Seoul:President Lee Jae Myung called for strengthened economic cooperation between South Korea and Japan during a meeting with a Japanese business delegation. He emphasized the importance of joint efforts in maintaining supply chains for advanced industries.
According to Yonhap News Agency, the meeting took place at Cheong Wa Dae and included a delegation led by Yoshinobu Tsutsui, chairman of the Japan Business Federation. Lee expressed gratitude to business leaders from both nations for their contributions to economic growth and stressed a forward-looking approach to enhance economic collaboration.
President Lee highlighted the improved public sentiment between the two countries and urged continued efforts to expand both business ties and people-to-people exchanges. He noted that leaders from both nations are actively engaging in shuttle diplomacy to foster mutually beneficial relations.
Yoshinobu Tsutsui underscored the importance of cooperation among like-minded countries in the face of global economic challenges. He assured that the business communities of South Korea and Japan would continue to collaborate closely.
The meeting was attended by prominent figures such as Ryu Jin, chairman of the Federation of Korean Industries (FKI); Keiichi Iwata, chairman of Sumitomo Chemical; and Toshiaki Higashihara, executive chair of Hitachi. The Japanese delegation's visit was part of the 33rd meeting between the Japan Business Federation and the FKI, an annual event initiated in 1983 to enhance private-sector collaboration.