South Korean President Yoon Suk Yeol delivers remarks to the U.S.-Korea Business Council at the U.S. Chamber of Commerce in Washington, D.C., U.S., April 25, 2023. REUTERS/Sarah SilbigerWASHINGTON, April 25 - South Korean President Yoon Suk Yeol said on Tuesday the South Korean-U.S. alliance must "leap into a new phase" to jointly overcome complex crises, including slowing economic growth, technology competition with strategic rivals and climate change.
"Competition for technological hegemony, energy issues and climate crises are casting more uncertainties on business activity day by day," Yoon said. Core technologies from the United States and South Korea's advanced manufacturing capabilities would "create enormous synergies that will benefit both countries," he said.