FKCCI Welcomes Comprehensive Security and Economic Cooperation Expansion at Korea-US-Japan Summit

Commentary After the Meeting on the 19th

The Federation of Korean Industries (FKI) issued a statement on the 19th, saying, "We congratulate the successful conclusion of the Korea-US-Japan trilateral summit," and added, "The business community greatly welcomes the comprehensive expansion of trilateral cooperation beyond security to economic cooperation, advanced technology, and strengthening economic security."

The FKI evaluated the summit as "a significant milestone that set a historic benchmark through the trilateral partnership," and stated, "The values of freedom, democracy, and market economy that we have upheld were reaffirmed through the summit." It further added, "We expect the three countries to expand freedom, prosperity, and peace beyond East Asia to the Indo-Pacific and the world based on shared values."

President Yoon Suk-yeol, U.S. President Joe Biden, and Japanese Prime Minister Fumio Kishida are taking a commemorative photo in front of Laurel Lodge ahead of the South Korea-U.S.-Japan summit held on the 18th (local time) at Camp David, the U.S. presidential retreat near Washington DC.
[Photo by Yonhap News]

The FKI expressed expectations that the summit would lead to economic cooperation beyond security. The FKI said, "We greatly welcome the direction of comprehensive expansion of trilateral cooperation," and "We evaluate the institutionalization of the trilateral partnership as a valuable achievement."

The FKI will welcome Ryu Jin, chairman of the Poongsan Group and an expert on the United States, as its 39th head at the extraordinary general meeting on the 22nd. The plan is to support diplomatic and trade activities such as the Korea-US-Japan summit and to contribute to maximizing the interests of the business community. The FKI stated, "We recognize that cooperating with the business community is essential to realize the bold vision of the summit," and "We will demonstrate leadership to ensure that the cooperation system among the Korea-US-Japan business communities becomes concrete."

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