tv Pres. Biden South Korean President Hold News Conference CSPAN May 22, 2022 3:58am-4:32am EDT
moreover, we engaged in a candid conversation building friendship and trust. today, i also realized that president biden and i see eye to eye on so many fronts. over the past 69 years, the rok and u.s. alliance has been the linchpin of peace and prosperity in the region. now the long-standing mission of denuclearizing north korea, as well as the covid crisis, shifting supply order, climate change, democracy in crisis and numerous other challenges confronts our alliance. these challenges can be tackled only when countries sharing the universal values of liberal democracy and human rights come together. our alliance is an exemplary
model of such solidarity. korea and the u.s. are comprehensive strategic allies stand ready to meet these , challenges collectively and shape a rules-based order in the process. these aspirations that president biden and i share are well reflected in the joint statement we are adopting today. in the negotiations leading up to the joint statement, our two countries' deputies have trust and -- have exhibited trust and partnership which i note with appreciation. sustainable peace on the peninsula is underpinned by the principled and consistent policy towards north korea. in lockstep coordination with the biden administration, i
commit to resolutely safeguard peace on the peninsula and encourage north korea to come forward to engage in practical cooperation. i will exert diplomatic endeavor to that and end. -- to that end. we reiterated our common goal of the complete denuclearization of the dprk. there is no compromise for security under this shared belief we concurred that the strong deterrence against north korea is paramount. president biden affirmed the ironclad u.s. commitment to the defense of the republic of korea and extended deterrence. at the same time, our countries hope to see north korea take the path towards genuine denuclearization, together with the community of nations we pledged to spare no efforts to that end. un security council resolutions will be fully implemented
together with other countries. the door to dialogue remains open. if north korea generally embarks upon denuclearization in partnership with the international community, i am prepared to present a plan that will vastly strengthen the kind of me -- economy and the quality of life for our people. currently, north korea is struggling with the covid-19 crisis. putting aside political and military considerations, i am more than willing to provide assistance from humanitarian and human rights perspectives. i call on north korea to respond to this proposal positively and begin taking practical steps towards denuclearization. we live in an era where economy and security and security is economy. fighting disruptions resulting from a changing global security order are directly linked to the
life of our people and the new reality and the rok-u.s. alliance must also evolve, not just with words but with actions. we should strive to deliver real benefits that can impact the people's of our two countries. president biden and i, in the field of semi conductors, batteries, nuclear devours -- nuclear powers, space development and other emerging technologies have agreed to step up our practical cooperation. market shocks stemming from a shaken international order will be addressed through our collective response. and as a first step, our offices of the president will launch an economic security dialogue, so that in supply chains, advanced science technologies and other
areas of security and our two countries can have timely communication and cooperation. an orderly and well-functioning market is crucial to sustainable growth and financial stability. to that end, president biden and i decided to engage in even closer consultation. for advanced reactors and small modular reactor development and export promotion our two countries civil nuclear industries are committed to working together. moreover, our nations with regard to the defense industry, now emerging as the future, have concurred to initiate discussions in a reciprocal agreement that can be licensed in the defense sector. korea amid the ravages of war achieved a remarkable growth with the help of the u.s. and white house and international
community. the world now recognizes us as a defense democracy, with one of the largest economies and a cultural powerhouse. we stand ready to proactively fulfill a role expected of us by the international community, to honor our responsibility and commitment. the indo pacific is a region important to both of our countries. our two nations will work in concert in building order in the indo pacific, and taking that first step to participate in the indo pacific economic, with a view to expanding our contributions in the region we will also work to formulate a relevant strategy. our two countries in response to immediate global challenges, will pursue even closer coordination.
a tragedy brought on by russia's invasion of ukraine must be resolved swiftly, so that the people can return to their peaceful, normal lives. to that end, korea and the u.s. have decided to cooperate vigorously with international instruction, building on the global vaccine partnership, korea will actively join the global fight against covid-19. a global health security coordinating office will be established in seoul as a way to contribute to sustainable, global health security. in addressing the existential threat to humanity posed by climate change, our countries will endeavor to achieve our 2030 greenhouse gas reduction targets and 2015 net zero -- 2050 net zero emission goals through even greater coordination.
