Korea, China, Japan resume FTA talks after 6-yr hiatus

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The meeting was also a follow-up gathering to the trilateral summit by their heads of state in May 2024 in Seoul.“The three countries agreed to closely cooperate toward a comprehensive and high-level FTA among South Korea, Japan and China, as well as on issues related to multilateral trade systems, including the expansion of the RCEP membership and the WTO reform,” the MOTIE said in a statement.

South Korea held an economic ministers’ meeting with China and Japan on Sunday to discuss cooperation, including resuming negotiations about a trilateral free trade agreement (FTA), said South Korea’s Ministry of Trade, Industry and Energy (MOTIE).

They discussed strengthening communications to build a predictable business environment, stabilize supply chains and respond to export controls.“They held in-depth talks on global trade agenda with a focus on cooperation in the industrial and energy sectors," the MOTIE added.SYMBOLIC GESTURE?

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Category: Economy

Markets: South KoreaAustraliaChinaJapan

Topics: Trade China Meeting Including South Economic Korea Minister Negotiations Countries Cooperation

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Published On: 2025-03-31 @ 16:19:46 (1 days ago)

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Language: English

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