Korea-Japan Industrial Technology Fair Held: "Economic Exchange Continues Despite Difficult Korea-Japan Relations"

Park Ki-young, Deputy Minister for Trade, Ministry of Trade, Industry and Energy. (Photo by Yonhap News)

[Asia Economy Reporter Moon Chaeseok] The "Korea-Japan Industrial Technology Fair 2020," a platform for exchanges between Korean and Japanese businesspeople, was held online on the 5th at the Lotte Hotel in Sogong-dong, Seoul.

Hosted by the Ministry of Trade, Industry and Energy and co-organized by the Korea-Japan Industrial Technology Cooperation Foundation, this event has been held annually since 2008 to expand business exchanges and build cooperative networks between the two countries.

Marking its 13th edition this year, the event was attended by Park Ki-young, Deputy Minister for Trade of the Ministry of Trade, Industry and Energy; Kim Yoon, Chairman of the Korea-Japan Industrial Technology Cooperation Foundation; Koji Domita, Ambassador of Japan to Korea; Mikio Sasaki, Chairman of the Japan-Korea Industrial Technology Cooperation Foundation; and over 100 businesspeople from both countries.

In his congratulatory remarks, Deputy Minister Park said, "Although Korea-Japan relations are going through a difficult period, economic exchanges and cooperation, which form the foundation of bilateral relations, must continue unwaveringly."

He also emphasized cooperation in new industries and future energy sectors, the completion of regional free trade agreements such as RCEP (Regional Comprehensive Economic Partnership), and joint entry into third-country markets.

As side events, business consultations, technical guidance matching consultations, and Korea-Japan cooperation seminars were held through online video conferences by businesspeople from both countries.

At the business consultation meeting, 14 Japanese companies including Bandai, a toy company, and Koyu Seisakusho, a semiconductor manufacturing equipment company, along with 25 Korean companies, discussed the import and export of parts and finished products.

In the technical guidance matching consultation, 37 retired Japanese engineers with excellent skills who had worked for leading Japanese companies for many years participated along with 25 Korean companies seeking technical guidance.

This content was produced with the assistance of AI translation services.