the friendship and trust i have forged with president biden will pave the way for further bilateral partnership for the new era. towards this goal, i hope our two countries will engage in frequent communication and close consultation with each other. thank you. >> next, we will invite the president of the united states to speak. pres. biden: thank you for the time you gave me today. and incredible hospitality. i am honored to be able to meet you so early in your tenurre. -- tenure. it is a pleasure to get to know you personally. i am delighted to be back in your beautiful country, at a time when the alliance between the republic of korea and the united states has never been stronger, more vibrant, or more vital. and i believe that this trip is coming at an interesting moment,
because we are seeing so many expectations in asia and in the broader indo pacific region being updated. i'm looking forward to hearing more. my administration is pursuing an economic strategy designed to grow our economy from the bottom up, middle out, and is paying dividends. even in the face of historic economic challenges, our economy is providing and proving to be resilient. yesterday, an independent analysis projected that the american economy is poised to grow at a faster rate than china, than the chinese economy, for the first time in 45 years, since 1976. and our relationship with our allies, including the republic of korea, are closer than they have ever been. and our people are growing even closer as we speak. our businesses are blazing new trails together. and it goes to my core belief,
something i have said for a long time, it is never a good bet to bet against the u.s. we are a nation all about one thing, possibilities. endless possibilities. and that optimism is a commitment to innovation, for breaking barriers, that is something that koreans in americans share. -- and americans share. yesterday, the president and i visited a factory where korean-american innovation is working in tandem to produce the most advanced semi conductors in the world. i welcome the billions of dollars of investment in korean companies like samsung. and investments that will bring our two countries closer together, cooperating even more closely than we already do, to help strengthen our supply chains, secure them against shocks, and give our economies a competitive edge. today, president yoon and i
discussed a broad range of issues. i apologize for repeating them, but both regional and global. the cooperation between the republic of korea and in the united states is vital to our shared strategic progress. we both believe that. from fighting the pandemic, to strengthening global health security, health systems, so we can better prepare for the next major global health event, and there will be others. from increasing our climate ambitions to accelerating climate solutions, like development of electric vehicles. from standing up for a shared -- our shared democratic values and defending our international order against threats and civility. our alliance is making important contributions to shape the future of our children. and korea's strong and dynamic economy is a powerful example of that to the rest of the world.
i also want to thank the people of korea for their strong support, for the people of ukraine. putin's war against ukraine is not just a matter for europe, it is an attack on democracy and the core international principles of sovereignty and territorial integrity. the republic of korea and the united states are standing together, part of a global response with our allies and partners, to condemn russia's flagrant violation of international law. and to hold russia accountable. and to support the people of ukraine. tomorrow, the president and i will be visiting with the korean-american troops who are still serving side-by-side, even today, decades after our troops first fought valiantly together to preserve the freedom of the republic of korea. it is emblematic of our strength
and continuing strength and the durability of our alliance and our readiness to take on all threats together. and today, president yoon and i committed to strengthening our close engagement and working -- work together to take on challenges of regional security, including addressing the threat posed by the democratic people's republic of korea, by further strengthening our deterrence posture and working toward a complete denuclearization of the korean peninsula, as the president has already spoken to. promoting stability across the strait as well, including in the south china sea and beyond. thank you again mr. president for your warm welcome, for your commitment to strengthening our alliance, and for expanding our global partnership. i look forward to years to come.
