Zürcher Nachrichten - Biden, Yoon consider ramping up military drills in response to N. Korea threat

EUR -
AED 3.871072
AFN 71.976156
ALL 98.077879
AMD 410.799551
ANG 1.905924
AOA 961.20456
ARS 1056.441181
AUD 1.630748
AWG 1.891844
AZN 1.786299
BAM 1.955322
BBD 2.135168
BDT 126.3691
BGN 1.957284
BHD 0.396933
BIF 3123.173384
BMD 1.053952
BND 1.417761
BOB 7.307109
BRL 6.112396
BSD 1.057446
BTN 88.845575
BWP 14.456808
BYN 3.460637
BYR 20657.464826
BZD 2.131569
CAD 1.484792
CDF 3019.573232
CHF 0.935273
CLF 0.037421
CLP 1032.567891
CNY 7.630718
CNH 7.637728
COP 4664.445018
CRC 538.199038
CUC 1.053952
CUP 27.929736
CVE 110.238045
CZK 25.260096
DJF 188.304849
DKK 7.458507
DOP 63.718047
DZD 140.422326
EGP 51.99895
ERN 15.809284
ETB 128.067276
FJD 2.398742
FKP 0.831902
GBP 0.834298
GEL 2.882553
GGP 0.831902
GHS 16.892629
GIP 0.831902
GMD 74.830427
GNF 9113.463326
GTQ 8.167003
GYD 221.132781
HKD 8.204802
HNL 26.70699
HRK 7.518115
HTG 139.026558
HUF 407.610787
IDR 16709.517651
ILS 3.930394
IMP 0.831902
INR 88.934655
IQD 1385.254705
IRR 44363.488335
ISK 145.118599
JEP 0.831902
JMD 167.948494
JOD 0.747362
JPY 162.78822
KES 136.434327
KGS 91.171151
KHR 4272.279626
KMF 491.747778
KPW 948.556659
KRW 1470.000363
KWD 0.324132
KYD 0.881293
KZT 525.516487
LAK 23236.208036
LBP 94695.695716
LKR 308.93739
LRD 194.568732
LSL 19.238305
LTL 3.112047
LVL 0.637525
LYD 5.164762
MAD 10.542272
MDL 19.214211
MGA 4919.007226
MKD 61.594939
MMK 3423.195916
MNT 3581.329815
MOP 8.479386
MRU 42.21568
MUR 49.961528
MVR 16.283409
MWK 1833.738607
MXN 21.461684
MYR 4.710149
MZN 67.34931
NAD 19.238578
NGN 1756.706829
NIO 38.913439
NOK 11.682792
NPR 142.15796
NZD 1.799429
OMR 0.405403
PAB 1.057426
PEN 4.014418
PGK 4.252182
PHP 61.893386
PKR 293.611078
PLN 4.316515
PYG 8251.021599
QAR 3.854957
RON 4.977185
RSD 116.977276
RUB 105.337919
RWF 1452.427536
SAR 3.958644
SBD 8.843101
SCR 14.586817
SDG 633.94629
SEK 11.565282
SGD 1.41579
SHP 0.831902
SLE 23.821253
SLL 22100.857474
SOS 604.386622
SRD 37.22085
STD 21814.68442
SVC 9.252825
SYP 2648.08659
SZL 19.231845
THB 36.651713
TJS 11.27243
TMT 3.699373
TND 3.336284
TOP 2.46846
TRY 36.324813
TTD 7.180312
TWD 34.311415
TZS 2798.243053
UAH 43.681084
UGX 3880.995782
USD 1.053952
UYU 45.378043
UZS 13535.690246
VES 48.23969
VND 26757.213687
VUV 125.127333
WST 2.942204
XAF 655.827749
XAG 0.034502
XAU 0.000408
XCD 2.848359
XDR 0.796624
XOF 655.799755
XPF 119.331742
YER 263.356327
ZAR 19.123184
ZMK 9486.838739
ZMW 29.032763
ZWL 339.372206
  • CMSC

    0.0200

    24.57

    +0.08%

  • RIO

    0.5500

    60.98

    +0.9%

  • RBGPF

    61.8400

    61.84

    +100%

  • NGG

    0.3800

    62.75

    +0.61%

  • RYCEF

    0.0400

    6.82

    +0.59%

  • GSK

    -0.6509

    33.35

    -1.95%

  • RELX

    -1.5000

    44.45

    -3.37%

  • BP

    -0.0700

    28.98

    -0.24%

  • CMSD

    0.0822

    24.44

    +0.34%

  • VOD

    0.0900

    8.77

    +1.03%

  • BTI

    0.9000

    36.39

    +2.47%

  • SCS

    -0.0400

    13.23

    -0.3%

  • AZN

    -1.8100

    63.23

    -2.86%

  • BCC

    -0.2600

    140.09

    -0.19%

  • JRI

    0.0235

    13.1

    +0.18%

  • BCE

    -0.0200

    26.82

    -0.07%

Biden, Yoon consider ramping up military drills in response to N. Korea threat
Biden, Yoon consider ramping up military drills in response to N. Korea threat / Photo: SONG Kyung-Seok - POOL/AFP

