Move FM Global News

SEOUL, South Korea: To strengthen the resilience of supply chains and develop technology, often uneasy neighbors, South Korea and Japan, along with the United States, have held their first economic security dialogue.

The three countries are seeking to expand cooperation in various fields in the face of increased global tensions, a more assertive China, and an unpredictable North Korea.

“This dialogue is meaningful in expanding bilateral economic security cooperation with the United States to the trilateral level,” the office of South Korean President Yoon Suk-yeol said in a statement.

“It is expected to strengthen the three countries’ major supply chain resilience and crisis response capabilities, and play a role in fostering cooperation to promote and protect key and emerging technologies.”

At the talks in Hawaii, the officials discussed exchanges in areas, including quantum, bio and space technologies, and ways to step up cooperation to stabilize supply chains for semiconductors, batteries, and core minerals, Yoon’s office said.