World · East Asia & Pacific · 2 hrs ago

South Korea and Japan seek framework for broader economic cooperation

South Korea and Japan seek framework for broader economic cooperation

South Korea and Japan are discussing a framework for broader economic cooperation, Foreign Minister Cho Hyun said.

Cho’s remarks were delivered at a Seoul meeting attended by business groups from both countries.

He said relations had settled onto a stable path, supported by frequent visits by the countries’ leaders.

The two sides are working together on supply chains, energy, economic security and advanced industries.

They are also seeking ways to address shared challenges, including low birth rates, ageing populations and uneven regional growth.

Cho said a formal framework could support shared prosperity, stronger economic resilience and peace in the region and beyond.

He urged business leaders to encourage exchanges between younger people, after visits between the countries topped 13 million last year.

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