Presidential Office: "Holding Korea-US-Japan Economic Security Dialogue... Exploring Cooperation Measures"

Last November's US-ROK-Japan Summit Agreement as a Turning Point
Expanding the Foundation from Existing US-ROK Economic Security Cooperation
Freedom, Devotion, Memory, Future, and Prosperity in the March 1st Anniversary Speech

The Presidential Office announced on the 27th (local time) that it held the Korea-US-Japan Economic Security Dialogue in Honolulu, USA, to explore cooperation measures on common interests in economic security fields such as advanced industries.

This Korea-US-Japan Economic Security Dialogue was arranged following the trilateral summit held in Phnom Penh, Cambodia, last November during the Association of Southeast Asian Nations (ASEAN) meeting, where the three leaders shared the necessity of Korea-US-Japan economic security cooperation and agreed to establish a consultative body.

The meeting was attended by Wang Yoon-jong, Secretary for Economic Security of the Presidential Office, Tarun Chhabra, Senior Director for Technology and National Security at the White House, and Yasuo Takamura, Cabinet Councillor of the National Security Secretariat of the Japanese Prime Minister’s Office, each serving as the chief representative.

The chief representatives of the three countries discussed cooperation measures on emerging and core technology sectors such as quantum, bio, and space, expansion of professional personnel exchanges, stabilization of supply chains for semiconductors, batteries, and critical minerals, technology protection, data movement and protection, and responses to the weaponization of economic interdependence.

Korea and the US have established an economic security dialogue channel since last year to discuss supply chain stabilization, technology cooperation, and protection. The Presidential Office explained that this trilateral economic security dialogue expands Korea-US economic security cooperation to a three-country level and strengthens the foundation for promoting global cooperation.

Furthermore, the Korea-US-Japan Economic Security Dialogue is expected to play a role in enhancing the resilience of major supply chains and crisis response capabilities among the three countries, as well as promoting economic security cooperation such as the advancement and protection of core and emerging technologies.

[Image source=Yonhap News]

At a meeting with reporters on the same day, a key official from the Presidential Office responded to a question asking, "The US has introduced stringent regulations on subsidy payments by strengthening support guidelines for the Semiconductor Act following the Electric Vehicle Act. There are concerns that our companies may not benefit. What kind of cooperation do we have with the US?" by saying, "It is true that we are cooperating with the US, but it does not seem appropriate to publicly discuss such efforts at this time." He added, "The relevant companies and related ministries are working hard, and the Presidential Office is also supporting them. When the time comes to disclose information, we will share it appropriately."

When asked whether President Yoon Suk-yeol would mention Korea-Japan relations and North Korea issues in his commemorative speech with the March 1st Movement Day approaching, the official said, "Since it is an important commemorative speech, it is still being finalized, so it is difficult to specify what content will be included regarding the parts you asked about."

Earlier, at a briefing held at the Yongsan Presidential Office, Lee Do-woon, spokesperson for the Presidential Office, introduced, "President Yoon’s speech tomorrow will reflect on the historical significance of the March 1st Independence Movement, diagnose the past and present situation of our country, and present the direction we should take in the future." He added, "Keywords are expected to include 'freedom,' 'dedication,' 'memory,' 'future,' and 'prosperity.'"

Regarding the possibility of remarks on the forced mobilization issue in the commemorative speech, the official responded to Japanese media, "I think it is a question that Japanese media can ask, but whether a commemorative speech deals with specific current issues is something we need to consider carefully."

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