During a meeting on Thursday between Bessent, U.S. Trade Representative Jamieson Greer, South Korean Finance Minister Choi Sang-mok and South Korean Trade Minister Ahn Duk-geun, the officials agreed to "further productive discussions, including on currency policy," the Treasury said in a separate statement.

When a South Korean delegation meets U.S. counterparts in Washington on Thursday for trade talks, they face a wide range of potential agenda items.

The U.S. Treasury is engaged in tariff negotiations with South Korea to encourage more trade between the allies. Key officials from both countries discussed promoting a trade-friendly equilibrium, focusing on productive talks,