Korea, Japan business groups deepen supply chain ties

Leading business groups from South Korea and Japan agreed Monday to deepen cooperation in supply chains, energy security and emerging industries, as Korea Chamber of Commerce and Industry Chairman Chey Tae-won called for broader economic integration between the neighboring countries. The KCCI and the Japan Chamber of C

The group aims to enable the two countries to share knowledge and experiences in seeking solutions to their demographic challenges through private-sector cooperation.

The two governments also broadened cooperation on critical minerals, defence, digital payments and transport. A new foreign minister-level mechanism will oversee implementation, alongside expanded education and regional links.