April 26, 2023
3 mins read

Biden, Yoon pay tributes at Korean War Memorial

Yoon and Biden each laid a wreath and silently bowed their heads as they paid tribute to the Korean and American service members killed in the 1950-53 conflict…reports Asian Lite News

Visiting South Korean President Yoon Suk Yeol and his US counterpart President Joe Biden paid a visit to the Korean War Veterans Memorial in Washington as part of events to mark the 70th anniversary of the bilateral alliance.

During Tuesday’s visit, Yoon and Biden each laid a wreath and silently bowed their heads as they paid tribute to the Korean and American service members killed in the 1950-53 conflict, reports Yonhap News Agency.

First Ladies Kim Keon Hee and Jill Biden stood closely behind them.

The two couples later stopped in front of the Wall of Remembrance, which was added to the memorial last year.

The wall displays the names of more than 43,000 Korean and American troops killed during the war.

It was the first time Yoon and Biden met after the South Korean President arrived in Washington on Monday for a six-day state visit.

On Wednesday, the Presidents are scheduled to hold a summit and attend a state dinner at the White House.

MoUs on batteries, nuclear power

South Korea and the US have signed 23 initial agreements to boost bilateral cooperation on advanced industries and energy fields, such as batteries, robots and nuclear power generation, Seoul’s industry ministry said.

The memorandums of understanding (MOUs) were signed during a business partnership event in Washington, DC involving 45 senior corporate officials from the two nations on the sidelines of President Yoon Suk Yeol’s state visit to the US, according to the Ministry of Trade, Industry and Energy.

Of the agreements, 10 were on batteries, bio, aviation, robots, autonomous driving and other next-generation sectors, and the remaining 13 MOUs called for enhanced bilateral ties on energy industries, including hydrogen, nuclear power generation and carbon neutrality, it added, reports Yonhap news agency.

Participating South Korean companies include Doosan Co., SK Inc., Lotte Chemical and HD Korea Shipbuilding & Offshore Engineering Co. From the US side, Boeing, GE, ExxonMobil and Siemens attended the event, the ministry said.

In detail, Seoul’s Korea Battery Industry Association and several other institutions signed an MOU with the US’ NATTBatt and agreed to conduct joint research and development regarding secondary batteries and boost technology and personnel exchanges.

Doosan and Doosan Robotics Inc. vowed to strengthen ties with the US’ Rockwell Automation on technology development and marketing for smart factory operation.

South Korea’s Korea Hydro & Nuclear Power Co. and SK Innovation Co. signed an agreement with American nuclear engineering firm TerraPower to jointly push for a project for the construction and operation of fourth-generation small modular reactors.

In the clean energy sector, Lotte Chemical signed an MoU with CF Industries Holdings, a US ammonia producer, for collaboration in the production of blue ammonia in Louisiana and its application to electricity generation in South Korea, using carbon capture technologies.

Korea Electric Power Corp. and GE agreed upon stronger cooperation on development of technologies for hydrogen, ammonia and other renewable energy, according to the ministry.

“The South Korea-US alliance has gone beyond the traditional military and security alliance to become a technology alliance,” Industry Minister Lee Chang-yang said. “We hope these agreements will create big results, and the South Korean government will actively support corporate activities.”

ALSO READ: Sanders backs Biden’s reelection bid

Previous Story

US envoy decries neglect of citizens in rural Liberia

Next Story

Kerala reaches out to its citizens stranded in Sudan

Latest from -Top News

UK MPs Slam Pakistan Over Minority Abuses

Minority communities such as Shias, Christians, Hindus, and Ahmadis continue to face harassment, violence, and intimidation. In many cases, law enforcement either turns a blind eye or enables the attacks through inaction…reports

Words Won’t Stop China, Quad Must Deliver

 If the Quad aims to counterbalance China’s growing influence, it must expand its focus beyond the maritime domain and address the continental dynamics of the Indo-Pacific…writes Imran Khurshid Despite early concerns that

India Stays Neutral on Dalai Lama Succession

As exiled Tibetan spiritual leader approaches his 90th birthday, he asserted on Wednesday that there will be the 15th reincarnation…reports Asian Lite News Responding to the Dalai Lama’s recent remarks, India on

USAID cut could kill 14 million more deaths

Human rights advocates and global health experts have expressed alarm at the speed and scale of the cuts…reports Asian Lite News A new study published in The Lancet has warned that ongoing

Trump goes nuclear on Mamdani

Mamdani, a 33-year-old democratic socialist and son of Indian-Ugandan immigrants, secured a surprise victory over former governor Andrew Cuomo in the Democratic primary.;…reports Asian Lite News President Donald Trump has intensified his
Go toTop

Don't Miss

India-US eye June trade deal

The trade discussions come at a crucial time, with the

Trump kicks off first 2024 presidential campaign

On Saturday, the former President held a rally in the