12/4/2022, 7:34 AM (Source: TeleTrader)
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S. Korea to discuss EV subsidies in US - Seoul

South Korea's Trade Minister Ahn Duk-geun (pictured) is set to discuss Washington's Inflation Reduction Act (IRA) with the Biden administration in the United States on December 5, the ministry revealed on Sunday.

During a five-day trip, Ahn will speak to US Trade Representative Katherine Tai, US President Joe Biden's Senior Advisor for Green Energy Innovation and Implementation John Podesta, as well as American legislators.

Slight tensions between Seoul and Washington emerged mostly due to the law enabling tax credits for electric vehicles assembled only in the United States.

Baha Breaking News (BBN) / MS