Biden, Yoon consider ramping up military drills in response to N. Korea threat

US President Joe Biden and South Korea's newly sworn-in President Yoon Suk-yeol said Saturday they will consider stepping up joint military exercises in response to the "threat" from North Korea, while also offering to help the isolated dictatorship face down a Covid-19 outbreak.

Text size:

After meeting in Seoul on Biden's first trip to Asia as president, the two leaders said in a statement that "considering the evolving threat posed by" North Korea, they "agree to initiate discussions to expand the scope and scale of combined military exercises and training on and around the Korean peninsula."

Reaching out to Pyongyang, the statement said the two leaders also "express concern over the recent Covid-19 outbreak" there and "are willing to work with the international community to provide assistance" to North Korea to help fight the virus.

Yoon said the offer of Covid aid was being made according to "humanitarian principles, separate from political and military issues" with Pyongyang.

The two presidents are committed to North Korea's "complete denuclerisation", he said, adding that "nothing is more important than a strong deterrence against the North".

Biden began his day by paying respects at Seoul National Cemetery, where soldiers killed defending South Korea, including many who fought alongside US troops in the Korean War, are buried.

He then held closed-door talks with Yoon ahead of a joint press conference and state dinner.

On Sunday, Biden travels to another key US ally, Japan.

A US official said that in addition to tensions over North Korea and the US-led campaign to punish Russia for invading Ukraine, Biden's main focus Saturday was establishing "a strong personal relationship" with Yoon, who is less than two weeks into his presidency.

Like Japan, South Korea is seen as a key player in US strategy to contain China and maintain what Washington calls the "free and open Indo-Pacific".

Biden's Asia trip "is about demonstrating unity and resolve and strengthening the coordination between our closest allies", the official told reporters on condition of anonymity.

However, the visit is overshadowed by what the US official called "sabre-rattling" across the heavily fortified border in North Korea, which the White House believes might test either a nuclear-capable missile or explosive to take advantage of the high-profile moment.

- Cutting-edge investments -

On arrival Friday, Biden accompanied Yoon on a tour of a massive Samsung semiconductor factory. Relations between the two leaders "got off to a very good start," the US official said, speaking on condition of anonymity.

Biden called the US-South Korean alliance "a linchpin of peace, stability and prosperity" and highlighted the Samsung plant's role in maintaining the fragile global supply chain for semiconductors.

The chips are a vital component in almost every piece of sophisticated modern technology, and South Korea and the United States need to work to "keep our supply chains resilient, reliable and secure", Biden said.

For the US leader, whose Democratic Party fears a possible trouncing in midterm elections in November, snarled supply chains are an acute domestic political challenge, with Americans increasingly frustrated over rising prices and setbacks in the post-Covid pandemic recovery.

Biden emphasised Samsung's decision to build a new semiconductor plant in Texas, opening in 2024.

In the southern US state of Georgia, the governor on Friday announced that South Korean auto giant Hyundai will build a $5.5 billion plant to produce electric vehicles and batteries -- another big priority in Biden's vision for putting cutting-edge technology at the heart of US industrial strategy.

- US leadership -

Adding to the uncertainty about what is happening in North Korea, the country has admitted it is going through a major outbreak of Covid-19.

On Saturday, North Korean state media reported nearly 2.5 million people had been sick with "fever" with 66 deaths as the country "intensified" its anti-epidemic campaign.

How that crisis might impact Kim Jong Un's decision on nuclear tests is one of the many unknowns that US and South Korean officials are weighing.

Former CIA analyst Soo Kim told AFP that North Korea's next step will help steer the US-South Korean relationship under Yoon.

"Should Kim proceed with a test during Biden's visit, he will effectively be helping the two countries find greater justification to work together on the North Korea issue," she said.

In Japan, Biden will meet with Prime Minister Fumio Kishida and the emperor.

On Monday, he will unveil a major new US initiative for regional trade, the Indo-Pacific Economic Framework for Prosperity. A day later, he will join a regional summit of the Quad -- a grouping of Australia, India, Japan and the United States.

T.Gerber--NZN