In a dynamic step toward deeper regional integration, China, Japan, and South Korea met in Seoul on Sunday to advance their trade cooperation agenda. The meeting brought together Chinese Commerce Minister Wang Wentao, South Korean Minister of Trade, Industry and Energy Ahn Duk-geun, and Japanese Minister of Economy, Trade and Industry Yoji Muto, underscoring a shared commitment to tackling economic challenges in an increasingly competitive global market.
Under established frameworks such as the World Trade Organization, the Regional Comprehensive Economic Partnership, and the Asia-Pacific Economic Cooperation, the three nations agreed to fast-track free trade agreement negotiations and enhance dialogue on supply chain resilience and export controls. The discussions also focused on expanding collaboration in the digital and green economies, a move poised to unlock new opportunities for innovation and sustainable growth.
During the meeting, Minister Wang emphasized that the rich cultural and commercial ties among the three nations have historically driven significant economic achievements. He pointed out that in an era marked by unilateralism and protectionism, safeguarding free trade and a multilateral trading system is more important than ever. His remarks resonated with delegates from Japan and South Korea, who reinforced the need for joint efforts aimed at fostering an open and stable business environment.
Highlighting the forward-thinking nature of the agreement, participants noted that these measures are expected to inject strong momentum into regional and global economic growth. This renewed focus on cooperation has already attracted the attention of young global citizens, business and tech enthusiasts, and digital nomads who see immense potential in a more interconnected marketplace.
As the meeting concluded, the agreement was hailed as a beacon of optimism in a challenging economic landscape. By prioritizing collaborative trade policies and regional integration, China, Japan, and South Korea are setting the stage for a more prosperous and resilient future that benefits all stakeholders around the globe.
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China, Japan, South Korea agree to promote trade cooperation
cgtn.com
