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US President Joe Biden emphasised the need for closer supply chain cooperation among Washington’s allies as he arrived in South Korea on May 20, 2022. Biden’s first stop in his first presidential trip to Asia was the Samsung semiconductor plant, where he touted South Korea’s role in securing global supply chains.

He is expected to launch an economic initiative spanning digital trade, supply chain resilience, infrastructure, green technology, tax and anti-corruption to strengthen US engagement in the region.

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