Business leaders from Japan, South Korea, and China have come together to form a working group aimed at exploring economic cooperation in the private sector. This initiative was established following the agreement to deepen economic ties at a trilateral summit held in Seoul. The summit, convened by the Japan Business Federation (Keidanren), the Korea Chamber of Commerce and Industry, and the China Council for the Promotion of International Trade, brought together Japanese Prime Minister Fumio Kishida, South Korean President Yoon Suk Yeol, and Chinese Premier Li Qiang to discuss trade issues and their impact on global economic uncertainties.
During the summit, the organizations emphasized the need for a collective effort and preemptive coordination on trade issues. They highlighted that companies from all three countries needed a free and fair business environment to fully utilize their capabilities. As a result, they established a working group that will focus on enhancing economic cooperation between Japan, South Korea, and China.
The working group aims to strengthen ties between the private sectors of these three countries to promote mutual benefits and sustainable growth. It will work towards establishing common ground on trade issues while taking into account each country’s unique strengths and challenges.
Prime Minister Kishida emphasized that economic cooperation is crucial for promoting growth in all three countries. He reiterated his commitment to creating a free and fair business environment that would enable companies from all three countries to thrive.
South Korean President Yoon Suk Yeol expressed his support for enhanced economic cooperation between Japan and South Korea. He also stressed the importance of building strong relationships with China as both countries seek to promote growth in their respective economies.
Chinese Premier Li Qiang highlighted how important it is for businesses from all three countries to work together towards common goals. He emphasized that by fostering stronger ties between private sectors, they could create new opportunities for growth and development in each country.
In conclusion, this trilateral summit marked a significant milestone in deepening economic ties between Japan, South Korea, and China. The establishment of this working group signifies a commitment towards enhancing economic cooperation among these three nations while promoting sustainable growth for all parties involved.
