South Korean President Lee Jae Myung urged Seoul and Tokyo to coordinate supply chains for advanced industries, using a Friday meeting with Japanese business leaders to press for broader economic ties.
Presidential spokesperson Kim Sung-wan said Lee told the delegation that cooperation between the neighbors was important to supply chains serving advanced industries. Lee also pointed to improved public sentiment between the countries and called for wider business and people-to-people exchanges, Kim said.
Lee cited shuttle diplomacy between the countries' leaders as an example of efforts to build mutually beneficial relations, according to Kim.
Yoshinobu Tsutsui, chairman of the Japan Business Federation, said global economic uncertainty increased the importance of coordination among like-minded countries. He said the two countries' business groups planned to maintain their cooperation.
The Korea Herald reported that Tsutsui's delegation was in Seoul for the 33rd annual meeting between the Japan Business Federation and the Federation of Korean Industries. The presidential office also listed Korean federation Chairman Ryu Jin, Sumitomo Chemical Chairman Keiichi Iwata and Hitachi Executive Chair Toshiaki Higashihara among the attendees.