now, i believe you asked the first question. >> we are going to open the floor for questions. the presidents will address the person who will be asking the question. now we will take a questionnaire from the korean journalist to the korean president. raise your hand. >> thank you for this opportunity. to pose a question. first, regarding the concept of economic security. a number of koreans find the concept pretty unfamiliar. so, what are the benefits the korean economy can gain from the economic security cooperation, what are the real benefits that can be experienced by the korean people? in addition to that, you talked
about universal values, solidarity and alliance. and you very much underscored that point, but are there countries that can assure those values? for example strong exports, regulations or controls the u.s. is imposing on other countries, do you think you can resort to those measures as well? as you are aware, economic security is probably something you have already heard and seen through various newspaper channels. for example, this is related to the livelihoods of our people. and important industrial goods, for them to be produced, for example let's say we were trying to produce a car. you need semi conductors. for example, we had water issues recently. and so these are materials that
are critically needed for our daily lives as well as our industry production and to ensure security in the supply chain is directly related to the lives of the people, as well as the national economy. this is related to the national security as well as military security. and in the past, we had a wto system that brought countries together to form a free and universal treaty order related -- but due to the covid-19 pandemic and the formation of the blocks in the market we see permanent risks when it comes to the supply chain. it is very important to stabilize the supply chain, especially with our two countries, the united states and korea. we share the values of democracy
and human rights. and among these like-minded countries that share our values, it will be important to stabilize the supply chain, and that is why we need to deal with the issue of economic security. of the office of the president are given that authority to deal with this issue and present if there are any difficult issues to be resolved, then the two countries will be engaged. and we decided to pursue this goal going forward. in addition, if you look at the financial markets, or the foreign exchange market, there could be possible shocks. and when that happens, the two countries can step in to help with each other. and also, related to military security, and also economic security.
especially in relation to the export of defense items. the two countries should initiate negotiations, so that we can pave the way for promoting cooperation and the specific field. this is not just cooperation. in terms of words or empty promises. it is going to be in alliance -- an alliance that takes action together. and we decided to evolve our alliance even further. and the united states and korea, we advocate democracy and human rights and freedom. even those countries that are not sharing those values, for world peace, of course we are not trying to exclude them, but
we want these countries to be embraced and embraced these -- embraces these values. so, we want to start this closer solidarity and cooperation among the like-minded countries, countries that share those values. i will take a question from an american journalist, who will be posing a question to the american president. please raise your hand. >> thank you. first of all, president yoon, your joint statement mentions a number of initiatives you will be taking on on the security front, but it does not mention if you asked the president for nuclear bombers, submarines or aircraft carriers. are those of interest and do you -- to you and do you expect president to be deploying them? for president biden, there's no mention about whether there would be preconditions for you meeting with north korea's kim
or providing vaccines to north korea, so i wanted to see if there are any preconditions to that. and ahead of your meetings in tokyo, i understand they will be asking for you to consider rejoining the tpp that was negotiated by president obama. can you talk about your thinking on whether this indo pacific economic framework could lead to a bigger trade deal in the region? thank you. pres. biden: you want me to go first? the answer with regard to would i provide vaccines for north korea. the answer is yes, we have offered vaccine, not only to north korea but to china as well. and we are prepared to do that immediately. we have gotten no response. with regard to whether i will meet with the leader of north
korea, that would depend on whether he was sincere and serious. what was the other question you asked? >> that there is room for a broader trade deal to come out of the indo pacific economic framework. would you consider rejoining? pres. biden: i think what you will see, what we are talking about in terms of this movement we are discussing now, it's quite significant. what we are talking about is, as was pointed out, an economic strategy that will involve the entire indo pacific region. and it is working on critical errors in the supply chain, not just semiconductors but a range of other products as well. semi conductors, which we already discussed a little bit, infrastructure and making sure that we make available the capacity to provide modern infrastructure to many of the
countries in the region who may not have the capacity. three, the digital economy. dealing with cybersecurity standards and sharing major standards and data access, based on the boundaries within trust. that needs to be done in our view. as well as clean and a renewable environment, clean energy technology. and the tax side of the equation, like we negotiated, and dealing with establishing foreign practices that affect us internationally. all of is quite broad. and it is separate from and also semi inclusive of what tpp was about. so, this is the objective i have in mind, that we have in mind at the front end. >> a journalist from the u.s.
posed to me a question regarding extended deterrence. let me address the question. everyday we are seeing north korea advancing its nuclear missile capabilities. and president biden and i share grave concerns, more than anything else, we believe this merits our utmost attention. president biden also reiterated and reemphasized his commitment, the u.s.'s commitment, to effective deterrence. at the same time, key to our combined defense capability is the combined military exercises and we are going to step up our exercises. we will be coordinating between ourselves the deployment of u.s. strategic military assets. it will take time in coordinating between ourselves.
regarding the cyber threat or threats emanating from north korea's capabilities, we will continue to consult with one another as to how to counter those threats. at the same time, we will activate the edseg, and continue to advance and step up our high level mechanisms. i hope that answers your questions.
