evolve further by not just with words but with actions we should seriously strive to deliver real benefits that can impact the peoples of our two countries. president biden and i in the field of semiconductors, batteries for civil nuclear power space, the development of cyber space and other emerging industries agree to step up practical cooperation for market shocks stemming from shifting international order will also be actively addressed through our collective response and as a first step from the offices of the president, we launch an economic security dialog so that in supply chains, advanced science and technology and other areas of economic security, our two countries can have timely communication and cooperation
denuclearization in return for that covid aid that they are offering from south korea. of course there s been some discussion about how weak the possibilities for diplomacy are on that front, although there was an expression from both presidents for hope toward denuclearization through diplomacy. president biden acknowledged also that a meeting with kim jong un would depend on whether the north korean leader is being sincere and is being serious. the statement between these two presidents acknowledged just how much security concerns and the economies of these countries are intertwined. this was not billed as a security trip. this was billed as a way to deepen economic ties between the two countries. but we heard a lot of discussion about security and how these two realms are really intertwined in this modern age. we ve also agreed to strengthen and diversify supply chains coming out of the pandemic. we hope to hear more from both presidents soon as president biden will begin his trip t
time. it s never a good bet to bet against the united states of america. we re a nation that is all about one thing possibility, endless possibilities and that optimism is a commitment and commitment and innovation are breaking barriers is something that koreans and americans share. yesterday the president i visited a factory where korean american innovation are working in tandem to produce the most advanced semiconductors in the world and i welcome the billions of dollars of investment the korean companies like samsung are making in the united states investments that bring our two countries even closer together, cooperating more closely we already do and help strengthen our supply chains, secure them against shocks and give our economies a competitive edge. today, president, you and i discussed a broad range of issues as he s mentioned today
an orderly and well functioning foreign exchange market is crucial to sustainable growth and financial stability. to that end, president biden and i decided to engage in even closer consultation for advanced reactors and small modular reactors, development and export promotion, power to a country s civil nuclear industry committed to work together. moreover, our two nations with regard to the defense industry now emerging as a future growth engine concurred to initiate discussions on a reciprocal defense procurement agreement that can be likened to an fta in the defense sector. korea, amid the ravages of war achieved a remarkable growth with the help of the united states and the wider international community, the world recognizes us as an
i mean, he s probably the worst of them all. you know, i think he is the owner alibaba and is prettyp much working for the ccp and ir mean, i did hear a a lot of stories about him and how much loves to do social justice work with only america. it s the news alert. i m jackie is live in new york. president biden and his south korean counterpart meeting this morning. the two addressing the media now from seoul. that s where fox news white house correspondent jackie heinrich is standing by . jackie. hey there, jackie. that s right. the purpose of the president s trip and this press conference is to deepen economic ties with u.s. allies in the indo-pacific with the purpose of counterbalancing and containing the threat from china, also aggression from north korea. we ve been told that the us braced for the potential of a nuclear or ballistic test from north korea while the president is here with some experts have said is a message from china. it comes as both sides from