South Korea says alliance holds after US midterms

· Economy · South Korea · United States

South Korea's presidential office said Thursday it does not expect the US midterm results to affect the South Korea-US alliance. The comments came as a parliamentary audit revealed friction in the alliance as Washington's priorities shift, and analysts warned that a divided Washington could add to uncertainty for Seoul. Separately, South Korea's finance minister said the country is seeking to turn its current economic boom into sustainable growth beyond a chip-led expansion.

Why it matters:Seoul is bracing for a more unpredictable Washington on security, trade and North Korea policy, with implications for the region's alliances.

Key points

  • Seoul's presidential office downplayed alliance risk.
  • A parliamentary audit showed friction in the US alliance.
  • The finance minister seeks growth beyond chips.

Sources (original reporting)

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