The presidential office said Seoul will continue to strengthen economic cooperation with the U.S. under the new administration and Congress.

Appearing on Yonhap News TV,  chief of staff for policy Sung Tae-yoon said South Korean investment in the U.S. will have a positive impact on South Korea.

Regarding concerns over the potential impact of President-elect Donald Trump’s trade policies on the South Korean economy, Sung said the government has already analyzed Trump’s campaign pledges and their anticipated effects on the country at a pan-governmental level.

Sung added that regardless of who is president of the United States, the two allies have a strong economic framework and will engage in mutually beneficial discussions.

The official also noted that President Yoon Suk Yeol’s first phone conversation with Trump took place soon after the election and lasted longer than Trump’s phone calls with many other world leaders.