High-Level Korea-Japan Trade Talks... Discussion on Economic and Trade Policy Coordination Measures

Ahead of the 60th anniversary of Korea-Japan normalization of diplomatic relations in 2025, South Korea and Japan held a high-level meeting between their trade authorities to discuss economic and trade policy cooperation measures.

The Ministry of Trade, Industry and Energy announced that Jung In-kyo, Director General for Trade Negotiations, visited Tokyo on the 13th and met with Takehiko Matsuo, Vice Minister for Trade of Japan's Ministry of Economy, Trade and Industry, to discuss economic and trade cooperation between the two countries in response to changes in the global trade environment and ways to achieve tangible economic cooperation outcomes.

Jung In-kyo, Director General of Trade Negotiations, Ministry of Industry. (File photo)

The two countries agreed to hold shuttle talks during a meeting on the sidelines of the G20 Trade and Investment Ministers' Meeting held in Brazil on October 24 this year. This was the first meeting held since then.

An official from the Ministry of Trade, Industry and Energy said, "Both sides highly evaluated that relations between the two countries are developing in a future-oriented manner, with active exchanges in various fields between Korea and Japan after COVID-19," adding, "They agreed to continue communication on various trade issues and actively pursue ways to enhance negotiating power through joint statements on issues that require a joint response."

Additionally, both sides agreed to work together to ensure the successful hosting of international events such as the Osaka-Kansai Expo and the Asia-Pacific Economic Cooperation (APEC) summit scheduled for next year.

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