South Korea Delays Trade Talks With US Until After Election

South Korea has reiterated its stance that it will not rush into trade negotiations with the United States before the upcoming presidential election in the country. In a joint statement, the South Korean government emphasized that it will continue to proceed with the trade talks in an "orderly manner" according to established procedures.

The government clarified that during previous meetings, both South Korea and the United States agreed to prepare a "July plan." It also denied any information suggesting that South Korea hopes to finalize the trade agreement framework before the June 3 presidential election.

South Korea has explained to the United States that future negotiations must consider the domestic political situation and communication with the National Assembly. This approach underscores South Korea's commitment to a methodical and deliberate process, ensuring that all stakeholders are adequately consulted and that the negotiations align with the country's broader political and economic strategies.