City
Epaper

South Korea, Japan discuss ways of strengthening economic ties

By IANS | Updated: August 21, 2024 16:20 IST

Seoul, Aug 21 Finance Minister Choi Sang-mok met new Japanese Ambassador to South Korea Koichi Mizushima on Wednesday, ...

Open in App

Seoul, Aug 21 Finance Minister Choi Sang-mok met new Japanese Ambassador to South Korea Koichi Mizushima on Wednesday, and they discussed ways to bolster bilateral economic ties, officials said.

During the meeting, Choi told Mizushima that South Korea and Japan are "important trade partners to each other," the Ministry of Economy and Finance said, reports Yonhap news agency.

The bilateral financial ministerial dialogue, which resumed in 2023 after a seven-year hiatus, has proven to be an effective platform for Seoul and Tokyo to exchange experiences on economic and tax policies, Choi said.

Choi also asked Japan to pay close attention to next year's Asia-Pacific Economic Cooperation summit, which will be held in South Korea.

Choi also shared efforts to have the country's government bond market included in the World Government Bond Index run by FTSE Russell, with Mizushima acknowledging that Seoul has made progress in making its market more accessible to foreign investors.

"The two sides agreed to strengthen cooperation and communications to improve their ties ahead of the 60th anniversary of the normalisation of bilateral relations," the ministry said.

Mizushima began his tenure as Japan's top envoy to Seoul in May.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Navi MumbaiNavi Mumbai: Couple Booked for Duping Man of ₹12 Lakh with Promise of Govt Job for His Daughter

InternationalDeath toll in Iran port explosion mounts to 25

TechnologyNIELIT inks 8 pacts to boost Digital India mission

TechnologyFormer ISRO Chief Kasturirangan's demise an irreparable loss to the nation and field of science: K'taka CM

Other SportsRudiger apologises for throwing object at referee in Copa del Rey final

International Realted Stories

InternationalMassive vigil in Toronto calls on Canada to designate Pakistan as terrorist state after Kashmir attack

InternationalPaank condemns surge in enforced disappearances across Balochistan, demands immediate accountability

InternationalHow US Congressmen and senators denounced Pahalgam terror attack, rallied behind India

InternationalNepal: Teachers protesting for education reforms clash with police

International'We are still paying price', Rashid Alvi backs Mani Shankar Aiyar’s partition remarks