South Korean President Lee Jae Myung has urged enhanced economic collaboration with Japan to fortify supply chains in advanced industries amid ongoing global economic uncertainties. This call for cooperation was made during a meeting in Seoul with a Japanese business delegation, led by Yoshinobu Tsutsui, chairman of the Japan Business Federation.
In his address, President Lee highlighted the significant role that business communities in both South Korea and Japan play in fostering economic growth. He advocated for a forward-looking approach to expand bilateral cooperation, emphasizing the importance of strengthening business partnerships, increasing people-to-people exchanges, and boosting diplomatic engagement between the two nations. According to Lee, improving public sentiment toward each other could further enhance opportunities for economic collaboration.
Yoshinobu Tsutsui echoed the sentiment, stressing the necessity for cooperation among like-minded countries to tackle global economic challenges. He affirmed that Japanese and South Korean businesses would continue their collaborative efforts.
The Japanese delegation was in Seoul to participate in the 33rd annual meeting between the Japan Business Federation and South Korea’s Federation of Korean Industries. This event serves as a platform for business leaders from both countries to discuss economic ties and explore opportunities for cooperation.
