Meeting with Overseas Economic Officials, Deputy Minister of Economy and Finance Expresses "Concerns over Expanding Global Uncertainty"

Kim Byung-hwan, Vice Minister of Strategy and Finance, is delivering opening remarks at the 'Fiscal, Economic, and Financial Officials Video Conference' on major global issues held at the Government Seoul Office in Jongno-gu, Seoul, on the morning of the 19th.

Kim Byung-hwan, First Vice Minister of the Ministry of Economy and Finance, emphasized on the 19th that "there are concerns about rising global uncertainties due to oil price increases, new industrial policies in France and Japan, and the expansion of geopolitical risks."

On the same day, Vice Minister Kim held a video conference with overseas financial and economic officers (Jae-gyeong-gwan) at the Government Seoul Office to make this statement.

Vice Minister Kim stated, "It is important to maintain cooperative relationships with Jae-gyeong-gwan and local diplomatic missions to timely grasp and report local information," and urged, "Please maintain vigilance and utilize the local network to the fullest to promptly report any unusual developments."

This meeting was held to focus on reviewing the economic security response strategies of the United States and the European Union (EU) and the macroeconomic situations of major countries. Financial and economic officers from six countries?the United States, China, Japan, the EU, Germany, and Russia?attended and shared analysis results on the host countries' government policies and major risk factors.

The Ministry of Economy and Finance announced that the local information and policy suggestions discussed on this day will be utilized in the future formulation of our government's domestic and international economic policies.

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