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South Korea urges business groups to expand youth exchanges with Japan

Foreign Minister Cho Hyun said business leaders should help strengthen ties between the countries’ future generations.

South Korea’s foreign minister urged business groups from both countries to play an active role in expanding youth exchanges with Japan. The 33rd Korea-Japan Business Conference is scheduled for October 23.

Source: Ministry of Foreign Affairs of South Korea

Representatives of South Korean and Japanese business organizations at a bilateral conference
South Korean and Japanese business groups meet to discuss economic cooperation. Illustrative photo. Photo: Basile Morin / Wikimedia Commons, CC BY-SA 4.0

South Korean Foreign Minister Cho Hyun urged business groups in South Korea and Japan to help expand exchanges between young people. He delivered the message in remarks for a welcome dinner on October 22, held ahead of the 33rd Korea-Japan Business Conference. Second Vice Minister of Foreign Affairs Kim Jina read the remarks on his behalf.

The conference is jointly organized by the Federation of Korean Industries and the Japan Business Federation. Established in 1982, it is a private-sector channel for senior business leaders to discuss friendship and economic cooperation between the two countries. This year’s meeting is scheduled for October 23 at FKI Tower under the theme “The Opening of a New 60 Years: A New Horizon for Korea-Japan Economic Cooperation.”

Cho said relations had settled onto a stable path of development following the launch of the Lee Jae Myung administration, supported by active shuttle diplomacy. He cited progress in practical cooperation on supply chains, economic security, energy and resources, advanced industries, science and technology.

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He also pointed to cooperation on shared social challenges, including low birth rates, aging populations and imbalances in regional growth. The two countries are communicating closely on an institutional framework for broader economic cooperation to support shared prosperity, strengthen economic resilience and contribute to peace in the region and globally.

Cho said long-standing exchanges between the business communities had helped build trust and a spirit of cooperation over more than 60 years since diplomatic relations were normalized. He noted that the number of people traveling between South Korea and Japan exceeded 13 million last year for the first time, and called on business leaders to support and expand exchanges between younger generations.

Cho concluded by wishing the 33rd conference success and urging it to continue proposing forward-looking cooperation as the two countries navigate a changing international situation and difficult domestic and external conditions.

Translated from Korean using artificial intelligence. Source: Ministry of Foreign Affairs of South Korea

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