>> we are taking questions of some korean journalists and american journalists, but we will go back to the korean journalists. please keep your questions to one item. >> thank you very much for meeting with us. we talk about the evolving nuclear threat in north korea. you said you're going to present a plan to strengthen effective extended deterrence. regarding that action plan, i wonder what specific discussions you had today -- did you see eye to eye on this action plan? pres. yoon: in the past, when we talked about extended deterrence, we talked about a nuclear umbrella. that is what i thought about extended deterrence in the past. but beyond that, there could be many other aspects. including fighters, bombers,
missiles -- so regarding the timely deployment of strategic assets, we did engage in the discussion today. going forward, i believe there will be more concrete discussions between our two sides. that was our agreement and it will be between our teams. also, as i already stated in the course of answering the question from the u.s. journalist, in order to prepare against a possible nuclear attack, our two countries' combined nuclear exercises should be stepped up in many aspects. we had that discussion. thank you. >> we are going back to the american journalists, posing questions to the americans. this will be the last question, so please keep your questions to one item. pres. biden: washington post.
>> thank you, mr. president. you are here in the region to promote the united states' economic cooperation with south korea and japan. the two countries have been locked in a trade dispute on top of their bilateral trade deteriorating in recent years. what kind of role with the united states play here in resolving other disputes so the administration can further your goal of altering your economic alliance with the region? and then i have a question for president yoon. pres. biden: which one? [laughter] the answer is that we discussed that in generic terms. the fact is that i will be going from here to tokyo and discussing this as well. i think it's critically important that we have close trilateral relationships, including economically as well as militarily. and i think you will see there are ways to deal with some of
the trade barriers that were placed. some of which were placed by my predecessor, which we are looking at very closely right now. so i think there's a lot of room to move. in addition to that, you covered the fact that i spent a lot of time with the nations, as well as the quartet. things have changed. there is a sense among the democracies in the pacific that there is a need to cooperate much more closely, not just militarily, but economically and politically. and so we talked at some length about the need for us to make this larger than just the united states, japan, and korea, but the entire pacific and south pacific and indo pacific. i think this is an opportunity.
you have heard me say 100 times -- i'm sorry for the american press to repeat it, but i think we are at an inflection point in world history. things are changing so rapidly, i think what we are going to see more of his cooperations between democracies and autocracies. unfortunately, i think i am proven to be correct, not just here, but around the world. again, we talked at length about, this is not just regional, but also a global alliance in terms of how we are going to respond. i don't mean a formal, written alliance, but for example you , notice korea and japan have both stepped up and supported ukraine. you find that the quad is supporting ukraine. so there are a range of things that affect whether democracies can be sustained in the midst of this incredible change taking place. we both agree that it could and should be, and together, we can play a major part in having that
done. thank you. appreciate it. >> your cabinet nominees are overwhelmingly male. south korea consistently ranks low among developed countries on professional advancement of women, and you proposed abolishing the ministry of gender equality. what role should south korea play in improving the advancement of women, what will your administration do to improve gender equality in this country? pres. yoon: if you look at the public official sector, especially the ministers in the cabinet, we really didn't see a lot of women advancing to that
position thus far. probably in various regions, equal opportunities were not fully insured for women. we have quite a short history of ensuring that. so what we are trying to do is actively issue opportunities for women. >> this concludes the press conference. the presidents of the two countries will leave the room first. pres. biden: thank you. >> this concludes the joint press conference. we have others scheduled later on. we would like to thank the journalists once again for their time here and also for constructive questions. thank you. [captions copyright national cable satellite corp. 2022] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org]