Ministry of Trade Attends OECD and G20 Trade Ministers' Meetings to Strengthen Trade Cooperation

[Sejong=Asia Economy Reporter Kwon Haeyoung] The Ministry of Trade, Industry and Energy announced that Yeohangoo, the Chief Negotiator for Trade, will visit five European countries including Germany, France, Switzerland, Belgium, and Italy from the 4th to the 12th to strengthen bilateral and multilateral trade cooperation.

This schedule is being promoted to strengthen bilateral and multilateral trade cooperation on the occasion of the OECD Ministerial Council and the G20 Trade and Investment Ministers' Meeting, which are held face-to-face for the first time in two years since 2019 due to COVID-19.

At the OECD Ministerial Council Trade Ministers' Meeting held in Paris, France, he plans to meet with trade ministers of the Digital Economy Partnership Agreement (DEPA) member countries (Singapore, New Zealand, Chile) to discuss Korea's accession to DEPA and strengthening digital trade cooperation in the Asia-Pacific region. Through meetings with major French renewable energy companies such as Omnium and Total, he will also exchange opinions on cooperation measures between the two countries, including attracting investment in hydrogen energy and offshore wind power sectors.

He will also visit Geneva, Switzerland to discuss ways to restore the multilateral trading system with local figures including ambassadors to the World Trade Organization (WTO) from various countries, and in Brussels, Belgium, he will hold the Korea-European Union (EU) Trade Policy Forum and the Korea-EU Vaccine Roundtable, as well as pursue bilateral talks with the EU's Chief Trade Commissioner.

Additionally, in Sorrento, Italy, he will actively participate in G20 cooperation on major trade issues such as WTO reform, vaccines, supply chains, digital trade, and climate change.

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