SEUL, May 21 South Korean President Yoon Seok-yeol following talks with US President Joe Biden announced his country's participation in the «Indo-Pacific Economic Framework (IPEF)» of the United States, the press conference of the leaders of the two countries was broadcast on YouTube by the South Korean government channel KTV. Biden arrived in South Korea on Friday for his first summit with the country's new President Yun Juice Elem. South Korea was the first stop on Biden's Asian tour, which will take place from May 20 to 24. Sok Yeol noted that the Indo-Pacific region is important for both the US and South Korea, and that the country will now be responsible and proactive in playing the role expected of it by the international community and making its contribution. According to him, participation in the «Indo-Pacific economic structure» of the United States is a step towards building order in the region based on «rules» that South Korea will build together with the United States. system,» the president said. 
South Korea and the United States will cooperate on space and peaceful atom As Yonhap noted, Biden's IPEF initiative is intended to ensure safe and sustainable supply chains and to set the rules for the digital economy, investment, etc. According to KTV experts, the economic alliance is directed against China, designed to curb its economic development, which could threaten the geopolitical position of the United States in the world, and is being created to put pressure on Beijing. Yoon Seok-yeol's office has said that South Korea may attend the Tokyo summit next week, where Biden should announce about the official launch of IPEF.
