Japan, South Korea hold first finance leaders' meeting in 7 years

INCHEON - Japan and South Korea held their first bilateral finance leaders’ meeting in seven years on Tuesday, a sign relations between the two are thawing amid shared challenges from geopolitical tensions and slowing economic growth.

Mr Choo said the two countries can strengthen private and government partnerships in high-technology industries such as semiconductors and batteries. In the meeting held on the sidelines of the Asian Development Bank gathering this week, Mr Choo also urged Japan to swiftly restore South Korea back to a “white list” of countries with fast-track trade status.

But ties between the US allies have improved in recent months in the face of North Korea’s frequent missile launches and China’s more muscular role on the global stage.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korea finance minister: South Korea, Japan, China cooperation more important as world economy at inflection pointINCHEON, South Korea : South Korea's finance minister said on Tuesday that the trilateral cooperation between South Korea, Japan and China has became more important as the global economy stands at an inflection point. Minister Choo Kyung-ho said such cooperation would not only help the three countries, wh
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »