Archive · 29 Oct 2025
South Korean President Warns of Rising Protectionism and Nationalism
Imagine the world is like a big neighborhood where countries usually share and help each other.
But lately, some countries are starting to only think about themselves, which is like building high fences and not wanting to share.
This makes it hard for everyone to grow and be happy together.
President Lee from South Korea says this is a big problem and is like a global crisis.
He believes that even though things are tough, countries need to work together more than ever.
South Korea wants to be a leader in helping everyone cooperate, especially to make sure important things like goods can travel smoothly between countries.
He spoke at a big meeting for leaders from countries around the Pacific Ocean to talk about these important issues.
South Korean President Lee Jae Myung stated that rising protectionism and nationalism pose a crisis to the global economy.
Lee addressed the APEC CEO summit in Gyeongju, South Korea, highlighting the current challenging global economic environment.
He noted that in an era of increasing protectionism, concepts like 'cooperation' and 'inclusive growth' risk sounding meaningless.
South Korea intends to lead multilateral cooperation efforts to find solutions, including addressing supply chain problems.
President Lee emphasized that APEC's role as a platform for solidarity is crucial during times of global crisis.
- Who
- South Korean President Lee Jae Myung
- What
- Warned that the global economy faces a crisis of rising protectionism and nationalism, and stated South Korea's commitment to leading multilateral cooperation to address global issues.
- When
- Wednesday (date of article publication)
- Where
- Gyeongju, South Korea, at the APEC CEO summit
- Why
- To highlight the growing global challenges of protectionism and nationalism and to outline South Korea's proactive role in fostering cooperation.
Challenges
South Korea's Response
Global Economic Climate
Challenges
Protectionism and nationalism are on the rise globally, making concepts like cooperation and inclusive growth sound hollow.
South Korea's Response
South Korea, as a responsible global power, will lead multilateral cooperation to find solutions, including for supply chain issues, and restore trust within the APEC region.
APEC's Role
Challenges
The external environment surrounding APEC in 2025 is vastly different and more challenging compared to 2005.
South Korea's Response
APEC's role as a platform for solidarity will become even more important and shine brighter during these crises.
- Speaker
- South Korean President Lee Jae Myung
- Event
- Asia-Pacific Economic Forum (APEC) CEO summit
- Location
- Gyeongju, South Korea
- Date
- Wednesday (referring to the date of the article's publication)
- Key Themes
- Rising protectionism and nationalism, multilateral cooperation, supply chain issues