Yoon's ASEAN and G20 Tour from 5th to 11th... Full Effort on Responsibility and Sales Diplomacy (Comprehensive)

Yoon Attends ASEAN and G20 Summits for Second Consecutive Year
Plans to Emphasize Korea's Role in International Order
ASEAN and India Account for 21% of Our Exports, Key Markets
Securing Export, Supply Chain, and Digital Leadership Through Sales Diplomacy

President Yoon Suk-yeol will attend the ASEAN (Association of Southeast Asian Nations) and the G20 Summit from the 5th of next month for a 5-night, 7-day schedule.

As the chair country of the Korea-China-Japan Summit, he will also participate in the 'ASEAN+3 Summit' to discuss ways to revitalize trilateral cooperation, thereby expanding diplomatic horizons.

At the same time, through economic diplomacy, he plans to create a turning point for expanding export markets, diversifying advanced industry supply chains, and strengthening digital leadership.

Kim Tae-hyo, the First Deputy Director of the National Security Office, held a briefing at the Yongsan Presidential Office on the afternoon of the 31st to reveal President Yoon’s upcoming trip schedule.

Yoon Attends ASEAN and G20 Summits for the Second Year... 'Responsible Diplomacy' in Indonesia and India

President Yoon Suk-yeol attended the 'ASEAN+3' (South Korea, China, Japan) summit held in Phnom Penh, Cambodia, on the morning of November 12 last year (local time). [Image source=Yonhap News]

President Yoon will engage in responsible diplomacy emphasizing South Korea’s global role and contributions at the ASEAN Summit held in Jakarta, Indonesia, and the G20 Summit held in New Delhi, India. First, from the 5th to the 8th of next month, President Yoon will visit Jakarta, Indonesia, to attend ASEAN-related summits. Starting with a dinner meeting with overseas Koreans, on the 6th he will attend the Korea-ASEAN Summit to review the current status of practical cooperation between Korea and ASEAN.

He is also scheduled to attend the 'ASEAN+3 Summit.' Deputy Director Kim explained, "Korea is the chair country of the Korea-Japan-China Summit and the coordinating country representing Korea, Japan, and China in ASEAN+3. At this summit, President Yoon will discuss how to activate cooperation between ASEAN and Korea, Japan, and China to realize the vision of an East Asian community and emphasize the necessity of cooperation."

On the 7th of next month, he will attend the East Asia Summit (EAS), a strategic forum where leaders from 18 countries in East Asia gather to discuss major regional and international security issues. President Yoon plans to express his stance on regional issues, including the North Korean nuclear issue, and international matters, emphasizing what Korea will contribute to establishing an international order based on international norms. On the same day, he will attend the Korea-Indonesia Business Roundtable jointly hosted by the Korea Chamber of Commerce and Industry and the Indonesian Chamber of Commerce and Industry. On the 8th, he will hold a 'Korea-Indonesia Summit' with Indonesian President Joko Widodo at the Jakarta Presidential Palace. The two leaders will hold a signing ceremony for major cooperation documents and officially announce the agreed matters through a joint press release.

On the afternoon of the same day, President Yoon will move to New Delhi, India, to prepare for the G20 Summit. This will be President Yoon’s second time attending the G20 Summit. Deputy Director Kim said, "At this meeting, President Yoon will emphasize South Korea’s concrete contribution plans to overcome climate change, one of the most important issues in the international community." Accordingly, on the 9th, after attending the first session of the G20 Summit themed 'One Earth' and the second session themed 'One Family,' he will attend a dinner hosted by Indian Prime Minister Narendra Modi that evening.

'Korea’s First Salesperson' Yoon Secures Exports, Supply Chains, and Digital Leadership through Sales Diplomacy

President Yoon Suk-yeol is presiding over the 19th Emergency Economic and Livelihood Meeting at the Presidential Office building in Yongsan, Seoul, on the 31st. [Image source=Yonhap News]

President Yoon plans to use this ASEAN and G20 Summit not merely to deepen diplomatic cooperation but to turn it into a momentum for securing exports, supply chains, and digital leadership. Since ASEAN and India account for about 21% of Korea’s exports, his trip is interpreted as an opportunity for economic diplomacy. Chief Secretary Choi said, "Taking advantage of the ASEAN and G20 Summits, we will actively promote promising export sectors such as nuclear power, defense, and infrastructure, check the status of free trade agreement (FTA) negotiations and implementations by country, and intensively raise the difficulties faced by our companies."

President Yoon also plans to explore cooperation measures for diversifying advanced industry supply chains through multilateral meetings and bilateral talks. Since the importance of securing supply chains for essential core minerals such as lithium and copper, which are indispensable for advanced industries, has been elevated to the level of national security following the US-China trade conflict, cooperation with the ASEAN region, which has abundant deposits, is essential. Economic Chief Secretary Choi also explained at the briefing, "ASEAN and India are rich in core minerals and are strategic countries where our companies are expanding their presence to diversify supply chains. We will expand advanced industry cooperation with Indonesia and the Philippines, which are closely connected to our electric vehicle battery supply chains, and discuss cooperation plans within the Indo-Pacific Economic Framework, in which seven ASEAN countries and we participate together." President Yoon will hold bilateral talks with about 10 countries, including Indonesia, Malaysia, the Philippines, Singapore, Cambodia, and the Cook Islands during the G20 Summit period, as well as India, Mauritius, Spain, and Argentina. Among these, the Korea-Indonesia Summit with President Joko Widodo is expected to yield various outcomes, including in defense and supply chains. At the G20 Summit, in addition to safeguarding the rule-based international order, President Yoon will emphasize South Korea’s concrete contribution plans to overcome climate change. The Presidential Office explained that this is part of responsible diplomacy aimed at Korea’s leap to becoming a global pivotal state, but the industry expects various business opportunities to arise through cooperation in overcoming the climate crisis.

Schedules for cooperation in the private sector economic fields such as supply chains and infrastructure between Korean and Indonesian companies have also been prepared. Regarding strengthening digital leadership, on the 6th of next month, President Yoon will attend the ASEAN Artificial Intelligence (AI) Youth Festa to support exchanges among future generations and encourage challenges. The ASEAN AI Youth Festa will involve digital companies and youth from Korea and ASEAN exchanging AI technologies. At the Korea-Indonesia Business Roundtable held in Jakarta on the 7th, they plan to evaluate economic cooperation achievements and propose cooperation for the next 50 years. About 40 major company heads and CEOs, including Chung Eui-sun, Chairman of Hyundai Motor Group; Koo Kwang-mo, Chairman of LG Group; Shin Dong-bin, Chairman of Lotte Group; and Koo Ja-eun, Chairman of LS Group, are expected to attend.

Activities related to hosting the 2030 World Expo in Busan will also continue. Deputy Director Kim said, "With the 2030 World Expo vote just three months away, President Yoon will launch an all-out campaign to attract the Expo by actively utilizing summit diplomacy during his visits to Jakarta and New Delhi. He plans to emphasize the special ties between Busan and ASEAN leaders, who held the Korea-ASEAN Special Summit twice in 2014 and 2019 in Busan."

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