductors and the supply chain, as well as promoting economic cooperation, especially after President Biden visits Vietnam. September 2023, resulting in the relationship being upgraded to a Comprehensive Strategic Partnership.

In the Philippines, the Undersecretary is expected to respond to the development of the country’s economic stability through supply chain diversification. In addition, he will emphasize the commitment of the United States to strengthen the strong economic partnership between the two countries and highlight the opportunities for American investment in the critical mineral sector. .

The Indonesia-Vietnam bilateral meeting discussed strengthening the partnership between the two countries

In the Republic of Korea, Undersecretary Fernandez is the co-chair of the 8th US-ROK Senior Economic Dialogue, which promotes strong bilateral trade and investment relations and continued collaboration in key areas such as critical minerals, semiconductors, and energy security.

During his meetings with government, business, and civil society leaders in these three countries, Undersecretary Fernández will promote public-private partnerships, promote investment opportunities, and emphasize the importance of close cooperation in areas of common interest. These include strengthening the economy, energy, health, climate, and food security

World Nation News Desk
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