South Korea’s Trade Minister, Cheong In-kyo, took part in an important economic forum for business executives at the Asia-Pacific Economic Cooperation summit in Peru, where he engaged in valuable discussions on strengthening global supply chains. During the event, which took place on Wednesday, Minister Cheong shared South Korea’s vision for fostering international cooperation to enhance trade networks and improve global supply chain resilience.
As South Korea prepares to host the 2025 Asia-Pacific Economic Cooperation summit in Gyeongju, North Gyeongsang Province, Minister Cheong expressed a strong interest in learning from Peru’s experience in organizing major international events, particularly those focused on trade and economic development. This reflects South Korea’s commitment to ensuring that the upcoming summit delivers impactful solutions for businesses and governments alike.
The minister also participated in a session hosted by the United States, where he discussed the importance of further deepening economic ties between South Korea and the United States, particularly in sectors like advanced technology. A key topic of conversation was how to fortify supply chains that support crucial industries, including those related to artificial intelligence and high-tech components.
In addition, Minister Cheong met with trade leaders from Thailand, Indonesia, Singapore, New Zealand, and Australia. These bilateral meetings focused on exploring opportunities for collaboration to adapt to potential changes in the global trade landscape, particularly under new leadership in the United States. Together, these nations are committed to advancing supply chain transparency and efficiency in the face of evolving challenges.
The discussions underscored a shared commitment to strengthening global supply chains through collaboration, innovation, and mutual support, paving the way for sustainable growth and enhanced economic stability across the Asia-Pacific region.
#ICTTMNews #BreakingNews #SupplyChainInnovation #GlobalTradeGrowth #PositiveCollaboration #TradePartnerships #NewsUpdate
