Yoon Suk-yeol, Joe Biden set to hold first summit on N.Korea, economy

SEOUL: South Korean President Yoon Suk-yeol and his visiting American counterpart Joe Biden will meet in Seoul on Saturday to discuss a range of issues, including North Korea's nuclear programme and supply chain risks.

Biden landed in Korea on Friday for his first visit as President and only 10 days after Yoon took office. Biden paid his first visit to a Samsung semiconductor plant in Pyeongtaek, 70 kilometres south of Seoul, on Friday. He was accompanied by Yoon, and Samsung Electronics Vice Chairman Lee Jae-yong gave them a personal tour of the enormous campus. The visit demonstrated the two countries' commitment to working together to enhance supply chains in the aftermath of the outbreak.

Yoon informed Biden that the plant is "the site of the industrial and technology relationship between South Korea and the United States, a presidential official told reporters Saturday. The semiconductors are at the heart of the bilateral partnership, and innovative industries are only achievable thanks to a free environment and creativity, and unattainable without a liberal democratic system, the official said.

Biden's second day in Seoul will feature a visit to the Seoul National Cemetery to pay respects to fallen soldiers, a meeting with Yoon at the new presidential office in Yongsan's core neighbourhood, and a joint press conference.

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