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Trade Minister holds "New Trade Roundtable"
  • Registration date2024-04-17

Minister for Trade Inkyo Cheong chaired the first “New Trade Roundtable” at the Government Complex Sejong to assess the supply chain trade strategy on April 17, the day the Indo-Pacific Economic Framework for Prosperity (IPEF) Supply Chain Agreement entered into force in Korea.

 

Trade Minister Cheong addressed the need for a supply chain trade policy that supports industrial supply chain policies and said that the ministry plans to establish measures on utilizing the IPEF Supply Chain Agreement in this respect. He also asked companies for specific suggestions on IPEF utilization measures.

 

Representatives from related associations, academia, and research institutions, including the Korea International Trade Association (KITA) and Korea Semiconductor Industry Association (KSIA), attended the meeting to participate in discussions for supply chain stability and diversification utilizing the IPEF Agreement.