Row over EV subsidy rules overshadows S.Korean president's first U.S. visit

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Row over EV subsidy rules overshadows S.Korean president's first U.S. visit
France Dernières Nouvelles,France Actualités
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South Korea's opposition to new rules governing U.S. subsidies for electric vehicles will overshadow President Yoon Suk-yeol's first official trip to the United States, disrupting a recent display of alliance strength with Washington.

The law has sparked complaints from government officials in Seoul, who see it as a betrayal of Biden's vows to boost bilateral economic ties after South Korean companies agreed to make major investments and build factories in the United States.

A number of high-level South Korean officials have been mobilised in recent weeks to relay concerns to their U.S. counterparts and press for exemptions, though solutions are far from clear. When asked about the IRA, Yoon's senior economic secretary, Choi Sang-mok, said neither side had yet set an agenda for the summit but could discuss the issue in light of its importance.

Yoon's office said he plans to hold his first bilateral meeting with Japanese Prime Minister Fumio Kishida in New York, though some Japanese media reports suggested the meeting may not happen as legal fights over historic disputes remain unresolved.According to a senior official at Yoon's office, the president also plans to use his speech to the U.N.

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