SEOUL, South Korea: To strengthen the resilience of provide chains and develop expertise, usually uneasy neighbors, South Korea and Japan, together with the United States, have held their first financial safety dialogue.
The three nations are searching for to broaden cooperation in numerous fields within the face of elevated world tensions, a extra assertive China, and an unpredictable North Korea.
“This dialogue is meaningful in expanding bilateral economic security cooperation with the United States to the trilateral level,” the workplace of South Korean President Yoon Suk-yeol stated in a press release.
“It is expected to strengthen the three countries’ major supply chain resilience and crisis response capabilities, and play a role in fostering cooperation to promote and protect key and emerging technologies.”
At the talks in Hawaii, the officers mentioned exchanges in areas, together with quantum, bio and area applied sciences, and methods to step up cooperation to stabilize provide chains for semiconductors, batteries, and core minerals, Yoon’s workplace stated.