Chairman Gu Ja-yeol Conveys Trade Industry Opinions to Prime Minister Kishida

"Cooperation Needed to Stabilize Core Resource Supply Chains Through Overseas Joint Development"

Gu Ja-yeol, Chairman of the Korea International Trade Association (KITA), attended a Korea-Japan business meeting with Japanese Prime Minister Fumio Kishida to promote economic exchanges between the two countries and conveyed the trade industry's opinions on strengthening economic cooperation.

On the 8th, KITA announced that Chairman Gu delivered the trade industry's views on enhancing Korea-Japan economic cooperation to Prime Minister Kishida at Lotte Hotel in Sogong-dong that morning. In his opening remarks at the meeting, Chairman Gu stated, “Through two summit meetings, a new milestone has been established in Korea-Japan relations,” adding, “The Korean trade industry is making efforts to actively engage in economic exchanges as in the past and to expand trade mutually and beneficially.”

He continued, “At a time when economic security has become more important than ever, Korea and Japan should pursue mutual benefits through joint overseas resource development and supply chain cooperation of key strategic materials.” He also emphasized, “The two countries should leverage their geographical proximity to promote cooperation in developing, producing, and supplying new energy technologies such as hydrogen, or jointly enter third-country markets,” requesting government attention and support for strategic collaboration between companies of both countries.

Furthermore, he said, “Our trade industry expects that restoring shuttle diplomacy between the two countries will help rebuild trust and friendship,” and added, “KITA will continue its efforts to expand exchanges between businesspeople and private economic cooperation between the two countries.”

To strengthen Korea-Japan economic cooperation and promote exchanges, Chairman Gu departed for Japan that afternoon immediately after the meeting and will meet with political and business figures in Japan for four days until the 11th. He will also attend a large-scale Korean product exhibition held at the Tokyo International Forum exhibition hall on the 10th and 11th to expand export channels for companies. On the 10th, the ‘Korea-Japan Future Industry Cooperation Forum’ will be held to discuss ways to expand cooperation and key tasks in promising industries such as hydrogen, e-mobility, startups, and secondary battery industries.

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