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Reading: Yellen discusses South Korean political disaster with nation’s finance minister By Reuters
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Yellen discusses South Korean political disaster with nation’s finance minister By Reuters
The Tycoon Herald > Business > Yellen discusses South Korean political disaster with nation’s finance minister By Reuters
Business

Yellen discusses South Korean political disaster with nation’s finance minister By Reuters

Tycoon Herald
By Tycoon Herald 1 Min Read Published December 11, 2024
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By Kanishka Singh

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen spoke to South Korean Finance Minister Choi Sang-mok on Tuesday and mentioned South Korea’s political turmoil following President Yoon Suk Yeol’s try final week to impose martial regulation.

Yellen discusses South Korean political disaster with nation’s finance minister By Reuters

Yellen “expressed appreciation for the close communication between the Korean Ministry of Economy and Finance and the U.S. Treasury Department following recent events in the Republic of Korea,” the U.S. Treasury Division stated in a press release.

“Yellen also reaffirmed the strong ties between our two countries built upon shared democratic values and expressed her hope for continued bilateral cooperation,” the Treasury Division stated after her digital assembly with Choi, wherein she additionally mentioned “macroeconomic and financial developments” along with her counterpart.

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