Strengthening the supply network by joining CPTPP, Japan-Korea business organizations hold a meeting

[Seoul Current Affairs] On the 23rd, the Japan Business Federation (Keidanren) and the Korean Economic Association (Korea Business Association), a South Korean business organization, held a meeting in Seoul to discuss economic cooperation between Japan and South Korea. Both sides share the recognition that South Korea's accession to the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) will "strengthen regional supply chain coordination." A joint statement was adopted stating that ``we will continue our efforts to achieve membership.''

Keidanren Chairman Yoshinobu Tsutsui pointed out, ``Recently, as geopolitical tensions have increased, a clear preference for one's own country has expanded.'' After emphasizing the importance of economic cooperation between Japan and South Korea, he said he ``strongly hopes'' South Korea will join the CPTPP.

Chairman Yanaizu of the Korean Economic Association emphasized the need to strengthen cooperation in areas such as economic security and issues common to both countries, such as a declining birthrate and aging population.