South Korea and China Strengthen Bilateral Trade Ties
Industry ministers from South Korea and China met to discuss global trade challenges, agreeing on bilateral and multinational cooperation. China's Commerce Minister Wang Wentao is in Seoul for a trilateral meeting featuring Japan's Trade Minister Yoji Muto, promoting regional economic collaboration.
- Country:
- South Korea
In a significant development, industry ministers from South Korea and China came together on Saturday to deliberate on the shifting global trade landscape. This meeting underscored the importance of both bilateral and multinational cooperation to address emerging challenges.
South Korea's industry ministry announced that the discussions paved the way for enhanced collaboration between the two nations, aiming to fortify their trade relations amidst global uncertainties.
As part of a broader diplomatic effort, China's Commerce Minister Wang Wentao is currently visiting Seoul. His itinerary includes a trilateral ministerial meeting on Sunday, which will also see the participation of Japan's Trade Minister Yoji Muto. The focus is on fostering regional economic ties and ensuring sustainable trade growth among these key Asian players.
(With inputs from agencies.)
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