SEOUL, Aug. 30 (Yonhap) -- Cho Yoon-je, named as South Korea's new ambassador to the United States, is known for his deep and wide expertise on the global economy and finance, which experts say will help him effectively deal with Washington's demand to revise its free trade agreement with Seoul and other economic issues.
Cho, 65, has accumulated his experience in the economic and financial fields by working at such global organizations as the International Bank for Reconstruction and Development, and the International Monetary Fund.
The professor at Seoul's Sogang University also served as presidential adviser on economic affairs during the Roh Moo-hyun government from 2003-2005 and worked as ambassador to Britain from 2005-2008.
He is known to have provided advice on economic issues for President Moon Jae-in before he took office. He was sent as special envoy to the European Union and Germany after Moon was elected.
His expertise on the economy is expected to be a boon for South Korea currently in talks with the United States to possibly revise the FTA that the two allies enforced in 2012.
The bilateral trade pact has widely been considered a symbol of deepening economic ties, but U.S. President Donald Trump has vowed to fix or scrap the deal, calling it "horrible." The two held a special session in Seoul last week to discuss possible changes to it.
Critics, however, cautiously voice concerns that Cho might lack experience on North Korea and question his capability to induce stronger cooperation and policy coordination between the two countries.