U.S. President Donald Trump on Monday said that he hopes to get the ownership of the land where U.S. military bases in South Korea during a meeting with visiting South Korean President Lee Jae-myung at the White House.
The two sides discussed issues such as the U.S.-South Korea alliance, the situation on the Korean Peninsula, and manufacturing cooperation between the two countries.
Trump expressed his hope that South Korea would transfer the ownership of the land used for U.S. military bases to the United States, rather than continuing the current "lease" arrangement.
However, according to the U.S.-South Korea agreement on the stationing of U.S. forces, South Korea currently not only provides the land for U.S. military bases free of charge but also bears a significant portion of the costs associated with maintaining the troops.
During the talks, Trump expressed his hope to meet with Kim Jong Un, top leader of the Democratic People's Republic of Korea (DPRK), later this year and said that together with Lee, he expects to gain major progress in relations with the DPRK.
Regarding economic ties between the U.S. and South Korea, Trump mentioned that he would not rule out "renegotiating" the trade agreement reached between the two countries in July.
Lee emphasized his hope that Trump would pave a "new path to peace" on the Korean Peninsula. He also said that South Korea is willing to participate in the revitalization of manufacturing industries, such as shipbuilding, which the U.S. is currently promoting.
Trump seeks ownership of US military bases' land in South Korea
Trump seeks ownership of US military bases' land in South Korea
China will take further steps to expand high-standard opening-up and create a new landscape of win-win cooperation in 2026, which marks the start of the 15th Five-Year Plan period (2026-2030), Commerce Minister Wang Wentao said in a recent interview with China Media Group.
Wang said opening up and cooperation for mutual benefit are integral to Chinese modernization. This year, China will actively expand voluntary opening up.
The country will steadily open up such areas as value-added telecommunications, biotechnology and wholly foreign-owned hospitals, while accelerating comprehensive pilot and demonstration programs for expanded opening-up in the services sector, he noted.
"We will expand the scope and regions of unilateral opening-up and ensure the implementation of zero-tariff treatment on 100 percent of tariff lines for all African countries that have diplomatic relations with China. We will vigorously promote the effective implementation of policies for special customs operations of the Hainan Free Trade Port, further enhance the level of trade and investment liberalization and facilitation, optimize the regional layout and coverage of pilot free trade zones, and support these zones in carrying out more robust institutional opening-up trials in areas such as market access, environmental standards and government procurement, so as to better leverage their role as comprehensive pilot platforms for reform and opening-up," said Wang.
Wang said China will promote the orderly planning of cross-border industrial and supply chains.
Efforts will be made to deepen economic and trade cooperation under the Belt and Road Initiative, enhance integration and connectivity across production and supply chains, and encourage cooperation in areas including green development, the digital economy, green minerals, new infrastructure and new energy so as to help build global production and supply chain partnerships that are equal, inclusive and constructive, he noted.
"We will give play to the platform role of overseas economic and trade cooperation zones, expand overseas marketing networks and explore international markets through outward investment, achieve mutual promotion between investment and trade, and advance the integrated development of trade and investment. We will also improve the overseas comprehensive service system and the national-level overseas comprehensive service platform," said the minister.
In addition, China will participate constructively in global economic governance, according to the minister.
In 2026, Wang said, China will pursue flexible and pragmatic approaches to negotiate trade and investment agreements with more willing countries and regions, while strengthening economic and trade cooperation under multilateral frameworks such as BRICS, G20 and the Shanghai Cooperation Organization, to further promote mutual benefit and win-win outcomes.
China to expand high-standard opening-up to foster win-win cooperation: minister
