April 26 (Reuters) – U.S. President Joe Biden and South Korean President Yoon Suk Yeol upgraded their dedication to cooperate on sustaining stability in overseas change markets at a summit on Wednesday, a senior South Korean financial official stated.
“It’s significant that (the 2 leaders) expressed their willingness to actively cooperate for the monetary stability at a better stage than earlier than,” Choi Sang-mok, senior presidential secretary for financial system, advised reporters in Washington.
Biden and Yoon stated in an announcement following the summit that the 2 international locations “will proceed to seek the advice of carefully on overseas change market developments to advertise sustainable progress and monetary stability”.
It was a reaffirmation of a dedication made final 12 months however was an improve within the sense that it was included within the assertion after the summit assembly held on the event of President Yoon’s state go to, Choi stated.
Reporting by Choonsik Yoo; Enhancing by Sonali Paul
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