Particle.news

Download on the App Store

Korea, Japan Finalize Joint Statement to Strengthen Economic Ties

Business leaders wrapped two days of talks by endorsing joint initiatives on advanced technologies plus carbon neutrality measures.

South Korean Industry Minister Ahn Duk-geun (4th from R, front row) poses for a photo with South Korean and Japanese business leaders during their meeting at a hotel in Seoul on May 26, 2025, one day before they hold the 57th South Korea-Japan Business Conference. (Yonhap)
Image

Overview

  • The conference in Seoul convened about 300 South Korean and Japanese leaders to commemorate 60 years of normalized diplomatic relations.
  • Delegates approved a Korea-Japan Partnership Joint Statement outlining cooperation in AI, semiconductors, biotechnology and other cutting-edge industries.
  • South Korean Trade Minister Cheong In-kyo urged coordinated efforts to shield supply chains from risks, expand into Global South markets and accelerate renewable energy adoption.
  • The agreement commits both countries to explore a bilateral free trade pact aimed at expanding commerce and fostering people-to-people exchanges.
  • The Ministry of Trade, Industry and Energy and the Korea-Japan Economic Association co-hosted the event to reinforce cooperation during rising global trade tensions.